OverviewSuggest Edit

Ocean Bio-Chem (also known as OBCI) is a company engaged in the manufacture, marketing, and distribution of appearance, performance, and maintenance products for the marine, automotive, power sports, recreational vehicle, home care, and outdoor power equipment markets. It sells its products under the Star brite and Star Tron brand names. The company also manufactures, markets, and distributes chlorine dioxide-based deodorizing disinfectant and sanitizing products under the Star brite and Performacide brand names.

TypePublic
Founded1973
HQDavie, FL, US
Websiteoceanbiochem.com
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)149(-1%)
Revenue (FY, 2019)$42.3 M(+2%)
Share Price (Feb 2021)$9.9 (-3%)
Cybersecurity ratingDMore

Key People/Management at Ocean Bio-Chem

Peter G. Dornau

Peter G. Dornau

President, CEO, and Chairman
Gregor M. Dornau

Gregor M. Dornau

Executive Vice President
Jeffrey S. Barocas

Jeffrey S. Barocas

Chief Financial Officer
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Ocean Bio-Chem Office Locations

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

Ocean Bio-Chem Revenue

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

Revenue (Q2, 2020)

15.7m

Gross profit (Q2, 2020)

7.7m

Gross profit margin (Q2, 2020), %

49.1%

Net income (Q2, 2020)

3.5m

EBIT (Q2, 2020)

4.4m

Market capitalization (19-Feb-2021)

92.5m

Closing stock price (19-Feb-2021)

9.9

Cash (30-Jun-2020)

4.7m

EV

92.7m
Ocean Bio-Chem's current market capitalization is $92.5 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, 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

69/100

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Ocean Bio-Chem Online and Social Media Presence

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Ocean Bio-Chem Company Culture

  • Overall Culture

    D-

    51/100

  • CEO Rating

    F

    50/100

  • Compensation

    A+

    100/100

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Ocean Bio-Chem News and Updates

Ocean Bio-Chem, Inc. Reports Record Net Sales for both the Fourth Quarter and the Full Year of 2020, both up 32%

FORT LAUDERDALE, Fla., Jan. 19, 2021 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net sales for both the fourth quarter and the full year 2020. For the fourth quarter of 2020, net sales were approximately $12.9 million, compared to approximately $9.7 million...

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, Inc. Reports Record Third Quarter and Nine Month Financial Results for 2020

 - Third-quarter 2020 - Net Income up 315% to $4.7 million or $0.49 per share - Nine Months 2020 - Net Income up 207% to $8.7 million or $0.92 per share   FORT LAUDERDALE, Fla., Nov. 16, 2020 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net income for both the third-qua…

Ocean Bio-Chem, Inc. Reports Record Net Sales

 - Third Quarter of 2020 - 53% increase compared to Third Quarter of 2019 - First Nine Months of 2020 - 31% increase compared to the first nine months of 2019   FORT LAUDERDALE, Fla., Oct. 19, 2020 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today record net sales for both the thir…

Ocean Bio-Chem, Inc. Reports Record Income and Sales

FORT LAUDERDALE, Fla., Aug. 10, 2020 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its record financial results for the second quarter and first six months of 2020. Record second quarter 2020 net income was approximately $3.5 million compared to net income of approximately $1.0…

Ocean Bio-Chem, Inc. Reports First Quarter 2020 Results

 First Quarter Net Sales of $7.8 Million, and Net Income of $627,000 FORT LAUDERDALE, Fla., May 15, 2020 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI) announced today its first quarter 2020 financial results.  For the first quarter of 2020, the Company reported net sales of approximately $7.8…

Ocean Bio-Chem, Inc. Granted Additional Patent from U.S. Patent and Trademark Office for Disinfectant/Sanitizer Pouch Delivery System for Performacide®

 Performacide® included on EPA's list of products qualified for use against virus that causes COVID-19 FORT LAUDERDALE, Fla., April 27, 2020 /PRNewswire/ -- Ocean Bio-Chem, Inc. (NASDAQ: OBCI), has announced that its wholly owned subsidiary has been granted an additional patent for the Company's Dis…

OCEAN BIO-CHEM, INC. SUBSIDIARY STAR BRITE, INC. ANNOUNCES REGISTERED EPA PRODUCT KILLS THE CORONAVIRUS

 FORT LAUDERDALE, Fla., January 27, 2020 — Ocean Bio-Chem, Inc. (NASDAQ: OBCI) today announced that its’ subsidiary Star brite Inc. product PERFORMACIDE® is registered with the U.S. Environmental Protection Agency (EPA) as a virucide effective against coronavirus, when used as directed. Coronavirus …
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Ocean Bio-Chem Frequently Asked Questions

  • When was Ocean Bio-Chem founded?

    Ocean Bio-Chem was founded in 1973.

  • Who are Ocean Bio-Chem key executives?

    Ocean Bio-Chem's key executives are Peter G. Dornau, Gregor M. Dornau and Jeffrey S. Barocas.

  • How many employees does Ocean Bio-Chem have?

    Ocean Bio-Chem has 149 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 $283.6 k.

  • Who are Ocean Bio-Chem competitors?

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

  • 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.