Coda Octopus Group (CODA) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart Transcripts

Coda Octopus Group Revenue Highlights

Latest Revenue (Y)

$19.35M

Latest Revenue (Q)

$5.48M

Main Segment (Y)

Software Sales

Main Geography (Y)

Europe

Coda Octopus Group Revenue by Period

Coda Octopus Group Revenue by Year

Date	Revenue	Change
2023-10-31	$19.35M	-12.93%
2022-10-31	$22.23M	4.19%
2021-10-31	$21.33M	6.42%
2020-10-31	$20.04M	-20.01%
2019-10-31	$25.06M	39.06%
2018-10-31	$18.02M	-0.03%
2017-10-31	$18.03M	-14.65%
2016-10-31	$21.12M	9.79%
2015-10-31	$19.23M	16.95%
2014-10-31	$16.45M	-26.39%
2013-10-31	$22.34M	5.76%
2012-10-31	$21.13M	34.36%
2011-10-31	$15.72M	36.61%
2010-10-31	$11.51M	-12.96%
2009-10-31	$13.22M	-22.07%
2008-10-31	$16.97M	22.49%
2007-10-31	$13.85M	90.00%
2006-10-31	$7.29M	70.02%
2005-10-31	$4.29M	-

Coda Octopus Group generated $19.35M in revenue during NA 2023, up -12.93% compared to the previous quarter, and up 107.40% compared to the same period a year ago.

Coda Octopus Group Revenue by Quarter

Date	Revenue	Change
2024-07-31	$5.48M	2.88%
2024-04-30	$5.32M	19.32%
2024-01-31	$4.46M	25.18%
2023-10-31	$3.56M	-27.13%
2023-07-31	$4.89M	-7.75%
2023-04-30	$5.30M	-5.27%
2023-01-31	$5.60M	8.98%
2022-10-31	$5.14M	-18.06%
2022-07-31	$6.27M	25.73%
2022-04-30	$4.98M	-14.62%
2022-01-31	$5.84M	14.91%
2021-10-31	$5.08M	-12.81%
2021-07-31	$5.83M	8.46%
2021-04-30	$5.37M	6.39%
2021-01-31	$5.05M	7.97%
2020-10-31	$4.68M	-13.31%
2020-07-31	$5.40M	64.05%
2020-04-30	$3.29M	-50.77%
2020-01-31	$6.68M	14.27%
2019-10-31	$5.85M	-12.32%
2019-07-31	$6.67M	-1.69%
2019-04-30	$6.78M	17.80%
2019-01-31	$5.76M	1.67%
2018-10-31	$5.66M	-1.98%
2018-07-31	$5.78M	63.86%
2018-04-30	$3.53M	15.60%
2018-01-31	$3.05M	30.11%
2017-10-31	$2.34M	-53.51%
2017-07-31	$5.04M	-4.45%
2017-04-30	$5.28M	-1.48%
2017-01-31	$5.36M	-15.19%
2016-10-31	$6.32M	47.66%
2016-07-31	$4.28M	-25.54%
2016-04-30	$5.75M	20.31%
2016-01-31	$4.78M	6.91%
2015-10-31	$4.47M	-13.84%
2015-07-31	$5.18M	-0.71%
2015-04-30	$5.22M	19.74%
2015-01-31	$4.36M	-0.98%
2014-10-31	$4.40M	-3.31%
2014-07-31	$4.55M	10.57%
2014-04-30	$4.12M	22.29%
2014-01-31	$3.37M	-34.47%
2013-10-31	$5.14M	-27.50%
2013-07-31	$7.09M	25.71%
2013-04-30	$5.64M	25.89%
2013-01-31	$4.48M	-20.43%
2012-10-31	$5.63M	-4.09%
2012-07-31	$5.87M	6.73%
2012-04-30	$5.50M	33.50%
2012-01-31	$4.12M	-23.99%
2011-10-31	$5.42M	53.54%
2011-07-31	$3.53M	10.58%
2011-04-30	$3.19M	-11.04%
2011-01-31	$3.59M	58.81%
2010-10-31	$2.26M	-8.45%
2010-07-31	$2.47M	-33.53%
2010-04-30	$3.71M	21.03%
2010-01-31	$3.07M	33.82%
2009-10-31	$2.29M	-33.06%
2009-07-31	$3.43M	-20.49%
2009-04-30	$4.31M	34.65%
2009-01-31	$3.20M	-14.38%
2008-10-31	$3.74M	-25.40%
2008-07-31	$5.01M	-1.73%
2008-04-30	$5.10M	62.98%
2008-01-31	$3.13M	-

Coda Octopus Group generated $5.48M in revenue during Q3 2024, up 2.88% compared to the previous quarter, and up 103.30% compared to the same period a year ago.

Coda Octopus Group Revenue Breakdown

Coda Octopus Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Oct 23	Oct 22	Oct 21	Oct 20	Oct 19
Software Sales	$851.98K	-	-	-	-
Marine Engineering Business Services	-	$2.43M	$865.83K	-	-
Marine Technology Business Products	-	$1.01M	$669.97K	-	-
Marine Technology Business (Products)	-	-	-	$997.15K	$1.59M
Overhead	-	-	-	$2.70M	$2.70M
Marine Engineering Business (Services)	-	-	-	$354.37K	$145.15K

Coda Octopus Group's latest annual revenue breakdown by segment (product or service), as of Oct 23: Software Sales (100.00%).

Quarterly Revenue by Product

Product/Service	Jul 24	Apr 24	Jan 24	Oct 23	Jul 23	Apr 23	Jan 23	Oct 22	Jul 22	Apr 22	Jan 22	Oct 21	Jul 21	Apr 21	Jan 21	Oct 20	Jul 20	Apr 20	Jan 20	Oct 19
Equipment Rentals	$805.26K	$699.66K	$380.81K	$303.52K	$519.43K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Services	$818.73K	$841.04K	$809.85K	$837.12K	$982.64K	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Software Sales	$251.49K	$176.74K	$225.53K	$485.10K	$147.45K	$219.42K	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment Sales	-	-	-	-	$2.22M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marine Engineering Business (Services)	-	-	-	-	-	-	$623.05K	$90.44K	$49.20K	$244.87K	$8.98K	$4.69K	$100.53K	$-159.51K	-	-	-	-	-	-
Marine Technology Business (Products)	-	-	-	-	-	-	$417.17K	$504.41K	$370.63K	$196.02K	$498.31K	$277.66K	$302.82K	$545.95K	-	-	-	-	-	-
Marine Engineering Business Services	-	-	-	-	-	-	-	$1.01M	$812.21K	$332.36K	$276.98K	$217.26K	$106.89K	-	-	-	-	-	-	-
Marine Technology Business Products	-	-	-	-	-	-	-	$323.44K	$252.20K	$134.42K	$304.80K	$70.54K	$153.15K	-	-	-	-	-	-	-
Overhead	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$675.00K	$675.00K	$1.35M	$675.00K	$675.00K	$675.00K

Coda Octopus Group's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Services (43.65%), Equipment Rentals (42.94%), and Software Sales (13.41%).

Coda Octopus Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Oct 18
Australia	$371.73K
USA	$7.62M
Europe	$10.03M

Coda Octopus Group's latest annual revenue breakdown by geography, as of Oct 18: Europe (55.66%), USA (42.28%), and Australia (2.06%).

Quarterly Revenue by Country

Country	Jul 24	Apr 24	Jan 24	Jul 23	Apr 23	Jan 23	Jul 19	Apr 19	Oct 18	Jul 18	Apr 18
Middle East/Africa	$205.87K	$348.15K	$462.47K	$595.90K	$92.74K	-	-	-	-	-	-
Americas	-	-	$792.49K	$2.61M	-	-	-	-	-	-	-
Europe	-	-	-	$1.25M	$3.01M	$3.72M	$1.48M	-	-	-	-
Australia/Asia	-	-	-	$442.67K	$924.25K	-	-	-	-	-	-
Marine Technology Business (Products)	-	-	-	-	-	$417.17K	-	-	-	-	-
Marine Engineering Business (Services)	-	-	-	-	-	$623.05K	-	-	-	-	-
AustralasiaAndAsiaMember	-	-	-	-	-	-	$1.19M	$1.04M	-	-	-
Australia	-	-	-	-	-	-	-	-	-	$-607.00	$115.36K
USA	-	-	-	-	-	-	-	-	-	$2.06M	$1.93M

Coda Octopus Group's latest quarterly revenue breakdown by geography, as of Jul 24: Middle East/Africa (100.00%).

Coda Octopus Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CW	Curtiss-Wright	$2.85B	$798.92M
VSEC	VSE	$860.49M	$273.61M
DCO	Ducommun	$756.99M	$201.41M
ATRO	Astronics	$689.21M	$203.70M
CDRE	Cadre	$482.53M	$109.41M
NPK	National Presto Industries	$340.91M	$91.82M
PKE	Park Aerospace	$56.00M	$16.71M
ISSC	Innovative Solutions and Support	$34.81M	$11.77M
CODA	Coda Octopus Group	$19.35M	$5.48M

CODA Revenue FAQ

What is Coda Octopus Group’s yearly revenue?

Coda Octopus Group's yearly revenue for 2023 was $19.35M, representing a decrease of -12.93% compared to 2022. The company's yearly revenue for 2022 was $22.23M, representing an increase of 4.19% compared to 2021. CODA's yearly revenue for 2021 was $21.33M, representing an increase of 6.42% compared to 2020.

What is Coda Octopus Group’s quarterly revenue?

Coda Octopus Group's quarterly revenue for Q3 2024 was $5.48M, a 2.88% increase from the previous quarter (Q2 2024), and a 11.98% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $5.32M, a 19.32% increase from the previous quarter (Q1 2024), and a 0.41% increase year-over-year (Q2 2023). CODA's quarterly revenue for Q1 2024 was $4.46M, a 25.18% increase from the previous quarter (Q4 2023), and a -20.28% decrease year-over-year (Q1 2023).

What is Coda Octopus Group’s revenue growth rate?

Coda Octopus Group's revenue growth rate for the last 3 years (2021-2023) was -9.28%, and for the last 5 years (2019-2023) was -22.77%.

What are Coda Octopus Group’s revenue streams?

Coda Octopus Group's revenue streams in t 23 are Software Sales

What is Coda Octopus Group’s main source of revenue?

For the fiscal year ending Oct 23, the largest source of revenue of Coda Octopus Group was Software Sales. This segment made a revenue of $851.98K, representing 100.00% of the company's total revenue.