Financial Snapshot

Revenue
$21.82K
TTM
Gross Margin
-12046.66%
TTM
Net Earnings
-$3.863M
TTM
Current Assets
$589.2K
Q2 2024
Current Liabilities
$2.910M
Q2 2024
Current Ratio
20.24%
Q2 2024
Total Assets
$834.3K
Q2 2024
Total Liabilities
$2.997M
Q2 2024
Book Value
-$2.163M
Q2 2024
Cash
P/E
-11.51
Nov 29, 2024 EST
Free Cash Flow
-$2.205M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Revenue $19.24K $12.97K $23.76K $10.62K $14.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 48.32% -45.4% 123.73% -24.14%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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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 $19.24K $12.97K $23.76K $10.62K $14.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $2.081M $1.646M $1.344M $1.736M $1.250M $806.2K $474.9K $419.9K $670.8K $751.5K $1.350M $490.0K $820.0K $530.0K $820.0K $700.0K $1.270M $190.0K $260.0K $220.0K $110.0K
Gross Profit -$2.062M -$1.633M -$1.320M -$1.725M -$1.236M -$806.2K -$474.9K -$419.9K -$670.8K -$751.5K -$1.350M -$490.0K -$820.0K -$530.0K -$820.0K -$700.0K -$1.270M -$190.0K -$260.0K -$220.0K -$110.0K
Gross Profit Margin -10715.38% -12588.42% -5554.63% -16246.42% -8828.64%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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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 $573.7K $597.7K $564.2K $490.0K $369.9K $223.3K $224.3K $221.1K $352.6K $379.2K $500.0K $170.0K $250.0K $240.0K $170.0K $250.0K $840.0K $130.0K $450.0K $420.0K $120.0K
YoY Change -4.01% 5.94% 15.14% 32.48% 65.61% -0.45% 1.48% -37.31% -7.02% -24.15% 194.12% -32.0% 4.17% 41.18% -32.0% -70.24% 546.15% -71.11% 7.14% 250.0%
% of Gross Profit
Research & Development $325.2K $172.9K $439.8K $463.5K $444.0K $300.0K $150.0K $450.0K $550.0K $120.0K
YoY Change 88.09% -60.69% -5.1% 4.39% 100.0% -66.67% -18.18% 358.33%
% of Gross Profit
Depreciation & Amortization $66.45K $21.86K $21.86K $20.38K $1.000K $20.31K $33.98K $33.98K $33.98K $33.98K $30.00K $30.00K $30.00K $30.00K $30.00K $20.00K $0.00 $40.00K $70.00K $60.00K $40.00K
YoY Change 203.98% 0.0% 7.26% 1938.0% -95.08% -40.23% 0.0% 0.0% 0.0% 13.27% 0.0% 0.0% 0.0% 0.0% 50.0% -100.0% -42.86% 16.67% 50.0%
% of Gross Profit
Operating Expenses $974.5K $2.438M $1.026M $973.8K $814.9K $243.6K $258.3K $255.1K $386.6K $345.9K $530.0K $200.0K $290.0K $260.0K $210.0K $270.0K $1.310M $320.0K $970.0K $1.020M $290.0K
YoY Change -60.03% 137.69% 5.34% 19.51% 234.47% -5.69% 1.28% -34.03% 11.78% -34.74% 165.0% -31.03% 11.54% 23.81% -22.22% -79.39% 309.37% -67.01% -4.9% 251.72%
Operating Profit -$3.036M -$2.425M -$2.346M -$2.699M -$2.051M -$1.050M -$733.2K -$674.9K -$1.057M -$1.097M -$1.880M -$690.0K -$1.110M -$790.0K -$1.030M -$970.0K -$2.580M -$510.0K -$1.230M -$1.240M -$400.0K
YoY Change 25.18% 3.4% -13.1% 31.61% 95.35% 43.19% 8.63% -36.17% -3.65% -41.63% 172.46% -37.84% 40.51% -23.3% 6.19% -62.4% 405.88% -58.54% -0.81% 210.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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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 -$120.1K -$62.27K -$177.5K $71.78K -$208.6K -$227.4K -$264.0K -$676.9K -$93.97K -$1.016M -$260.0K -$200.0K -$90.00K -$180.0K -$60.00K $0.00 $0.00 -$10.00K -$40.00K $0.00
YoY Change 92.89% -64.92% -347.28% -134.41% -8.25% -13.89% -60.99% 620.34% -90.75% 290.58% 30.0% 122.22% -50.0% 200.0% -100.0% -75.0%
