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DISAGGREGATION OF REVENUE
 12 Months Ended
Oct. 31, 2021
Revenue from Contract with Customer [Abstract]  
DISAGGREGATION OF REVENUE

NOTE 13 – DISAGGREGATION OF REVENUE

 

   For the Year Ended October 31, 2021 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $3,434,552   $2,188,812    5,623,364 
Europe   5,623,227    3,338,493    8,961,720 
Australia/Asia   5,867,710    -    5,867,710 
Middle East/Africa   878,733    -    878,733 
                
Total Revenues   15,804,222    5,527,305    21,331,527 
                
Major Goods/Service Lines               
Equipment Sales  $10,914,124   $1,421,614    12,335,738 
Equipment Rentals   2,324,773    -    2,324,773 
Software Sales   669,968    -    669,968 
Engineering Parts   -    3,239,866    3,239,866 
Services   1,895,357    865,825    2,761,182 
                
Total Revenues   15,804,222    5,527,305    21,331,527 
                
Goods transferred at a point in time  $11,588,099   $1,421,614    13,009,713 
Services transferred over time   4,216,123    4,105,691    8,321,814 
                
Total Revenues   15,804,222    5,527,305    21,331,527 

 

 

CODA OCTOPUS GROUP, INC.

Notes to the Consolidated Financial Statements

October 31, 2021 and 2020

 

NOTE 13 - DISAGGREGATION OF REVENUE (Continued)

 

   For the Year Ended October 31, 2020 
   Marine   Marine     
   Technology   Engineering   Grand 
   Business   Business   Total 
Disaggregation of Total Net Sales               
Revenues               
Primary Geographical Markets               
Americas  $3,001,860   $5,776,674   $8,778,534 
Europe   1,880,458    2,988,955    4,869,413 
Australia/Asia   6,255,510    -    6,255,510 
Middle East/Africa   140,353    -    140,353 
                
Total Revenues  $11,278,181   $8,765,629   $20,043,810 
                
Major Goods/Service Lines               
Equipment Sales  $7,183,580   $230,060   $7,413,640 
Equipment Rentals   1,361,151    -    1,361,151 
Software Sales   453,638    -    453,638 
Engineering Parts   -    7,299,879    7,299,879 
Services   2,279,812    1,235,690    3,515,502 
                
Total Revenues  $11,278,181   $8,765,629   $20,043,810 
                
Goods transferred at a point in time  $7,484,414   $160,537   $7,644,951 
Services transferred over time   3,793,767    8,605,092    12,398,859 
                
Total Revenues  $11,278,181   $8,765,629   $20,043,810