Codan Limited

Codan Limited

CODAF
Codan LimitedUS flagOther OTC
23.61
USD
- -
- -
4.29BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
0.75
0.81
0.96
1.28
1.29
1.51
1.93
2.42
2.8
2.52
3.04
3.72
- -
Basic EPS, GAAP
0.05
0.07
0.09
0.25
0.23
0.26
0.35
0.5
0.56
0.37
0.45
0.57
- -
Free Cash Flow per Basic Share
-0.04
-0.03
-0.04
-0.04
-0.03
-0.03
-0.03
-0.02
-0.04
-0.11
-0.06
-0.07
- -
Dividend per Share
0.08
0.03
0.04
0.1
0.11
0.15
0.15
0.22
0.3
0.24
0.2
0.25
- -
Book Value per Share
0.68
0.73
0.78
0.93
1.06
1.18
1.37
1.68
2.03
2.24
2.46
2.88
- -
Tangible Book Value per Share
0.18
0.22
0.29
0.44
0.57
0.69
0.89
0.42
0.65
0.73
0.79
1.01
- -
Basic Weighted Avg Shares
177
177
177
177
178
179
180
180
181
181
181
181
182
Sales/Revenue/Turnover
132
144
170
226
230
271
348
437
506
456
550
674
- -
Operating Margin (%)
1.52
4.44
12.01
21.25
16.28
17.84
22.12
27.75
22.41
13.78
14.78
16.14
- -
Depreciation Expense
9
11
5
14
17
15
21
19
25
29
33
38
- -
Net Income, GAAP
9
13
15
44
42
46
64
90
101
68
81
103
- -
Effective Tax Rate (%)
10.45
23.33
20.19
26.85
21.89
27.88
28.15
31.05
25.9
18.04
22.19
22.71
- -
Profit Margin (%)
6.95
8.69
9.14
19.25
18.08
16.86
18.33
20.67
19.9
14.85
14.79
15.35
- -
Working Capital
40
29
29
20
36
49
87
14
81
96
104
129
- -
LT Debt
60
43
27
- -
- -
- -
27
49
78
119
134
153
- -
Total Equity
120
128
139
165
188
211
247
304
368
406
447
524
- -
Return on Invested Capital (%)
1.03
2.79
9.59
20.13
15.58
17.13
22.01
25.17
20.22
10.35
11.15
13.05
- -
Return on Capital (%)
7.2
8.31
10.26
26.74
23.93
23.02
26.1
28.55
25.24
15.34
15.79
17.61
- -
Return on Common Equity (%)
7.51
10.06
11.59
28.62
23.54
22.86
27.82
32.8
30
17.51
19.08
21.32
- -

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
- -
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
550
2025
- -
- -
- -
- -
674
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.45
2025
- -
- -
- -
- -
0.57
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.2
2025
- -
- -
- -
- -
0.25
2026
- -
- -
- -
- -
- -

Company Description

CEO
Alfonso Ianniello
Full Time Employees
1,000
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
Technology Park Mawson Lakes SA Australia 5095
IPO Date
Oct 17, 2012
Business
Codan Limited (ASX: CDA; OTC: CODAF) designs, manufactures, and markets advanced electronic equipment primarily for defense, mining, and communications markets worldwide. The company offers a diverse portfolio of products and services, including high-frequency (HF) and very high frequency (VHF) radio communications systems such as the L3Harris Falcon III series and Codan NGT tactical radios; vehicle-mounted and manpack transceivers; digital voice and data modems; antenna systems; and encrypted communication solutions for military and government applications. In the detection segment, Codan provides metal detectors under the Minelab brand, including the F3 Compact, GPZ 7000, and Equinox series for gold prospecting, landmine clearance, and recreational use; tracking locator devices like the Pro-Find series; and digital subsurface imaging tools. Its technology solutions encompass software-defined radios, satellite communication systems, and ruggedized computing platforms tailored for harsh environments; the company also delivers integrated communication networks, training services, and maintenance support for remote operations in mining, humanitarian, and security sectors. Founded in 1959 and headquartered in Mawson Lakes, South Australia, Codan operates globally with key facilities in Australia, the United States, the United Kingdom, and Asia-Pacific regions, serving customers in over 100 countries including government agencies, mining companies, and NGOs. Recent developments include the 2023 acquisition of the tracking business from Minelab USA to bolster its detection portfolio, strategic partnerships with L3Harris for next-generation HF radio enhancements announced in 2024, and expansion into unmanned systems integration amid growing demand for autonomous defense technologies; in late 2025, Codan launched updated software upgrades for its Sentry-H remote monitoring systems to improve real-time asset tracking in mining operations.

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