10-K - Odyssey Marine Exploration, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

FY2025 delivered sharp revenue decline from CIC Services Agreement expiration alongside wider operating losses driven by Mexican Corporate Transactions, culminating in substantial net loss and operating cash outflow amid deep-sea mineral exploration focus.

Key Takeaways

1Revenue fell 54.0% to $353.7K, primarily due to expiration of the Services Agreement with CIC in Q2 2025.

2Net loss swung to -$43.1M from $15.7M profit, reflecting year-over-year deterioration in financial performance.

3Diluted EPS declined to -$1.10 from $0.07, underscoring per-share impact of heightened losses.

4Free cash flow reached -$8.9M after minimal $16K capital expenditures on exploration activities.

Key Financial Metrics

EPS

$-1.10

-1671.4%

Revenue

$353.7K

-54.0%

Net Income

-$43.1M

-375.2%

free cash flow

-$8.9M

Operating Income

-$13.4M

-11.9%

operating margin

-3797.1%