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Odyssey Marine Exploration, Inc. (OMEX) 10-Year Financial Performance & Capital Metrics

OMEX • • Industrial / General
IndustrialsBusiness ServicesProfessional & Technical ServicesTechnical Inspection & Engineering
AboutOdyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. It also offers resource assessment, project planning, research, and project management services. The company was founded in 1986 and is headquartered in Tampa, Florida.Show more
  • Revenue $769K -4.4%
  • EBITDA -$12M -19.0%
  • Net Income $16M +192.9%
  • EPS (Diluted) 0.07 -75.3%
  • Gross Margin -303.87% +30.1%
  • EBITDA Margin -1535.67% -24.5%
  • Operating Margin -1561.76% -21.4%
  • Net Margin 2037% +206.3%
  • ROE -
  • ROIC -
  • Debt/Equity -
  • Interest Coverage -1.84 +10.2%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓FCF machine: 72.6% free cash flow margin
  • ✓Momentum leader: RS Rating 86 (top 14%)

✗Weaknesses

  • ✗Low quality earnings: Net income not backed by cash flow
  • ✗Sales declining 24.2% over 5 years
  • ✗Shares diluted 41.0% in last year
  • ✗Trading more than 30% below 52-week high
  • ✗Low asset turnover indicates capital-intensive operations

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-5.28%
5Y-24.21%
3Y-5.86%
TTM-41.55%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM-346.58%

EPS CAGR

10Y-
5Y-
3Y-
TTM-64609.56%

ROCE

10Y Avg-
5Y Avg-
3Y Avg-
Latest-

Peer Comparison

Technical Inspection & Engineering
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
OMEXOdyssey Marine Exploration, Inc.122.62M2.2033.03-4.37%-65.68%0.46%
YSXTYSX Tech. Co., Ltd31.16M1.407.7822.04%5.63%17.39%0.22
SMXSMX (Security Matters) Public Limited Company241.82M24.35-0.00-2.97%0.27
TISITeam, Inc.64.83M14.32-1.66-1.2%-5.95%-164.46%20.52%212.04
SPIRSpire Global, Inc.361.79M10.93-2.5713.15%39.52%22.97%
TICTIC Solutions, Inc.2.47B11.18-864.51%-11.04%-15.8%0.71

