That's why I have now added Coda Octopus to my watchlist!
New products are expected to accelerate growth in the future.
With high-resolution real-time 3D visualization, it is regarded as a key player for autonomous underwater and defense applications.
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Coda Octopus offers proprietary 4D sonar and DAVD technologies, positioning itself as a key player for autonomous underwater and defense applications. With a market capitalization of only 120 million USD, it is considered a micro-cap. The EchoScope and DAVD platforms from Coda, protected by over 70 patents, are expected to drive strong margin growth. In Q3, revenue grew by 29.1% to 7.1 million USD. I believe we will see revenue acceleration in the coming quarters as new products gain traction. In September, a high-resolution real-time 3D sonar...
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