OverviewSuggest Edit

Ocean Bio-Chem is a leading manufacturer and distributor of maintenance and appearance products for the marine, automotive, recreational vehicle and home care markets. The Company offers its services under the Star brite and Star Tron brand names. Ocean Bio-Chemproduces private label formulations of its products for various customers and provides custom blending and packaging services for these and other products.

TypePublic
Founded1973
HQDavie, US
Websiteoceanbiochem.com

Latest Updates

Employees (est.) (Dec 2018)151(+8%)
Revenue (FY, 2019)$42.3 M(+2%)
Share Price (Aug 2020)$19.3 (+4%)
Cybersecurity ratingDMore

Ocean Bio-Chem Office Locations

Ocean Bio-Chem has an office in Davie
Davie, US (HQ)
4041 SW 47th Ave
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Ocean Bio-Chem Financials and Metrics

Ocean Bio-Chem Revenue

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Ocean Bio-Chem's revenue was reported to be $42.26 m in FY, 2019
USD

Revenue (Q1, 2020)

7.8m

Gross profit (Q1, 2020)

3.1m

Gross profit margin (Q1, 2020), %

40.2%

Net income (Q1, 2020)

626.9k

EBIT (Q1, 2020)

691.2k

Market capitalization (7-Aug-2020)

182.6m

Closing stock price (7-Aug-2020)

19.3

Cash (31-Mar-2020)

6.1m

EV

181.3m
Ocean Bio-Chem's current market capitalization is $182.6 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

31.7m31.0m32.7m33.9m34.0m36.2m38.9m41.8m42.3m

Cost of goods sold

21.0m20.4m21.8m21.8m22.6m22.3m24.4m27.4m26.7m

Gross profit

10.7m10.6m10.9m12.1m11.3m13.9m14.5m14.4m15.6m

Gross profit Margin, %

34%34%33%36%33%38%37%34%37%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

8.2m9.9m6.0m7.9m10.3m6.3m8.2m10.4m5.9m8.8m10.4m6.0m8.7m10.8m6.8m8.7m12.2m8.4m9.9m11.7m8.4m11.4m13.2m9.1m10.9m12.5m7.8m

Cost of goods sold

5.2m6.5m3.9m5.0m7.0m4.1m5.2m7.3m3.8m5.4m6.8m4.0m5.6m7.3m4.4m5.1m7.3m5.3m5.6m7.5m5.4m6.7m8.7m5.7m6.4m8.1m4.7m

Gross profit

3.0m3.3m2.1m2.9m3.3m2.2m3.0m3.2m2.1m3.4m3.6m2.0m3.2m3.6m2.4m3.7m4.9m3.1m4.3m4.1m3.0m4.7m4.5m3.4m4.5m4.4m3.1m

Gross profit Margin, %

36%34%36%36%32%36%36%30%35%39%34%34%36%33%35%42%40%37%43%35%36%41%34%38%41%35%40%
USDQ2, 2011

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Ocean Bio-Chem Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

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Ocean Bio-Chem Online and Social Media Presence

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Ocean Bio-Chem News and Updates

Ocean Bio-Chem, Inc. Reports Second Quarter and Six Month 2019 Results

FORT LAUDERDALE, Fla., Aug. 14, 2019 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its financial results for the second quarter and first six months of 2019. For the second quarter of 2019, net sales were approximately $10.9 million, compared to net sales of...

Ocean Bio-Chem, Inc. Reports 2018 Full Year and Fourth Quarter Net Income and Net Sales

FORT LAUDERDALE, Fla., March 29, 2019 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced its full year and fourth quarter 2018 financial results. The Company's 2018 net income was approximately $2.8 million, compared to 2017 net income of $2.6 million, an increase of...

Ocean Bio-Chem, Inc. Reports Record Third Quarter Net Sales and 49% Increase in Third Quarter Net Income

FORT LAUDERDALE, Fla., Nov. 14, 2018 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its financial results for the third quarter and the first nine months of 2018. For the three months ended September 30, 2018, the Company reported record net sales of approximately $13....

Ocean Bio-Chem, Inc. Announces the Acquisition of Snappy Marine, Inc.

FORT LAUDERDALE, Fla., Aug. 6, 2018 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) subsidiary Star brite Distributing, Inc. announces the acquisition of Snappy Marine, Inc. a leading manufacturer and distributor of teak care products, for the marine industry. Peter Dornau, President...

Ocean Bio-Chem Blogs

Ocean Bio-Chem Frequently Asked Questions

  • When was Ocean Bio-Chem founded?

    Ocean Bio-Chem was founded in 1973.

  • How many employees does Ocean Bio-Chem have?

    Ocean Bio-Chem has 151 employees.

  • What is Ocean Bio-Chem revenue?

    Latest Ocean Bio-Chem annual revenue is $42.3 m.

  • What is Ocean Bio-Chem revenue per employee?

    Latest Ocean Bio-Chem revenue per employee is $279.9 k.

  • Who are Ocean Bio-Chem competitors?

    Competitors of Ocean Bio-Chem include Venator Materials, PQ Corporation and Highwater Ethanol.

  • Where is Ocean Bio-Chem headquarters?

    Ocean Bio-Chem headquarters is located at 4041 SW 47th Ave, Davie.

  • Where are Ocean Bio-Chem offices?

    Ocean Bio-Chem has an office in Davie.

  • How many offices does Ocean Bio-Chem have?

    Ocean Bio-Chem has 1 office.