Brownie's Marine Group Inc
browniesmarinegroup.comWhat Do They Do?
Sells diving systems, high-pressure compressors, and emergency breathing devices to recreational divers, commercial operators, and safety organizations.
10-K for FY2025, filed Apr 10, 2026The Company a marine technology company that wholly owns and operates five subsidiaries focused on portable air, underwater breathing…View ↗
Surface Supplied Air ProductsView ↗
BLU3 develops a backpack-portable, battery-powered underwater breathing system designed exclusively for single-diver use. BLU3’s system…View ↗
High Pressure Gas SystemsView ↗
Submersible Systems, Inc. designs and manufactures miniature and emergency breathing devices used globally across recreational diving…View ↗
How Do They Make Money?
For large tank-fill systems, customers pay a deposit before the company orders or builds them and pay the balance on delivery, shipment, or installation; it also takes deposits on large rescue-tank orders.
10-K for FY2025, filed Apr 10, 2026Customer deposits and unearned revenue and returns policy – The Company typically takes a minimum 50% deposit against large tankfill…View ↗
$7.5M
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10-K for FY2025, filed Apr 10, 2026
$7.5M ↗
Who Are Their Customers?
The company sells through wholesale customers such as retail dive and marine stores, boat dealers, and builders, and also sells directly to consumers through its websites and Amazon. High-pressure compressors reach dive operators, yacht businesses, and compressor distributors.
10-K for FY2025, filed Apr 10, 2026Distribution/CustomersView ↗
We sell our products online through our and our subsidiaries websites and many of our products are marketed on some of our customers’…View ↗
The majority of L&W high pressure compressors and NitroxMaker™ systems have been sold to commercial dive stores, dive operators (resorts…View ↗
Sales of YachtPro™ compressor systems have been split between retail sales directly to consumers and wholesale sales to OEM boat…View ↗
10-K for FY2025, filed Apr 10, 2026
Revenue from Amazon accounted for 0.34.% of revenue for the year ended December 31, 2025, and 7.02% of total revenue for the year ended…View ↗
Do Revenues Turn Into Profits?
No. It lost $105.1K in FY2025.
How Are They Changing?
- Net income
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Sources
10-Q for Q2 FY2026, filed Aug 4, 2026
$580.5KView ↗
- ▲ +278%
- vs $153.6K in Q2 FY2025
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Aug 24, 2026
Company says investors should no longer rely on its second-quarter financial statements
Errors affected revenue, gross profit, operating results, and net income; the company plans to restate the quarter.
Sources
8-K, filed Aug 24, 2026
On August 14, 2026, the board of directors (the “Board”) of Brownie’s Marine Group, Inc. (the “Company”), in consultation with management…View ↗
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Jul 8, 2026
Live Blue acquires a paddleboarding and kayaking business
It acquired substantially all of Sunrise Paddleboards’ assets and assumed certain associated liabilities.
Sources
8-K, filed Jul 8, 2026
On July 1, 2026, Brownie’s Marine Group, Inc., a Florida corporation (the “Company”), executed and consummated the transactions…View ↗
Growing. Revenue grew 21% in 4 years, from $6.2M in FY2021 to $7.5M in FY2025, about 5% a year.
Moving toward battery-powered systems
Earlier reports described both gasoline-powered and battery-powered surface-supplied systems; the latest report describes a transition away from legacy gasoline models toward battery-powered, software-enabled, and electrically driven technologies.
10-K for FY2022, filed Mar 30, 2023 10-K for FY2025, filed Apr 10, 2026Our Third Lung systems have been the market leader in gasoline powered, high-performance and more recently in the battery powered SSA…View ↗
Who Do They Compete With?
Competes with Airline by JSink, Aqua Lung America, Coltri America, Bauer Compressors, and AirBuddy
10-K for FY2025, filed Apr 10, 2026We consider the most significant competitive factors in our business to be innovation, lifestyle, fair prices, shopping convenience…View ↗
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