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)
Tampa, US
Size (employees)
22 (est)
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 Metrics

Odyssey Marine Exploration Financial Metrics

Revenue (2016)

$4.7 m

Revenue growth (2015-16), %


Market capitalization (21-Mar-2017)

$27.9 m

Closing share price (21-Mar-2017)


Cash (31-Dec-2016)

$1.7 m
Odyssey Marine Exploration's current market capitalization is $27.9 m.
Odyssey Marine Exploration's revenue was reported to be $4.7 m in 2016
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016


$21 m$15.7 m$13.2 m$23.9 m$1.3 m$5.3 m$4.7 m

Revenue growth, %


Cost of goods sold

$191.1 k$415 k$235.5 k$694.8 k$247.1 k$1.4 m

Gross profit

$20.8 m$15.3 m$13 m$23.2 m$1.1 m$3.9 m

Gross profit Margin, %


Operating expense total

$40.9 m$29.5 m$26.9 m$15.2 m


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

EBIT margin, %


Interest expense

$515.9 k$1.2 m$6.3 m$3.6 m$1.6 m$4.6 m$2.4 m

Interest income


Pre tax profit

($21.3 m)($9.1 m)

Income tax expense

$496.1 k($481.1 k)$481.1 k$481.1 k

Net Income

($10.7 m)($28.7 m)($21.3 m)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


$2.1 m$235.8 k$8 m$10.1 m$21.3 m$3.1 m$2.2 m$1.7 m

Accounts Receivable

$207 k


$314.7 k$675 k$675 k

Current Assets

$33.6 m$11.5 m$3.5 m$2.8 m

Total Assets

$51.5 m$25.1 m$6.9 m$5.1 m

Accounts Payable

$3.5 m$5.1 m$1.6 m$1.4 m

Current Liabilities

$27.9 m$19 m$24.7 m$27.2 m

Non-Current Liabilities

$10.3 m$16.5 m$7.8 m$9 m

Total Liabilities

$38.3 m$35.5 m$32.5 m$36.2 m

Preferred Stock

Additional Paid-in Capital

$193.3 m$198.3 m$204.4 m$208 m

Retained Earnings

($176 m)($202.4 m)($220.6 m)($227 m)
FY, 2013FY, 2014FY, 2015FY, 2016

Depreciation and Amortization

$1.9 m$5.5 m$1.4 m$1.1 m

Accounts Receivable

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


$472.7 k($264.9 k)$1.2 m$1.2 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 m$13.3 m$15.5 m$7.7 m

Interest Paid

$623.2 k$989.6 k$1.4 m$893.5 k

Income Taxes Paid

$15 k$15 k$15 k

Odyssey Marine Exploration Market Value History

Odyssey Marine Exploration Online Presence

Odyssey Marine Exploration Company Life

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