Brownie's Marine Group, Inc - Understand $bwmg stock

$BWMG Market Cap: $3.513 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$8.054M

TTM

Gross Margin

35.26%

TTM

Net Earnings

-$713.7K

TTM

Current Assets

$3.655M

Q3 2024

Current Liabilities

$3.230M

Q3 2024

Current Ratio

113.15%

Q3 2024

Total Assets

$5.401M

Q3 2024

Total Liabilities

$3.835M

Q3 2024

Book Value

$1.566M

Q3 2024

Cash

$646.5K

Q3 2024

P/E

-4.923

Nov 29, 2024 EST

Free Cash Flow

-$72.75K

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$7.581M	$8.577M	$6.227M	$4.556M	$2.968M	$2.542M	$2.029M	$2.264M	$2.760M	$2.736M	$2.871M	$2.864M	$2.210M	$2.180M	$2.380M	$4.700M	$3.200M	$4.200M	$2.940M	$2.970M	$0.00
YoY Change	-11.62%	37.74%	36.69%	53.52%	16.74%	25.32%	-10.4%	-17.96%	0.87%	-4.7%	0.22%	29.61%	1.38%	-8.4%	-49.36%	46.88%	-23.81%	42.86%	-1.01%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$7.581M	$8.577M	$6.227M	$4.556M	$2.968M	$2.542M	$2.029M	$2.264M	$2.760M	$2.736M	$2.871M	$2.864M	$2.210M	$2.180M	$2.380M	$4.700M	$3.200M	$4.200M	$2.940M	$2.970M	$0.00
Cost Of Revenue	$5.473M	$5.783M	$4.338M	$3.092M	$2.519M	$2.227M	$1.423M	$1.665M	$1.832M	$1.992M	$1.990M	$1.982M	$1.700M	$1.690M	$1.710M	$3.030M	$2.150M	$2.710M	$1.960M	$2.020M	$1.670M
Gross Profit	$2.108M	$2.794M	$1.890M	$1.464M	$448.4K	$315.6K	$605.2K	$599.5K	$927.7K	$744.2K	$773.8K	$882.4K	$500.0K	$490.0K	$670.0K	$1.670M	$1.060M	$1.490M	$980.0K	$950.0K	$790.0K
Gross Profit Margin	27.81%	32.58%	30.34%	32.14%	15.11%	12.42%	29.83%	26.48%	33.62%	27.2%	26.96%	30.81%	22.62%	22.48%	28.15%	35.53%	33.13%	35.48%	33.33%	31.99%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin	$3.263M	$4.626M	$3.667M	$2.682M	$1.665M	$1.213M	$803.9K	$615.3K	$671.0K	$619.2K	$1.460M	$2.460M	$1.630M	$1.350M	$910.0K	$1.110M	$950.0K	$1.010M	$980.0K	$1.050M	$50.00K
YoY Change	-29.46%	26.16%	36.7%	61.11%	37.26%	50.89%	30.66%	-8.31%	8.37%	-57.59%	-40.65%	50.92%	20.74%	48.35%	-18.02%	16.84%	-5.94%	3.06%	-6.67%	2000.0%	-96.71%
% of Gross Profit	154.82%	165.56%	194.06%	183.17%	371.28%	384.29%	132.83%	102.64%	72.33%	83.2%	188.68%	278.78%	326.0%	275.51%	135.82%	66.47%	89.62%	67.79%	100.0%	110.53%	6.33%
Research & Development	$13.88K	$18.39K	$75.44K	$115.2K	$67.16K	$113.9K	$16.38K	$1.970K	$8.739K	$4.087K	$75.76K	$47.80K	$50.00K	$140.0K	$60.00K	$30.00K	$0.00	$10.00K	$20.00K	$70.00K	$60.00K
YoY Change	-24.54%	-75.62%	-34.49%	71.47%	-41.05%	595.48%	731.47%	-77.46%	113.82%	-94.61%	58.5%	-4.41%	-64.29%	133.33%	100.0%		-100.0%	-50.0%	-71.43%	16.67%
% of Gross Profit	0.66%	0.66%	3.99%	7.86%	14.98%	36.09%	2.71%	0.33%	0.94%	0.55%	9.79%	5.42%	10.0%	28.57%	8.96%	1.8%	0.0%	0.67%	2.04%	7.37%	7.59%
Depreciation & Amortization	$163.0K	$149.1K	$56.47K	$21.01K	$9.280K	$36.58K	$29.41K	$36.39K	$21.53K	$21.57K	$18.68K	$35.59K	$30.00K	$30.00K	$40.00K	$40.00K	$40.00K	$30.00K	$50.00K	$50.00K	$30.00K
YoY Change	9.29%	164.07%	168.78%	126.4%	-74.63%	24.38%	-19.18%	69.01%	-0.18%	15.5%	-47.52%	18.62%	0.0%	-25.0%	0.0%	0.0%	33.33%	-40.0%	0.0%	66.67%
