ODYSSEY MARINE EXPLORATION INC
OMEXNasdaqIndustrials · Water Transportation · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $353,719 | $768,677 | $637,190 | $1.3M | $291,676 | $1.0M |
| Operating income | −$13.4M | −$12.0M | −$10.3M | −$17.9M | −$15.0M | −$12.6M |
| Net income | −$43.1M | $15.7M | $6.8M | −$22.1M | −$3.7M | −$2.9M |
| Total assets | $15.8M | $18.5M | $18.7M | $13.9M | $8.9M | $11.8M |
| Total liabilities | $91.4M | $97.6M | $94.6M | $102.5M | $71.4M | $69.7M |
| Equity | −$37.6M | −$16.2M | −$24.9M | −$44.5M | −$26.0M | −$27.6M |
| EPS (diluted) | $-1.10 | $0.07 | $0.46 | $-1.28 | $-0.29 | $-1.41 |
| Shares out. | 29.2M | 20.4M | 19.6M | 14.3M | 12.6M | 9.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −3797.1%
- Net margin
- −12180.6%
- Return on equity
- 114.4%
- Return on assets
- −272.0%
- Return on capital (ROCE)
- −322.8%
- Liabilities / assets
- 576.9%
- Debt / equity
- —
- Book value / share
- $-1.29
- Revenue growth (YoY)
- −54.0%
- Net income growth (YoY)
- −375.2%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -75.75distress
- Accruals / assets
- −216.1%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Aug 15, 2025
- NT 10-Qmissed a reporting deadline ↗May 15, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Old West Investment Management, LlcPassive (13G)May 12, 2026
- Brumder William GeorgePassive (13G)Apr 21, 2026
- Two Seas Capital LpActivist (13D)Apr 13, 2026
- Greywolf Capital Management LpPassive (13G)Mar 4, 2026
- Fourworld Capital Management LlcPassive (13G)Feb 17, 2026
- Capital Latinoamericano, S.A. De C.V.Passive (13G)Jul 31, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 4.3M | 3.7 | +11.3% |
| Apr 30, 2026 | 3.9M | 2.3 | -30.0% |
| Apr 15, 2026 | 5.6M | 1.0 | +93.8% |
| Mar 31, 2026 | 2.9M | 1.9 | +17.5% |
| Mar 13, 2026 | 2.4M | 5.5 | -1.9% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Unregistered equity sale · Other material eventApr 14, 2026
- Entered a material agreement · Unregistered equity sale · Director / officer change · Regulation FD disclosureApr 8, 2026
- Entered a material agreementFeb 27, 2026
- Unregistered equity saleOct 14, 2025
- Unregistered equity saleSep 30, 2025
- Unregistered equity saleSep 23, 2025
- Unregistered equity saleAug 14, 2025
- Unregistered equity saleAug 1, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (2)
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