Coda Octopus Group (CODA) investor relations material

Strategic vision and growth initiatives

• Focus on expanding through disruptive underwater technologies and selective acquisitions, including the recent addition of Precision Acoustics Limited, which enhances capabilities in both medical and subsea markets.

• Advancements in defense solutions and engineering, with a goal to grow recurring revenues and increase shareholder value.

• Emphasis on market leadership in real-time 3D/4D/5D/6D sonar imaging and patented diving technologies, targeting both commercial and defense sectors.

• Ongoing development of the DAVD system, aiming for adoption beyond the US Navy, especially in special forces and commercial applications.

• Diversification of revenue streams through new digital communications solutions and leveraging synergies from recent acquisitions.

Technology and product innovation

• Echoscope PIPE® and PIPE NANO Gen Series® offer AI-ready, ultra-compact real-time 3D imaging for underwater vehicles and diver systems, providing superior spatial awareness in zero-visibility conditions.

• DAVD system revolutionizes diving by integrating augmented reality displays, real-time data sharing, and enhanced safety and efficiency for complex underwater tasks.

• Strong IP portfolio with patents covering hardware, software, and unique underwater HUD concepts, ensuring competitive advantage.

• Proprietary solutions address a wide range of marine and defense applications, from asset inspection to mine countermeasures and salvage operations.

• Precision Acoustics brings expertise in acoustic hydrophones and materials, expanding offerings in medical imaging and non-destructive testing.

Financial performance and outlook

• FY 2025 revenues reached $26.6M, with net income of $4.1M and EBITDA of $7.6M; consistent profitability and strong cash generation over the past five years.

• FQ 2026 revenues increased to $6.7M from $5.2M in FQ 2025, with stable earnings per share at $0.08.

• Gross profit margins averaged 58.6% over five years, with no debt and a pristine balance sheet.

• Diversified revenue base across marine technology, defense engineering, and acoustics, with recurring streams from proprietary parts and products.