Coda Octopus Group, Inc. · NASDAQ:CODA
Coda Octopus — Investor Presentation (September 2026)
65 slides from Coda Octopus's investor presentation, Sep 15, 2026
Slide 1: Coda Octopus Group, Inc. Corporate Presentation
Coda Octopus Group, INC. World Leader in Sound Underwater Technology Corporate Presentation September 15, 2026 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements inclu
Slide 3: CEO Vision Statement
CEO Vision Statement “Building a global leader in underwater and defense technology – driven by innovation, a new underwater operating paradigm, and disciplined growth. We are scaling our disruptive platforms (Echoscope PIPE®. Echoscope PIPE NANO Gen Series®, DAVD and Voice HUB_4) and pursuing targe
Slide 4: Investors Overview
Investors ‘ Overview y
Slide 5: Overview
Overview Underwater Technology Solutions Business Market leader in underwater imaging sonar technology. We have the world’s only 4D, 5D and 6D sonar capability. This is the only sonar • Established business with strong pedigree in introducing generating up to 40 million 3D data points with disruptiv
Slide 6: New to the Group
New to the Group • Precision Acoustics Limited (“PAL”) was formed in 1990 and is recognized leader in the ultrasound and acoustics Precision Acoustics Business measurement field. PAL specializes in acoustic hydrophone design and innovative acoustic materials. Leading Designer and Innovator of acoust
Slide 7: Strong Culture of IP Security
Strong Culture of IP Security Underwater solutions (Imaging and Diving) Hardware Software • Real-Time • Moving and 3D/4D/5D/6D Sonar Mosaicked Images • Echoscope® technology covered by several patents, some of these • Motion IMU • Moving 3D Models covering combined software and hardware capabilities
Slide 8: Global Market Revenue Split
Global Market Revenue Split Growth Sector Defense (Moving Business from a single sale model to multiple repeat sale): • New Generation of Underwater Vehicles driving demand for smart sensors (Echoscope PIPE ®) • New Generation of Diving Technology poised to change diving operations globally ( DAVD)
Slide 9: Annual Financial Snapshot
Annual Financial Snapshot (* Years to FY 2024 Excludes Precision Acoustics) Annual FY 2021* FY 2022* FY 2023* FY 2024* FY 2025 Revenues $21,331,527 $22,225,803 $19,352,088 $20,316,161 $26,563,126 Net Income $4,947,765 $4,301,221 $3,124,149 $3,645,996 $4,129,930 EBITDA $6,196,972 $5,879,609 $3,440,69
Slide 10: TQ 2026 versus TQ 2025 Financial Snapshot
TQ 2026 versus TQ 2025 Financial Snapshot TQ 2026 versus TQ 2025 TQ 2026 TQ 2025 Revenues $7,717,469 $7,064,795 Net Income $1,389,612 $1,282,985 EBITDA $2,401,359 $2,066,892 Earnings per share (Basic) $0.12 $0.11 10
Slide 11: 2026 by Quarter and YTD
2026 by Quarter and YTD 2026 by Quarter FQ 2026 SQ 2026 TQ 2026 YTD 2026 and YTD Revenues $6,710,112 $6,904,012 $7,717,469 $21,331,593 Net Income $930,723 $1,697,810 $1,389,612 $4,018,145 EBITDA $1,724,935 $2,655,237 $2,401,359 $6,781,531 Earnings per share $0.08 $0.15 $0.12 $0.36* (Basic) * Due to
Slide 12: 2025 by Quarter and YTD (for comparison)
2025 by Quarter and YTD (for comparison) 2025 by Quarter FQ 2025 SQ 2025 TQ 2025 YTD 2025 and YTD Revenues $5,209,715 $7,017,459 $7,064,795 $19,291,969 Net Income $912,975 $908,762 $1,282,985 $3,104,722 EBITDA $1,462,436 $1,746,871 $2,066,892 $5,276,199 Earnings per share $0.08 $0.08 $0.11 $0.28 * (
Slide 13: Marine Technology Business
Marine Technology Business 13
Slide 14: Marine Technology Business
Product Design & 24/7 Support and Manufacturing 24/7 3D Field Experts Marine Technology Business (Underwater Technology Business) Research Development Software Application And Innovation and Custom Development 14
Slide 15: Snapshot of Customers
Snapshot of Customers Marine Products Business DEME Group Penta Ocean Military & Defense End User Customers Service Providers Including 40 US Ports & Enforcement Bodies 15
Slide 16: Nano Sized. Maximum Impact
