Coda Octopus Financial Statements From 2010 to 2023

CODA Stock  USD 8.20  0.08  0.99%   
Coda Octopus financial statements provide useful quarterly and yearly information to potential Coda Octopus Group investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Coda Octopus financial statements helps investors assess Coda Octopus' valuation, profitability, and current liquidity needs.
We have found one hundred five available fundamental signals for Coda Octopus Group, which can be analyzed and compared to other ratios and to its rivals. Make sure you validate all of Coda Octopus Group prevailing market performance against the performance between 2010 and 2023 to make sure the company can sustain itself down the road.
The current year Free Cash Flow is expected to grow to about 3.2 M, whereas Net Income Per Employee is forecasted to decline to about 38.4 K.
  
Check Coda Octopus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Coda Octopus main balance sheet or income statement drivers, such as Direct Expenses of 8.3 M, Consolidated Income of 5.3 M or Cost of Revenue of 6.2 M, as well as many exotic indicators such as Interest Coverage of 70.13, Long Term Debt to Equity of 0.0022 or Calculated Tax Rate of 5.65. Coda Octopus financial statements analysis is a perfect complement when working with Coda Octopus Valuation or Volatility modules. It can also supplement various Coda Octopus Technical models . Continue to the analysis of Coda Octopus Correlation against competitors.

Coda Octopus Revenues

18.17 Million

Coda Octopus Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Tax Assets70.9 K69.1 K398.1 K
Up
Very volatile
Trade and Non Trade Receivables6.1 M6.1 M4.8 M
Up
Slightly volatile
Property Plant and Equipment Net6.7 M6.9 M5.1 M
Up
Slightly volatile
Trade and Non Trade Payables1.6 M1.7 M1.2 M
Up
Slightly volatile
Liabilities Non Current145.8 K142.1 KM
Down
Slightly volatile
Current Liabilities6.7 M4.9 M5.6 M
Down
Slightly volatile
Total Liabilities5.2 M5.1 M11 M
Down
Slightly volatile
Inventory13.3 M12.3 M6.5 M
Up
Slightly volatile
Goodwill and Intangible Assets3.4 M3.4 M3.7 M
Down
Slightly volatile
Shareholders Equity USD38 M47.2 M21.6 M
Up
Slightly volatile
Shareholders Equity39.9 M36.9 M18.7 M
Up
Slightly volatile
Deferred Revenue2.7 M2.5 M1.1 M
Up
Slightly volatile
Total Debt USD58.7 K57.2 K7.1 M
Down
Slightly volatile
Debt Non Current58.5 K57 KM
Down
Slightly volatile
Debt Current58.7 K57.2 K1.1 M
Down
Slightly volatile
Total Debt58.7 K57.2 K7.1 M
Down
Slightly volatile
Cash and Equivalents USD16.6 M20.4 M10.8 M
Up
Slightly volatile
Cash and Equivalents17.2 M16 M10.1 M
Up
Slightly volatile
Assets Non Current11.4 M11.4 M9.2 M
Up
Slightly volatile
Current Assets34.5 M32 M21.5 M
Up
Slightly volatile
Total Assets44.1 M40.9 M29.6 M
Up
Slightly volatile
Accumulated Other Comprehensive Income(1.6 M)(1.5 M)(1.1 M)
Down
Slightly volatile
Accounts Payable1.7 M1.7 M1.4 M
Down
Very volatile
Receivables4.7 M5.3 M4.8 M
Up
Slightly volatile
Inventories10.4 M9.6 M5.8 M
Up
Slightly volatile

