NASDAQ : OMEX
Odyssey Marine Exploration, Inc. — Financial statements
Materials · Other Industrial Metals & Mining · United States
Last price 11.3 USD (Oct 30, 2026, 4:00 PM EST) · Market cap 26.53M
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Financial statements
Odyssey Marine Exploration, Inc. (OMEX) reported revenue of 184.07K USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 184.07K | 353.72K | 768.68K | 803.80K | 1.33M | 921.24K |
| Cost of Revenue | 2.89M | 2.81M | 3.10M | 4.30M | 9.76M | 9.55M |
| Gross Profit | -2.71M | -2.45M | -2.34M | -3.49M | -8.43M | -8.63M |
| Selling, General & Admin | 18.22M | 10.98M | 9.67M | 6.84M | 9.43M | 6.32M |
| Operating Expenses | 18.22M | 10.98M | 9.67M | 6.84M | 9.43M | 6.32M |
| Operating Income | -20.93M | -13.43M | -12.00M | -10.34M | -17.85M | -14.95M |
| Interest Expense | -2.89M | -4.94M | -6.52M | -5.04M | -2.30M | -10.83M |
| Interest & Investment Income | 17.86K | 119.36K | 169.36K | 412.62K | 96.48K | 4.04K |
| Earnings From Equity Investments | -1.96M | -1.58M | -271.83K | -278.91K | ||
| Other Non Operating Income (Expenses) | -15.15M | -29.39M | 29.84M | -9.82M | -10.08M | 4.06M |
| EBT Excluding Unusual Items | -40.92M | -49.22M | 11.22M | -25.06M | -30.14M | -21.72M |
| Gain (Loss) on Sale of Assets | 164.00K | 164.00K | 4.03K | |||
| Other Unusual Items | 587.02K | 587.02K | -4.98M | 21.18M | 315.24K | 5.59M |
| Pretax Income | -40.17M | -48.47M | 6.25M | -3.88M | -29.82M | -16.13M |
| Earnings From Continuing Operations | -40.17M | -48.47M | 6.25M | -3.88M | -29.82M | -16.13M |
| Minority Interest in Earnings | 725.50K | 5.39M | 9.41M | 9.23M | 7.74M | 6.17M |
| Net Income | -39.44M | -43.09M | 15.66M | 5.35M | -22.08M | -9.96M |
| Net Income to Common | -39.44M | -43.09M | 15.66M | 5.35M | -22.08M | -9.96M |
| Shares Outstanding (Basic) | 2.12M | 1.57M | 839.10K | 797.75K | 692.44K | 531.87K |
| Shares Outstanding (Diluted) | 2.12M | 1.57M | 1.14M | 804.75K | 692.44K | 531.87K |
| EPS (Basic) | -18.56 | -27.44 | 18.66 | 6.70 | -31.89 | -18.72 |
| EPS (Diluted) | -18.75 | -27.50 | 1.67 | 6.64 | -32.00 | -18.75 |
| Free Cash Flow | -13.44M | -8.87M | 557.99K | -11.52M | -11.69M | -5.44M |
| Free Cash Flow Per Share | -6.32 | -5.65 | 0.49 | -14.31 | -16.88 | -10.24 |
| Operating Margin | -11,369.99% | -3,797.12% | -1,561.76% | -1,286.09% | -1,337.62% | -1,622.94% |
| Profit Margin | -21,426.83% | -12,180.62% | 2,037.00% | 665.07% | -1,654.29% | -1,080.76% |
| Free Cash Flow Margin | -7,298.75% | -2,506.35% | 72.59% | -1,432.86% | -875.66% | -590.97% |
| EBITDA | -20.86M | -13.36M | -11.93M | -10.09M | -17.76M | -14.94M |
| D&A For EBITDA | 72.39K | 75.30K | 79.02K | 242.97K | 88.39K | 8.82K |
| EBIT | -20.93M | -13.43M | -12.00M | -10.34M | -17.85M | -14.95M |
| Revenue as Reported | 184.07K | 353.72K | 768.68K | 803.80K | 1.33M | 921.24K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.35M | 3.52M | 4.79M | 4.02M | 1.44M | 2.27M |
| Cash & Short-Term Investments | 2.35M | 3.52M | 4.79M | 4.02M | 1.44M | 2.27M |
| Accounts Receivable | 129.39K | 67.32K | 67.32K | 46.39K | 7.51K | 268.87K |
| Other Receivables | 218.44K | 63.93K | ||||
| Receivables | 129.39K | 67.32K | 285.76K | 110.32K | 1.58M | 268.87K |
| Prepaid Expenses | 230.92K | 637.83K | 564.93K | 608.35K | 649.07K | 732.56K |
| Other Current Assets | 205.80K | 134.78K | 118.70K | 135.09K | 298.36K | 44.07K |