% of Gross Profit	7.73%	5.34%	2.99%	1.43%	2.07%	11.59%	4.86%	6.07%	2.32%	2.9%	2.41%	4.03%	6.0%	6.12%	5.97%	2.4%	3.77%	2.01%	5.1%	5.26%	3.8%
Operating Expenses	$3.277M	$4.645M	$3.742M	$2.797M	$1.732M	$1.327M	$820.2K	$617.2K	$679.7K	$623.3K	$1.535M	$2.505M	$1.680M	$1.490M	$980.0K	$1.130M	$960.0K	$1.020M	$1.000M	$1.120M	$50.00K
YoY Change	-29.44%	24.11%	33.77%	61.51%	30.54%	61.77%	32.89%	-9.19%	9.06%	-59.39%	-38.73%	49.12%	12.75%	52.04%	-13.27%	17.71%	-5.88%	2.0%	-10.71%	2140.0%	-96.71%
Operating Profit	-$1.169M	-$1.850M	-$1.853M	-$1.333M	-$1.284M	-$1.011M	-$215.1K	-$17.78K	$247.9K	$121.0K	-$761.1K	-$1.623M	-$1.180M	-$1.000M	-$310.0K	$540.0K	$100.0K	$470.0K	-$20.00K	-$170.0K	$740.0K
YoY Change	-36.8%	-0.12%	38.98%	3.85%	26.94%	370.19%	1109.62%	-107.17%	104.98%	-115.89%	-53.1%	37.53%	18.0%	222.58%	-157.41%	440.0%	-78.72%	-2450.0%	-88.24%	-122.97%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Interest Expense	$78.70K	$42.49K	-$21.52K	-$18.56K	-$7.070K	-$296.4K	-$37.25K	-$31.54K	$37.02K	$39.73K	$198.3K	$264.2K	-$2.550M	-$300.0K	-$100.0K	-$110.0K	-$120.0K	-$70.00K	-$90.00K	-$430.0K	-$60.00K
YoY Change	85.21%	-297.46%	15.95%	162.52%	-97.61%	695.76%	18.1%	-185.2%	-6.82%	-79.97%	-24.94%	-110.36%	750.0%	200.0%	-9.09%	-8.33%	71.43%	-22.22%	-79.07%	616.67%	0.0%
% of Operating Profit									14.93%	32.84%						-20.37%	-120.0%	-14.89%			-8.11%
Other Income/Expense, Net	-$78.70K	-$42.49K	$264.2K			$0.00	$3.570K	$44.66K	-$18.28K	-$26.54K	-$127.0K	-$352.3K	$0.00	$40.00K	-$200.0K	$10.00K	$30.00K	$150.0K	-$20.00K	$90.00K	$0.00
YoY Change	85.21%	-116.08%				-100.0%	-92.01%	-344.31%	-31.13%	-79.11%	-63.93%		-100.0%	-120.0%	-2100.0%	-66.67%	-80.0%	-850.0%	-122.22%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	-$1.248M	-$1.893M	-$1.588M	-$1.352M	-$1.422M	-$1.300M	-$248.7K	$230.0K	$229.7K	$94.41K	-$888.1K	-$1.975M	-$3.720M	-$1.260M	-$610.0K	$440.0K	$10.00K	$560.0K	-$120.0K	-$510.0K	-$110.0K
YoY Change	-34.06%	19.16%	17.52%	-4.93%	9.33%	422.82%	-208.13%	0.16%	143.24%	-110.63%	-55.03%	-46.91%	195.24%	106.56%	-238.64%	4300.0%	-98.21%	-566.67%	-76.47%	363.64%	-93.04%
Income Tax					$0.00	$2.520K	$0.00	$0.00	$43.00	$44.00	$7.478K	$38.23K	$60.00K	-$70.00K	-$160.0K	$220.0K	-$60.00K	-$10.00K	-$20.00K	$0.00	$0.00
% Of Pretax Income								0.0%	0.02%	0.05%						50.0%	-600.0%	-1.79%
Net Earnings	-$1.248M	-$1.893M	-$1.588M	-$1.352M	-$1.422M	-$1.303M	-$248.7K	$230.0K	$229.6K	$94.37K	-$895.6K	-$2.013M	-$3.780M	-$1.190M	-$450.0K	$220.0K	$60.00K	$570.0K	-$100.0K	-$510.0K	-$110.0K
YoY Change	-34.06%	19.16%	17.52%	-4.93%	9.11%	423.84%	-208.13%	0.18%	143.31%	-110.54%	-55.52%	-46.74%	217.65%	164.44%	-304.55%	266.67%	-89.47%	-670.0%	-80.39%	363.64%	-92.86%
Net Earnings / Revenue	-16.46%	-22.07%	-25.51%	-29.67%	-47.91%	-51.25%	-12.26%	10.16%	8.32%	3.45%	-31.2%	-70.29%	-171.04%	-54.59%	-18.91%	4.68%	1.88%	13.57%	-3.4%	-17.17%
Basic Earnings Per Share	$0.00	$0.00	$0.00						$0.00	$0.00	-$0.36	$14.24
Diluted Earnings Per Share	$0.00	$0.00	-$4.544K	-$4.688K	-$6.715K	-$12.30K	-$3.165K	$2.224K	$0.00	$0.00	-$0.36	$14.24	-$189.0M	-$426.7M	-$341.5M	$171.3M	$47.41M	$460.7M	-$108.0M	-$629.4M	-$3.878B

