ODYSSEY MARINE EXPLORATION INCOMEXEarnings & Financial Report
Odyssey Marine Exploration, Inc. is an American company engaged in deep-ocean exploration with a focus on the exploration, development and extraction of subsea mineral resources. Starting out as a shipwreck pioneer, Odyssey has discovered some of the most famous deep-ocean shipwrecks in history, including Ancona, Gairsoppa, Nuestra Señora de las Mercedes, Republic, and HMS Victory. Their work has been featured on the Discovery Channel, PBS and National Geographic.
Revenue
$203.1K
Gross Profit
N/A
Operating Profit
$-4.7M
Net Profit
$3.5M
Gross Margin
N/A
Operating Margin
-2323.0%
Net Margin
1722.6%
YoY Growth
-29.7%
EPS
$-0.18
ODYSSEY MARINE EXPLORATION INC Q1 FY2024 Financial Summary
ODYSSEY MARINE EXPLORATION INC reported revenue of $203.1K (down 29.7% YoY) for Q1 FY2024, with a net profit of $3.5M (down 84.3% YoY) (1722.6% margin).
Key Financial Metrics
| Total Revenue | $203.1K |
|---|---|
| Net Profit | $3.5M |
| Gross Margin | N/A |
| Operating Margin | -2323.0% |
| Report Period | Q1 FY2024 |
ODYSSEY MARINE EXPLORATION INC Annual Revenue by Year
ODYSSEY MARINE EXPLORATION INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $768.7K).
| Year | Annual Revenue |
|---|---|
| 2024 | $768.7K |
ODYSSEY MARINE EXPLORATION INC Quarterly Revenue & Net Profit History
ODYSSEY MARINE EXPLORATION INC results over the last 7 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $61.0K | -71.5% | $-13.1M | -21439.5% |
| Q2 FY2025 | $135.0K | -37.4% | $-14.8M | -10998.5% |
| Q1 FY2025 | $135.0K | -33.5% | $2.2M | 1660.4% |
| Q4 FY2024 | $136.1K | — | $-5.0M | -3673.4% |
| Q3 FY2024 | $213.9K | — | $18.7M | 8736.9% |
| Q2 FY2024 | $215.6K | +24.9% | $-1.5M | -708.4% |
| Q1 FY2024 | $203.1K | -29.7% | $3.5M | 1722.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Revenue | $203064 | $215565 | $213901 | $136147 | $135000 | $135000 | $60975 |
| YoY Growth | -29.7% | 24.9% | N/A | N/A | -33.5% | -37.4% | -71.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Assets | $20.6M | $26.3M | $21.8M | $18.5M | $15.8M | $16.6M | $17.7M |
| Liabilities | $111.7M | $120.2M | $98.5M | $97.6M | $95.3M | $106.8M | $101.0M |
| Equity | $-35.1M | $-35.7M | $-16.1M | $-16.2M | $-13.9M | $-52.8M | $-45.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-1.7M | $5.6M | $-1.6M | $-1.8M | $-2.0M | $-2.0M | $-2.1M |