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Thu, January 29, 2026 astatine 11:11 AM CST 7 min read
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Revenue roseate 30.7% to $26.6 million successful fiscal 2025, driven mostly by the October 2024 acquisition of Precision Acoustics whose Acoustic Sensors & Materials portion contributed $5.4 million (20.4% of revenue); the institution finished the twelvemonth with $28.7 million successful currency and no debt.
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Consolidated gross borderline dipped to 66.5% from 69.8% contempt higher gross profit, chiefly owed to the lower‑margin acquired portion (about a 2‑percentage‑point impact) and a Marine Technology premix displacement toward hardware (30.5% increase) alongside a 36.6% diminution successful higher‑margin rentals.
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Management is prioritizing defence adoption—Marine Technology was 46% defense—and reported advancement connected Echoscope NanoGen trials and deliveries of untethered DAVD systems with U.S. and allied navies, with imaginable procurement decisions and archetypal deliveries expected successful aboriginal 2026; the institution besides remains keen to prosecute accretive M&A to thrust growth.
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Coda Octopus Group (NASDAQ:CODA) reported fiscal twelvemonth 2025 results showing higher gross and earnings, portion absorption emphasized advancement connected caller products and defense-market adoption arsenic cardinal drivers of the company’s semipermanent maturation strategy.
Interim CFO Gayle Jardine said full gross roseate to $26.6 million successful fiscal 2025 from $20.3 million successful fiscal 2024, an summation of 30.7%. Management attributed a meaningful information of the maturation to the company’s Acoustic Sensors and Materials business, added to the radical successful October 2024 done the acquisition of Precision Acoustics Limited.
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By segment, Jardine said:
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Marine Technology gross accrued 3.2% to $13.2 million from $12.8 million.
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Defense Engineering gross accrued 5.6% to $7.9 million from $7.5 million.
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Acoustic Sensors and Materials recorded $5.4 million of gross successful fiscal 2025, contributing 20.4% of consolidated nett revenue.
Gross nett accrued to $17.7 million from $14.2 million, but consolidated gross borderline declined to 66.5% from 69.8%. Jardine said the 3.3 percentage-point alteration was chiefly driven by the summation of the lower-margin Acoustic Sensors and Materials portion (about 2 percent points of the decline), on with income premix and geography successful the halfway Marine Technology business.
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In Marine Technology, gross borderline fell to 74.5% from 77.9%, which absorption linked to a displacement toward much hardware income and less rentals. Jardine cited a 30.5% summation successful hardware units sold and a 36.6% simplification successful higher-margin rental sales. CEO Annmarie Gayle connected underutilization of rental assets to a alteration successful U.S. argumentation connected backing for offshore renewables, which she said led to projects being shelved and reduced rental and associated services demand.

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