Odyssey Marine Exploration Past Earnings Performance
Past criteria checks 2/6
Odyssey Marine Exploration's earnings have been declining at an average annual rate of -9.4%, while the Commercial Services industry saw earnings growing at 11.5% annually. Revenues have been declining at an average rate of 23.4% per year.
Key information
-9.4%
Earnings growth rate
2.2%
EPS growth rate
| Commercial Services Industry Growth | 8.5% |
| Revenue growth rate | -23.4% |
| Return on equity | n/a |
| Net Margin | 58.7% |
| Last Earnings Update | 30 Jun 2023 |
Revenue & Expenses BreakdownBeta
How Odyssey Marine Exploration makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 1 | 1 | 8 | 0 |
| 31 Mar 23 | 1 | 2 | 8 | 0 |
| 31 Dec 22 | 1 | -23 | 8 | 0 |
| 30 Sep 22 | 1 | -18 | 8 | 0 |
| 30 Jun 22 | 1 | -17 | 8 | 0 |
| 31 Mar 22 | 1 | -14 | 7 | 0 |
| 31 Dec 21 | 1 | -10 | 6 | 0 |
| 30 Sep 21 | 1 | -12 | 6 | 0 |
| 30 Jun 21 | 1 | -14 | 4 | 0 |
| 31 Mar 21 | 1 | -16 | 4 | 0 |
| 31 Dec 20 | 2 | -15 | 4 | 0 |
| 30 Sep 20 | 2 | -15 | 3 | 0 |
| 30 Jun 20 | 3 | -13 | 5 | 0 |
| 31 Mar 20 | 3 | -12 | 6 | 0 |
| 31 Dec 19 | 3 | -10 | 5 | 0 |
| 30 Sep 19 | 3 | -10 | 6 | 0 |
| 30 Jun 19 | 3 | -7 | 6 | 0 |
| 31 Mar 19 | 4 | -5 | 6 | 0 |
| 31 Dec 18 | 3 | -5 | 6 | 0 |
| 30 Sep 18 | 2 | -5 | 5 | 0 |
| 30 Jun 18 | 2 | -6 | 6 | 0 |
| 31 Mar 18 | 1 | -7 | 6 | 0 |
| 31 Dec 17 | 1 | -8 | 6 | 0 |
| 30 Sep 17 | 1 | -9 | 7 | 0 |
| 30 Jun 17 | 4 | -9 | 7 | 0 |
| 31 Mar 17 | 5 | -9 | 7 | 0 |
| 31 Dec 16 | 5 | -6 | 8 | 0 |
| 30 Sep 16 | 8 | -2 | 9 | 0 |
| 30 Jun 16 | 7 | -4 | 9 | 0 |
| 31 Mar 16 | 6 | -8 | 11 | 0 |
| 31 Dec 15 | 5 | -18 | 14 | 0 |
| 30 Sep 15 | 2 | -26 | 13 | 0 |
| 30 Jun 15 | 1 | -28 | 13 | 0 |
| 31 Mar 15 | 1 | -26 | 12 | 0 |
| 31 Dec 14 | 1 | -26 | 10 | 0 |
| 30 Sep 14 | 18 | -10 | 12 | 0 |
| 30 Jun 14 | 24 | -4 | 14 | 0 |
| 31 Mar 14 | 24 | -11 | 14 | 0 |
| 31 Dec 13 | 24 | -11 | 14 | 0 |
| 30 Sep 13 | 15 | -22 | 14 | 0 |
| 30 Jun 13 | 10 | -18 | 12 | 0 |
Quality Earnings: OMEX has a large one-off gain of $21.5M impacting its last 12 months of financial results to 30th June, 2023.
Growing Profit Margin: OMEX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OMEX has become profitable over the past 5 years, growing earnings by -9.4% per year.
Accelerating Growth: OMEX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: OMEX has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (-4.5%).
Return on Equity
High ROE: OMEX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.