"OMEX" · Odyssey Marine Exploration Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | - | - | $183.9K | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - |
| SG&A | $10.98M | $9.67M | $6.84M | $8.49M | $6.32M | $3.75M |
| Total Operating Expenses | $13.78M | $12.77M | $11.14M | $18.38M | $15.87M | $14.67M |
| D&A | $75.3K | $79.0K | $243.0K | $88.4K | $8.8K | $9.3K |
| Operating Income | ($13.43M) | ($12.00M) | ($10.34M) | ($17.04M) | ($14.95M) | ($12.64M) |
| Interest Expense | $4.94M | $6.52M | $5.04M | $14.09M | $10.83M | $6.92M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | ($43.09M) | $15.66M | $5.35M | ($23.14M) | ($9.96M) | ($14.81M) |
| EPS - Basic | ($1.10) | $0.75 | $0.27 | ($1.41) | - | - |
| EPS - Diluted | ($1.10) | $0.07 | $0.27 | ($1.41) | - | - |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $3.52M | $4.79M | $511.8K | $1.44M | $2.27M | $6.16M |
| Accounts Receivable | $67.3K | $285.8K | $71.5K | $7.5K | $268.9K | $160.3K |
| Inventory | - | - | - | - | - | - |
| Accounts Payable | $770.8K | $748.4K | $586.7K | $2.29M | $1.82M | $4.15M |
| Current Assets | $4.36M | $5.76M | $1.32M | $3.98M | $3.32M | $6.91M |
| Total Assets | $15.84M | $18.49M | $18.73M | $13.28M | $8.91M | $11.76M |
| Current Liabilities | $11.68M | $22.47M | $28.64M | $64.69M | $52.61M | $53.88M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $91.38M | $97.58M | $94.57M | $89.83M | $71.40M | $69.67M |
| Stockholders' Equity | ($37.65M) | ($16.24M) | ($24.85M) | ($32.35M) | ($26.03M) | ($27.63M) |
| Retained Earnings | ($323.52M) | ($280.44M) | ($287.88M) | ($298.23M) | ($275.09M) | ($265.13M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($8.85M) | $642.3K | ($10.17M) | ($9.25M) | ($5.30M) | ($9.29M) |
| Investing Cash Flow | ($173.6K) | ($84.3K) | ($1.03M) | ($2.35M) | $0 | - |
| Financing Cash Flow | $7.75M | $212.0K | $13.78M | $10.77M | $1.09M | $15.24M |
| CapEx | $16.1K | $84.3K | $1.35M | $1.35M | $0 | - |
| Free Cash Flow | ($8.87M) | $558.0K | ($11.52M) | ($10.60M) | ($5.30M) | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | - | - | - | - | - | - |
| Operating margin | - | - | -5620.2% | - | - | - |
| EBITDA margin | - | - | -5488.1% | - | - | - |
| Net margin | - | - | 2906.4% | - | - | - |
| Free cash flow margin | - | - | -6261.6% | - | - | - |
| FCF / Net income | 0.21 | 0.04 | -2.15 | 0.46 | 0.53 | - |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | - | - | 3720.4% | - | - | - |
| Effective tax rate | - | 0.0% | 0.0% | - | - | - |
| Return on assets | -272.0% | 84.7% | 28.5% | -174.2% | -111.8% | -126.0% |
| Return on equity | 114.4% | -96.4% | -21.5% | 71.5% | 38.2% | 53.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 0.37 | 0.26 | 0.05 | 0.06 | 0.06 | 0.13 |
| Quick ratio | 0.37 | 0.26 | 0.05 | 0.06 | 0.06 | 0.13 |
| Cash ratio | 0.30 | 0.21 | 0.02 | 0.02 | 0.04 | 0.11 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | -2.7x | -1.8x | -2.1x | -1.2x | -1.4x | -1.8x |
| Equity multiplier | -0.42 | -1.14 | -0.75 | -0.41 | -0.34 | -0.43 |
| Liabilities / Assets | 5.77 | 5.28 | 5.05 | 6.76 | 8.01 | 5.92 |
| Efficiency | ||||||
| Asset turnover | - | - | 0.01 | - | - | - |
| Inventory turnover | - | - | - | - | - | - |
| Days sales outstanding | - | - | 142d | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | - | - | - | - | - | - |
| Revenue CAGR (3y) | - | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - |
| Operating income growth (YoY) | -11.9% | -16.1% | 39.3% | -14.0% | -18.3% | -22.1% |
| Net income growth (YoY) | - | 192.9% | - | -132.4% | 32.8% | -41.9% |
| EPS growth (YoY) | - | -74.1% | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | -8.7% | -99.9% | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -131.8% | 34.6% | 23.2% | -24.3% | 5.8% | 5.7% |
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- -Gross margin improved
- -Asset turnover improved
Peer comparison
Same SIC group: Water Transportation
Comparing ODYSSEY MARINE EXPLORATION INC against the 5 most active filers in the same SIC group.