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments	$431.1K	$484.4K	$643.1K	$345.2K	$70.62K	$78.78K	$150.9K	$191.8K	$141.8K	$19.19K	$70.00K	$70.00K	$30.00K	$0.00	$0.00	$0.00	$140.0K	$210.0K	$30.00K	$0.00
YoY Change	-11.01%	-24.68%	86.31%	388.8%	-10.36%	-47.79%	-21.3%	35.21%	639.03%	-72.59%	0.0%	133.33%				-100.0%	-33.33%	600.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$190.4K	$192.1K	$227.5K	$111.2K	$48.52K	$58.52K	$251.6K	$84.34K	$61.22K	$35.88K	$120.0K	$150.0K	$90.00K	$40.00K	$60.00K	$380.0K	$110.0K	$80.00K	$30.00K	$10.00K
YoY Change	-0.9%	-15.53%	104.62%	129.1%	-17.09%	-76.74%	198.3%	37.77%	70.62%	-70.1%	-20.0%	66.67%	125.0%	-33.33%	-84.21%	245.45%	37.5%	166.67%	200.0%
Inventory	$1.999M	$2.422M	$1.895M	$863.8K	$719.1K	$723.2K	$822.9K	$672.5K	$654.2K	$606.2K	$740.0K	$600.0K	$620.0K	$530.0K	$490.0K	$740.0K	$660.0K	$580.0K	$430.0K	$400.0K
Prepaid Expenses
Receivables	$116.3K	$167.3K	$200.6K	$148.9K	$160.1K	$105.6K	$60.18K	$69.27K	$59.47K	$41.69K	$30.00K	$20.00K	$10.00K	$30.00K	$10.00K	$30.00K	$40.00K	$60.00K	$50.00K	$60.00K
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$41.27K	$71.33K	$110.0K	$50.00K	$50.00K	$20.00K	$140.0K	$50.00K	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.737M	$3.266M	$2.966M	$1.469M	$998.3K	$966.1K	$1.286M	$1.018M	$958.0K	$774.3K	$1.060M	$890.0K	$800.0K	$620.0K	$700.0K	$1.200M	$950.0K	$940.0K	$540.0K	$470.0K
YoY Change	-16.2%	10.09%	101.93%	47.15%	3.33%	-24.85%	26.3%	6.25%	23.73%	-26.95%	19.1%	11.25%	29.03%	-11.43%	-41.67%	26.32%	1.06%	74.07%	14.89%
Property, Plant & Equipment	$1.187M	$1.473M	$724.5K	$590.4K	$648.1K	$3.720K	$27.50K	$56.91K	$85.71K	$108.5K	$80.00K	$70.00K	$1.110M	$1.140M	$1.170M	$1.200M	$1.230M	$30.00K	$40.00K	$80.00K
YoY Change	-19.41%	103.25%	22.72%	-8.91%	17322.31%	-86.47%	-51.68%	-33.6%	-21.01%	35.64%	14.29%	-93.69%	-2.63%	-2.56%	-2.5%	-2.44%	4000.0%	-25.0%	-50.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$30.72K	$30.72K	$14.10K	$13.65K	$20.15K	$26.15K	$9.170K	$9.170K	$8.980K	$33.38K	$30.00K	$40.00K	$80.00K	$110.0K	$50.00K	$10.00K	$60.00K	$30.00K	$30.00K	$60.00K
YoY Change	0.0%	117.87%	3.3%	-32.26%	-22.94%	185.17%	0.0%	2.12%	-73.1%	11.27%	-25.0%	-50.0%	-27.27%	120.0%	400.0%	-83.33%	100.0%	0.0%	-50.0%
Total Long-Term Assets	$2.041M	$2.400M	$1.708M	$604.0K	$668.3K	$29.87K	$36.66K	$66.08K	$94.69K	$141.9K	$100.0K	$120.0K	$1.180M	$1.250M	$1.220M	$1.200M	$1.290M	$60.00K	$70.00K	$130.0K
YoY Change	-14.93%	40.54%	182.68%	-9.61%	2137.26%	-18.52%	-44.52%	-30.21%	-33.27%	41.89%	-16.67%	-89.83%	-5.6%	2.46%	1.67%	-6.98%	2050.0%	-14.29%	-46.15%
Total Assets	$4.778M	$5.665M	$4.674M	$2.073M	$1.667M	$996.0K	$1.322M	$1.084M	$1.053M	$916.2K	$1.160M	$1.010M	$1.980M	$1.870M	$1.920M	$2.400M	$2.240M	$1.000M	$610.0K	$600.0K
YoY Change
Accounts Payable	$538.0K	$541.9K	$554.2K	$102.4K	$263.5K	$125.2K	$392.7K	$323.6K	$350.0K	$462.8K	$530.0K	$510.0K	$250.0K	$320.0K	$230.0K	$190.0K	$260.0K	$330.0K	$470.0K	$560.0K	$4.180M
