| SCHEDULE OF PROFORMA INFORMATION |
SCHEDULE
OF PROFORMA INFORMATION
| |
|
Pro forma
January 31, |
|
Pro forma
January 31, |
| |
|
2025 |
|
2024 |
| Net Revenue |
|
|
|
|
|
|
|
|
| Coda Octopus Group |
|
$ |
3,897,454 |
|
|
$ |
4,461,191 |
|
| Precision Acoustics |
|
|
1,312,261 |
|
|
|
1,111,046 |
|
| Combined Net Revenue |
|
|
5,209,715 |
|
|
|
5,572,237 |
|
| Net Revenue |
|
|
5,209,715 |
|
|
|
5,572,237 |
|
| Net Income |
|
|
|
|
|
|
|
|
| Amortization of acquired intangible assets, pro forma |
|
$ |
(115,298 |
) |
|
$ |
(116,518 |
) |
| Coda Octopus Group |
|
|
472,224 |
|
|
|
629,888 |
|
| Precision Acoustics |
|
|
556,049 |
|
|
|
144,464 |
|
| Combined Net Income |
|
$ |
912,975 |
|
|
$ |
657,834 |
|
| Net Income |
|
$ |
912,975 |
|
|
$ |
657,834 |
|
|
| SCHEDULE OF POTENTIAL EARNOUT PROVISION AMOUNTS |
SCHEDULE OF POTENTIAL EARNOUT PROVISION
AMOUNTS
| Earn Out |
|
2025 FY |
|
2026 FY |
|
2027 FY |
| Revenue Target |
|
$ |
5,334,584 |
|
|
$ |
5,867,914 |
|
|
$ |
6,454,962 |
|
| Pre-Tax Profit Target |
|
$ |
1,046,476 |
|
|
$ |
1,295,597 |
|
|
$ |
1,573,133 |
|
| Earn Out Amount Payable based on Targets |
|
$ |
208,472 |
|
|
$ |
418,223 |
|
|
$ |
652,275 |
|
|