Core Insights - Coda Octopus Group, Inc. reported strong financial results for FY2025, with significant increases in consolidated net revenue, operating income, pre-tax income, and earnings per share [2][8]. Financial Performance - Total revenue for FY2025 was approximately $26.6 million, a 30.7% increase from $20.3 million in FY2024 [8]. - Revenue from the Marine Technology Business was $13.2 million, up 3.2% from $12.8 million in FY2024 [8]. - Revenue from the Defense Engineering Services Business increased by 5.6% to $7.9 million compared to $7.5 million in FY2024 [8]. - Gross profit rose to $17.7 million, with a gross margin of 66.5%, down from 69.8% in FY2024 [12]. - Operating income increased by 26.6% to $4.5 million, with an operating margin of 17.1% [12]. - Pre-tax income was approximately $5.5 million, a 19.5% increase from $4.6 million in FY2024 [12]. - Net income after taxes was $4.1 million, reflecting a 13.3% increase from $3.6 million in FY2024 [12]. - Diluted earnings per share increased to $0.37 from $0.32 in FY2024 [12]. Business Developments - The acquisition of Precision Acoustics Limited (PAL) contributed positively to financial performance, achieving qualifying conditions for earn-out payments [2][3]. - Sales related to DAVD technology reached approximately $3.7 million, up from $1.2 million in the previous fiscal year [3]. - Equipment sales for Echoscope increased by 30.5% to $9.4 million compared to $7.2 million in FY2024 [3]. - The company completed the "Joint Funded DUS Hardening Program," delivering 16 next-generation DUS Systems for the U.S. Navy [5]. - The new generation of untethered DAVD systems is undergoing the Authorization for Navy Use (ANU) approval process, which is crucial for broader adoption [5][13]. Strategic Focus - The company is focused on increasing its share in the Defense Underwater Vehicles sector, which is transitioning towards AI-enabled autonomous capabilities [11]. - The introduction of the NANO Gen Series imaging sonar is aimed at enhancing the company's position in the underwater imaging sonar market [11][14]. - The company is expanding its growth strategy to include M&A activities, targeting value-accretive opportunities [15]. Cash Position - The cash balance at the end of FY2025 was $28.7 million, an increase of $6.2 million from $22.5 million in FY2024 [9]. Research and Development - Research and Development expenditures for FY2025 were approximately $2.4 million, a 9.2% increase compared to $2.2 million in FY2024 [12]. Summary of Achievements - The company successfully launched the ultra-compact Echoscope PIPE NANO Gen Series imaging sonar, which is well-received in the market [13]. - The company is seeing traction for DAVD technology outside the U.S., with sales to a European Navy [13].

Core Insights - DIVEVOLK's SeaLink Underwater Smartphone Data Transmitter has won the Innovation award at the boot dive award 2026, recognizing its contribution to underwater connectivity and technology [1][10] Group 1: Product Innovation - SeaLink enables real-time connectivity underwater, allowing divers to engage in live streaming, video calls, and collaboration between underwater and surface teams, which was previously limited to high-cost setups [5][9] - The product builds on DIVEVOLK's earlier innovation of a touchscreen underwater smartphone housing, emphasizing the company's commitment to enhancing underwater technology [10][12] Group 2: Industry Recognition - The boot dive award, launched in 2023, honors significant contributions to the diving industry across various categories, including Innovation, and is supported by BAUER Kompressoren [7] - DIVEVOLK's recognition at the boot Düsseldorf highlights its role in making underwater technology more accessible and community-driven [10][12]

