Coda Octopus Group Inc (CODA)

[multivalue]

As a smaller technology company, we may be unable to compete with larger companies for engineering talent.

The skills set that we require to innovate new products are rare and in high demand. We may not be able to attract key skills due to the high demand for electrical engineers. In addition, as a small technology company with limited financial resources, we are unable to compete for certain specialized electronic engineering skills as our remuneration packages are not as competitive as those offered by bigger companies. If we fail to retain or attract new engineers, our business may suffer.