| Total Current Assets | 2.91M | 4.36M | 5.76M | 4.88M | 3.98M | 3.32M |
| Property, Plant & Equipment | 439.01K | 474.82K | 534.02K | 646.22K | 3.18M | 479.14K |
| Long-Term Investments | 7.69M | 8.82M | 9.89M | 15.38M | 4.86M | 3.25M |
| Other Intangible Assets | 1.82M | 1.82M | 1.82M | 1.82M | 1.82M | 1.82M |
| Other Long-Term Assets | 369.27K | 369.27K | 489.71K | 34.30K | 34.30K | 34.30K |
| Total Assets | 13.24M | 15.84M | 18.49M | 22.75M | 13.87M | 8.91M |
| Accounts Payable | 4.97M | 770.75K | 748.40K | 345.38K | 2.29M | 1.82M |
| Accrued Expenses | 10.32M | 9.32M | 8.18M | 8.04M | 16.96M | 26.77M |
| Short-Term Debt | 158.10K | 522.36K | 949.15K | 1.76M | 1.05M | 1.11M |
| Current Portion of Long-Term Debt | 9.35M | 12.14M | 13.66M | 20.69M | 22.30M | |
| Current Portion of Leases | 270.00K | 540.00K | 129.14K | 186.66K | 163.17K | |
| Other Current Liabilities | 6.20K | 525.00K | 450.00K | 7.53M | 657.33K | 450.00K |
| Total Current Liabilities | 25.08M | 11.68M | 22.47M | 31.47M | 41.82M | 52.61M |
| Long-Term Debt | 150.00K | 150.00K | 5.64M | 3.79M | 663.54K | 18.47M |
| Long-Term Leases | 3.78M | 4.21M | 4.11M | 129.14K | 315.80K | |
| Long-Term Unearned Revenue | 334.97K | 334.97K | 455.42K | 679.71K | 960.97K | |
| Other Long-Term Liabilities | 67.60M | 75.44M | 64.80M | 68.61M | 58.97M | |
| Total Liabilities | 93.16M | 91.38M | 97.58M | 108.66M | 102.55M | 71.40M |
| Common Stock | 5.87K | 5.58K | 2.88K | 2.04K | 1.95K | 1.43K |
| Additional Paid-In Capital | 290.74M | 285.87M | 264.19M | 263.62M | 256.96M | 249.06M |
| Retained Earnings | -332.49M | -323.52M | -280.44M | -296.10M | -301.44M | -275.09M |
| Total Common Equity | -41.74M | -37.65M | -16.24M | -32.48M | -44.48M | -26.03M |
| Minority Interest | -38.18M | -37.90M | -62.84M | -53.43M | -44.20M | -36.45M |
| Shareholders' Equity | -79.93M | -75.54M | -79.08M | -85.91M | -88.67M | -62.49M |
| Total Liabilities & Equity | 13.24M | 15.84M | 18.49M | 22.75M | 13.87M | 8.91M |
| Total Debt | 9.93M | 5.00M | 22.94M | 23.45M | 22.71M | 42.36M |
| Net Cash (Debt) | -7.58M | -1.48M | -18.14M | -19.42M | -21.27M | -40.08M |
| Net Cash Per Share | -3.57 | -0.94 | -15.98 | -24.14 | -30.72 | -75.36 |
| Filing Date Shares Outstanding | 2.35M | 2.33M | 1.17M | 817.25K | 783.54K | 573.98K |
| Total Common Shares Outstanding | 2.35M | 2.23M | 1.15M | 816.84K | 781.61K | 572.37K |
| Working Capital | -22.17M | -7.32M | -16.71M | -26.59M | -37.85M | -49.29M |
| Book Value Per Share | -17.78 | -16.88 | -14.09 | -39.76 | -56.90 | -45.48 |
| Tangible Book Value | -43.56M | -39.47M | -18.07M | -34.30M | -46.30M | -27.86M |
| Tangible Book Value Per Share | -18.56 | -17.69 | -15.67 | -41.99 | -59.24 | -48.67 |
| Machinery | 770.01K | 1.31M | 1.82M | 8.27M | 5.60M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -39.44M | -43.09M | 15.66M | 5.35M | -22.08M | -9.96M |
| Depreciation & Amortization | 72.39K | 75.30K | 200.59K | 421.43K | 249.47K | 154.75K |
| Other Amortization | 1.03M | 1.91M | 3.35M | 2.04M | ||
| Loss (Gain) From Sale of Assets | -164.00K | -164.00K | -4.03K | -160.00K | -342.12K | |
| Loss (Gain) on Equity Investments | 1.96M | 1.58M | 271.83K | 278.91K | ||
| Stock-Based Compensation | 1.13M | 653.39K | 2.30M | 764.15K | 1.81M | 1.25M |
| Other Operating Activities | 14.70M | 28.31M | -19.19M | -20.17M | 1.70M | -16.19M |
| Change in Accounts Receivable | -3.05K | 218.13K | -175.44K | -103.90K | -241.71K | -108.61K |