Core Viewpoint - Coda Octopus Group, Inc. will host a conference call on January 29, 2026, to discuss its fiscal year 2025 results, with a press release to be issued prior to market opening on the same day [1] Group 1: Company Overview - Coda Octopus Group, Inc. is a leader in real-time 3D/4D/5D and 6D imaging sonar technology, providing solutions for subsea intelligence and augmented reality diving technology [1][4] - The company was founded in 1994 and supplies hardware and software solutions to the underwater/subsea market, including proprietary sonar technologies marketed under names like Echoscope [4] - Echoscope technology is utilized globally for various applications, including underwater mapping, subsea intervention, and marine construction [4] Group 2: New Technologies - The newly launched Diver Augmented Vision Display (DAVD) technology aims to revolutionize diving operations by integrating topside control with diver HUD systems, enabling shared visualization of underwater scenes [5] - DAVD technology allows operations in zero visibility conditions, addressing a common challenge in diving [5] Group 3: Defense Engineering Services - Coda Octopus Group operates two Defense Engineering Services businesses, Coda Octopus Martech Ltd and Coda Octopus Engineering, which supply sub-assemblies to prime defense contractors [6] - These businesses provide services including concept design, prototype manufacturing, and post-sale support, allowing for repeat orders throughout the life of defense programs [6] Group 4: Recent Acquisition - The company recently acquired Precision Acoustics Limited, which specializes in acoustic sensors and materials, and is accredited to ISO/IEC 17025 standard [7][8] - This acquisition enhances the company's capabilities in precision ultrasonic measurement, critical for regulated applications in medical and defense sectors [8]

Core Insights - DIVEVOLK's SeaLink Underwater Smartphone Data Transmitter has been shortlisted for the 2026 Boot Dive Award in the Innovation category, showcasing the company's advancements in underwater technology [1][4] - The SeaLink device addresses signal transmission challenges between underwater devices and smartphones, enabling communication at depths of up to 30 meters, facilitating live streaming, video calls, and real-time data transfer [3][5] Technological Advancements - SeaLink is utilized for various applications including underwater communication, live streaming, rescue operations, dive training, and real-time support for engineering and maintenance tasks [4] - The device offers high-speed underwater data transfer without compromising the integrity of the housing, enhancing operational safety by turning smartphones into real-time monitoring tools for divers [5] Industry Recognition and Voting - The Boot Dive Award has entered a public voting phase, allowing the global diving community to participate in recognizing innovations, with DIVEVOLK nominated in the Innovation category and its partner Aquatil in the Climate category [4][8] - Voting is open on the official boot Düsseldorf website, encouraging support for both DIVEVOLK and Aquatil [8] Company Overview - DIVEVOLK is a leader in underwater smartphone technology, developing tools that enhance safety, communication, and creative expression underwater, particularly with its SeaTouch 4 Max series [10]

Core Insights - DIVEVOLK's SeaLink Underwater Smartphone Data Transmitter has been shortlisted for the 2026 Boot Dive Award in the Innovation category, showcasing the company's advancements in underwater technology [1][4] Group 1: Product Innovation - The SeaLink is designed to address signal transmission challenges between underwater devices and smartphones, enabling communication at depths of up to 30 meters [3] - It utilizes a floating central processor to receive mobile network signals and transmit them to a smartphone in a waterproof case, allowing for live streaming, video calls, and real-time data transfer [3][5] - Key technological advancements include wireless integration efficiency, enhanced operational safety, and industry versatility, making it suitable for various diving activities [5] Group 2: Industry Impact - The SeaLink supports underwater video calls, social media access, live streaming, and real-time communication for underwater engineering and maintenance [5] - It is also beneficial for underwater rescue operations and diving instruction, enhancing safety and communication for divers [5] - DIVEVOLK's commitment to innovation is further highlighted by its previous win of the 2024 Innovation Award at boot Düsseldorf [1][4] Group 3: Community Engagement - The boot Dive Award has entered a public voting phase, allowing the global diving community to participate in recognizing innovations that will shape the industry [6] - DIVEVOLK encourages support for both its innovation and the environmental initiatives of its strategic partner, Aquatil, which is nominated in the Climate category [6][8] - Voting can be done through the official boot Düsseldorf website, promoting engagement in technological innovation and environmental conservation [9]

