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About

Odyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor mineral resources including polymetallic nodules for battery metals and subsea phosphate deposits for fertilizers. The company offers comprehensive research, marine operations, and regulatory compliance support and explores for phosphate and gold deposits. The company works with governments and seafloor rights holders worldwide and develops its projects in collaboration with a global network of partners, academics, and industry professionals. It also provides specialized mineral exploration, project development, and marine services to clients. Odyssey Marine Exploration, Inc. is headquartered in Tampa, Florida.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Other Industrial Metals Market Cap 84.72M
Enterprise Value 51.40M Income -30.68M Sales 467.12K
Book/sh -0.90 Cash/sh 0.10 Dividend Yield —
Payout 0.00% Employees 11 IPO —
P/E — Forward P/E -1.63 PEG —
P/S 181.37 P/B -1.69 P/C —
EV/EBITDA -5.11 EV/Sales 110.03 Quick Ratio 0.36
Current Ratio 0.38 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.02 EPS next Y -0.93 EPS Growth —
Revenue Growth -71.50% Earnings 2026-03-31 ROA -32.08%
ROE — ROIC — Gross Margin 0.00%
Oper. Margin -34.94% Profit Margin 0.00% Shs Outstand 55.74M
Shs Float 37.69M Short Float 5.03% Short Ratio 2.34
Short Interest — 52W High 4.43 52W Low 0.27
Beta -0.82 Avg Volume 917.15K Volume 597.55K
Target Price — Recom None Prev Close $1.44
Price $1.52 Change 5.56%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.49
Latest analyst target
3. DCF / Fair value
$-2.73
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.49
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-08-16 reit EF Hutton Buy → Buy $8
2023-04-05 reit EF Hutton — → Buy $8
2023-03-14 reit EF Hutton — → Buy $8
2022-06-16 init EF Hutton — → Buy $8
2013-02-01 init Lake Street — → Buy $6
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 7937 — — Stock Award(Grant) at price 0.00 per share. SIEGEL TODD E Director — 2026-02-06 00:00:00 D
1 5291 — — Stock Award(Grant) at price 0.00 per share. POMMERAUD LARISSA TIFFANY Director — 2026-02-06 00:00:00 D
2 7653 — — Stock Award(Grant) at price 0.00 per share. SIEGEL TODD E Director — 2026-01-06 00:00:00 D
3 10204 — — Stock Award(Grant) at price 0.00 per share. POMMERAUD LARISSA TIFFANY Director — 2026-01-06 00:00:00 D
4 7282 — — Stock Award(Grant) at price 0.00 per share. SIEGEL TODD E Director — 2025-12-05 00:00:00 D
5 4854 — — Stock Award(Grant) at price 0.00 per share. SAWYER JON D Director — 2025-12-05 00:00:00 D
6 4854 — — Stock Award(Grant) at price 0.00 per share. POMMERAUD LARISSA TIFFANY Director — 2025-12-05 00:00:00 D
7 7042 — — Stock Award(Grant) at price 0.00 per share. SIEGEL TODD E Director — 2025-11-06 00:00:00 D
8 4695 — — Stock Award(Grant) at price 0.00 per share. SAWYER JON D Director — 2025-11-06 00:00:00 D
9 4695 — — Stock Award(Grant) at price 0.00 per share. POMMERAUD LARISSA TIFFANY Director — 2025-11-06 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.000.000.000.00
NormalizedEBITDA-924.89K-11.30M-17.67M-10.73M
TotalUnusualItems13.89M12.87M-9.60M5.59M
TotalUnusualItemsExcludingGoodwill13.89M12.87M-9.60M5.59M
NetIncomeFromContinuingOperationNetMinorityInterest15.66M5.35M-22.08M-9.96M
ReconciledDepreciation200.59K421.43K249.47K154.75K
ReconciledCostOfRevenue3.10M4.30M9.76M9.55M
EBITDA12.97M1.58M-27.27M-5.14M
EBIT12.76M1.16M-27.52M-5.30M
NetInterestIncome-6.35M-4.63M-2.21M-10.83M
InterestExpense6.52M5.04M2.30M10.83M
InterestIncome169.36K412.62K96.48K4.04K
NormalizedIncome1.77M-7.53M-12.48M-15.54M
NetIncomeFromContinuingAndDiscontinuedOperation15.66M5.35M-22.08M-9.96M
TotalExpenses12.77M11.14M19.19M15.87M
TotalOperatingIncomeAsReported-12.00M-10.34M-17.85M-14.95M
DilutedAverageShares28.38M20.12M17.31M13.30M
BasicAverageShares20.98M19.94M17.31M13.30M
DilutedEPS0.070.27-1.28-0.75
BasicEPS0.750.27-1.28-0.75
DilutedNIAvailtoComStockholders1.89M5.34M-22.08M-9.96M
AverageDilutionEarnings-13.77M-4.81K
NetIncomeCommonStockholders15.66M5.35M-22.08M-9.96M
NetIncome15.66M5.35M-22.08M-9.96M
MinorityInterests9.41M9.23M7.74M6.17M
NetIncomeIncludingNoncontrollingInterests6.25M-3.88M-29.82M-16.13M
NetIncomeContinuousOperations6.25M-3.88M-29.82M-16.13M
TaxProvision0.000.000.000.00
PretaxIncome6.25M-3.88M-29.82M-16.13M
OtherIncomeExpense24.60M11.08M-9.76M9.65M
OtherNonOperatingIncomeExpenses10.98M-1.52M-164.61K4.06M
SpecialIncomeCharges-4.98M21.18M315.24K5.59M
OtherSpecialCharges4.98M-21.18M-315.24K-5.59M
EarningsFromEquityInterest-271.83K-278.91K0.00
GainOnSaleOfSecurity18.87M-8.30M-9.91M
NetNonOperatingInterestIncomeExpense-6.35M-4.63M-2.21M-10.83M
InterestExpenseNonOperating6.52M5.04M2.30M10.83M
InterestIncomeNonOperating169.36K412.62K96.48K4.04K
OperatingIncome-12.00M-10.34M-17.85M-14.95M
OperatingExpense9.67M6.84M9.43M6.32M
OtherOperatingExpenses9.89M9.55M
SellingGeneralAndAdministration9.67M6.84M9.43M6.32M
GrossProfit-2.34M-3.49M-8.43M-8.63M
CostOfRevenue3.10M4.30M9.76M9.55M
TotalRevenue768.68K803.80K1.33M921.24K
OperatingRevenue768.68K803.80K1.15M883.79K
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber28.83M20.42M19.54M14.31M
ShareIssued28.83M20.42M19.54M14.31M
NetDebt18.14M19.30M20.95M39.60M
TotalDebt22.94M23.45M22.71M42.36M
TangibleBookValue-18.07M-34.30M-46.30M-27.86M
InvestedCapital6.69M-9.16M-22.08M15.84M
WorkingCapital-16.71M-26.59M-37.85M-49.29M
NetTangibleAssets-18.07M-34.30M-46.30M-27.86M
CapitalLeaseObligations0.00129.14K315.80K478.97K
CommonStockEquity-16.24M-32.48M-44.48M-26.03M
TotalCapitalization-6.39M-24.58M-43.81M-7.56M
TotalEquityGrossMinorityInterest-79.08M-85.91M-88.67M-62.49M
MinorityInterest-62.84M-53.43M-44.20M-36.45M
StockholdersEquity-16.24M-32.48M-44.48M-26.03M
RetainedEarnings-280.44M-296.10M-301.44M-275.09M
AdditionalPaidInCapital264.19M263.62M256.96M249.06M
CapitalStock2.88K2.04K1.95K1.43K
CommonStock2.88K2.04K1.95K1.43K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest97.58M108.66M102.55M71.40M
TotalNonCurrentLiabilitiesNetMinorityInterest75.11M77.19M60.73M18.79M
OtherNonCurrentLiabilities56.95M52.82M45.37M
DerivativeProductLiabilities64.80M68.61M58.97M
NonCurrentDeferredLiabilities455.42K679.71K960.97K0.00
NonCurrentDeferredRevenue0.00
LongTermDebtAndCapitalLeaseObligation9.85M7.90M792.67K18.79M
LongTermCapitalLeaseObligation0.00129.14K315.80K
LongTermDebt9.85M7.90M663.54K18.47M
CurrentLiabilities22.47M31.47M41.82M52.61M
OtherCurrentLiabilities7.08M
CurrentDeferredLiabilities657.33K450.00K
CurrentDebtAndCapitalLeaseObligation13.08M15.54M21.92M23.57M
CurrentCapitalLeaseObligation0.00129.14K186.66K163.17K
CurrentDebt13.08M15.41M21.73M23.41M
OtherCurrentBorrowings13.08M15.41M21.73M23.41M
PensionandOtherPostRetirementBenefitPlansCurrent2.40K5.24K354.19K1.66M
PayablesAndAccruedExpenses9.38M8.83M19.55M27.38M
CurrentAccruedExpenses8.63M8.49M17.26M25.57M
InterestPayable1.02M912.91K12.27M21.88M
Payables748.40K345.38K2.29M1.82M
AccountsPayable748.40K345.38K2.29M1.82M
