Odyssey Marine Exploration financials
$0.6750−1.59%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $353.7K | $768.7K | $803.8K | $1.3M | $921.2K | $2.0M | $3.1M | $3.3M | $1.2M | $4.7M |
| Gross profit | $353.7K | $768.7K | $803.8K | $1.3M | $921.2K | $2.0M | $3.1M | $3.3M | $1.2M | $4.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | -$13.4M | -$12.0M | -$10.3M | -$17.9M | -$15.0M | -$12.6M | -$10.3M | -$6.1M | -$8.4M | -$11.5M |
| Net income | -$43.1M | $15.7M | $5.3M | -$22.1M | -$10.0M | -$14.8M | -$10.4M | -$5.2M | -$7.8M | -$6.3M |
| Net margin | −12180.6% | 2037.0% | 665.1% | −1654.3% | −1080.8% | −726.7% | −339.7% | −157.9% | −621.5% | −134.9% |
| Diluted EPS | $-1.10 | $0.07 | $0.27 | $-1.28 | $-0.75 | $-1.41 | $-1.12 | $-0.60 | $-0.95 | $-0.84 |
| EBITDA | -$12.5M | -$11.2M | -$10.1M | -$17.8M | -$14.8M | -$12.5M | -$10.2M | -$5.6M | -$7.6M | -$10.5M |
| Operating cash flow | -$8.8M | $642.3K | -$10.7M | -$10.2M | -$5.3M | -$9.1M | -$5.4M | -$6.5M | -$5.9M | -$8.4M |
| Free cash flow | -$8.9M | $558.0K | -$12.0M | -$11.7M | -$5.3M | -$9.1M | -$5.5M | -$6.5M | — | -$8.5M |
| Diluted shares | 39.3M | 28.4M | 20.1M | 17.3M | 13.3M | 10.5M | 9.3M | 8.6M | 8.2M | 7.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.5M | $4.8M | $4.0M | $1.4M | $2.3M | $6.2M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $5.0M | $22.9M | $7.9M | $22.4M | $41.9M | $42.6M |
| Total assets | $15.8M | $18.5M | $22.8M | $13.9M | $8.9M | $11.8M |
| Total liabilities | $91.4M | $97.6M | $108.7M | $102.5M | $71.4M | $69.7M |
| Shareholders' equity | -$75.5M | -$79.1M | -$85.9M | -$88.7M | -$62.5M | -$57.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology