Co-Diagnostics, Inc.

Co-Diagnostics, Inc.

CODX
Co-Diagnostics, Inc.US flagNASDAQ Capital Market
5.17
USD
-1.05
- -
5.77MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.03
- -
0.02
0.1
0.38
83.7
101.7
32.61
6.96
3.87
0.47
0.47
Basic EPS, GAAP
-5.48
-5.17
-19.05
-15.07
-11.09
47.69
38.09
-13.57
-36.12
-37.22
-35.25
-31.49
Free Cash Flow per Basic Share
-4.42
-3.55
-9.14
-9.9
-10.09
30.75
41.99
4.9
-23.97
-29.57
-22.43
-18.82
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-9.46
-14.63
-33.97
-44.89
-44.67
19.69
56.32
38.09
4.74
-33.07
-60.37
-58.08
Tangible Book Value per Share
-3.08
-8.03
10.54
-2.54
3.11
74.88
96.18
83.63
60.94
27.47
10.08
5.73
Basic Weighted Avg Shares
- -
- -
- -
- -
1
1
1
1
1
1
1
2
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
75
98
34
7
4
1
1
Operating Margin (%)
-19,679.79
- -
-59,567.57
-15,328.65
-2,741.61
55.93
47.06
-33.87
-626.92
-1,023.75
-5,025.53
-4,447.41
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
Net Income, GAAP
-2
-2
-7
-6
-6
42
37
-14
-35
-38
-47
-49
Effective Tax Rate (%)
- -
- -
- -
- -
- -
0.21
19.67
- -
- -
- -
- -
- -
Profit Margin (%)
-20,431.68
- -
-90,827.88
-15,714.27
-2,882
56.98
37.45
-41.61
-518.68
-961.37
-7,533.62
-6,753.69
Working Capital
-1
-3
4
-1
1
64
103
89
56
25
10
5
LT Debt
1
- -
- -
- -
- -
- -
- -
- -
2
1
1
1
Total Equity
-1
-3
4
-1
2
67
134
115
86
54
21
16
Return on Invested Capital (%)
- -
- -
- -
- -
- -
122.6
36.61
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-1,146.34
102.2
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
102.2
-30.24
-158.44
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2
2
4
Market Capitalization
12
6
3

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14
14
10
Cash, Cash Equivalents & STI
11
12
8
Accounts Receivable, Net
- -
- -
- -
Inventories
1
1
1
Total Current Liabilities
4
4
4
Payables & Accruals
3
3
3
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
324.28%
-7.44%
-61.71%
Free Cash Flow
-96.16%
-113.7%
-0.22%
Net Income, GAAP
-51.48%
5.35%
24.59%
Sales/Revenue/Turnover
- -
-48.09%
-84.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3
1
- -
4
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-9.36
-7.57
-9.54
- -
-37.22
2025
-7.05
-7
-4.66
- -
-35.25
2026
-4.06
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Dwight H. Egan
Full Time Employees
132
Sector
Healthcare
Industry
Medical - Devices
Address
2401 S. Foothill Dr. Salt Lake City UT United States of America 84109
IPO Date
Jul 12, 2017
Website
co-dx.com
Business
Co-Diagnostics, Inc. (NASDAQ: CODX) develops, manufactures, and markets molecular diagnostics technologies utilizing nucleic acid detection and analysis (DNA or RNA); its proprietary Co-Primers technology enables multiplex PCR testing with innovations in color chemistry and melting analysis for infectious diseases, genetic markers, and other applications. The company offers a portfolio of real-time PCR reagents and tests including Logix Smart COVID-19 (RUO), Logix Smart Monkeypox (RUO), Logix Smart Mpox (2-Gene) (RUO), Logix Smart SARS-CoV-2 (Genes RdRp/E) (RUO), Logix Smart ABC (RUO), STD Panel, HCV RNA Real-time PCR Kit, HIV RNA Real-time PCR Kit, Tuberculosis (TB), Zika, hepatitis B and C, Malaria, dengue, EIKON PCR, LightPCR, Liquid Biopsy Test for cancer screening, and ABC Test; it also provides the Co-Dx PCR platform comprising the Co-Dx PCR Pro instrument, diagnostic test cup system, MDx device, lab systems, point-of-care and at-home devices like Co-Dx PCR Home and Co-Dx Box, and associated mobile applications for rapid results in approximately 30 minutes. Founded in 2013 and headquartered in Salt Lake City, Utah, with an address at 2401 S Foothill Dr Suite D, the company targets healthcare providers, diagnostic labs, consumers, point-of-care facilities, food safety sectors, and international markets through operations focused on democratizing accessible, low-cost molecular testing globally. In recent developments, Co-Diagnostics established Comira Diagnostics as a joint venture with Arabian Eagle Manufacturing to localize and distribute diagnostics in Saudi Arabia and 18 additional MENA countries; formed Kocera Diagnostics as its Indian joint venture, engaging Maxim Group LLC as exclusive financial advisor to explore strategic alternatives including a potential SPAC transaction; and received an NIH RadixTech grant to advance diagnostic innovations.

Company News

APIChat
  • Co-Diagnostics and CoSara Advance Ebola PCR Test Development and Co-Dx™ PCR Point-of-Care Platform Capabilities

  • Is Co-Diagnostics National Security's Next Diagnostic Pick?

  • Co-Diagnostics Advances Ebola PCR Assay Development Strategy with Joint Venture CoSara

  • Co-Diagnostics Announces $3.0 Million Private Placement Priced At-The-Market Under Nasdaq Rules

  • Co-Diagnostics Develops Ebola Assay Strategy Following Recent Global Outbreak Alert

  • Co-Diagnostics, Inc. (CODX) Q1 2026 Earnings Call Transcript

  • Co-Diagnostics Reports First Quarter 2026 Financial Results

  • Co-Diagnostics Joint Venture CoMira Finalizes Lease Agreement for Manufacturing Facility in Saudi Arabia's Sudair Industrial City

  • Co-Diagnostics Announces First Quarter 2026 Earnings Release Date and Webcast

  • Co-Diagnostics Invited to Present at Stop TB Partnership Summit in Washington, D.C.

  • Co-Diagnostics to Showcase Co-Dx PCR Platform and CE-IVD Solutions at ESCMID 2026 in Munich, Germany

  • Co-Diagnostics Executives to Participate in European Trade Mission with Utah Governor and WTC Utah

  • Co-Diagnostics, Inc. (CODX) Q4 2025 Earnings Call Transcript

  • Co-Diagnostics Reports Full Year 2025 Financial Results

  • Co-Diagnostics Ships Diagnostic Materials to India for Initiation of Tuberculosis Clinical Studies Following Recently Issued Guidance from the World Health Organization

  • EXCLUSIVE: Co-Diagnostics Ships Diagnostic Tests To India Ahead Of TB Study Launch

  • Co-Diagnostics Signs Agreement to Significantly Expand Commercial and Distribution Territory Across South Asia

  • EXCLUSIVE: Co-Diagnostics Expands South Asia Reach, Targets $13 Billion Market Opportunity

  • Co-Diagnostics Announces Fourth Quarter and Full Year 2025 Earnings Release Date and Webcast

  • Co-Diagnostics to Present at Medical Korea 2026