Quarterly report pursuant to Section 13 or 15(d)

DISAGGREGATION OF REVENUE

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DISAGGREGATION OF REVENUE
 6 Months Ended
Apr. 30, 2024
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

    Marine     Marine        
    For the Three Months Ended April 30, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 640,943     $ 799,214     $ 1,440,157  
Europe     1,464,322       999,250       2,463,572  
Australia/Asia     1,071,295       -       1,071,295  
Middle East/Africa     348,154       -       348,154  
                         
Total Revenues   $ 3,524,714     $ 1,798,464     $ 5,323,178  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,005,128     $ 174,375     $ 2,179,503  
Equipment Rentals     699,664       -       699,664  
Software Sales     176,742       -       176,742  
Engineering Parts     -       1,426,224       1,426,224  
Services     643,180       197,865       841,045  
                         
Total Revenues   $ 3,524,714     $ 1,798,464     $ 5,323,178  
                         
Goods transferred at a point in time   $ 2,181,870     $ 174,375     $ 2,356,245  
Services transferred over time     1,342,844       1,624,089       2,966,933  
                         
Total Revenues   $ 3,524,714     $ 1,798,464     $ 5,323,178  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

    Marine     Marine        
    For the Three Months Ended April 30, 2023  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 1,754,250     $ 1,144,891     $ 2,899,141  
Europe     812,188       573,189       1,385,377  
Australia/Asia     924,251       -       924,251  
Middle East/Africa     92,740       -       92,740  
                         
Total Revenues   $ 3,583,429     $ 1,718,080     $ 5,301,509  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,500,156     $ 7,953     $ 2,508,109  
Equipment Rentals     519,427       -       519,427  
Software Sales     219,423       -       219,423  
Engineering Parts     -       1,071,906       1,071,906  
Services     344,423       638,221       982,644  
                         
Total Revenues   $ 3,583,429     $ 1,718,080     $ 5,301,509  
                         
Goods transferred at a point in time   $ 2,719,579     $ 7,953     $ 2,727,532  
Services transferred over time     863,850       1,710,127       2,573,977  
                         
Total Revenues   $ 3,583,429     $ 1,718,080     $ 5,301,509  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

                         
    For the Six Months Ended April 30, 2024  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 978,015     $ 1,254,628     $ 2,232,643  
Europe     2,408,010       1,462,261       3,870,271  
Australia/Asia     2,870,835       -       2,870,835  
Middle East/Africa     810,620       -       810,620  
                         
Total Revenues   $ 7,067,480     $ 2,716,889     $ 9,784,369  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 4,381,400     $ 347,199     $ 4,728,599  
Equipment Rentals     1,080,473       -       1,080,473  
Software Sales     402,271       -       402,271  
Engineering Parts     -       1,922,128       1,922,128  
Services     1,203,336       447,562       1,650,898  
                         
Total Revenues   $ 7,067,480     $ 2,716,889     $ 9,784,369  
                         
Goods transferred at a point in time   $ 4,783,671     $ 347,199     $ 5,130,870  
Services transferred over time     2,283,809       2,369,690       4,653,499  
                         
Total Revenues   $ 7,067,480     $ 2,716,889     $ 9,784,369  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

April 30, 2024 and October 31, 2023

 

NOTE 13 –DISAGGREGATION OF REVENUE (Continued)

 

                         
    For the Six Months Ended April 30, 2023  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                        
                         
Primary Geographical Markets                        
Americas   $ 2,240,543     $ 2,467,868     $ 4,708,411  
Europe     1,508,598       1,022,337       2,530,935  
Australia/Asia     3,356,679       -       3,356,679  
Middle East/Africa     301,768       -       301,768  
                         
Total Revenues   $ 7,407,588     $ 3,490,205     $ 10,897,793  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 5,072,716     $ 7,953     $ 5,080,669  
Equipment Rentals     785,330       -       785,330  
Software Sales     636,593       -       636,593  
Engineering Parts     -       2,220,985       2,220,985  
Services     912,949       1,261,267       2,174,216  
                         
Total Revenues   $ 7,407,588     $ 3,490,205     $ 10,897,793  
                         
Goods transferred at a point in time   $ 5,709,309     $ 7,953     $ 5,717,262  
Services transferred over time     1,698,279       3,482,252       5,180,531  
                         
Total Revenues   $ 7,407,588     $ 3,490,205     $ 10,897,793