(OMEX) Odyssey Marine Exploration - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US6761182012

Stock: Polymetallic Nodules, Subsea Phosphates, Marine Services

Total Rating 49
Risk 94
Buy Signal -0.57

EPS (Earnings per Share)

EPS (Earnings per Share) of OMEX over the last years for every Quarter: "2020-12": -0.19, "2021-03": -0.3, "2021-06": -0.17, "2021-09": -0.31, "2021-12": 0.01, "2022-03": -0.57, "2022-06": -0.3, "2022-09": -0.28, "2022-12": -0.2442, "2023-03": 0.8345, "2023-06": -0.2874, "2023-09": -0.1904, "2023-12": -0.4024, "2024-03": -0.1845, "2024-06": -0.0746, "2024-09": 0.1326, "2024-12": -0.22, "2025-03": 0.012, "2025-06": -0.42, "2025-09": -0.3144,

Revenue

Revenue of OMEX over the last years for every Quarter: 2020-12: 0.301313, 2021-03: 0.291676, 2021-06: 0.182334, 2021-09: 0.197051, 2021-12: 0.250177, 2022-03: 0.299606, 2022-06: 0.390278, 2022-09: 0.358409, 2022-12: 0.286409, 2023-03: 0.288739, 2023-06: 0.172575, 2023-09: 0.175876, 2023-12: 0.166609, 2024-03: 0.203064, 2024-06: 0.215565, 2024-09: 0.213901, 2024-12: 0.136147, 2025-03: 0.135, 2025-06: 0.135, 2025-09: 0.060975,
Risk 5d forecast
Volatility 203%
Relative Tail Risk -21.0%
Reward TTM
Sharpe Ratio 1.38
Alpha 194.76
Character TTM
Beta 1.803
Beta Downside 0.696
Drawdowns 3y
Max DD 94.60%
CAGR/Max DD -0.20

Description: OMEX Odyssey Marine Exploration December 22, 2025

Odyssey Marine Exploration, Inc. (NASDAQ: OMEX) focuses on discovering, validating, and developing seafloor mineral resources, notably polymetallic nodules that supply battery-grade nickel, copper, cobalt and manganese, as well as subsea phosphate deposits used in fertilizer production. The firm also conducts exploration for gold and offers a suite of marine-operations, regulatory-compliance, and research services to governments, rights holders, and industry partners worldwide, operating from its Tampa, Florida headquarters.

Key sector drivers include the accelerating demand for battery metals-projected to grow at a CAGR of ~12% through 2030-and the tightening global supply of phosphate, which underpins agricultural fertilizer markets. In FY 2023, OMEX reported a cash burn of roughly $15 million while maintaining a modest cash runway of $30 million, reflecting the capital-intensive nature of deep-sea exploration. The company’s progress is also tied to regulatory milestones with the International Seabed Authority, which governs licensing for seabed mining and can materially affect project timelines.

For a deeper quantitative view, ValueRay’s platform provides granular financial and operational metrics that can help you model OMEX’s upside.

Piotroski VR‑10 (Strict, 0-10) 1.0

Net Income: -30.7m TTM > 0 and > 6% of Revenue
FCF/TA: -0.45 > 0.02 and ΔFCF/TA -45.21 > 1.0
NWC/Revenue: -2185 % < 20% (prev -3470 %; Δ 1285 % < -1%)
CFO/TA -0.45 > 3% & CFO -7.92m > Net Income -30.7m
Net Debt (6.05m) to EBITDA (1.32b): 0.00 < 3
Current Ratio: 0.38 > 1.5 & < 3
Outstanding Shares: last quarter (30.8m) vs 12m ago 21.93% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 2.37% > 50% (prev 3.67%; Δ -1.31% > 0%)
Interest Coverage Ratio: 0.97 > 6 (EBITDA TTM 1.32b / Interest Expense TTM 1.35b)

Altman Z'' 10.00

A: -0.58 (Total Current Assets 6.20m - Total Current Liabilities 16.4m) / Total Assets 17.7m
B: -17.26 (Retained Earnings -306.1m / Total Assets 17.7m)
C: 66.65 (EBIT TTM 1.32b / Avg Total Assets 19.7m)
D: -3.03 (Book Value of Equity -306.1m / Total Liabilities 101.0m)
Altman-Z'' Score: 384.7 = AAA

