Codan
Codan Limited specializes in designing and manufacturing high-value electronics for diverse markets including government, business, and humanitarian sectors. The company is renowned for its radio communications, metal detectors, and mining technology, positioning itself as a leader in technology hardware and equipment.
Short position
Codan (ASX:CDA) has 0.46% of its shares on issue reported as short positions as of 5 Oct 2026, or about 831,994 shares. Over the past 30 days that figure has risen 0.29 percentage points, and over 90 days it has risen 0.26 percentage points. Its highest recorded short interest was 2.77% in June 2022. CDA is classified in the Technology Hardware & Equipment industry. All figures come from official ASIC short position reports, published with a four trading-day (T+4) delay.
Price & short interest
Toggle series, zoom, and compare · ASIC daily, T+4Codan (CDA) financials
Results, ratios and statements
Latest result
Year to 30 Jun 2026 (FY26) vs FY25, figures in AUD, the reporting currency
- Revenue
- $875.0Mvs $674.2M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- NPAT
- $175.2Mvs $103.5M (FY25)
- Yahoo Finance, as at 29 Sep 2026
- EPS (diluted)
- $0.96vs $0.57 (FY25)
- Yahoo Finance, as at 29 Sep 2026
- Rev YoY
- +29.8%FY
- EPS YoY
- +68.8%TTM
Summary of Annual Report to shareholders, 17 Sep 2026
Codan reported record full-year revenue of $875.0 million (up 30%) and net profit after tax of $175.2 million (up 69%). The annual dividend increased 70% to 48.5 cents fully franked. The company noted strong growth across both Communications and Metal Detection segments, with a Communications orderbook of $380 million (up 50%), and expects continued momentum from defence and unmanned systems demand.
Automated summary of the filing; the filing itself is the record.
Key ratios
Year to 30 Jun 2026 (FY); balance sheet at 30 Jun 2026; prices to 9 Oct 2026
- Gross margin
- 59.3%
- Operating margin
- 22.5%
- Net margin
- 20.0%
- FCF margin
- 21.3%
- ROE
- 30.9%
- ROA
- 19.3%
- FCF conversion
- 1.06×
- Net cash (excl. leases)
- $35.7M
- Net debt / EBITDA
- −0.1×
- Current ratio
- 1.5×
- Interest cover
- 46.3×
- Cash dividends paid / net profit
- 36.9%
- Market cap
- $12.06B
- P/E
- 69.2×
- P/B
- 19.8×
Ratios use the reporting currency (AUD); market cap is in AUD. Source: Yahoo Finance, as at 29 Sep 2026.
Financial statements
Figures in AUD, the reporting currency; Yahoo Finance unless marked
| Line item | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Revenue | $875.0M | $674.2M | $550.5M | $456.5M |
| Gross profit | $518.6M | $378.8M | $305.2M | $249.4M |
| Operating income | $197.0M | $108.8M | $81.4M | $62.9M |
| EBITDA | $285.3M | $182.7M | $146.5M | $120.6M |
| EBIT | $240.5M | $145.0M | $113.4M | $91.8M |
| Interest expense | $4.3M | $11.1M | $8.9M | $9.1M |
| Pretax income | $236.2M | $133.9M | $104.5M | $82.6M |
| Tax | $61.1M | $30.4M | $23.2M | $14.9M |
| NPAT | $175.2M | $103.5M | $81.4M | $67.8M |
| Net interest income | −$5.6M | −$12.7M | −$10.9M | −$10.3M |
| EPS basic | $0.96 | $0.57 | $0.45 | $0.38 |
| EPS diluted | $0.96 | $0.57 | $0.45 | $0.37 |
| Shares | 181.9M | 181.6M | 181.3M | 181.2M |
Financial reports
The company's own filings, newest first
- Annual Report to shareholdersAnnual Report17 Sep 2026via asx_announcements
- Full Year Results Investor Presentation FY26Full Year Results20 Aug 2026via asx_announcements
- Full Year Statutory AccountsFull Year Results20 Aug 2026via asx_announcements
- Full Year Results Announcement FY26Full Year Results20 Aug 2026via asx_announcements
- Half Yearly Report and AccountsHalf Year Results19 Feb 2026via asx_announcements
- CDA Half Year Results AnnouncementHalf Year Results19 Feb 2026via asx_announcements
- CDA Half Year Results Investor PresentationHalf Year Results19 Feb 2026via asx_announcements
- H1 FY25 Investor PresentationFinancial Report31 Dec 2025via crawler
- FY25 Full Year ResultsFinancial Report31 Dec 2025via crawler
- Notice of Annual General MeetingAnnual Report31 Dec 2025via crawler
Showing 10 of 78 reports