% of Operating Profit
Other Income/Expense, Net -$129.2K -$191.2K -$279.8K -$4.510K
YoY Change -32.46% -31.66% 6103.86%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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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 -$3.181M -$2.617M -$2.625M -$2.661M -$2.309M -$1.277M -$999.9K -$1.352M -$1.151M -$2.151M -$2.170M -$960.0K -$1.520M -$1.030M -$1.090M -$970.0K -$2.580M -$1.110M -$1.270M -$1.240M -$400.0K
YoY Change 21.56% -0.34% -1.33% 15.23% 80.8% 27.74% -26.04% 17.42% -46.48% -0.86% 126.04% -36.84% 47.57% -5.5% 12.37% -62.4% 132.43% -12.6% 2.42% 210.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.181M -$2.617M -$2.625M -$2.661M -$2.309M -$1.277M -$999.9K -$1.352M -$1.151M -$2.151M -$2.170M -$960.0K -$1.520M -$1.030M -$1.090M -$970.0K -$2.580M -$1.110M -$1.270M -$1.240M -$400.0K
YoY Change 21.56% -0.34% -1.33% 15.23% 80.8% 27.74% -26.04% 17.42% -46.48% -0.86% 126.04% -36.84% 47.57% -5.5% 12.37% -62.4% 132.43% -12.6% 2.42% 210.0%
Net Earnings / Revenue -16531.44% -20171.15% -11049.71% -25054.71% -16494.07%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$465.00 -$537.90 -$559.30 -$411.50 -$391.90 -$762.00 -$969.30 -$2.377K -$2.691K -$1.431K -$2.919K -$2.649K -$3.635K -$3.689K -$30.52K -$14.88K -$14.88K -$14.98K -$8.045K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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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 $606.3K $177.4K $81.80K $186.9K $618.5K $0.00 $62.61K $24.55K $5.100K $12.42K $0.00 $40.00K $10.00K $20.00K $40.00K $180.0K $0.00 $0.00 $60.00K $190.0K
YoY Change 241.73% 116.88% -56.23% -69.79% -100.0% 155.03% 381.37% -58.94% -100.0% 300.0% -50.0% -50.0% -77.78% -100.0% -68.42%
Cash & Equivalents
Short-Term Investments $0.00 $10.00K $40.00K $180.0K
Other Short-Term Assets $15.79K $750.00 $3.750K $123.8K $160.3K $2.810K $32.98K $21.36K $28.88K $31.17K $30.00K $40.00K $60.00K $0.00 $10.00K $20.00K $50.00K $0.00 $20.00K $90.00K $30.00K
YoY Change 2005.33% -80.0% -96.97% -22.76% 5603.2% -91.48% 54.4% -26.04% -7.35% 3.9% -25.0% -33.33% -100.0% -50.0% -60.0% -100.0% -77.78% 200.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $622.1K $178.2K $85.55K $310.7K $778.8K $2.810K $95.59K $45.91K $33.97K $61.60K $30.00K $80.00K $70.00K $20.00K $40.00K $200.0K $50.00K $0.00 $20.00K $150.0K $210.0K
YoY Change 249.16% 108.25% -72.46% -60.11% 27615.3% -97.06% 108.21% 35.15% -44.85% 105.33% -62.5% 14.29% 250.0% -50.0% -80.0% 300.0% -100.0% -86.67% -28.57%
Property, Plant & Equipment $279.2K $165.2K $203.5K $239.3K $207.7K $0.00 $20.31K $54.29K $63.28K $96.26K $130.0K $160.0K $190.0K $220.0K $250.0K $290.0K $0.00 $20.00K $30.00K $0.00
YoY Change 68.98% -18.8% -14.98% 15.23% -100.0% -62.59% -14.21% -34.26% -25.95% -18.75% -15.79% -13.64% -12.0% -13.79% -100.0% -33.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $78.00K $78.00K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% 0.0%
Other Assets
YoY Change
Total Long-Term Assets $279.2K $165.2K $203.5K $239.3K $285.7K $78.00K $20.30K $54.29K $63.28K $96.25K $130.0K $170.0K $190.0K $220.0K $260.0K $290.0K $0.00 $0.00 $2.050M $2.120M $2.150M
YoY Change 68.99% -18.81% -14.98% -16.23% 266.27% 284.24% -62.61% -14.21% -34.25% -25.96% -23.53% -10.53% -13.64% -15.38% -10.34% -100.0% -3.3% -1.4%