| Change in Accounts Payable | 4.33M | 26.93K | 372.21K | -1.68M | 5.97M | 6.29M |
| Change in Other Net Operating Assets | 2.97M | 1.63M | -2.14M | 3.09M | 2.37M | 13.48M |
| Operating Cash Flow | -13.42M | -8.85M | 642.34K | -10.17M | -10.21M | -5.43M |
| Capital Expenditures | -16.10K | -16.10K | -84.35K | -1.35M | -1.48M | -19.14K |
| Sale of Property, Plant & Equipment | 317.75K | 342.12K | ||||
| Investment in Securities | -157.51K | -157.51K | -1.00M | |||
| Other Investing Activities | 1.00M | -1.00M | ||||
| Investing Cash Flow | -173.61K | -173.61K | -84.35K | -1.03M | -2.48M | 322.99K |
| Long-Term Debt Issued | 25.47M | 2.20M | 1.38M | |||
| Long-Term Debt Repaid | -816.44K | -3.00M | -11.85M | -5.55M | -355.27K | |
| Net Debt Issued (Repaid) | 4.33M | -816.44K | -3.00M | 13.61M | -3.35M | 1.02M |
| Issuance of Common Stock | 8.60M | 9.20M | 3.90M | 542.65K | 16.51M | |
| Repurchase of Common Stock | -18.28K | -218.62K | -585.94K | -20.50K | ||
| Other Financing Activities | -540.00K | -637.13K | -662.95K | -160.28K | -723.55K | 213.88K |
| Financing Cash Flow | 12.39M | 7.75M | 212.03K | 13.78M | 11.86M | 1.21M |
| Net Cash Flow | -1.20M | -1.28M | 770.02K | 2.58M | -831.33K | -3.89M |
| Free Cash Flow | -13.44M | -8.87M | 557.99K | -11.52M | -11.69M | -5.44M |
| Free Cash Flow Margin | -7,298.75% | -2,506.35% | 72.59% | -1,432.86% | -875.66% | -590.97% |
| Free Cash Flow Per Share | -6.32 | -5.65 | 0.49 | -14.31 | -16.88 | -10.24 |
| Levered Free Cash Flow | -7.62M | -7.50M | -12.47M | -10.04M | -22.64M | -8.62M |
| Unlevered Free Cash Flow | -6.85M | -6.32M | -11.74M | -8.92M | -21.20M | -1.85M |
| Free Cash Flow After Leases | -13.44M | -8.87M | 557.99K | -11.52M | -11.69M | -5.44M |
| Cash Interest Paid | 430.28K | 172.35K | 222.73K | |||
| Change in Working Capital | 7.30M | 1.88M | -1.94M | 1.31M | 8.11M | 19.66M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 26.53M | 109.25M | 20.96M | 93.63M | 75.69M | 74.32M |
| Enterprise Value | 34.11M | 75.92M | -19.38M | 84.21M | 71.80M | 81.15M |
| Last Close Price | 11.30 | 49.00 | 18.00 | 116.25 | 97.00 | 130.00 |
| PE Ratio | 1.34 | 17.52 | ||||
| Forward PE | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | |
| PS Ratio | 144.12 | 308.85 | 27.27 | 116.49 | 56.71 | 80.67 |
| PB Ratio | -1.45 | -0.27 | -1.09 | -0.85 | -1.19 | |
| P/FCF Ratio | 37.57 | |||||
| P/OCF Ratio | 32.64 | |||||
| EV/Sales Ratio | 185.32 | 214.65 | 104.76 | 53.79 | 88.09 | |
| Debt / Equity Ratio | -0.12 | -0.07 | -0.29 | -0.27 | -0.26 | -0.68 |
| Debt / FCF Ratio | 41.10 | |||||
| Net Debt / Equity Ratio | -0.10 | -0.02 | -0.23 | -0.23 | -0.24 | -0.64 |
| Net Debt / EBITDA Ratio | -0.36 | -0.11 | -1.52 | -1.92 | -1.20 | -2.68 |
| Net Debt / FCF Ratio | -0.56 | -0.17 | 32.52 | -1.69 | -1.82 | -7.36 |
| Asset Turnover | 0.01 | 0.02 | 0.04 | 0.04 | 0.12 | 0.09 |
| Quick Ratio | 0.10 | 0.31 | 0.23 | 0.13 | 0.04 | 0.05 |
| Current Ratio | 0.12 | 0.37 | 0.26 | 0.15 | 0.10 | 0.06 |
| Return on Assets (ROA) | -87.77% | -48.90% | -36.38% | -35.28% | -97.97% | -90.42% |
| Return on Capital Employed (ROCE) | 176.70% | -322.80% | 302.00% | 118.60% | 63.90% | 34.20% |
| Earnings Yield | -165.92% | -39.44% | 74.69% | 5.71% | -29.17% | -13.40% |
| FCF Yield | -50.64% | -8.12% | 2.66% | -12.30% | -15.44% | -7.32% |
| Buyback Yield / Dilution | -76.10% | -38.33% | -41.05% | -16.22% | -30.19% | -26.18% |