Remote Operated Vehicles NANO SIZED. MAXIMUM IMPACT Echoscope PIPE NANO Gen Series ® is our AI-ready, ultra- compact family of real-time 3D volumetric imaging and perception sonars — purpose-built for the next generation of underwater vehicles, diver-wearable systems, and robotic platforms. Equipped
Slide 17: Echoscope PIPE
Visualization & Mapping for Widest Range of Applications Echoscope PIPE® Family of Volumetric Sonars Seeing & Measuring in Real-Time 3D in Zero Visibility Conditions Underwater Echoscope PIPE® Echoscope PIPE® Echoscope PIPE® C500 Compact edition Double or Triple Double or Triple Frequency Frequency
Slide 18: Echoscope Family of Volumetric Sonars
Echoscope® Family of Volumetric Sonars Continuation of Echoscope® Series Echoscope 4G® NEW Echoscope PIPE® Hardware (Form Factor Revision) New Innovative Processing Engine: Parallel Intelligent Processing Engine (“PIPE”) Processing Engine Multiple Real Time 3D Images Third Generation Processing Engi
Slide 19: 3D Product Line
3D Product Line Competing Technology is No Comparison Pelican Island Causeway, Galveston TX 3D Multibeam Produces static map after hours or days of processing NO Real-Time image 2D Scanning Sonar Produces static map after hours or days of processing NO Real-Time image 2D Imaging Sonar Produces 2D re
Slide 20: Commercial Marine Applications
Commercial Marine Applications Marine Technology Business Echoscope PIPE® - A Single Sensor for Multiple-Undersea Applications (A Unique Capability - Consolidating Sensor Requirements ) Dive Inspection Channel Subsea Completions & Port Construction Complex Survey Renewables Support Clearance Interve
Slide 21: Our Real-Time 3D Technology
Our Real-Time 3D Technology Sample Echoscope® Project ROI Snapshots 200 Blocks placed per 76 Sleepers placed 0 Visibility $1M >100% Productivity rates day In cost savings per day Conditions Van Oord ZADCO UTEC DEME Port Construction Project Sleeper Placement Oilfield Development Rock Dumping Technip
Slide 22: 3D Product Line – Marine Technology Business
3D Product Line – Marine Technology Business Delivering on Everyday Challenges Subsea Complex Asset Placement – Alaska Monopod Installation Oilfield Disaster Recovery • Four Echoscope® sonars used to provide real-time visualization of landing site and control stabilization for crane operators • Soft
Slide 23: 3D Product Line – Marine Technology Business
3D Product Line – Marine Technology Business Delivering on Everyday Challenges Subsea Mineral Mining – Diamonds – De Beers Marine Construction - Breakwaters • Echoscope® is the No. 1 preferred solution for subsea placement. Block Manufacturers recommend the Echoscope as the best solution for placeme
Slide 24: Defense Applications - Strategic Market
Defense Applications - Strategic Market Real-Time 3D Decision Making Real-Time Hazards Complex Structure Target ID Condition Survey and Salvage 24
Slide 25: Real-Time 3D Imaging in Defense Applications
Real-Time 3D Imaging in Defense Applications Strategic Development and Partnerships Momentum has grown significantly within the U.S. Navy community for CODA’s industry- leading, real-time imaging technology solutions. The following groups are actively funding development, trials or purchases of Coda
Slide 26: About DAVD (Growth Pillar of Company)
About DAVD (Growth Pillar of Company) Marine Technology Business 26
Slide 27: Summary of Growth Accelerators
Summary of Growth Accelerators What is DAVD? • DAVD is a complete Diver Video, Media and Communication system • Diver uses transparent Augmented Reality (AR) display system • Connects the Diver and the Supervisor coherently (similar to a virtual Zoom or TEAMS Meeting) • DAVD, for the first time in d
Slide 28: Summary of Growth Accelerators
Summary of Growth Accelerators Who uses DAVD? • The DAVD system is fully compatible with all standard diving helmets full-face masks • DAVD focus is all diver markets excluding the leisure scuba market • DAVD addresses all high importance key challenges and problems in diving Search & Rescue Commerc
Slide 29: Summary of Growth Accelerators