Coda Octopus Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Income Tax Expense379 K351.3 K67.7 K
Up
Pretty Stable
Weighted Average Shares Diluted8.8 M10.2 M8.8 M
Up
Slightly volatile
Weighted Average Shares8.4 M9.7 M8.4 M
Up
Slightly volatile
Selling General and Administrative Expense8.9 M9.1 M7.5 M
Up
Slightly volatile
Research and Development ExpenseM3.4 MM
Up
Slightly volatile
Revenues USD24.7 M24.5 M20.7 M
Up
Slightly volatile
Revenues18.2 M19.2 M19.5 M
Up
Slightly volatile
Operating Income3.3 M3.5 M3.6 M
Up
Pretty Stable
Operating Expenses11.9 M12.5 M9.5 M
Up
Slightly volatile
Net Income Common Stock USD5.3 M5.7 M3.4 M
Up
Slightly volatile
Net Income Common Stock5.3 M5.7 M3.4 M
Up
Slightly volatile
Net Income3.7 M4.5 M3.6 M
Up
Slightly volatile
Interest Expense49.5 K48.2 K521 K
Down
Slightly volatile
Gross Profit16.5 M17 M12.9 M
Up
Slightly volatile
Earning Before Interest and Taxes USD5.7 M6.1 MM
Up
Slightly volatile
Earning Before Interest and Taxes EBIT5.7 M6.1 MM
Up
Slightly volatile
Cost of Revenue6.2 M5.9 M7.5 M
Down
Slightly volatile
Consolidated Income5.3 M5.7 M3.4 M
Up
Slightly volatile
Direct Expenses8.3 M7.5 M7.5 M
Down
Pretty Stable

Coda Octopus Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Share Based Compensation1.3 M1.2 M473 K
Up
Slightly volatile
Effect of Exchange Rate Changes on Cash 209 K193.8 K29.9 K
Down
Very volatile
Net Cash Flow from Operations2.8 M2.9 M3.3 M
Up
Pretty Stable
Net Cash Flow from Investing(1.2 M)(1.1 M)(1 M)
Down
Slightly volatile
Net Cash Flow from Financing172.9 K160.2 K(571.1 K)
Up
Slightly volatile
Issuance Repayment of Debt Securities 172.9 K160.2 K(816.2 K)
Up
Pretty Stable
Issuance Purchase of Equity Shares97.4 K94.9 K3.1 M
Down
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents2.6 MM1.8 M
Up
Slightly volatile
Depreciation Amortization and AccretionM1.1 M739.7 K
Up
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Tangible Assets Book Value per Share3.964.443.049
Up
Slightly volatile
Sales per Share2.72.272.5122
Down
Slightly volatile
Return on Sales0.270.290.1955
Up
Slightly volatile
Return on Invested Capital0.320.320.2708
Up
Pretty Stable
Return on Average Equity15.4815.0842.8818
Down
Slightly volatile
Return on Average Assets11.3310.6713.3312
Down
Very volatile
Price to Sales Ratio4.484.923.218
Up
Slightly volatile
Price to Earnings Ratio20.0221.115.512
Up
Slightly volatile
Price to Book Value2.12.012.7456
Down
Slightly volatile
Profit Margin17.4620.8817.066
Up
Slightly volatile
Gross Margin58.1162.3261.5178
Up
Slightly volatile
Free Cash Flow per Share0.220.20.2736
Down
Very volatile
Enterprise Value over EBITDA13.6113.4110.9219
Up
Slightly volatile
Enterprise Value over EBIT16.4616.113.3974
Up
Slightly volatile
Earnings per Basic Share USD0.520.530.359
Up
Slightly volatile
Earnings per Diluted Share0.360.40.3777
Up
Pretty Stable
Earnings per Basic Share0.370.410.3931
Up
Pretty Stable
EBITDA Margin23.826.0824.8679
Up
Pretty Stable
Debt to Equity Ratio0.00220.00214.796
Down
Slightly volatile
Current Ratio8.117.515.4493
Up
Slightly volatile
Book Value per Share3.594.372.1407
Up
Slightly volatile
Asset Turnover0.840.590.825
Down
Slightly volatile
Total Assets Per Share3.223.773.1625
Up
Slightly volatile
Cash Flow Per Share0.30.270.3673
Down
Very volatile
Return on Investment13.039.2315.3164
Down
Very volatile
Operating Margin15.3416.3316.7464
Up
Pretty Stable
Calculated Tax Rate5.655.23(3.6789)
Up
Slightly volatile
Receivables Turnover5.565.624.6608
Down
Very volatile
Inventory Turnover0.780.761.864
Down
Slightly volatile
PPandE Turnover4.164.0617.738
Down
Slightly volatile
Cash and Equivalents Turnover1.531.495.7861
Down
Slightly volatile
Accounts Payable Turnover13.3814.0214.7646
Up
Slightly volatile
Interest Coverage70.1365.030.4295
Up
Slightly volatile
Long Term Debt to Equity0.00220.00214.4973
Down
Slightly volatile
Quick Ratio3.643.372.3969
Up
Slightly volatile
Net Current Assets as percentage of Total Assets66.8561.9639.7593
Up
Slightly volatile
Revenue to Assets0.790.540.7872
Down
Slightly volatile

