Odyssey Marine Exploration

Odyssey Marine Exploration was founded in 1994 on the following beliefs:

  • There are billions of dollars in valuable materials on the ocean floor;
  • The technology exists to find and recover these treasures, artifacts, cargo and naturally-occurring mineral deposits;
  • Good business and sound scientific practice can co-exist and thrive together;
  • The treasures and the knowledge recovered from the deep ocean should be shared with the world. 

From the start, Odyssey's business plan envisioned the discovery of valuable and interesting assets from the deep-ocean over an extended period of time. This successful strategy has enabled us to bring the world's finest deep-ocean technology and equipment together with the most qualified and brightest researchers, engineers, technicians and scientist from all corners of the globe and we continue to attract the best minds in this emerging industry. 


We have surveyed and mapped more than 26,000 square miles of seabed and spent more than 14,000 hours diving on sites using advanced robotic technology. Our expert team has discovered hundreds of shipwrecks ranging from third-century BC Punic sites to WWII casualties. We’ve also explored some of the most famous shipwreck finds to date.

Our important discoveries also uncover priceless new knowledge and history from the depths. As we recover these shipwreck treasures, once believed lost forever, we also resurrect intriguing stories that offer a rare and fascinating window into historic events which would otherwise remain obscure.

Company Growth (employees)
Type
Public
HQ
Tampa, US
Founded
1994
Size (employees)
19 (est)-13%
Odyssey Marine Exploration was founded in 1994 and is headquartered in Tampa, US

Odyssey Marine Exploration Office Locations

Odyssey Marine Exploration has an office in Tampa
Tampa, US (HQ)
5215 W Laurel St

Odyssey Marine Exploration Data and Metrics

Odyssey Marine Exploration Financial Metrics

Odyssey Marine Exploration's revenue was reported to be $649.4 k in Q1, 2017
USD

Revenue (Q1, 2017)

649.4 k

Net income (Q1, 2017)

(2.2 m)

Market capitalization (18-Aug-2017)

33.1 m

Cash (31-Mar-2017)

1.1 m
Odyssey Marine Exploration's current market capitalization is $33.1 m.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

21 m15.7 m13.2 m23.9 m1.3 m5.3 m4.7 m

Revenue growth, %

(25%)(16%)81%(94%)303%(12%)

Cost of goods sold

191.1 k415 k235.5 k694.8 k247.1 k1.4 m

Gross profit

20.8 m15.3 m13 m23.2 m1.1 m3.9 m

Gross profit Margin, %

99%97%98%97%81%73%

EBIT

(17 m)(28.2 m)(21.5 m)(10.6 m)

EBIT margin, %

(71%)(2131%)(404%)(225%)

Interest income

137137

Pre tax profit

(21.3 m)(9.1 m)

Net Income

(10.7 m)(28.7 m)(21.3 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

348.3 k120 k115.3 k443.5 k1.5 m582.5 k1.2 m2.9 m649.4 k

EBIT

(4.9 m)(7.8 m)(9 m)(6 m)(4.4 m)(2 m)(2.2 m)

EBIT margin, %

(1393%)(6501%)(7802%)(1345%)(298%)(165%)(76%)

Interest income

22.6 k557593627593627

Net Income

(2.2 m)
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

2.1 m235.8 k8 m10.1 m21.3 m3.1 m2.2 m1.7 m

Accounts Receivable

207 k282 k

Inventories

314.7 k675 k675 k

Current Assets

33.6 m11.5 m3.5 m2.8 m

Total Assets

51.5 m25.1 m6.9 m5.1 m

Accounts Payable

3.5 m5.1 m1.6 m1.4 m

Current Liabilities

27.9 m19 m24.7 m27.2 m

Non-Current Liabilities

10.3 m16.5 m7.8 m9 m

Total Liabilities

38.3 m35.5 m32.5 m36.2 m

Additional Paid-in Capital

193.3 m198.3 m204.4 m208 m

Retained Earnings

(176 m)(202.4 m)(220.6 m)(227 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

5.7 m3.7 m704.5 k5.6 m1.8 m2.8 m1.8 m529.5 k1.1 m

Accounts Receivable

6.3 m6.3 m

Inventories

662 k676.4 k569.3 k336 k335 k

Current Assets

11.8 m12.1 m8.8 m7 m3.5 m4.2 m4.1 m2.2 m1.9 m

Total Assets

29.4 m27.3 m21.1 m25.3 m20.6 m7.2 m6.8 m4.8 m4 m

Accounts Payable

4.1 m3.8 m6.3 m2.5 m2.4 m1.8 m1.3 m2.1 m1.7 m

Current Liabilities

18 m19.4 m22.3 m32.2 m39.8 m23.1 m24.8 m24.6 m28 m

Non-Current Liabilities

9.2 m12.6 m16.2 m16.5 m9 m8.8 m8.9 m8.9 m9.8 m

Preferred Stock

144.5 m3

Additional Paid-in Capital

197 m197.8 m201.4 m202.2 m203 m205.9 m206.3 m207.2 m208.2 m

Retained Earnings

(189.8 m)(197.2 m)(212.1 m)(218.3 m)(222.8 m)(220.5 m)(222.4 m)(224.5 m)(229.1 m)

Total Equity

2.2 m(4.7 m)

Financial Leverage

13.6 x-5.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Depreciation and Amortization

1.9 m5.5 m1.4 m1.1 m

Accounts Receivable

1.8 m(6.3 m)(616 k)297.8 k

Inventories

472.7 k(264.9 k)1.2 m1.2 m

Accounts Payable

1.5 m(242 k)(3.5 m)(329.9 k)

Cash From Operating Activities

11.2 m(18.2 m)(902.2 k)

Purchases of PP&E

(4.5 m)(3 m)(48.4 k)(129.7 k)

Cash From Financing Activities

35.8 m13.3 m15.5 m7.7 m

Interest Paid

623.2 k989.6 k1.4 m893.5 k

Income Taxes Paid

15 k15 k15 k
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

(2.2 m)

Depreciation and Amortization

1.3 m3.8 m404.5 k751.1 k1.1 m325.2 k598.2 k835.4 k222.2 k

Accounts Receivable

(3.6 m)(6.2 m)98.2 k(94.6 k)(411.2 k)(25 k)(798.3 k)(478.4 k)118.2 k

Inventories

(293.2 k)(286.5 k)136 k464.4 k972.4 k136 k464.4 k972.4 k

Accounts Payable

590.9 k359.4 k1.3 m(2.6 m)(2.6 m)244.6 k(279.2 k)371.8 k259.4 k

Purchases of PP&E

(2.6 m)(2.8 m)(38.5 k)(42.8 k)(42.8 k)(51.2 k)(58.8 k)(125.2 k)(51.2 k)

Cash From Investing Activities

141.2 k74.9 k

Cash From Financing Activities

3.5 m8.2 m1.1 m13.9 m13.3 m3.2 m4.7 m4.7 m621.2 k

Interest Paid

428.1 k648.5 k364 k724.4 k1.1 m320.1 k718.7 k798.3 k114.9 k

Income Taxes Paid

15 k15 k15 k15 k15 k
USDY, 2017

Revenue/Employee

31.7 k

Odyssey Marine Exploration Market Value History

Traffic Overview of Odyssey Marine Exploration

Odyssey Marine Exploration Online and Social Media Presence

Odyssey Marine Exploration Company Life and Culture

You may also be interested in