Coda Octopus Group First Quarter 2025 Earnings: Beats Expectations

Coda Octopus Group (NASDAQ:CODA) First Quarter 2025 Results

Key Financial Results

• Revenue: US$5.21m (up 17% from 1Q 2024).
• Net income: US$913.0k (up 45% from 1Q 2024).
• Profit margin: 18% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue.
• EPS: US$0.081 (up from US$0.057 in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Coda Octopus Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 167%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Electronic industry in the US.

Performance of the American Electronic industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Coda Octopus Group that we have uncovered.

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