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+5.33M4.68M1.25M3.28M3.07M2.04M921.24K1.33M803.8K768.68K
Revenue Growth %3.03%-0.12%-0.73%1.62%-0.06%-0.34%-0.55%0.45%-0.4%-0.04%
Cost of Goods Sold+12.88M8.27M3.44M3.69M7.93M10.92M9.55M9.76M4.3M3.1M
COGS % of Revenue2.42%1.77%2.75%1.13%2.58%5.36%10.37%7.31%5.35%4.04%
Gross Profit+-7.55M-3.58M-2.19M-412.81K-4.85M-8.89M-8.63M-8.43M-3.49M-2.34M
Gross Margin %-1.42%-0.77%-1.75%-0.13%-1.58%-4.36%-9.37%-6.31%-4.35%-3.04%
Gross Profit Growth %0.59%0.52%0.39%0.81%-10.76%-0.83%0.03%0.02%0.59%0.33%
Operating Expenses+11.46M7.96M6.17M5.65M5.49M3.75M6.32M9.43M6.84M9.67M
OpEx % of Revenue2.15%1.7%4.94%1.73%1.79%1.84%6.86%7.06%8.51%12.58%
Selling, General & Admin11.46M7.96M6.17M5.65M5.49M3.75M6.32M9.43M6.84M9.67M
SG&A % of Revenue2.15%1.7%4.94%1.73%1.79%1.84%6.86%7.06%8.51%12.58%
Research & Development11.43M8.27M3.44M3.69M000000
R&D % of Revenue2.14%1.77%2.75%1.13%------
Other Operating Expenses388.6K467.4K63.07K48.8K000000
Operating Income+-21.52M-10.55M-8.36M-6.07M-10.35M-12.64M-14.95M-17.85M-10.34M-12M
Operating Margin %-4.04%-2.25%-6.69%-1.85%-3.37%-6.2%-16.23%-13.38%-12.86%-15.62%
Operating Income Growth %0.24%0.51%0.21%0.27%-0.71%-0.22%-0.18%-0.19%0.42%-0.16%
EBITDA+-20.1M-9.49M-7.6M-5.61M-10.18M-12.49M-14.8M-17.6M-9.92M-11.8M
EBITDA Margin %-3.77%-2.03%-6.08%-1.71%-3.31%-6.13%-16.06%-13.19%-12.34%-15.36%
EBITDA Growth %0.11%0.53%0.2%0.26%-0.81%-0.23%-0.18%-0.19%0.44%-0.19%
D&A (Non-Cash Add-back)1.42M1.06M760.77K453.47K169.67K142.09K154.75K249.47K421.43K200.59K
EBIT-16.7M-6.68M-8.29M-5.96M-10.14M-14.18M-5.3M-27.52M1.16M12.76M
Net Interest Income+-4.55M-2.4M-2.73M-3.09M-5.36M-6.91M-10.83M-2.21M-4.63M-6.35M
Interest Income137011256.41K1515.12K4.04K96.48K412.63K169.36K
Interest Expense4.55M2.4M2.73M3.14M5.36M6.92M10.83M2.3M5.04M6.52M
Other Income/Expense272.87K1.47M-2.66M-3.04M-5.15M-8.46M-1.18M-11.97M6.45M18.25M
Pretax Income+-21.25M-9.08M-11.02M-9.1M-15.5M-21.09M-16.13M-29.82M-3.88M6.25M
Pretax Margin %-3.99%-1.94%-8.83%-2.78%-5.04%-10.35%-17.51%-22.34%-4.83%8.13%
Income Tax+0000000000
Effective Tax Rate %0.86%0.7%0.7%0.57%0.67%0.7%0.62%0.74%-1.38%2.51%
Net Income+-18.21M-6.32M-7.76M-5.17M-10.44M-14.81M-9.96M-22.08M5.35M15.66M
Net Margin %-3.42%-1.35%-6.22%-1.58%-3.4%-7.27%-10.81%-16.54%6.65%20.37%
Net Income Growth %0.31%0.65%-0.23%0.33%-1.02%-0.42%0.33%-1.22%1.24%1.93%
Net Income (Continuing)-21.25M-9.08M-11.02M-9.1M-15.5M-21.09M-16.13M-29.82M-3.88M6.25M
Discontinued Operations0000000000
Minority Interest-9.35M-12.12M-15.38M-19.31M-24M-30.28M-36.45M-44.2M-53.43M-62.84M
EPS (Diluted)+-2.46-0.84-0.95-0.60-1.12-1.41-0.75-1.340.270.07
EPS Growth %0.34%0.66%-0.13%0.37%-0.87%-0.26%0.47%-0.79%1.2%-0.75%
EPS (Basic)-2.46-0.84-0.95-0.60-1.12-1.41-0.75-1.340.270.75
Diluted Shares Outstanding7.41M7.56M8.21M8.58M9.35M10.54M13.3M17.31M20.12M28.38M
Basic Shares Outstanding7.41M7.56M8.21M8.58M9.35M10.54M13.3M17.31M19.94M20.98M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+3.55M2.76M1.85M4.6M1.22M6.91M3.32M3.98M4.88M5.76M
Cash & Short-Term Investments2.24M1.66M1.11M2.79M213.39K6.16M2.27M1.44M4.02M4.79M
Cash Only2.24M1.66M1.11M2.79M213.39K6.16M2.27M1.44M4.02M4.79M
Short-Term Investments0000000000
Accounts Receivable801.58K473.81K232.38K789.42K378.54K160.22K268.87K7.51K46.39K285.76K
Days Sales Outstanding54.8936.9367.9487.9644.9628.69106.532.0621.07135.69
Inventory497.12K592.62K481.7K0000000
Days Inventory Outstanding14.0926.1651.13-------
Other Current Assets010K10.01K10.13K48.13K5.11K44.07K1.88M199.01K35.27K
Total Non-Current Assets+3.37M2.33M1.13M870.65K4.1M4.85M5.59M9.9M17.88M12.73M
Property, Plant & Equipment2.83M1.38M593.82K117.98K756.84K614.76K479.14K3.18M646.22K534.02K
Fixed Asset Turnover1.89x3.40x2.10x27.77x4.06x3.32x1.92x0.42x1.24x1.44x
Goodwill0000000000
Intangible Assets00001.82M1.82M1.82M1.82M1.82M1.82M
Long-Term Investments000752.67K1.5M2.37M3.25M4.86M15.38M10.34M
Other Non-Current Assets540.59K948.83K532.5K026.81K41.81K34.3K34.3K34.3K34.3K
Total Assets+6.91M5.08M2.97M5.47M5.33M11.76M8.91M13.87M22.75M18.49M
Asset Turnover0.77x0.92x0.42x0.60x0.58x0.17x0.10x0.10x0.04x0.04x
Asset Growth %-0.72%-0.26%-0.42%0.84%-0.03%1.21%-0.24%0.56%0.64%-0.19%
Total Current Liabilities+24.68M27.21M33.31M42.03M51.23M53.88M52.61M41.82M31.47M22.47M
Accounts Payable1.57M1.4M2.4M2.77M6.24M1.46M1.82M2.29M345.38K748.4K
Days Payables Outstanding44.4461.69254.43274.34287.248.9169.4685.4829.3387.99
Short-Term Debt15.06M20.73M24.36M29.45M31.45M31.1M23.41M21.73M15.41M13.08M
Deferred Revenue (Current)383.15K000000000
Other Current Liabilities5.86M01.87M0450K450K450K657.33K7.53M2.4K
Current Ratio0.14x0.10x0.06x0.11x0.02x0.13x0.06x0.10x0.15x0.26x
Quick Ratio0.12x0.08x0.04x0.11x0.02x0.13x0.06x0.10x0.15x0.26x
Cash Conversion Cycle24.541.4-135.36-------
Total Non-Current Liabilities+7.78M8.98M7.64M4.64M7.4M15.79M18.79M60.73M77.19M75.11M
Long-Term Debt3.14M4.34M3M02.96M11.49M18.47M663.54K7.9M9.85M
Capital Lease Obligations0000621.05K478.97K315.8K129.14K00
Deferred Tax Liabilities-4.64M-4.64M-4.64M0000000
Other Non-Current Liabilities00003.82M3.82M059.93M69.29M65.26M
Total Liabilities32.46M36.19M40.96M46.67M58.63M69.67M71.4M102.55M108.66M97.58M
Total Debt+18.2M25.07M27.36M29.45M35.15M43.21M42.36M22.71M23.45M22.94M
Net Debt15.96M23.4M26.26M26.66M34.93M37.05M40.08M21.27M19.42M18.14M
Debt / Equity----------
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-4.73x-4.40x-3.06x-1.93x-1.93x-1.83x-1.38x-7.76x-2.05x-1.84x
Total Equity+-25.55M-31.1M-37.98M-41.2M-53.3M-57.91M-62.49M-88.67M-85.91M-79.08M
Equity Growth %-1.46%-0.22%-0.22%-0.08%-0.29%-0.09%-0.08%-0.42%0.03%0.08%
Book Value per Share-3.45-4.11-4.63-4.80-5.70-5.50-4.70-5.12-4.27-2.79
Total Shareholders' Equity-16.2M-18.99M-22.61M-21.89M-29.29M-27.63M-26.03M-44.48M-32.48M-16.24M
Common Stock7547728479229481.26K1.43K1.95K2.04K2.88K
Retained Earnings-220.63M-226.95M-234.71M-239.88M-250.32M-265.13M-275.09M-301.44M-296.1M-280.44M
Treasury Stock0000000000
Accumulated OCI0000000000
Minority Interest-9.35M-12.12M-15.38M-19.31M-24M-30.28M-36.45M-44.2M-53.43M-62.84M

