VMAR Chart
About

Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; and manufactures customized boats. The company provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The company was formerly known as Riopel Marine Inc. and changed its name to Vision Marine Technologies Inc. in April 2020. Vision Marine Technologies Inc. was founded in 1995 and is headquartered in Boisbriand, Canada.

Fundamentals
Scroll to Statements
Sector Consumer Cyclical Industry Recreational Vehicles Market Cap 2.60M
Enterprise Value 34.63M Income -24.83M Sales 29.42M
Book/sh 33.98 Cash/sh 2.48 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E — Forward P/E -0.03 PEG —
P/S 0.09 P/B 0.08 P/C —
EV/EBITDA -3.39 EV/Sales 1.18 Quick Ratio 0.23
Current Ratio 1.11 Debt/Eq 811.21 LT Debt/Eq —
EPS (ttm) -330.34 EPS next Y -89.29 EPS Growth —
Revenue Growth 152.53% Earnings 2026-04-07 ROA -20.49%
ROE -4.61% ROIC — Gross Margin 30.59%
Oper. Margin -20.06% Profit Margin -84.38% Shs Outstand 996.70K
Shs Float 868.70K Short Float 7.69% Short Ratio 0.51
Short Interest — 52W High 404.40 52W Low 2.50
Beta 0.32 Avg Volume 320.84K Volume 13.00K
Target Price — Recom None Prev Close $2.58
Price $2.61 Change 1.16%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$2.61
Latest analyst target
3. DCF / Fair value
$-524.99
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.61
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2024-07-29 main Ascendiant Capital Buy → Buy $2
2023-10-30 init Ascendiant Capital — → Buy $5
2023-06-09 init Roth MKM — → Buy $6
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership Value
0 4581 — — Barrenechea (Steve P) Director of Issuer — 2026-01-14 00:00:00 D nan
1 4581 — — Ingargiola (Luisa) Director of Issuer — 2026-01-14 00:00:00 D nan
2 7 — — Mongeon (Alexandre) 10% Security Holder of Issuer — 2026-01-14 00:00:00 I nan
3 773 — — Mongeon (Alexandre) 10% Security Holder of Issuer — 2026-01-14 00:00:00 I nan
4 214 — — Mongeon (Alexandre) 10% Security Holder of Issuer — 2026-01-14 00:00:00 D nan
5 2 — — Rathe (Daniel Christopher) Senior Officer of Issuer — 2026-01-14 00:00:00 D nan
6 14334 — — Sossoyan, Raffi Senior Officer of Issuer — 2026-01-14 00:00:00 D nan
7 9 — Disposition in the public market at price 8.55 per share. Moore (Roger Samuel) 10% Security Holder of Issuer — 2025-12-01 00:00:00 D 76.0
8 2920 — Compensation for services at price 1.37 per share. Barrenechea (Steve P) Director of Issuer — 2025-09-02 00:00:00 D 4000.0
9 2920 — Compensation for services at price 1.37 per share. Ingargiola (Luisa) Director of Issuer — 2025-09-02 00:00:00 D 4000.0
Financials
Line Item2025-08-312024-08-312023-08-312022-08-31
TaxEffectOfUnusualItems-2.04M11.83K-2.79K-87.79K
TaxRateForCalcs0.210.020.010.21
NormalizedEBITDA-10.37M-10.32M-14.61M-11.29M
TotalUnusualItems-9.70M697.85K-211.15K-418.05K
TotalUnusualItemsExcludingGoodwill-9.70M697.85K-211.15K-418.05K
NetIncomeFromContinuingOperationNetMinorityInterest-21.65M-10.38M-15.50M-13.11M
ReconciledDepreciation763.97K756.06K781.68K955.51K
ReconciledCostOfRevenue9.02M1.54M2.72M3.38M
EBITDA-20.07M-9.62M-14.83M-11.71M
EBIT-20.83M-10.38M-15.61M-12.67M
NetInterestIncome-1.63M-1.50M-555.33K194.39K
InterestExpense810.71K183.60K105.54K184.90K
InterestIncome156.66K47.14K84.45K379.29K
NormalizedIncome-13.99M-11.07M-15.30M-12.78M
NetIncomeFromContinuingAndDiscontinuedOperation-21.65M-10.38M-15.50M-13.11M
TotalExpenses24.15M12.52M19.24M20.12M
RentExpenseSupplemental37.17K
DilutedAverageShares22.06K408.00206.00155.00
BasicAverageShares22.06K408.00206.00155.00
DilutedEPS-981.20-61.45K-121.50K-85.32K
BasicEPS-981.20-34.46K-101.35K-84.59K
DilutedNIAvailtoComStockholders-21.65M-10.38M-15.50M-13.11M
NetIncomeCommonStockholders-21.65M-10.38M-15.50M-13.11M
NetIncome-21.65M-10.38M-15.50M-13.11M
NetIncomeIncludingNoncontrollingInterests-21.65M-10.38M-15.50M-13.11M
NetIncomeContinuousOperations-21.65M-10.38M-15.50M-13.11M
TaxProvision7.88K-179.03K-207.58K258.34K
PretaxIncome-21.64M-10.56M-15.71M-12.85M
