ODYSSEY MARINE EXPLORATION INC Income Statement
OMEX|8 years of annual SEC 10-K data (FY2011-FY2023)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
ODYSSEY MARINE EXPLORATION INC reported $183,935 in revenue and $22M in net loss for FY2023. Revenue has declined at a 23.2% compound annual rate over the past 12 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -3.51 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2023 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $183.9K | $5.3M | $1.3M | $23.9M | $13.2M | $15.7M | $21.0M | $4.3M |
| Cost of Revenue | - | $1.4M | $247.1K | $694.8K | $235.5K | $415.0K | $191.1K | $680.5K |
| Gross Profit | - | $649.4K | $582.5K | -$97.6K | $446.5K | $717.4K | $2.9M | - |
| SG&A Expense | $9.4M | $11.5M | $9.8M | $14.2M | $10.6M | $9.4M | $9.2M | $9.4M |
| Operating Income | -$17.9M | -$21.5M | -$28.2M | -$17.0M | -$15.6M | -$15.4M | -$16.4M | -$18.4M |
| Interest Expense | $2.3M | $4.6M | $1.6M | $3.6M | $6.3M | $1.2M | $515.9K | $334.4K |
| Income Tax | $0 | $0 | -$481.1K | $496.1K | $496.1K | $496.1K | - | - |
| Net Income | -$22.1M | -$18.2M | -$26.5M | -$10.7M | -$18.2M | -$16.2M | -$23.3M | -$18.6M |
| EPS (Basic) | -$1.28 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$1.28 | -$2.46 | -$3.74 | -$1.61 | -$0.25 | -$0.28 | -$0.36 | -$0.33 |
| Shares Outstanding | 19.5M | 7.7M | 7.5M | 7.1M | 83.9M | 75.4M | 73.1M | 67.1M |
| Gross Margin | - | 12.2% | 44.0% | -0.4% | 3.4% | 4.6% | 13.7% | - |
| Operating Margin | -9706.3% | -403.8% | -2131.2% | -71.0% | -118.1% | -97.7% | -78.1% | -422.2% |
| Profit Margin | -12004.2% | -341.6% | -2001.2% | -44.9% | -137.8% | -103.2% | -111.1% | -428.5% |