Summary of Growth Accelerators Why DAVD revolutionizes diving? PROBLEM - Diving Challenges Diving is regularly conducted in low to zero visibility environments in which standard visual displays, cameras and gauges are ineffective. Even in somewhat visible environments, situational awareness, navigat
Slide 30: Summary of Growth Accelerators
Summary of Growth Accelerators Current (Commercial) Diving Systems In current surface supplied diving, the DIVER only shares analog voice comms with the TOPSIDE. The TOPSIDE must also manage several independent systems for Video, Communications and Positioning. TOPSIDE Dive Supervisor Surface Contro
Slide 31: Summary of Growth Accelerators
Summary of Growth Accelerators New Generation DAVD Diving System: What have we changed? In addition to the revolutionary DAVD system features that are unique to this system, the DAVD system provides a fully integrated singular system for TOPSIDE Control and a fully connected Head Up Display system f
Slide 32: What is Management Trying to do?
What is Management Trying to do? GROW GROW GROW Underwater Imaging Sonars Diving DAVD Diving Digital Communications Grow our Market Share for Secure Market Adoption outside of Imaging Sonars. First Movers Advantage – the US Navy of the DAVD. transforming market from Analog Focus on Defense Underwate
Slide 33: 5 Years Performance Metrics Look Back
5 Years Performance Metrics Look Back We have had an outstanding track record of performance (2021-2024 excludes Precision Acoustics): (Products Business) (Engineering) (Acoustics) 50.0% 58.6% Less $20M $22M $5.5M Than 1% 77.8% Cumulative CASH AVERAGE New issue SHARE GROSS PROFIT $5.3M NET INCOME Ge
Slide 34: 5 Years Performance Operational Look Back
5 Years Performance Operational Look Back • Extended Patent Portfolio for Echoscope PIPE®, a Growth Pillar • Key Growth Pillars Investment and Development completed: New Diver New Augmented Digital Audio Business Generation Vision Display Communication Development & of Echoscope System System Sales
Slide 35: Key Growth Markets
Key Growth Markets Verticals into which we sell and their significance Underwater Imaging Sensors Diving Digital Communications Offshore Renewables Underwater Vehicles Diving Chamber Medical Decompression Oil & Gas Construction Surface Supplied Saturation Diving 25% 20% 20% 35% Diving DAVD Diving Di
Slide 36: Value Drivers: Echoscope
Value Drivers Echoscope® • First mover in innovating and • DAVD is a key technology and is set to commercializing real-time 3D change the way diving operations are sonar technology for the performed globally ( real time subsea market. information platform for diving). • No other commercially • Stron
Slide 37: Value Drivers: DAVD
Value Drivers DAVD • First mover in innovating and • DAVD is a key technology and is set to commercializing real-time 3D change the way diving operations are sonar technology for the performed globally ( real time subsea market. information platform for diving). • No other commercially • Strong Pate
Slide 38: Defense Technology Business
Defense Technology Business 38
Slide 39: Engineering Business
Thermite® Octal Mission Critical Rugged Embedded Integrated Systems Computing Solutions Software Engineering Systems Engineering E ngi neer ing Bus iness Electronic Design Manufacturing & Prototyping Advanced Obsolescence Management Signal Processing of Legacy Defense Products 39
Slide 40: Key Markets
Key Markets Coda Octopus Engineering – Engineering Business Trusted U.S. DoD Subcontractor – participating in several programs of record 40
Slide 41: Growth Catalysts Thermite Embedded Computing Solutions
Growth Catalysts Coda Octopus Engineering – Engineering Business • Obsolescence management: Defense requirements for extended system/program life offer significant sustainment opportunity • Engineering services to re-design/upgrade • Production opportunity through program life • Ruggedized Embedded
Slide 42: Thermite Embedded Computing Solutions
Thermite® Embedded Computing Solutions Applications Opportunities Mission Computer/Platform Control Shipboard Control Systems Thermite® Octal Ground/Airborne Data Capture & Signal/Sensor Processing Analysis Next-Generation Unmanned Aerial Artificial Intelligence at the Tactical Edge Vehicles Augment
