Codan Limited
CODAF · OTC
6/30/2025 | 12/31/2024 | 6/30/2024 | 12/31/2023 | |
|---|---|---|---|---|
| Revenue | $368,607 | $305,619 | $284,541 | $265,918 |
| % Growth | 20.6% | 7.4% | 7% | – |
| Cost of Goods Sold | $162,267 | $133,204 | $125,421 | $137,892 |
| Gross Profit | $206,340 | $172,415 | $159,120 | $128,026 |
| % Margin | 56% | 56.4% | 55.9% | 48.1% |
| R&D Expenses | $41,682 | $19,057 | $36,443 | $18,079 |
| G&A Expenses | $33,911 | $27,729 | $25,273 | $22,849 |
| SG&A Expenses | $105,498 | $87,191 | $81,157 | $73,645 |
| Sales & Mktg Exp. | $71,587 | $59,462 | $55,884 | $50,796 |
| Other Operating Expenses | $0 | $0 | $0 | -$18,079 |
| Operating Expenses | $147,180 | $106,248 | $117,600 | $73,645 |
| Operating Income | $59,160 | $66,167 | $41,520 | $54,381 |
| % Margin | 16% | 21.7% | 14.6% | 20.5% |
| Other Income/Exp. Net | $14,385 | -$5,814 | $13,132 | -$4,544 |
| Pre-Tax Income | $73,545 | $60,353 | $54,652 | $49,837 |
| Tax Expense | $16,115 | $14,290 | $11,448 | $11,743 |
| Net Income | $57,449 | $46,044 | $43,348 | $38,039 |
| % Margin | 15.6% | 15.1% | 15.2% | 14.3% |
| EPS | 0.32 | 0.25 | 0.24 | 0.21 |
| % Growth | 28% | 4.2% | 14.3% | – |
| EPS Diluted | 0.31 | 0.25 | 0.24 | 0.21 |
| Weighted Avg Shares Out | 182,426 | 181,992 | 181,349 | 181,316 |
| Weighted Avg Shares Out Dil | 182,477 | 181,992 | 181,629 | 182,005 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $90 |
| Interest Expense | $6,617 | $5,457 | $4,762 | $4,675 |
| Depreciation & Amortization | $5,043 | $4,034 | $4,034 | $1,732 |
| EBITDA | $85,462 | $70,180 | $64,284 | $28,828 |
| % Margin | 23.2% | 23% | 22.6% | 10.8% |