OMEX - Odyssey Marine Expl... Stock Analysis | Stock Taper
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Odyssey Marine Exploration, Inc.

OMEX

Odyssey Marine Exploration, Inc. NASDAQ
$1.08 -2.57% (-0.03)

Market Cap $34.10 M
52w High $4.43
52w Low $0.39
P/E -0.98
Volume 3.00M
Outstanding Shares 31.14M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $22.74K $4M $-17.41M -76.53K% $-0.39 $-4.68M
Q3-2025 $60.98K $1.38M $-13.07M -21.44K% $-0.31 $-12.14M
Q2-2025 $135K $3.81M $-14.85M -11K% $-0.48 $-15.87M
Q1-2025 $135K $1.79M $2.24M 1.66K% $0.08 $787.16K
Q4-2024 $136.15K $1.7M $-5M -3.67K% $-0.24 $-5.96M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $3.52M $15.84M $91.38M $-37.65M
Q3-2025 $5.82M $17.74M $101.04M $-45.4M
Q2-2025 $3.55M $16.57M $106.84M $-52.81M
Q1-2025 $2.46M $15.83M $95.27M $-13.95M
Q4-2024 $4.79M $18.49M $97.58M $-16.24M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-17.41M $-2.82M $-14.51K $535.34K $-2.3M $-2.84M
Q3-2025 $-13.07M $-2.09M $-159.09K $4.52M $2.26M $-2.1M
Q2-2025 $-14.85M $-1.98M $0 $3.07M $1.09M $-1.98M
Q1-2025 $2.24M $-1.96M $0 $-376.89K $-2.33M $-1.96M
Q4-2024 $-5M $-1.89M $4.03K $3.82M $1.93M $-1.89M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Marine Services
Marine Services
$0 $0 $0 $0

5-Year Trend Analysis

A comprehensive look at Odyssey Marine Exploration, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

OMEX’s key strengths are its long-standing deep-ocean expertise, proprietary exploration and environmental tools, and a partnership-based business model that can earn both service income and equity in multiple projects. It has positioned itself in a potentially important segment tied to critical minerals for agriculture and clean energy. On the financial side, it carries no long-term debt and holds cash that exceeds its formal debt balances, which offers at least some flexibility in the near term.

! Risks

The company faces very substantial risks. It is heavily loss-making, with deeply negative equity and large accumulated deficits, pointing to ongoing solvency concerns. Operations consume significant cash and are not self-funding, making OMEX reliant on new financing and supportive partners. Regulatory and environmental opposition to deep-sea mining, long project timelines, technological execution risks, and competition from better-capitalized or more conventional resource projects all add further uncertainty.

Outlook

The outlook is highly uncertain and strongly dependent on external factors. If key projects progress smoothly through regulatory processes, if supportive policies for offshore critical minerals expand, and if OMEX can continue raising capital, its specialized capabilities could translate into meaningful project value over time. Conversely, delays, denials, or funding constraints could prolong or deepen financial distress. In essence, OMEX currently represents a high-risk, high-uncertainty profile where the strategic and technological story is promising, but the financial foundation is fragile and unproven.