TotalAssets18.49M22.75M13.87M8.91M
TotalNonCurrentAssets12.73M17.88M9.90M5.59M
OtherNonCurrentAssets34.30K34.30K34.30K34.30K
FinancialAssets455.42K6.37M960.97K
InvestmentsAndAdvances9.89M9.00M3.90M3.25M
LongTermEquityInvestment9.89M9.00M3.90M3.25M
GoodwillAndOtherIntangibleAssets1.82M1.82M1.82M1.82M
OtherIntangibleAssets1.82M1.82M1.82M1.82M
NetPPE534.02K646.22K3.18M479.14K
AccumulatedDepreciation-771.32K-1.30M-5.39M-5.58M
GrossPPE1.31M1.95M8.57M6.06M
OtherProperties255.96K559.29K6.81M461.11K
MachineryFurnitureEquipment1.05M1.27M1.46M5.60M
BuildingsAndImprovements0.00121.57K300.02K
Properties0.000.00
CurrentAssets5.76M4.88M3.98M3.32M
OtherCurrentAssets83.43K119.82K
PrepaidAssets600.20K623.62K947.43K776.63K
Receivables285.76K110.32K1.58M268.87K
OtherReceivables218.44K63.93K
DuefromRelatedPartiesCurrent67.32K46.39K7.51K268.87K
NotesReceivable0.001.58M0.00
CashCashEquivalentsAndShortTermInvestments4.79M4.02M1.44M2.27M
CashAndCashEquivalents4.79M4.02M1.44M2.27M
CashFinancial1.44M2.27M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow557.99K-11.52M-11.69M-5.44M
RepaymentOfDebt-3.54M-11.85M-5.55M-355.27K
IssuanceOfDebt0.0025.47M2.20M1.38M
IssuanceOfCapitalStock3.90M239.30K16.51M713.88K
CapitalExpenditure-84.35K-1.35M-1.48M-19.14K
InterestPaidSupplementalData430.28K172.35K222.73K0.00
IncomeTaxPaidSupplementalData0.000.000.00
EndCashPosition4.79M4.02M1.44M2.27M
BeginningCashPosition4.02M1.44M2.27M6.16M
ChangesInCash770.02K2.58M-831.33K-3.89M
FinancingCashFlow212.03K13.78M11.86M1.21M
CashFlowFromContinuingFinancingActivities212.03K13.78M11.86M1.21M
NetOtherFinancingCharges-122.95K-160.28K-723.55K-500.00K
ProceedsFromStockOptionExercised-18.28K84.73K-585.94K-20.50K
NetCommonStockIssuance3.90M239.30K16.51M713.88K
CommonStockIssuance3.90M239.30K16.51M713.88K
NetIssuancePaymentsOfDebt-3.54M13.61M-3.35M1.02M
NetLongTermDebtIssuance-3.54M13.61M-3.35M1.02M
LongTermDebtPayments-3.54M-11.85M-5.55M-355.27K
LongTermDebtIssuance0.0025.47M2.20M1.38M
InvestingCashFlow-84.35K-1.03M-2.48M322.99K
CashFlowFromContinuingInvestingActivities-84.35K-1.03M-2.48M322.99K
NetOtherInvestingChanges1.00M-1.00M
NetBusinessPurchaseAndSale0.00-1.00M0.00
PurchaseOfBusiness0.00-1.00M0.00
NetPPEPurchaseAndSale-84.35K-1.03M-1.48M322.99K
SaleOfPPE0.00317.75K0.00342.12K
PurchaseOfPPE-84.35K-1.35M-1.48M-19.14K
OperatingCashFlow642.34K-10.17M-10.21M-5.43M
CashFlowFromContinuingOperatingActivities642.34K-10.17M-10.21M-5.43M
InterestPaidCFO-12.65K0.00
ChangeInWorkingCapital-1.94M1.31M8.11M19.66M
ChangeInOtherCurrentLiabilities-129.14K-186.66K-163.17K
ChangeInOtherCurrentAssets59.81K203.99K-170.80K-181.72K
ChangeInPayablesAndAccruedExpense-1.70M886.87K8.69M19.95M
ChangeInAccruedExpense-2.07M2.56M2.72M13.66M
ChangeInPayable372.21K-1.68M5.97M6.29M
ChangeInAccountPayable372.21K-1.68M5.97M6.29M
ChangeInReceivables-175.44K410.39K-254.36K-108.61K
ChangesInAccountReceivables-175.44K-103.90K-241.71K-108.61K
OtherNonCashItems12.00M4.15M-468.95K-3.55M
StockBasedCompensation2.01M585.65K1.81M1.25M
DepreciationAmortizationDepletion200.59K421.43K249.47K154.75K
DepreciationAndAmortization200.59K421.43K249.47K154.75K
Depreciation200.59K421.43K249.47K154.75K
OperatingGainsLosses-17.87M-12.76M9.91M-6.81M
EarningsLossesFromEquityInvestments271.83K278.91K0.00-883.16K
GainLossOnInvestmentSecurities-18.87M8.30M9.91M
GainLossOnSaleOfPPE-4.03K-160.00K0.00-342.12K
NetIncomeFromContinuingOperations6.25M-3.88M-29.82M-16.13M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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