Sign in

Private company

OCEAN BIO CHEM INC

OCEAN BIO CHEM INC is an American specialty cleaning company, incorporated in Florida.1 It is headquartered in Fort Lauderdale, Florida.1

Last updated Oct 21, 2026.

Overview

  • IndustrySpecialty Cleaning, Polishing and Sanitation Preparations1
  • HeadquartersFort Lauderdale, Florida1
  • Incorporated inFL2
  • Business address4041 Sw 47Th Ave, Fort Lauderdale, Fl 333142
  • Filer categoryNon-accelerated filer, Smaller reporting company2

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

37.8%Gross margin3
16.9%Operating margin3
13.1%Net margin3
15.7%Revenue growth, 20213
17.7%Return on equity3
-$1.9MFree cash flow3

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue62¢$40.0M
  • Research and development0¢$55.0K
  • Selling, general and admin15¢$9.4M
  • Other costs6¢$4.0M
  • Interest0¢$148.6K
  • Income tax4¢$2.3M
  • Profit13¢$8.4M

Out of $64.3M in revenue.3

Where each dollar of operating cash went, fiscal 2021

  • Capital spending86¢$7.4M
  • Dividends paid13¢$1.1M
  • Share buybacks0¢$39.1K

Out of $5.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.3

Financial statements

Revenue456783$64.3M in 2021+89% since 2015
0$20.0M$40.0M$60.0M$80.0M2015: $34.0M$34.0M20152016: $36.2M$36.2M2016+7%2017: $37.9M$37.9M2017+5%2018: $41.8M$41.8M2018+10%2019: $42.3M$42.3M2019+1%2020: $55.6M$55.6M2020+31%2021: $64.3M$64.3M2021+16%
Gross profit456783$24.3M in 2021+114% since 2015
0$10.0M$20.0M$30.0M2015: $11.3M$11.3M20152016: $13.9M$13.9M2016+22%2017: $13.6M$13.6M2017−2%2018: $14.4M$14.4M2018+6%2019: $15.6M$15.6M2019+8%2020: $23.5M$23.5M2020+51%2021: $24.3M$24.3M2021+3%
Operating income456783$10.9M in 2021+1349% since 2015
0$5.0M$10.0M$15.0M2015: $749.5K$749.5K20152016: $3.1M$3.1M2016+313%2017: $3.7M$3.7M2017+19%2018: $3.7M$3.7M2018+1%2019: $4.6M$4.6M2019+24%2020: $12.2M$12.2M2020+164%2021: $10.9M$10.9M2021−11%
Net income456783$8.4M in 2021+1724% since 2015
0$2.5M$5.0M$7.5M$10.0M2015: $460.7K$460.7K20152016: $2.1M$2.1M2016+355%2017: $2.6M$2.6M2017+24%2018: $2.8M$2.8M2018+7%2019: $3.5M$3.5M2019+25%2020: $9.6M$9.6M2020+175%2021: $8.4M$8.4M2021−13%
Fiscal year2015201620172018201920202021
Revenue$34.0M4$36.2M5$37.9M6$41.8M7$42.3M8$55.6M3$64.3M3
Cost of revenue$22.6M4$22.3M5$695.2K6$837.5K6$26.7M8$32.1M3$40.0M3
Gross profit$11.3M4$13.9M5$13.6M6$14.4M7$15.6M8$23.5M3$24.3M3
Research and development$78.0K4$46.0K5$42.0K6$49.0K7$59.0K8$54.0K3$55.0K3
Selling, general and admin$7.6M4$7.7M5$7.3M6$7.6M7$7.8M8$8.4M3$9.4M3
Operating expenses$13.4M3
Operating income$749.5K4$3.1M5$3.7M6$3.7M7$4.6M8$12.2M3$10.9M3
Interest$33.6K4$17.8K4-$2.1K6$121.9K7$118.6K8$132.5K3$148.6K3
Income before tax$10.7M3
Income tax$242.7K4$983.2K5$1.1M6$791.0K7$996.0K8$2.6M3$2.3M3
Net income$460.7K4$2.1M5$2.6M6$2.8M7$3.5M8$9.6M3$8.4M3
Earnings per share$0.054$0.235$0.286$0.307$0.378$1.023$0.893
Earnings per share (diluted)$0.054$0.235$0.286$0.307$0.378$1.023$0.893
Shares (weighted, basic)9.5M shares3
Shares (weighted, diluted)9.5M shares3

Compare OCEAN BIO CHEM INC with another company

Corporate structure

OCEAN BIO CHEM INC is part of a group headed by OneWater Marine Inc.. 33 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of OCEAN BIO CHEM INC

  • OneWater Marine Inc. Buford, Georgia
    • OCEAN BIO CHEM INC Fort Lauderdale, Florida
    • All Oceans Closings LLC Subsidiary · Delaware, United States
    • Bosun’s Assets & Operations, LLC Subsidiary · Delaware, United States
    • Central Assets & Operations, LLC Subsidiary · Delaware, United States
    • CMC Marine, LLC Subsidiary · Delaware, United States
    • Denison Europe SARL Subsidiary · Monaco
    • Denison Yachting, LLC Subsidiary · Delaware, United States
    • Innovative Plastics, LLC Subsidiary · Delaware, United States
    • Kinpak, LLC Subsidiary · Delaware, United States
    • Legendary Assets & Operations, LLC Subsidiary · Florida, United States
    • Midwest Assets & Operations, LLC Subsidiary · Delaware, United States
    • Norfolk Marine Company, LLC Subsidiary · Delaware, United States
    • Norfolk Marine Holdings, Inc. Subsidiary · Delaware, United States
    • Ocean Bio-Chem Holdings, Inc. Subsidiary · Delaware, United States
    • Ocean Bio-Chem Intermediate Holdings, Inc. Subsidiary · Delaware, United States
    • OdorStar Technology, LLC Subsidiary · Florida, United States
    • One Water Assets & Operations, LLC Subsidiary · Delaware, United States
    • One Water Brands Workforce Solutions, LLC Subsidiary · Delaware, United States
    • One Water Marine Holdings, LLC Subsidiary · Delaware, United States
    • One Water Workforce Solutions, LLC Subsidiary · Delaware, United States
    • Quality Assets & Operations, LLC Subsidiary · Delaware, United States
    • Revver Digital, LLC Subsidiary · Delaware, United States
    • Singleton Assets & Operations, LLC Subsidiary · Georgia, United States
    • South Florida Assets & Operations, LLC Subsidiary · Florida, United States
    • South Shore Lake Erie Assets & Operations, LLC Subsidiary · Delaware, United States
    • and 7 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What OCEAN BIO CHEM INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Land$278.3K8 Dec 31, 2020$278.3K8 Dec 31, 20190%
Buildings and improvements$9.6M8 Dec 31, 2020$9.6M8 Dec 31, 20190%
Furniture and fixtures$1.9M8 Dec 31, 2020$1.8M8 Dec 31, 2019+5.7%
Leasehold improvements$587.2K8 Dec 31, 2020$577.1K8 Dec 31, 2019+1.8%
Construction in progress$464.2K8 Dec 31, 2020$142.6K8 Dec 31, 2019+225.5%
Property and equipment, before depreciation$32.0M3 Dec 31, 2021$24.9M3 Dec 31, 2020+28.7%
Accumulated depreciation$15.6M3 Dec 31, 2021$14.8M3 Dec 31, 2020+6.0%
Property and equipment, net$16.4M3 Dec 31, 2021$10.1M3 Dec 31, 2020+62.0%
Operating-lease assets (leased space)$182.5K3 Dec 31, 2021$268.9K3 Dec 31, 2020−32.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$12.7M3 Dec 31, 2021$11.1M3 Dec 31, 2020+14.0%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$1.4M3 Dec 31, 2021$1.7M3 Dec 31, 2020−17.1%
Indefinite-lived intangibles (excluding goodwill)$582.0K3 Dec 31, 2021
Finite-lived intangibles, gross$2.8M8 Dec 31, 2020$3.4M7 Dec 31, 2019−17.2%
Accumulated amortization$2.0M3 Dec 31, 2021$1.7M3 Dec 31, 2020+16.7%
Finite-lived intangibles, net$799.0K3 Dec 31, 2021

Inventory

ItemLatestA year beforeChange
Inventory, total$16.8M3 Dec 31, 2021$13.2M3 Dec 31, 2020+27.7%
Raw materials$7.5M3 Dec 31, 2021$5.4M3 Dec 31, 2020+38.4%
Finished goods$9.7M3 Dec 31, 2021$8.1M3 Dec 31, 2020+19.8%

Leadership

Who has led OCEAN BIO CHEM INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Peter G. Dorau2006–2022

Chair

  1. Peter G. Dorau2008–2022

President

  1. Edward Anchel2006
  2. Peter G. Dorau2006–2022

Chief financial officer

  1. Edward Anchel2006–2007
  2. Jeffrey Barocas2007–2022

Chief operating officer

  1. William Dudman2018–2022
2010201520202025
Board members and other officers (16)

Timeline

  1. Aug 9, 20228-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer29
  2. Jun 22, 20228-K Entered a material agreement; Shareholder vote; Regulation FD disclosure30
  3. Jun 7, 20228-K Shareholder vote31
  4. May 27, 20228-K Other events32
  5. May 26, 20228-K Other events33
  6. May 19, 20228-K Results of operations34
  7. Apr 1, 20228-K Results of operations35
  8. Feb 28, 20228-K Other events36
  9. Jan 20, 20228-K Results of operations37
  10. Nov 23, 20218-K Other events38
  11. Nov 16, 20218-K Results of operations39
  12. Apr 5, 2006New chief executive Peter G. Dorau becomes CEO12

Calendar

When it reported results

  1. May 19, 2022Reported quarterly or annual results34
  2. Apr 1, 2022Reported quarterly or annual results35
  3. Jan 20, 2022Reported quarterly or annual results37
  4. Nov 16, 2021Reported quarterly or annual results39

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

45 filings to the SEC since October 2021: 1 annual reports, 3 quarterly reports, 11 major events, 13 insider forms, 4 large holders, 13 other. The latest 20:

  1. Feb 15, 2023SC 13G/A EDGAR
  2. Aug 19, 202215-12G EDGAR
  3. Aug 9, 202225-NSE EDGAR
  4. Aug 9, 20224 EDGAR
  5. Aug 9, 20224 EDGAR
  6. Aug 9, 20224 EDGAR
  7. Aug 9, 20224 EDGAR
  8. Aug 9, 20224 EDGAR
  9. Aug 9, 20224 EDGAR
  10. Aug 9, 20224 EDGAR
  11. Aug 9, 20224 EDGAR
  12. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  13. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  14. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  15. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  16. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  17. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  18. Aug 9, 2022S-8 POS REGISTRATION STATEMENT EDGAR
  19. Aug 9, 20228-K CURRENT REPORT EDGAR
  20. Aug 9, 2022SC 13D/A EDGAR

The 45 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How OCEAN BIO CHEM INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAROCEAN BIO CHEM INC1
  • CIK0000350737
  • Employer ID (EIN)59-15643291
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inFlorida1
  • Fiscal year endsDecember 311
  • Industry code (SIC)2842 Specialty Cleaning, Polishing and Sanitation Preparations1
  • Business address4041 Sw 47Th Ave, Fort Lauderdale, FL 333141
  • Mailing address4041 Sw 47Th Ave, Ft Lauderdale, FL 330281
  • Phone95458762801
  • Shares outstanding9,509,799 as of Aug 3, 202210
  • Public float$35.7M as of Jun 30, 20213
  • On EDGAR sinceAug 11, 19951
  • Filings727 in all: 4 (312), 8-K (154), 10-Q (82), 10-K (27), DEF 14A (27), 5 (21), 8-K/A (14), UPLOAD (12)1
    All 29 form types

    4/A (11), S-8 POS (11), CORRESP (8), S-8 (7), SC 13G (6), 3 (5), SC 13G/A (5), 10-K/A (3), 10-Q/A (3), ARS (3), DEFA14A (3), SC 13D (3), DEFR14A (2), 10-C (1), 15-12G (1), 25-NSE (1), 3/A (1), DEFM14C (1), PRE 14A (1), PREM14C (1), SC 13D/A (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2022
    Quarterly report (10-Q) Aug 4, 2022
    Proxy statement (DEF 14A) Apr 11, 2022
    Latest 8-K (8-K) Aug 9, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
    SEC EDGAROther events
  33. 33
    SEC EDGAROther events
  34. 34
  35. 35
  36. 36
    SEC EDGAROther events
  37. 37
  38. 38
    SEC EDGAROther events
  39. 39
  40. 40
  41. 41