Coda Octopus Group, Inc. Earnings Per Share Disclosure
| Fiscal Period | 2025 | 2024 | ||||||
| Numerator: | ||||||||
| Net Income | $ | 4,129,930 | $ | 3,645,996 | ||||
| Denominator: | ||||||||
| Basic weighted average common shares outstanding | 11,232,440 | 11,166,956 | ||||||
| Unexercised portion of options and restricted stock awards | 20,227 | 123,371 | ||||||
| Diluted outstanding shares | 11,252,667 | 11,290,327 | ||||||
| Net income per share | ||||||||
| Basic | $ | 0.37 | $ | 0.33 | ||||
| Diluted | $ | 0.37 | $ | 0.32 | ||||
CODA OCTOPUS GROUP, INC.
Notes to the Consolidated Financial Statements
October 31, 2025 and 2024
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jan 29, 2026 | Showing above |
| 2024 | Jan 29, 2025 | |
| 2023 | Jan 29, 2024 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.