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-17.16M-8.31M-5.85M-6.45M-5.44M-9.18M-5.43M-10.21M-10.17M642.34K
Operating CF Margin %-3.22%-1.77%-4.69%-1.97%-1.77%-4.5%-5.89%-7.65%-12.65%0.84%
Operating CF Growth %0.4%0.52%0.3%-0.1%0.16%-0.69%0.41%-0.88%0%1.06%
Net Income-21.25M-9.08M-11.02M-9.1M-15.5M-21.09M-16.13M-29.82M-3.88M6.25M
Depreciation & Amortization1.42M1.06M760.77K453.47K169.67K142.09K154.75K249.47K421.43K200.59K
Stock-Based Compensation2.7M1.66M725.88K278.95K55.2K420.65K1.25M1.81M585.65K2.01M
Deferred Taxes-1.73M-4.06M-289.33K-1.65M734.05K00000
Other Non-Cash Items611.22K-3.95M447.01K111.18K722.29K539.78K-10.36M9.45M-8.61M-5.87M
Working Capital Changes-640.85K1.99M3.24M3.46M8.37M10.81M19.66M8.11M1.31M-1.94M
Change in Receivables-615.99K297.84K241.43K-578.16K367.83K261.34K-108.61K-254.36K410.39K-175.44K
Change in Inventory1.19M2.23M1.88M0000000
Change in Payables-3.5M-329.86K999.49K496.07K3.69M4.56M6.29M5.97M-1.68M372.21K
Cash from Investing+799.59K70.32K80K994.04K-15.49K0322.99K-2.48M-1.03M-84.35K
Capital Expenditures-48.41K-129.68K0-9.62K-15.49K0-19.14K-1.48M-1.35M-84.35K
CapEx % of Revenue0.01%0.03%-0%0.01%-0.02%1.11%1.68%0.11%
Acquisitions----------
Investments----------
Other Investing850K200K80K1M00342.13K-1M1.32M0
Cash from Financing+15.46M7.66M5.22M7.14M2.88M15.13M1.21M11.86M13.78M212.03K
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid0000000000
Share Repurchases----------
Other Financing520.73K-10K0999.88K0-317.76K-520.5K-1.31M-75.55K-141.23K
Net Change in Cash----------
Free Cash Flow+-17.21M-8.43M-5.85M-6.46M-5.46M-9.18M-5.44M-11.69M-11.52M557.99K
FCF Margin %-3.23%-1.8%-4.69%-1.97%-1.78%-4.5%-5.91%-8.76%-14.33%0.73%
FCF Growth %0.45%0.51%0.31%-0.1%0.16%-0.68%0.41%-1.15%0.01%1.05%
FCF per Share-2.32-1.12-0.71-0.75-0.58-0.87-0.41-0.68-0.570.02
FCF Conversion (FCF/Net Income)0.94x1.31x0.75x1.25x0.52x0.62x0.54x0.46x-1.90x0.04x
Interest Paid000001.28M0222.73K172.35K430.28K
Taxes Paid0000000000