Coda Octopus Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Working Capital29.2 M36 M18.6 M
Up
Slightly volatile
Tangible Asset Value40.9 M47.9 M28 M
Up
Slightly volatile
Market Capitalization94.6 M105.4 M64.4 M
Up
Slightly volatile
Invested Capital Average16.7 M17.1 M19.3 M
Down
Slightly volatile
Invested Capital17.2 M17.8 M19.7 M
Down
Slightly volatile
Free Cash Flow3.2 M2.8 M2.4 M
Up
Slightly volatile
Enterprise Value78.3 M83.6 M58.1 M
Up
Slightly volatile
Average Equity37.7 M45.4 M21.5 M
Up
Slightly volatile
Earnings before Tax5.4 MM3.5 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD6.7 M7.2 M4.8 M
Up
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA4.9 M5.6 M5.1 M
Up
Pretty Stable
Average Assets44.2 M49.7 M31.1 M
Up
Slightly volatile
Revenue Per Employee183.3 K202.1 K195.1 K
Up
Pretty Stable
Net Income Per Employee38.4 K46.9 K40.2 K
Up
Slightly volatile

Coda Octopus Fundamental Market Drivers

Forward Price Earnings12.3305
Cash And Short Term Investments17.7 M

Coda Octopus Upcoming Events

Upcoming Quarterly Report27th of January 2022
Next Fiscal Quarter End31st of October 2021

About Coda Octopus Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Coda Octopus income statement, its balance sheet, and the statement of cash flows. Coda Octopus investors use historical funamental indicators, such as Coda Octopus's revenue or net income, to determine how well the company is positioned to perform in the future. Although Coda Octopus investors may use each financial statement separately, they are all related. The changes in Coda Octopus's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Coda Octopus's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Coda Octopus Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Coda Octopus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Deferred Revenue2.5 M2.7 M
Cost of Revenue5.9 M6.2 M
Revenues19.2 M18.2 M
Revenue to Assets 0.54  0.79 
Revenue Per Employee202.1 K183.3 K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coda Octopus in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coda Octopus' short interest history, or implied volatility extrapolated from Coda Octopus options trading.

Pair Trading with Coda Octopus

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coda Octopus position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coda Octopus will appreciate offsetting losses from the drop in the long position's value.

Moving against Coda Octopus

-0.62DGIIDigi International Earnings Call This WeekPairCorr
The ability to find closely correlated positions to Coda Octopus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coda Octopus when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coda Octopus - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coda Octopus Group to buy it.
The correlation of Coda Octopus is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coda Octopus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coda Octopus Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coda Octopus can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Coda Octopus Correlation against competitors. Note that the Coda Octopus Group information on this page should be used as a complementary analysis to other Coda Octopus' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Coda Octopus' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coda Octopus. If investors know Coda Octopus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coda Octopus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.231
Market Capitalization
88.1 M
Quarterly Revenue Growth
0.076
Return On Assets
0.0636
Return On Equity
0.088
The market value of Coda Octopus Group is measured differently than its book value, which is the value of Coda Octopus that is recorded on the company's balance sheet. Investors also form their own opinion of Coda Octopus' value that differs from its market value or its book value, called intrinsic value, which is Coda Octopus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coda Octopus' market value can be influenced by many factors that don't directly affect Coda Octopus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coda Octopus' value and its price as these two are different measures arrived at by different means. Investors typically determine Coda Octopus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coda Octopus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.