BWMG
Brownie's Marine Group, Inc.0.0054
+0.0000+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.45MP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
CEO compensation revised upward
Brownie's Marine Group revised CEO Robert Carmichael's compensation effective November 1, 2025, boosting his base salary to $246,000 from prior levels. He now qualifies for a $98,400 bonus tied to revenue, profitability, and compliance goals, plus $150,000 in performance-based restricted stock units and $350,000 in cashless stock options under the 2021 Equity Compensation Plan. This shift incentivizes growth. Equity awards hinge on board decisions.
10-Q
Q2 FY2025 results
Brownie's Marine Group swung to profitability in Q2 FY2025 ended June 30, 2025, posting $2.5M total revenues up 5.4% y/y while gross profit dipped to $885K from $931K, yielding a 35.1% margin versus 38.9% last year—still, operating income climbed 28% y/y to $129K on tighter SG&A controls. YTD through June, revenues edged up 1.3% y/y to $4.0M, but net income of $67K trailed Q2's strength amid softer BLU3 and SSI sales; EPS held flat at $0.00 with no dilution from 450M shares. Cash rose to $454K, bolstered by $36K operating cash flow, while total debt hovered near $440K in convertibles and $80K loans, all current. No free cash flow disclosed in the 10-Q. Related party royalties fell 47%, easing costs. Yet competition in recreational diving squeezes margins.
IPO
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