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ocean bio-chem inc (OBCI) Details

Ocean Bio-Chem, Inc. manufactures, markets, and distributes appearance, performance, and maintenance products for the marine, automotive, power sports, recreational vehicle, and outdoor power equipment markets in the United States and Canada. The company offers marine products, including polishes, cleaners, protectants, waxes, enzyme fuel treatments, private label products, motor and teak oils, boat washes, vinyl and teak cleaners, bilge and hull cleaners, silicone and polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and anti-freeze coolants; and brushes, brush handles, tie-downs, and other related accessories. It also manufactures automotive products, such as fuel treatments for gas and diesel engines, motor oils, greases, and related items; anti-freeze and windshield washes; and automotive polishes, cleaners, and other items. In addition, the company offers fuel treatment and other specialty products to the recreational vehicle market; solutions to various problems associated with E-10 fuel; and other specialty recreational vehicle/power sports products, including cleaners, polishes, detergents, fabric cleaners and protectors, silicone sealants, waterproofers, gasket materials, degreasers, vinyl cleaners and protectors, toilet treatment fluids, and anti-freeze/coolants. Further, it provides solutions to rectify operating engine problems in commercial lawn, and other home and garden power equipment; and blends and packages chemical formulations, as well as manufactures PVC and HDPE blow molded bottles. Additionally, the company offers disinfectants and air care products for deodorizing, as well as products to eliminate mold and mildew; and PVC and HDPE blow molded bottles. Ocean Bio-Chem, Inc. sells its products under the Star Tron, Performacide, and Star brite brands through retailers and online retailers, as well as to distributors. The company was founded in 1973 and is headquartered in Fort Lauderdale, Florida.

151 Employees
Last Reported Date: 03/29/19
Founded in 1973

ocean bio-chem inc (OBCI) Top Compensated Officers

Co-Founder, Chairman, CEO & President
Total Annual Compensation: $244.5K
CFO, VP of Finance & Director
Total Annual Compensation: $232.1K
COO, VP, Secretary & Director
Total Annual Compensation: $229.6K
Executive VP of Sales & Marketing & Director
Total Annual Compensation: $251.6K
Compensation as of Fiscal Year 2018.
ocean bio-chem inc
Ocean Bio-Chem, Inc. Announces Earnings Results for the First Quarter Ended March 31, 2019

Ocean Bio-Chem, Inc. announced earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net sales of USD 9,081,000 against USD 8,384,000 a year ago. Net income was USD 715,000 against USD 523,000 a year ago. Earnings per share was USD 0.08 against USD 0.06 a year ago.

Ocean Bio-Chem, Inc., Annual General Meeting, Jun 03, 2019

Ocean Bio-Chem, Inc., Annual General Meeting, Jun 03, 2019, at 10:00 US Eastern Standard Time. Location: corporate offices located at 4041 S. W. 47th Avenue Fort Lauderdale Florida United States Agenda: To elect eight directors to serve until the annual meeting of shareholders in 2020 or until their respective successors have been duly elected and qualified; to vote on a proposal to ratify the appointment of Accell Audit & Compliance, P.A. as the Company's independent registered public accounting firm for 2019; to vote, on an advisory basis, on a proposal to approve the compensation of named executive officers; and to transact such other business as may properly come before the meeting.

Ocean Bio-Chem, Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2018; Provides Sales Guidance for Year 2019

Ocean Bio-Chem, Inc. announced earnings results for the fourth quarter and the year ended December 31, 2018. For the quarter, the company reported net sales of USD 8,835,000 against USD 8,763,000 a year ago. Net loss was USD 122,000 against the profit of USD 293,000 a year ago. Basic and diluted loss per share was USD 0.01 against EPS of USD 0.03 a year ago. For the year, the company reported net sales of USD 41,800,000 against USD 37,940,000 a year ago. Net income was USD 2,795,000 against USD 2,604,000 a year ago. Basic and diluted EPS were USD 0.30 against USD 0.28 a year ago. For the Fiscal year 2019, the company expects to continue to generate strong sales.


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Price/Earnings 10.6x
Price/Sales 0.7x
Price/Book 1.1x
Price/Cash Flow 10.7x
TEV/Sales 0.6x

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