Coda Octopus Group, Inc. (NASDAQ:CODA) Q4 2022 Earnings Call Transcript

Annmarie Gayle: Well, the way we’re hiring, we’re hiring software. And normally, that really is through sort of recruitment companies because of the specialized skills that we need. So generally, we are not just using indeed, we have recruitment consultants because of the kinds of skills we’re looking for. So we have a number, we’re looking for business development, for example, but global business development, we’re looking for software developers, as a scale and electronic engineers.

Unidentified Analyst: I see. And then one last thing, I don’t know if you can comment on it, but would reassure the investors I think, like for 2022, the revenues were $22 million or on average $5.5 million per quarter. I mean, is that like kind of a rock bottom revenue run rate? Or is it possible it could even go lower than that?

Annmarie Gayle: Walter, I really can’t see that. And I really this call, and it’s I just really want to give any guidance on that actually, we will be putting out our management targets. And when we released them, please have a look on this call. We’re still working through our targets and I’m not able to discuss these on this call. I’m sorry.

Unidentified Analyst: Okay. Didn’t think so. But figured I’d ask. Alright. Thanks for taking the questions.

Annmarie Gayle: Thank you, Walter. Thank you very much.

Nathan Parker: Thank you Walter.

Operator: Thank you. At this time, we conclude the question-and-answer session. And I’ll turn the call back to Annmarie Gayle.

Annmarie Gayle: Thank you very much everyone for joining the call today, and for your interest in Coda Octopus. Have a great rest of your day. And thank you again.

Operator: This will conclude today’s conference. Thank you for your participation. You may now disconnect your lines at this time.

Annmarie Gayle: Thank you. Thank you everyone.