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Odyssey Marine Exploration (OMEX)
NASDAQ:OMEX

Odyssey Marine Exploration (OMEX) AI Stock Analysis

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Odyssey Marine Exploration

(NASDAQ:OMEX)

28Underperform
Odyssey Marine Exploration's stock is rated poorly due to significant financial weaknesses, including negative equity and persistent losses. The bearish technical indicators and unfavorable valuation further detract from its appeal. Although the recent appointment of Larissa Pommeraud to the board could be a positive strategic move, it does not offset the substantial financial and operational challenges.

Odyssey Marine Exploration (OMEX) vs. S&P 500 (SPY)

Odyssey Marine Exploration Business Overview & Revenue Model

Company DescriptionOdyssey Marine Exploration, Inc., together with its subsidiaries, discovers, validates, and develops seafloor resources worldwide. The company provides specialized mineral exploration, project development, and marine services to clients. It also offers resource assessment, project planning, research, and project management services. The company was founded in 1986 and is headquartered in Tampa, Florida.
How the Company Makes MoneyOdyssey Marine Exploration generates revenue primarily through the exploration and eventual monetization of undersea mineral resources. The company identifies and secures rights to potential sites rich in minerals such as polymetallic nodules, phosphorites, and seafloor massive sulfides, which contain valuable metals like copper, gold, and rare earth elements. Revenue is earned through the sale of recovered minerals, joint ventures, or partnerships with other entities interested in the commercial exploitation of these resources. Strategic partnerships with governments and mining companies also play a crucial role in financing exploration activities and sharing the proceeds from resource extraction.

Odyssey Marine Exploration Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
803.77K803.80K1.33M921.24K2.04M3.07M
Gross Profit
-2.96M-3.49M-8.56M-8.63M-8.89M-4.85M
EBIT
-12.51M-10.34M-17.04M-14.95M-12.64M-10.35M
EBITDA
-3.71M1.58M-27.27M-5.14M-14.03M-9.97M
Net Income Common Stockholders
17.89M5.35M-23.14M-9.96M-14.81M-10.44M
Balance SheetCash, Cash Equivalents and Short-Term Investments
2.92M4.02M1.44M2.27M6.16M213.39K
Total Assets
21.77M22.75M13.28M8.91M11.76M5.33M
Total Debt
8.01M23.45M47.06M42.36M43.21M35.15M
Net Debt
5.09M19.42M45.62M40.08M37.05M34.93M
Total Liabilities
10.30M108.66M89.83M71.40M69.67M58.63M
Stockholders Equity
11.47M-32.48M-32.35M-26.03M-27.63M-29.29M
Cash FlowFree Cash Flow
297.22K-11.52M-10.60M-5.44M-9.18M-5.46M
Operating Cash Flow
1.01M-10.17M-9.25M-5.43M-9.18M-5.44M
Investing Cash Flow
-1.07M-1.03M-2.35M322.99K0.00-15.49K
Financing Cash Flow
-3.72K13.78M10.77M1.21M15.13M2.88M

Odyssey Marine Exploration Risk Analysis

Odyssey Marine Exploration disclosed 29 risk factors in its most recent earnings report. Odyssey Marine Exploration reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Odyssey Marine Exploration Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
HMHMY
76
Outperform
$8.30B13.9125.19%0.81%20.35%20.44%
62
Neutral
$7.25B12.393.08%3.39%3.63%-14.32%
MUMUX
51
Neutral
$361.90M3.61-8.76%4.96%-182.95%
46
Neutral
$41.21M-57.78%-33.14%-170.75%
28
Underperform
$9.62M
-4.37%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
OMEX
Odyssey Marine Exploration
0.33
-3.68
-91.77%
FSM
Fortuna Silver Mines
5.37
0.69
14.74%
GORO
Gold Resource
0.43
-0.18
-29.51%
HMY
Harmony Gold Mining
13.00
4.17
47.23%
MUX
McEwen Mining
6.71
-4.60
-40.67%
TGB
Taseko Mines
1.83
-0.62
-25.31%

Odyssey Marine Exploration Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
Odyssey Marine Exploration Appoints Larissa Pommeraud to Board
Positive
Mar 3, 2025

On March 3, 2025, Odyssey Marine Exploration announced the appointment of Larissa Pommeraud to its Board of Directors. Ms. Pommeraud, known for her expertise in corporate strategy and environmental sustainability, is expected to significantly contribute to Odyssey’s vision for sustainable mineral sourcing and global food security. Her extensive experience in corporate leadership and her commitment to responsible exploration align with Odyssey’s mission, potentially strengthening the company’s industry positioning and stakeholder relations.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.