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 Data and Metrics

Odyssey Marine Exploration Financial Metrics

Odyssey Marine Exploration's revenue was reported to be $4.7 m in 2016
$, USD

Revenue (Y, 2016)

4.7 m

Revenue growth (Y, 2015 - Y, 2016), %


EBIT (Y, 2016)

(10.6 m)

Market capitalization (23-Jun-2017)

30.6 m

Closing share price (23-Jun-2017)


Cash (31-Dec-2016)

1.7 m
Odyssey Marine Exploration's current market capitalization is $30.6 m.
$, USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015Y, 2016


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

Revenue growth, %


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, %


Operating expense total

40.9 m29.5 m26.9 m15.2 m


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

EBIT margin, %


Interest expense

515.9 k1.2 m6.3 m3.6 m1.6 m4.6 m2.4 m

Interest income


Pre tax profit

(21.3 m)(9.1 m)

Income tax expense

496.1 k(481.1 k)481.1 k481.1 k

Net Income

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


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

Accounts Receivable

207 k


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)
$, 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


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

Odyssey Marine Exploration Market Value History

Odyssey Marine Exploration Online and Social Media Presence

Odyssey Marine Exploration Company Life and Culture

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