Core Insights - DIVEVOLK has formed a strategic partnership with the 2025 Underwater Photo Awards (UWPA) to promote underwater smartphone photography [1][12] - The partnership includes sponsorship of the "Mobile Photography" category with a prize pool exceeding $2,000, aimed at encouraging new creators [3][12] Company Initiatives - DIVEVOLK is providing prizes for the top three images in the "Mobile Photography" category, including the Advanced Macro Kit valued at $1,115, the Ocean Kit valued at $507, and the SeaTouch 4 Max Platinum Housing valued at $499 [3][4] - Additionally, DIVEVOLK sponsors the "Art" category, offering the DIVEVOLK SL20 Underwater Dive Light valued at $139 for the winner [5] Competition Details - The 2025 UWPA opened for submissions on December 14, 2025, with a free participation model allowing each author to upload up to 10 images until January 11, 2026 [9] - Winners will be announced on February 21, 2026, during the Moscow Dive Show, which is the largest underwater exhibition in the region [10] Ethical Standards - The UWPA emphasizes fairness and transparency, governed by a jury of experienced underwater photographers, and has established strict ethical guidelines prohibiting AI-generated images and requiring original RAW files from finalists [7][8] Technological Advancements - DIVEVOLK is recognized for its innovations in underwater smartphone technology, including the SeaTouch series, which allows smartphone operation at depths of up to 60 meters [14] - The company aims to make high-quality imaging accessible to all, leveraging its patented full-touchscreen housing technology [12][13]

Core Insights - Kraken Robotics' stock has surged over 1000% since 2023, driven by increasing demand for its deep-sea technology across defense and exploration sectors, indicating that the rally may continue [2][4] - The company operates in a market where 80% of the world's oceans remain unexplored, with potential resource values estimated between $40 trillion to hundreds of trillions, highlighting the vast opportunities for undersea technologies [3] - The company is well-positioned to benefit from rising defense spending and undersea exploration trends, with significant orders expected to accelerate in 2025 [4][6] Company Overview - Kraken Robotics specializes in undersea detection technologies, including sonar and mapping, as well as robotics-as-a-service (RaaS), which focuses on data capture and inspection for various sectors [3] - The recent acquisition of 3D at Depth enhances Kraken's service offerings, providing inspection and 3D imaging services, thereby expanding revenue streams and cross-selling opportunities [6] Market Dynamics - The company has received numerous purchase orders from diverse clients, including S&P 500 companies and NATO members, with orders exceeding $12 million announced in December, supporting its growth trajectory [7] - The anticipated listing on NASDAQ is expected to create new business opportunities and increase investor interest, enhancing coverage and ownership [4]

Company Overview - Coda Octopus Group, Inc. (CODA) is a multi-division underwater technology platform that specializes in real-time volumetric sonar systems [1] - The company offers devices and is developing the upcoming PIPE series, along with patented augmented-reality solutions for professional divers [1] Technology and Products - CODA's product lineup includes advanced sonar systems and augmented-reality solutions designed for enhancing the capabilities of professional divers [1]

Company Overview - Coda Octopus Group, Inc. (CODA) is a multi-division underwater technology platform that specializes in real-time volumetric sonar systems [1] - The company offers devices and is developing the upcoming PIPE series, along with patented augmented-reality solutions for professional divers [1] Technology and Products - CODA's product lineup includes advanced sonar systems and augmented-reality solutions designed for enhancing the capabilities of professional divers [1]

Core Insights - DIVEVOLK has launched SeaLink, an innovative underwater smartphone data transmitter that enables real-time communication for divers at depths of up to 30 meters (approximately 100 feet) [1][4][6] - The SeaLink system will be showcased at DEMA Show 2025, highlighting its capabilities in live streaming, two-way video calls, and mobile app access [3][14] Product Features - SeaLink operates through a floating Surface Processing Unit (CPU) that captures 4G signals and transmits them via a specialized 30-meter lightweight data cable to an Underwater Communication Operation Terminal [4] - The system is designed for solo operation, featuring a Smart-Lock Retractable Wheel for easy cable management, full touchscreen access, and a modular design for easy maintenance [9][12] Industry Impact - SeaLink is expected to transform various industries by facilitating real-time data flow, enabling live broadcasts for content creators, and improving efficiency in scientific research and commercial diving [6][9] - The system can reduce inspection times in commercial diving by over 60% through live video consultations with topside engineers [6] Technical Specifications - Key specifications include a 60-hour battery life, a cable length of 30 meters that withstands a 5 kg pull force, and operational temperature range of -10°C to 50°C [12][13] - The total weight of the SeaLink system is 9.5 kg, and it comes in a suitcase size of 590mm x 390mm x 160mm [18]