ODYSSEY MARINE EXPLORATION INC

ODYSSEY MARINE EXPLORATION INCOMEXEarnings & Financial Report

Nasdaq · Industrials · Water Transportation

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

$135.0K

Gross Profit

N/A

Operating Profit

$-2.2M

Net Profit

$2.2M

Gross Margin

N/A

Operating Margin

-1648.6%

Net Margin

1660.4%

YoY Growth

-33.5%

EPS

$0.01

ODYSSEY MARINE EXPLORATION INC Q1 FY2025 Financial Summary

ODYSSEY MARINE EXPLORATION INC reported revenue of $135.0K (down 33.5% YoY) for Q1 FY2025, with a net profit of $2.2M (down 35.9% YoY) (1660.4% margin).

Key Financial Metrics

Total Revenue$135.0K
Net Profit$2.2M
Gross MarginN/A
Operating Margin-1648.6%
Report PeriodQ1 FY2025

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).

YearAnnual 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.

QuarterRevenueRevenue YoYNet ProfitNet 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%$2.2M1660.4%
Q4 FY2024$136.1K$-5.0M-3673.4%
Q3 FY2024$213.9K$18.7M8736.9%
Q2 FY2024$215.6K+24.9%$-1.5M-708.4%
Q1 FY2024$203.1K-29.7%$3.5M1722.6%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$203064$215565$213901$136147$135000$135000$60975
YoY Growth-29.7%24.9%N/AN/A-33.5%-37.4%-71.5%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 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 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-1.7M$5.6M$-1.6M$-1.8M$-2.0M$-2.0M$-2.1M