co-diagnostics - CODX

CODX

Close Chg Chg %
0.32 -0.01 -3.25%

Closed Market

0.31

-0.01 (3.25%)

Volume: 166.48K

Last Updated:

Mar 31, 2025, 4:00 PM EDT

Company Overview: co-diagnostics - CODX

CODX Key Data

Open

$0.31

Day Range

0.30 - 0.33

52 Week Range

0.28 - 2.23

Market Cap

$10.22M

Shares Outstanding

31.93M

Public Float

29.46M

Beta

1.30

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$1.22

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

266.10K

 

CODX Performance

1 Week
 
-3.25%
 
1 Month
 
-37.45%
 
3 Months
 
-58.72%
 
1 Year
 
-72.36%
 
5 Years
 
-96.22%
 

CODX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 1
Full Ratings ➔

About co-diagnostics - CODX

Co-Diagnostics, Inc. engages in the development and innovation of molecular tools for detection of infectious diseases, liquid biopsy for cancer screening, and agricultural applications. Its diagnostics systems enable very rapid, low-cost, molecular testing for organisms and genetic diseases by automating historically complex procedures in both the development and administration of tests. The company was founded by Brent C. Satterfield and Dwight Howard Egan on April 18, 2013 and is headquartered in Salt Lake City, UT.

CODX At a Glance

Co-Diagnostics, Inc.
2401 South Foothill Drive
Salt Lake City, Utah 84109
Phone 1-801-438-1036 Revenue 770.05K
Industry Biotechnology Net Income -37,639,008.00
Sector Health Technology Employees 132
Fiscal Year-end 12 / 2025
View SEC Filings

CODX Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 29.546
Price to Book Ratio 0.456
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA 0.116
Enterprise Value to Sales -6.29
Total Debt to Enterprise Value -0.444

CODX Efficiency

Revenue/Employee 5,833.697
Income Per Employee -285,144.00
Receivables Turnover 5.809
Total Asset Turnover 0.009

CODX Liquidity

Current Ratio 4.414
Quick Ratio 4.267
Cash Ratio 4.066

CODX Profitability

Gross Margin -208.603
Operating Margin -5,613.471
Pretax Margin -4,880.428
Net Margin -4,887.878
Return on Assets -43.055
Return on Equity -53.645
Return on Total Capital -66.66
Return on Invested Capital -52.38

CODX Capital Structure

Total Debt to Total Equity 3.963
Total Debt to Total Capital 3.812
Total Debt to Total Assets 3.023
Long-Term Debt to Equity 2.277
Long-Term Debt to Total Capital 2.19
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Co-diagnostics - CODX