Slide 43: Martech
Product Design Subsea and and Manufacturing Harsh Environment Design Software Engineering Mechanical Engineering Martech a Coda Octopus Company Complete Product E ngi neer ing Busi ness Lifecycle Electronic Design Development Obsolescence Management Test, Instrumentation of Legacy Defense and Contro
Slide 44: Martech Customers
Customers Coda Octopus Martech – Engineering Business Martech Located in Portland, Dorset, UK. Martech follows the same model as Coda Octopus Engineering. 44
Slide 45: Acoustic Sensors & Materials Business
Acoustic Sensors & Materials Business 45
Slide 46: Acoustics Sensor and Materials Business
Acoustic Pressure and Intensity Custom Sensor development Characterization Transducer Optimisation Acoustic Performance Modelling PVDF Array Technology Acoustic Output Measurements Fibre-optic and Piezo-polymer Acoustic Power Measurements hydrophones Piezo-polymer (PVDF), piezo-ceramic and 1-3 piezo
Slide 47: A global leader in ultrasonic and underwater acoustic technology
A global leader in ultrasonic and underwater acoustic technology Coda Octopus Precision Acoustics – Ultrasonic and Underwater Acoustic Technology Business Ultrasound Development and Acoustic services Acoustic pressure and Intensity Characterization Acoustic performance modelling Acoustic output meas
Slide 48: Worldwide Sales Markets We Serve
Worldwide Sales Precision Acoustics – Ultrasonic and Underwater Acoustic Technology Business Sales by regions Asia UK South America North America Rest of Europe Middle East Israel India Markets We Serve Medical Marine Aeronautical Academia 48
Slide 49: Transducer Design and Manufacture
Transducer Design and Manufacture Needle Hydrophones Piezo Polymer Fibre-optic Transducers hydrophones Piezo-ceramic Transducers HIFU Transducers PVDF Arrays 49
Slide 50: Materials Calibration
Materials Calibration High Speed NDT system Scanning Tanks Absorbers Radiation Force Balances Transducer Field Characterization system Backings Encapsulants Field mapping Simulations and Modelling Materials Characterisation 50 Syntactic Foams Materials Testing
Slide 51: Operations
Operations Group Headquarters and Marine Technology Business Coda Octopus Group, INC. ◼ Orlando, FL Con tecnología de Bing © Australian Bureau of Statis tics, Ge oNames, G rab grab.com, M icros oft, N avinfo, Open Places, OpenStreetMap, TomTom, Zenrin 51
Slide 52: Operations
Operations Marine Technology Business Coda Octopus Group, INC. ◼ Edinburgh, UK ◼ Copenhagen, Denmark ◼ Orlando, FL ◼ Brisbane, Australia Con tecnología de Bing © Australian Bureau of Statis tics, Ge oNames, G rab grab.com, M icros oft, N avinfo, Open Places, OpenStreetMap, TomTom, Zenrin 52
Slide 53: Operations
Operations Defense Products & Engineering Business Coda Octopus Group, INC. ◼ Portland, UK ◼ Salt Lake City, Utah MARTECH Coda Octopus Engineering Con tecnología de Bing © Australian Bureau of Statis tics, Ge oNames, G rab grab.com, M icros oft, N avinfo, Open Places, OpenStreetMap, TomTom, Zenrin 5
Slide 54: Operations
Operations Ultrasonic and Underwater Acoustic Technology Business Coda Octopus Group, INC. ◼ Dorset, UK PRECISION ACOUSTICS Con tecnología de Bing © Australian Bureau of Statis tics, Ge oNames, G rab grab.com, M icros oft, N avinfo, Open Places, OpenStreetMap, TomTom, Zenrin 54
Slide 55: Management: Annmarie Gayle
Coda Octopus Group Management Annmarie Gayle, LL.B, LLM (Qualified to practise law in England & Wales – Practise Area Corporate Law) - Chair and Chief Executive Officer Copenhagen, Denmark Annmarie Gayle has served as our Chief Executive Officer and as a member of our Board of Directors since 2011,
Slide 56: Management: Mark Kelly
Coda Octopus Group Management Mark Kelly - Chief Financial Officer UK, Edinburgh Mark Kelly was appointed Chief Financial Officer effective August 3, 2026. Prior to joining the Company, Mr. Kelly served as Finance Director at Medac Pharma, a UK-based pharmaceutical sales company, from 2024 to 2025.
