Coda Octopus Group, Inc. [CODA] posts $4.30M profit as revenue rises 4.19% to $22.23M

Coda Octopus Group, Inc. [CODA] posted a profit of $4.30M, marking a fall of 13.07% for this year.

Revenue rose to $22.23M this year compared to $21.33M in the previous year.

The Florida(FL)-based company’s earnings per share came in at 0.38, compared to 0.44 in the last report.

According to the latest annual report the company has filed with the SEC, current earnings were $4.30M, down 13.07% from $4.95M.

The company’s net sales for the period were $22.23M, up 4.19%. Net sales in the previous year were $21.33M.