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
97.89M 34.22M 991.47K 770.05K
Sales Growth
+31.30% -65.04% -97.10% -22.33%
Cost of Goods Sold (COGS) incl D&A
11.91M 6.76M 5.42M 2.38M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
335.36K 1.31M 1.23M 1.38M
Depreciation
- - 335.36K 1.31M
-
Amortization of Intangibles
- - - -
-
COGS Growth
-28.81% -43.21% -19.94% -56.12%
Gross Income
85.98M 27.45M (4.42M) (1.61M)
Gross Income Growth
+48.69% -68.07% -116.11% +63.69%
Gross Profit Margin
+87.83% +80.23% -446.20% -208.60%
2021 2022 2023 2024 5-year trend
SG&A Expense
39.76M 39.05M 44.10M 41.62M
Research & Development
14.96M 17.44M 22.96M 20.98M
Other SG&A
24.80M 21.61M 21.14M 20.64M
SGA Growth
+146.51% -1.79% +12.95% -5.63%
Other Operating Expense
- - - -
-
Unusual Expense
- - 151.00K 7.49M
-
EBIT after Unusual Expense
46.06M (19.08M) (48.53M) (43.23M)
Non Operating Income/Expense
(429.16K) 232.96K 10.42M 5.64M
Non-Operating Interest Income
45.63K 704.04K 1.16M 1.09M
Equity in Earnings of Affiliates
(430.43K) (332.97K) 100.70K (186.07K)
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
45.64M (18.85M) (38.11M) (37.58M)
Pretax Income Growth
+7.20% -141.30% -102.21% +1.39%
Pretax Margin
+46.62% -55.08% -3,843.83% -4,880.43%
Income Tax
8.98M (4.61M) (2.78M) 57.37K
Income Tax - Current - Domestic
6.98M 297.57K 6.52M 8.06M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
2.00M (4.91M) (9.30M) (8.00M)
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
(430.43K) (332.97K) 100.70K (186.07K)
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
36.66M (14.24M) (35.33M) (37.64M)
Minority Interest Expense
- - - -
-
Net Income
36.66M (14.24M) (35.33M) (37.64M)
Net Income Growth
-13.70% -138.84% -148.15% -6.53%
Net Margin Growth
+37.45% -41.61% -3,563.67% -4,887.88%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
36.66M (14.24M) (35.33M) (37.64M)
Preferred Dividends
- - - -
-
Net Income Available to Common
36.66M (14.24M) (35.33M) (37.64M)
EPS (Basic)
1.2696 -0.4523 -1.204 -1.2408
EPS (Basic) Growth
-20.14% -135.63% -166.20% -3.06%
Basic Shares Outstanding
28.87M 31.48M 29.35M 30.34M
EPS (Diluted)
1.2259 -0.4523 -1.204 -1.2408
EPS (Diluted) Growth
-19.19% -136.90% -166.20% -3.06%
Diluted Shares Outstanding
29.90M 31.48M 29.35M 30.34M
EBITDA
46.55M (10.28M) (47.30M) (41.85M)
EBITDA Growth
+11.28% -122.08% -360.16% +11.52%
EBITDA Margin
+47.56% -30.04% -4,770.31% -5,434.62%

Snapshot

Average Recommendation HOLD Average Target Price 1.50
Number of Ratings 1 Current Quarters Estimate -0.33
FY Report Date 06 / 2025 Current Year's Estimate -0.91
Last Quarter’s Earnings -0.33 Median PE on CY Estimate N/A
Year Ago Earnings -1.24 Next Fiscal Year Estimate N/A
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 1 1 1 N/A
Mean Estimate -0.33 -0.21 -0.91 N/A
High Estimates -0.33 -0.21 -0.91 N/A
Low Estimate -0.33 -0.21 -0.91 N/A
Coefficient of Variance N/A N/A N/A N/A

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 1 1 1
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Hold Hold Hold

Insider Actions for Co-diagnostics - CODX

Date Name Shares Transaction Value
Nov 26, 2024 Eugene Durenard Director 151,667 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 Richard Abbott President 150,438 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 Richard Abbott President 13,915 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $1.01 per share 14,054.15
Nov 26, 2024 Richard Abbott President 20,000 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Brian L. Brown Chief Financial Officer 380,833 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 Brian L. Brown Chief Financial Officer 419,905 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $1.01 per share 424,104.05
Nov 26, 2024 Brian L. Brown Chief Financial Officer 460,721 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Edward L. Murphy Director 151,667 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 Edward L. Murphy Director 175,833 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Richard S. Serbin Director 165,833 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Eugene Durenard Director 163,333 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 James B. Nelson Director 151,667 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 James B. Nelson Director 163,333 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Dwight Howard Egan Chief Executive Officer; Director 464,167 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 26, 2024 Dwight Howard Egan Chief Executive Officer; Director 522,858 Disposition to the issuer of issuer equity secs pursant to Rule 16b-3 Non-derivative transaction at $1.01 per share 528,086.58
Nov 26, 2024 Dwight Howard Egan Chief Executive Officer; Director 572,547 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Nov 26, 2024 Richard S. Serbin Director 151,667 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Co-Diagnostics in the News