Beneish M -4.00

DSRI: 1.71 (Receivables 67.3k/67.3k, Revenue 467.1k/799.1k)
GMI: 1.00 (fallback, negative margins)
AQI: 0.75 (AQ_t 0.62 / AQ_t-1 0.83)
SGI: 0.58 (Revenue 467.1k / 799.1k)
TATA: -1.28 (NI -30.7m - CFO -7.92m) / TA 17.7m)
Beneish M-Score: -4.21 (Cap -4..+1) = AAA

What is the price of OMEX shares?

As of February 07, 2026, the stock is trading at USD 1.63 with a total of 811,201 shares traded.
Over the past week, the price has changed by -13.76%, over one month by -27.88%, over three months by -15.10% and over the past year by +239.58%.

Is OMEX a buy, sell or hold?

Odyssey Marine Exploration has no consensus analysts rating.

What are the forecasts/targets for the OMEX price?

Issuer Target Up/Down from current
Wallstreet Target Price 7.5 360.1%
Analysts Target Price 7.5 360.1%
ValueRay Target Price 1.6 -3.1%

OMEX Fundamental Data Overview February 02, 2026

P/S = 225.5209
Revenue TTM = 467.1k USD
EBIT TTM = 1.32b USD
EBITDA TTM = 1.32b USD
Long Term Debt = 3.90m USD (from longTermDebt, last quarter)
Short Term Debt = 6.49m USD (from shortTermDebt, last quarter)
Debt = 11.9m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.05m USD (from netDebt column, last quarter)
Enterprise Value = 111.4m USD (105.3m + Debt 11.9m - CCE 5.82m)
Interest Coverage Ratio = 0.97 (Ebit TTM 1.32b / Interest Expense TTM 1.35b)
EV/FCF = -14.07x (Enterprise Value 111.4m / FCF TTM -7.92m)
FCF Yield = -7.11% (FCF TTM -7.92m / Enterprise Value 111.4m)
FCF Margin = -1695 % (FCF TTM -7.92m / Revenue TTM 467.1k)
Net Margin = -6568 % (Net Income TTM -30.7m / Revenue TTM 467.1k)
Gross Margin = unknown ((Revenue TTM 467.1k - Cost of Revenue TTM 1.93m) / Revenue TTM)
Tobins Q-Ratio = 6.28 (Enterprise Value 111.4m / Total Assets 17.7m)
Interest Expense / Debt = 11.4k% (Interest Expense 1.35b / Debt 11.9m)
Taxrate = 0.0% (0.0 / 6.25m)
NOPAT = 1.32b (EBIT 1.32b * (1 - 0.00%))
Current Ratio = 0.38 (Total Current Assets 6.20m / Total Current Liabilities 16.4m)
Debt / Equity = -0.26 (negative equity) (Debt 11.9m / totalStockholderEquity, last quarter -45.4m)
Debt / EBITDA = 0.00 (Net Debt 6.05m / EBITDA 1.32b)
Debt / FCF = -0.76 (negative FCF - burning cash) (Net Debt 6.05m / FCF TTM -7.92m)
Total Stockholder Equity = -32.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -155.4% (out of range, set to none)
RoE = 95.57% (negative equity) (Net Income TTM -30.7m / Total Stockholder Equity -32.1m)
RoCE = -4668 % (out of range, set to none) (EBIT 1.32b / Capital Employed (Equity -32.1m + L.T.Debt 3.90m))
RoIC = 19.7k% (out of range, set to none) (NOPAT 1.32b / Invested Capital 6.69m)
WACC = 11.29% (E(105.3m)/V(117.2m) * Re(12.56%) + (debt cost/tax rate unavailable))
Discount Rate = 12.56% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 22.71%
Fair Price DCF = unknown (Cash Flow -7.92m)
EPS Correlation: -1.38 | EPS CAGR: -18.48% | SUE: -1.56 | # QB: 0
Revenue Correlation: -83.19 | Revenue CAGR: -31.37% | SUE: 1.39 | # QB: 1

Additional Sources for OMEX Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle