Saturday 17 October 2026
Export OMEX’s income statement to Excel — free account
Odyssey Marine Exploration, Inc.
OMEX Basic Materials Other Industrial Metals & Mining
Odyssey Marine Exploration, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $353,700.00, down 54.0% from fiscal 2024. In the quarter to June 2026, revenue fell 42.3%, EPS grew 66.7%, free cash flow fell 136.1% and total debt fell 59.7%, each against the same quarter a year earlier.
0.64
0.00
0.00%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 1.80 | 2.98 | 3.16 | 3.10 | 2.10 | 4.93 | 2.29 | 2.77 | 0.30 | 0.27 |
Analyst estimates 2026–2028 Powerpack |
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| High | 9.36 | 5.79 | 13.75 | 8.42 | 8.49 | 8.69 | 7.39 | 4.68 | 5.57 | 4.43 | |||||
| People | |||||||||||||||
| People | Employees | 19 | 17 | 17 | 14 | 14 | 13 | 14 | 11 | 11 | 12 | ||||
| Revenue/emp, $m | 0.25 | 0.07 | 0.19 | 0.22 | 0.15 | 0.07 | 0.10 | 0.07 | 0.07 | 0.03 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 5 | 1 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 0 | ||||
| Gross margin, % | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | |||||
| EBT | (9) | (11) | (9) | (15) | (21) | (16) | (30) | (4) | 6 | (48) | |||||
| EBT margin, % | (193.85) | (882.75) | (277.93) | (504.38) | (1,034.81) | (1,750.74) | (2,234.39) | (483.28) | 812.68 | (13,703.82) | |||||
| Net income | (9) | (11) | (9) | (15) | (21) | (16) | (30) | (4) | 6 | (48) | |||||
| Depreciation | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 3 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 0.62 | 0.15 | 0.38 | 0.33 | 0.19 | 0.07 | 0.08 | 0.04 | 0.04 | 0.01 | ||||
| Earnings | (0.84) | (0.95) | (0.60) | (1.12) | (1.41) | (0.75) | (1.27) | 0.27 | 0.75 | (1.10) | |||||
| Cash flow | (1.10) | (0.71) | (0.75) | (0.58) | (0.87) | (0.41) | (0.59) | (0.51) | 0.03 | (0.23) | |||||
| Capex | 0.01 | 0.01 | 0.12 | 0.00 | 0.00 | 0.02 | (0.09) | (0.05) | 0.00 | 0.00 | |||||
| Free cash flow | (1.09) | (0.70) | (0.64) | (0.58) | (0.87) | (0.38) | (0.68) | (0.56) | 0.03 | (0.23) | |||||
| Book value | (4.11) | (4.63) | (4.80) | (5.70) | (5.50) | (4.70) | (5.12) | (4.31) | (3.77) | (1.92) | |||||
| Shares, m | 8 | 8 | 9 | 9 | 11 | 13 | 17 | 20 | 21 | 39 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.11 | 0.00 | ||||
| P/S | 5.57 | 25.97 | 8.73 | 9.70 | 36.71 | 75.05 | 47.08 | 114.63 | 19.65 | 217.53 | |||||
| P/B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| EV/Sales | 10.57 | 46.99 | 17.93 | 20.83 | 54.58 | 118.04 | 61.60 | 138.64 | 43.25 | 221.71 | |||||
| EV/FCF | (6.01) | (10.16) | (10.76) | (11.72) | (12.10) | (21.31) | (7.03) | (9.95) | 59.60 | (8.85) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | (8) | (6) | (6) | (5) | (9) | (5) | (10) | (10) | 1 | (9) | ||||
| Capex | 0 | 0 | 1 | 0 | — | 0 | (1) | (1) | 0 | 0 | |||||
| Free cash flow | (8) | (6) | (5) | (5) | (9) | (5) | (12) | (11) | 1 | (9) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | (24) | (31) | (37) | (50) | (47) | (49) | (38) | (27) | (17) | (7) | ||||
| Total debt | 25 | 27 | 29 | 34 | 43 | 42 | 22 | 23 | 23 | 5 | |||||
| Net debt | 23 | 26 | 27 | 34 | 36 | 40 | 19 | 19 | 18 | 1 | |||||
| Shareholders’ equity | (31) | (38) | (41) | (53) | (58) | (62) | (89) | (86) | (79) | (76) | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | (105.30) | (192.64) | (122.49) | (193.28) | (173.35) | (96.34) | (193.86) | 29.19 | 75.93 | (250.99) | ||||
| ROIC | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
| ROE | 22.30 | 22.46 | 13.07 | 22.10 | 26.64 | 16.54 | 29.21 | (6.12) | (18.98) | 55.73 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Odyssey Marine Exploration, Inc. vs peers in Other Industrial Metals & Mining (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ATLX Atlas Lithium Corporation | $69.2M | — (loss-making) | — (loss-making) | −33.80% (below 0%: shrinking) | n/m | −38.67% (below 0%: shrinking) | 97.29% | 0.00% | Compare |
| WWR Westwater Resources, Inc. | $54.5M | — (loss-making) | — | — | n/m | +23.54% (above 0%: growing) | 0.00% | 0.00% | Compare |
| NEXM NexMetals Mining Corp. | $52.4M | — (loss-making) | — | — | n/m | +48.49% (above 0%: growing) | — | 0.00% | Compare |
| ELBM Electra Battery Materials Corporation | $49.7M | — (loss-making) | — | — | n/m | −57.28% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| LGO Largo Inc. | $49.5M | — (loss-making) | — (loss-making) | +68.47% (above 0%: growing) | n/m | −714.62% (below 0%: shrinking) | (9.16%) | (21.67%) | Compare |
| XPL Solitario Resources Corp. | $48.8M | — (loss-making) | — (loss-making) | +104.00% (above 0%: growing) | n/m | −71.23% (below 0%: shrinking) | 0.00% | 0.00% | Compare |
| GRFXY Graphex Group Limited Sponsored ADR | $45.1M | — (loss-making) | — | −17.91% (below 0%: shrinking) | n/m | −155.11% (below 0%: shrinking) | 33.07% | 0.00% | Compare |
| OMEX Odyssey Marine Exploration, Inc. | $37.6M | — (loss-making) | — (loss-making) | −42.30% (below 0%: shrinking) | n/m | −136.14% (below 0%: shrinking) | 100.00% | (9,869.58%) | |
| FNUC Snow Lake Resources Ltd. | $33.7M | — (loss-making) | — | — | n/m | −129.62% (below 0%: shrinking) | — | 0.00% | Compare |
| Median of peers | $49.6M | — | — | +25.28% | — | −64.25% | 0.00% | 0.00% |
Odyssey Marine Exploration, Inc. (OMEX) key facts
- Concern: Odyssey Marine Exploration, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $353,700.00, down 54.0% from fiscal 2024.
- Odyssey Marine Exploration, Inc. (OMEX) is an Other Industrial Metals & Mining company in the Basic Materials sector, listed on Nasdaq.
- As of October 16, 2026, OMEX traded at $0.64, a market capitalization of $37.6 million.
- Return on equity was 55.7% and debt-to-equity -0.12.
- Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −31.42 (distress zone) for fiscal 2025.