Quarterly report pursuant to Section 13 or 15(d)

DISAGGREGATION OF REVENUE

v3.22.2.2
DISAGGREGATION OF REVENUE
9 Months Ended
Jul. 31, 2022
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 15 –DISAGGREGATION OF REVENUE

 

    For the Three Months Ended July 31, 2022  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                  
                   
Primary Geographical Markets                        
Americas   $ 1,626,657     $ 1,468,483     $ 3,095,140  
Europe     278,973       794,369       1,073,342  
Australia/Asia     1,435,637       -       1,435,637  
Middle East/Africa     663,290       -       663,290  
                         
Total Revenues   $ 4,004,557     $ 2,262,852     $ 6,267,409  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,928,019     $ 451,416     $ 3,379,435  
Equipment Rentals     380,984       -       380,984  
Software Sales     252,204       -       252,204  
Engineering Parts     -       999,228       999,228  
Services     443,350       812,208       1,255,558  
                         
Total Revenues   $ 4,004,557     $ 2,262,852     $ 6,267,409  
                         
Goods transferred at a point in time   $ 3,180,223     $ 451,416     $ 3,631,639  
Services transferred over time     824,334       1,811,436       2,635,770  
                         
Total Revenues   $ 4,004,557     $ 2,262,852     $ 6,267,409  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

    For the Three Months Ended July 31, 2021  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                  
                   
Primary Geographical Markets                        
Americas   $ 962,043     $ 589,560     $ 1,551,603  
Europe     1,649,281       1,392,764       3,042,045  
Australia/Asia     971,563       -       971,563  
Middle East/Africa     262,164       -       262,164  
                         
Total Revenues   $ 3,845,051     $ 1,982,324     $ 5,827,375  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 2,151,520     $ 782,255     $ 2,933,775  
Equipment Rentals     713,389       -       713,389  
Software Sales     153,150       -       153,150  
Engineering Parts     -       1,093,176       1,093,176  
Services     826,992       106,893       933,885  
                         
Total Revenues   $ 3,845,051     $ 1,982,324     $ 5,827,375  
                         
Goods transferred at a point in time   $ 2,298,962     $ 670,255     $ 2,969,217  
Services transferred over time     1,546,089       1,312,069       2,858,158  
                         
Total Revenues   $ 3,845,051     $ 1,982,324     $ 5,827,375  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

    For the Nine Months Ended July 31, 2022  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                  
                   
Primary Geographical Markets                        
Americas   $ 4,109,260     $ 3,251,009     $ 7,360,269  
Europe     991,323       2,520,132       3,511,455  
Australia/Asia     4,477,178       -       4,477,178  
Middle East/Africa     1,741,553       -       1,741,553  
                         
Total Revenues   $ 11,319,314     $ 5,771,141     $ 17,090,455  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 6,945,001     $ 1,431,414     $ 8,376,415  
Equipment Rentals     1,726,760       -       1,726,760  
Software Sales     691,422       -       691,422  
Engineering Parts     -       2,918,181       2,918,181  
Services     1,956,131       1,421,546       3,377,677  
                         
Total Revenues   $ 11,319,314     $ 5,771,141     $ 17,090,455  
                         
Goods transferred at a point in time   $ 7,618,774     $ 1,431,416     $ 9,050,190  
Services transferred over time     3,700,540       4,339,725       8,040,265  
                         
Total Revenues   $ 11,319,314     $ 5,771,141     $ 17,090,455  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2022, and October 31, 2021

 

NOTE 15 –DISAGGREGATION OF REVENUE (Continued)

 

    For the Nine Months Ended July 31, 2021  
    Marine     Marine        
    Technology     Engineering     Grand  
    Business     Business     Total  
Disaggregation of Total Net Sales                  
                   
Primary Geographical Markets                        
Americas   $ 2,425,850     $ 1,703,464     $ 4,129,314  
Europe     4,440,036       2,769,707       7,209,743  
Australia/Asia     4,466,796       -       4,466,796  
Middle East/Africa     445,057       -       445,057  
                         
Total Revenues   $ 11,777,739     $ 4,473,171     $ 16,250,910  
                         
Major Goods/Service Lines                        
Equipment Sales   $ 8,035,469     $ 1,096,718     $ 9,132,187  
Equipment Rentals     1,645,942       -       1,645,942  
Software Sales     599,425       -       599,425  
Engineering Parts     -       2,727,892       2,941,848  
Services     1,496,903       648,561       1,931,508  
                         
Total Revenues   $ 11,777,739     $ 4,473,171     $ 16,250,910  
                         
Goods transferred at a point in time   $ 8,666,514     $ 984,717     $ 9,651,231  
Services transferred over time     3,111,225       3,488,454       6,599,679  
                         
Total Revenues   $ 11,777,739     $ 4,473,171     $ 16,250,910  

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

July 31, 2022, and October 31, 2021