Total Assets $901.3K $343.4K $289.0K $550.0K $1.064M $80.81K $115.9K $100.2K $97.25K $157.9K $160.0K $250.0K $260.0K $240.0K $300.0K $490.0K $50.00K $0.00 $2.070M $2.270M $2.360M
YoY Change
Accounts Payable $565.0K $624.6K $517.0K $350.8K $287.1K $481.0K $279.3K $332.1K $244.7K $192.0K $140.0K $140.0K $130.0K $90.00K $130.0K $0.00 $10.00K $0.00 $480.0K $160.0K $50.00K
YoY Change -9.54% 20.8% 47.39% 22.19% -40.31% 72.2% -15.9% 35.73% 27.46% 37.12% 0.0% 7.69% 44.44% -30.77% -100.0% -100.0% 200.0% 220.0%
Accrued Expenses $18.48K $10.81K $16.88K $14.68K $8.080K $60.00K $0.00
YoY Change 70.95% -35.96% 14.99% 81.68%
Deferred Revenue
YoY Change
Short-Term Debt $1.685M $1.064M $1.080M $1.104M $975.9K $1.092M $942.7K $740.8K $1.005M $1.307M $510.0K $530.0K $340.0K $290.0K $220.0K $160.0K $80.00K $0.00 $170.0K $0.00 $120.0K
YoY Change 58.42% -1.54% -2.14% 13.13% -10.64% 15.84% 27.26% -26.27% -23.14% 156.33% -3.77% 55.88% 17.24% 31.82% 37.5% 100.0% -100.0% -100.0%
Long-Term Debt Due $22.26K
YoY Change
Total Short-Term Liabilities $2.431M $1.839M $1.754M $1.469M $1.271M $1.573M $1.222M $1.073M $1.249M $1.499M $650.0K $670.0K $480.0K $380.0K $340.0K $310.0K $140.0K $0.00 $980.0K $210.0K $190.0K
YoY Change 32.18% 4.84% 19.38% 15.61% -19.2% 28.72% 13.9% -14.13% -16.66% 130.65% -2.99% 39.58% 26.32% 11.76% 9.68% 121.43% -100.0% 366.67% 10.53%
Long-Term Debt $99.92K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.97K $0.00 $10.72K $27.59K
YoY Change -100.0% -61.15%
Total Long-Term Liabilities $111.9K $0.00 $10.72K $27.59K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -61.15%
Total Liabilities $2.543M $1.839M $1.765M $1.497M $1.271M $1.573M $1.222M $1.073M $1.249M $1.499M $650.0K $670.0K $480.0K $380.0K $340.0K $310.0K $140.0K $0.00 $980.0K $210.0K $190.0K
YoY Change 38.26% 4.2% 17.9% 17.78% -19.2% 28.72% 13.9% -14.13% -16.66% 130.65% -2.99% 39.58% 26.32% 11.76% 9.68% 121.43% -100.0% 366.67% 10.53%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $44.461 Million

About SEAFARER EXPLORATION CORP

Seafarer Exploration Corp. engages in the archaeologically-sensitive exploration, documentation, recovery, and conservation of historic shipwrecks. The company is headquartered in Tampa, Florida. The company went IPO on 2000-11-27. The Company’s principal business is to develop the infrastructure to engage in rescue archaeology, archaeologically sensitive exploration and research, recovery, and conservation of historic shipwrecks. The business plan includes in-depth archival research and translation of historical documents from archives and repositories from around the world. The plan also includes the development of various new technologies, including the flagship SeaSearcher technology, which improves efficiencies of both time and accuracy, as well as create a smaller operational footprint. The firm is also actively researching, exploring, and testing new technology to help more accurately understand current and future historic shipwreck sites. Its secondary business is to support its historic shipwreck exploration and recovery operations. The Company’s active sites include Melbourne Beach, Florida, and Juno Beach, Florida.

Industry: Services-Amusement & Recreation Services Peers: Wilhelmina International, Inc. CINTAS CORP Civeo Corp TSS, Inc. ODYSSEY MARINE EXPLORATION INC Performant Healthcare Inc VSE CORP