YoY Change	-0.73%	-2.22%	441.44%	-61.16%	110.43%	-68.11%	21.37%	-7.54%	-24.38%	-12.68%	3.92%	104.0%	-21.88%	39.13%	21.05%	-26.92%	-21.21%	-29.79%	-16.07%	-86.6%
Accrued Expenses	$1.009M	$594.1K	$459.7K	$107.7K	$98.06K								$390.0K	$210.0K	$180.0K	$150.0K	$140.0K				$260.0K
YoY Change	69.9%	29.24%	326.88%	9.82%									85.71%	16.67%	20.0%	7.14%
Deferred Revenue
YoY Change
Short-Term Debt	$52.48K	$0.00	$0.00	$110.0K	$110.0K	$110.0K	$389.8K	$312.7K	$372.0K	$376.7K	$520.0K	$640.0K	$530.0K	$90.00K	$0.00	$0.00	$0.00	$270.0K	$300.0K	$0.00	$560.0K
YoY Change			-100.0%	0.0%	0.0%	-71.78%	24.64%	-15.92%	-1.24%	-27.57%	-18.75%	20.75%	488.89%				-100.0%	-10.0%		-100.0%
Long-Term Debt Due	$647.2K	$66.49K	$50.40K	$201.0K	$139.7K		$0.00	$6.130K	$17.20K	$22.92K	$140.0K	$180.0K	$1.290M	$210.0K	$380.0K	$330.0K	$120.0K	$20.00K	$40.00K	$40.00K	$130.0K
YoY Change	873.35%	31.92%	-74.93%	43.89%			-100.0%	-64.36%	-24.96%	-83.63%	-22.22%	-86.05%	514.29%	-44.74%	15.15%	175.0%	500.0%	-50.0%	0.0%	-69.23%
Total Short-Term Liabilities	$2.503M	$1.792M	$1.396M	$1.029M	$1.403M	$948.6K	$1.022M	$914.9K	$1.233M	$1.357M	$1.760M	$1.770M	$2.700M	$1.000M	$860.0K	$980.0K	$940.0K	$760.0K	$990.0K	$640.0K	$5.130M
YoY Change	39.65%	28.36%	35.66%	-26.64%	47.9%	-7.14%	11.66%	-25.8%	-9.12%	-22.92%	-0.56%	-34.44%	170.0%	16.28%	-12.24%	4.26%	23.68%	-23.23%	54.69%	-87.52%
Long-Term Debt	$64.66K	$486.9K	$427.2K	$120.8K	$60.07K	$0.00	$0.00	$0.00	$6.130K	$12.23K	$0.00	$20.00K	$40.00K	$1.180M	$1.050M	$1.200M	$1.540M	$630.0K	$660.0K	$1.090M	$0.00
YoY Change	-86.72%	13.97%	253.71%	101.07%				-100.0%	-49.88%		-100.0%	-50.0%	-96.61%	12.38%	-12.5%	-22.08%	144.44%	-4.55%	-39.45%
Other Long-Term Liabilities	$615.9K	$864.1K	$222.9K	$339.3K	$447.0K
YoY Change	-28.72%	287.64%	-34.3%	-24.09%
Total Long-Term Liabilities	$680.6K	$1.351M	$650.1K	$460.1K	$507.1K	$0.00	$0.00	$0.00	$6.130K	$12.23K	$0.00	$20.00K	$40.00K	$1.180M	$1.050M	$1.200M	$1.540M	$630.0K	$660.0K	$1.090M	$0.00
YoY Change	-49.62%	107.8%	41.31%	-9.27%				-100.0%	-49.88%		-100.0%	-50.0%	-96.61%	12.38%	-12.5%	-22.08%	144.44%	-4.55%	-39.45%
Total Liabilities	$3.183M	$3.143M	$2.046M	$1.489M	$1.910M	$948.6K	$1.022M	$914.9K	$1.239M	$1.369M	$1.760M	$1.790M	$2.740M	$2.180M	$1.910M	$2.180M	$2.480M	$1.390M	$1.650M	$1.720M	$5.130M
YoY Change	1.28%	53.6%	37.4%	-22.03%	101.35%	-7.14%	11.66%	-26.16%	-9.48%	-22.22%	-1.68%	-34.67%	25.69%	14.14%	-12.39%	-12.1%	78.42%	-15.76%	-4.07%	-66.47%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2015	2014	2013	2012
Basic Shares Outstanding	436.2M shares	410.5M shares	349.6M shares	75.89M shares	27.75M shares	2.484M shares	141.4K shares
Diluted Shares Outstanding	436.2M shares	410.5M shares	349.6M shares	120.7M shares	73.65M shares	2.484M shares	141.4K shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.5135 Million

