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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›OMEX›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

ODYSSEY MARINE EXPLORATION INC (OMEX) financials

Income statement

ODYSSEY MARINE EXPLORATION INC (OMEX) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$4.68M$1.25M$3.28M$3.07M$2.04M$921K$1.33M$804K$769K$354K
Revenue growth—-73.3%162.4%-6.2%-33.7%-54.8%44.9%-39.8%-4.4%-54.0%
Operating income-$10.6M-$8.36M-$6.07M-$10.3M-$12.6M-$15.0M-$17.9M-$10.3M-$12.0M-$13.4M
Operating margin-225.3%-669.4%-185.2%-336.7%-619.9%-1622.9%-1337.6%-1286.1%-1561.8%-3797.1%
Net income-$6.32M-$7.76M-$5.17M-$10.4M-$14.8M-$9.96M-$22.1M$5.35M$15.7M-$43.1M
Net margin-134.9%-621.5%-157.9%-339.7%-726.7%-1080.8%-1654.3%665.1%2037.0%-12180.6%
EPS (diluted)-$0.84-$0.95-$0.60-$1.12-$1.41-$0.75-$1.28$0.27$0.07-$1.10

Cash flow

ODYSSEY MARINE EXPLORATION INC (OMEX) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$8.31M-$5.85M-$6.45M-$5.44M-$9.18M-$5.43M-$10.2M-$10.2M$642K-$8.85M
Capital expenditures$130K—$9.62K$15.5K$0.00$19.1K$1.48M$1.35M$84.3K$16.1K
Free cash flow-$8.43M—-$6.46M-$5.46M-$9.18M-$5.44M-$11.7M-$11.5M$558K-$8.87M

Balance sheet

ODYSSEY MARINE EXPLORATION INC (OMEX) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.66M$1.11M$2.79M$213K$6.16M$2.27M$1.44M$4.02M$4.79M$3.52M
Total assets$5.08M$2.97M$5.47M$5.33M$11.8M$8.91M$13.9M$22.8M$18.5M$15.8M
Total liabilities$36.2M$41.0M$46.7M$58.6M$69.7M$71.4M$103M$109M$97.6M$91.4M
Long-term debt$4.34M$3.00M————————
Shareholders' equity-$19.0M-$22.6M-$21.9M-$29.3M-$27.6M-$26.0M-$44.5M-$32.5M-$16.2M-$37.6M
Retained earnings-$227M-$235M-$240M-$250M-$265M-$275M-$301M-$296M-$280M-$324M
Shares (wtd avg diluted)7.56M8.21M8.58M9.35M10.5M13.3M17.3M20.1M28.4M39.3M

Every figure is extracted from ODYSSEY MARINE EXPLORATION INC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is ODYSSEY MARINE EXPLORATION INC's annual revenue?
ODYSSEY MARINE EXPLORATION INC (OMEX) reported $354K of revenue for fiscal year 2025 — down 54.0% from $769K in FY2024, per its annual report filed with the SEC.
Is ODYSSEY MARINE EXPLORATION INC profitable?
Not in FY2025 — OMEX reported a net loss of $43.1M, per SEC filings.
What is ODYSSEY MARINE EXPLORATION INC's free cash flow?
-$8.87M in FY2025 (operating cash flow -$8.85M minus $16.1K of capital expenditures), from the SEC cash-flow statement.
Does OMEX pay a dividend?
ODYSSEY MARINE EXPLORATION INC reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full OMEX analysis — verdict, score & filings →Is OMEX a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.