Slide 57: Board of Directors: Michael Hamilton
Coda Octopus Group Board of Directors Michael Hamilton – Non-Executive Director U.S Michael Hamilton served as Chairman of our Board from June 2010 to March 2017 and currently serves as an independent director. Since 2014, he has provided accounting and valuation services to a diverse group of clien
Slide 58: Board of Directors: Robert Harcourt
Coda Octopus Group Board of Directors Mr. Robert Harcourt - Non-Executive Director U.S Robert R. Harcourt was elected as a director in June 2023. Since 2018, he has been affiliated with Analysis Group and Cornerstone Research, where he has provided consulting services to attorneys as a financial acc
Slide 59: Board of Directors: Gwenael Rouy-Poirier
Coda Octopus Group Board of Directors Gwenael Rouy-Poirier – Non-Executive Director Switzerland Gwenaël Rouy-Poirier was elected as a director in April 2024. He was recently appointed Chief Financial Officer of WISeSat Corp., a firm developing secure satellite infrastructure and related space-based
Slide 60: Board of Directors: Blair Cunningham
Coda Octopus Group Board of Directors Blair Cunningham - Director & President of Technology Orlando, U.S Blair Cunningham has been with the Company since July 2004 and has held a number of senior roles, including his current position as President of Technology and divisional CEO of Coda Octopus Prod
Slide 61: Board of Directors: Stephen Hemedes
Coda Octopus Group Board of Directors Stephen Hemedes - Non-Executive Director U.S Stephen Hemedes has been a Partner and Senior Managing Director at T.R. Winston & Company, LLC, a boutique investment banking firm, since April 2026. Prior thereto, he served as Vice President of Corporate Finance at
Slide 62: Board of Directors: Tal Goldhamer
Coda Octopus Group Board of Directors Tal Goldhamer- Non-Executive Director U.S Tal Goldhamer is the founder and Chief Executive Officer of Find the Tailwind, LLC, a consulting firm specializing in artificial intelligence adoption, enterprise transformation, leadership development, and workforce str
Slide 63: Board of Directors: Annmarie Gayle
Coda Octopus Group Board of Directors Annmarie Gayle, LL.B, LLM - Chief Executive Officer and Chairman Copenhagen, Denmark Ms. Gayle was appointed Chairman of the Board in March 2017, and previously served as Director since 2011. She has been our CEO since 2011 and also serves as Managing Director o
Slide 64: Board of Directors: Blair Cunningham
Coda Octopus Group Board of Directors Blair Cunningham - Director & President of Technology Orlando, U.S Mr. Cunningham was appointed to the Board of Directors at the Company’s Annual Meeting of Stockholders held on September 10, 2025. He has been with the Company since July 2004 and serves as our D
Slide 65: Coda Octopus Group, Inc.
Coda Octopus Group, INC. World Leader in Sound Underwater Technology NASDAQ:CODA www.codaoctopusgroup.com Investor Relations: Corporate Presentation coda.ir@codaoctopusgroup.com September 15, 2026 65
Coda Octopus Group — Investor Presentation (September 2026) on 6ix