Key Ratios

Metric2015201620172018201920202021202220232024
Gross Margin-141.56%-76.54%-175.41%-12.6%-157.98%-435.92%-936.72%-631.28%-434.73%-303.87%
Net Margin-341.58%-134.87%-621.51%-157.9%-339.73%-726.68%-1080.76%-1654.29%665.07%2037%
Interest Coverage-4.73x-4.40x-3.06x-1.93x-1.93x-1.83x-1.38x-7.76x-2.05x-1.84x
FCF Conversion0.94x1.31x0.75x1.25x0.52x0.62x0.54x0.46x-1.90x0.04x
Revenue Growth302.93%-12.14%-73.34%162.38%-6.19%-33.67%-54.8%44.88%-39.78%-4.37%

Revenue by Segment

2018201920202021202220232024
Marine Services2.44M1.98M1.09M883.79K1.15M779.58K726.39K
Marine Services Growth--18.68%-45.19%-18.74%30.21%-32.26%-6.82%
Operating And Other------42.28K
Operating And Other Growth-------
Product and Service, Other-1.09M950.66K37.45K183.94K24.22K-
Product and Service, Other Growth---12.68%-96.06%391.17%-86.83%-
Cargo and Freight835.76K------
Cargo and Freight Growth-------

Frequently Asked Questions

Valuation & Price

Odyssey Marine Exploration, Inc. (OMEX) has a price-to-earnings (P/E) ratio of 33.0x. This suggests investors expect higher future growth.

Growth & Financials

Odyssey Marine Exploration, Inc. (OMEX) reported $0.5M in revenue for fiscal year 2024. This represents a 97% decrease from $15.7M in 2011.

Odyssey Marine Exploration, Inc. (OMEX) saw revenue decline by 4.4% over the past year.

Odyssey Marine Exploration, Inc. (OMEX) reported a net loss of $30.7M for fiscal year 2024.

Dividend & Returns

Odyssey Marine Exploration, Inc. (OMEX) had negative free cash flow of $7.9M in fiscal year 2024, likely due to heavy capital investments.

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