About Brownie's Marine Group, Inc

Brownie's Marine Group, Inc. is a holding company which designs, tests, manufactures, and distributes recreational hookah diving, yacht-based scuba air compressors and nitrox generation systems, and scuba and water safety products in the United States and internationally. The company is headquartered in Pompano Beach, Florida and currently employs 41 full-time employees. The company went IPO on 2002-11-27. Its subsidiaries are focused on various sub-sectors of its industry, including Brownie's Third Lung in Surface Supplied Air (SSA), BLU3, Inc. in Ultra-Portable Tankless Dive Systems, LW Americas in High Pressure Gas Systems, Submersible Systems, Inc. (SSI) in Redundant Air Tank Systems and Live Blue, Inc. Its segments include Legacy SSA Products, which sells recreational multi-diver surface supplied air diving systems; High Pressure Gas Systems sells high pressure air and industrial gas compressor packages; Ultra Portable Tankless Dive Systems sells electric surface supply air diving systems and electric shallow dive system; Redundant Air Tank Systems manufactures and distributes of pressure tanks, and air systems, and Guided Tour Retail.

Industry: Sporting & Athletic Goods, NEC Peers: Connexa Sports Technologies Inc. BOWFLEX INC. Forza X1, Inc. HASBRO, INC. INNOVATIVE DESIGNS INC Twin Vee PowerCats, Co.