OtherIncomeExpense-9.70M673.17K-119.39K-274.13K
OtherNonOperatingIncomeExpenses1.22K-24.68K91.75K143.92K
SpecialIncomeCharges-16.24M-6.31M-1.89M0.00
GainOnSaleOfBusiness0.0067.38K0.000.00
OtherSpecialCharges832.50K
WriteOff0.000.001.89M0.00
ImpairmentOfCapitalAssets15.46M6.37M0.000.00
RestructuringAndMergernAcquisition-52.30K0.000.00
GainOnSaleOfSecurity6.54M7.00M1.68M-418.05K
NetNonOperatingInterestIncomeExpense-1.63M-1.50M-555.33K194.39K
TotalOtherFinanceCost978.89K1.37M534.23K
InterestExpenseNonOperating810.71K183.60K105.54K184.90K
InterestIncomeNonOperating156.66K47.14K84.45K379.29K
OperatingIncome-10.31M-9.73M-15.04M-12.77M
OperatingExpense15.08M10.83M16.18M16.06M
DepreciationAmortizationDepletionIncomeStatement713.53K610.94K437.39K268.49K
DepreciationAndAmortizationInIncomeStatement713.53K610.94K437.39K268.49K
DepreciationIncomeStatement830.88K588.96K268.49K184.85K
ResearchAndDevelopment1.18M2.01M4.24M2.24M
SellingGeneralAndAdministration13.18M8.21M11.50M13.55M
SellingAndMarketingExpense3.81M1.49M2.58M1.97M
GeneralAndAdministrativeExpense9.37M6.72M8.92M11.58M
OtherGandA5.62M4.13M5.10M5.54M
RentAndLandingFees37.17K
SalariesAndWages3.74M2.59M3.82M6.04M
GrossProfit4.77M1.10M1.14M3.29M
CostOfRevenue9.07M1.69M3.06M4.07M
TotalRevenue13.83M2.79M4.20M7.35M
OperatingRevenue13.83M2.79M4.20M7.35M
Line Item2023-08-31
TreasurySharesNumber0.00
OrdinarySharesNumber122.68K408.00206.00155.00
ShareIssued122.68K408.00206.00155.00
NetDebt32.17M293.17K
TotalDebt46.60M532.53K2.29M2.64M
TangibleBookValue7.97M1.59M740.56K13.56M
InvestedCapital48.04M2.57M8.95M24.26M
WorkingCapital9.28M524.85K-1.42M8.73M
NetTangibleAssets7.97M1.59M740.56K13.56M
CapitalLeaseObligations7.01M192.57K1.95M2.42M
CommonStockEquity8.45M2.23M8.61M24.03M
TotalCapitalization14.87M2.49M8.63M24.18M
TotalEquityGrossMinorityInterest8.45M2.23M8.61M24.03M
StockholdersEquity8.45M2.23M8.61M24.03M
OtherEquityInterest38.73K
GainsLossesNotAffectingRetainedEarnings1.10M717.75K693.37K697.67K
OtherEquityAdjustments1.10M717.75K693.37K697.67K
RetainedEarnings-71.58M-49.93M-39.55M-30.67M
AdditionalPaidInCapital11.79M9.41M9.12M10.56M
CapitalStock67.14M42.03M38.34M43.44M
CommonStock67.14M42.03M38.34M43.44M
TotalLiabilitiesNetMinorityInterest61.46M6.23M9.24M5.07M
TotalNonCurrentLiabilitiesNetMinorityInterest11.77M366.88K1.55M2.20M
DerivativeProductLiabilities2.18M5.56M0.00
TradeandOtherPayablesNonCurrent5.05M0.000.00
NonCurrentDeferredLiabilities5.89K0.0048.58K188.04K
NonCurrentDeferredTaxesLiabilities5.89K0.0048.58K188.04K
LongTermDebtAndCapitalLeaseObligation11.76M366.88K1.50M2.01M
LongTermCapitalLeaseObligation5.34M102.08K1.47M1.85M
LongTermDebt6.42M264.80K24.96K155.26K
CurrentLiabilities49.70M5.86M7.69M2.87M
OtherCurrentLiabilities510.24K1.62M4.19M177.83K
CurrentDeferredLiabilities5.67M676.20K1.34M1.03M
CurrentDeferredRevenue5.67M613.48K1.34M1.03M
CurrentDebtAndCapitalLeaseObligation34.84M165.65K793.63K633.26K
CurrentCapitalLeaseObligation1.67M90.49K478.49K561.17K
CurrentDebt33.17M75.16K315.14K72.09K
OtherCurrentBorrowings657.11K75.16K200.62K72.09K
LineOfCredit32.51M0.00114.52K0.00
CurrentProvisions66.71K67.95K67.73K
PayablesAndAccruedExpenses8.61M3.33M1.30M1.03M
CurrentAccruedExpenses6.06K0.00
InterestPayable6.06K0.00
Payables8.60M3.33M1.30M1.03M
OtherPayable551.07K455.48K585.19K270.84K
DuetoRelatedPartiesCurrent0.00
TotalTaxPayable0.0062.40K24.73K172.38K
IncomeTaxPayable0.003.19K138.31K
AccountsPayable8.05M2.88M1.30M737.95K
TotalAssets69.91M8.46M17.84M29.10M
TotalNonCurrentAssets10.94M2.07M11.57M17.50M
OtherNonCurrentAssets18.06K
NonCurrentDeferredAssets0.0059.96K66.25K0.00
NonCurrentDeferredTaxesAssets0.0059.96K66.25K0.00
NonCurrentNoteReceivables2.44M2.85M
InvestmentsAndAdvances81.66K4.39K84.78K2.55M
InvestmentinFinancialAssets81.66K4.39K84.78K2.55M
HeldToMaturitySecurities0.002.44M2.85M
AvailableForSaleSecurities81.66K4.39K84.78K118.88K
GoodwillAndOtherIntangibleAssets481.20K643.77K7.87M10.47M
OtherIntangibleAssets481.20K643.77K713.06K1.11M
Goodwill0.000.007.15M9.35M
NetPPE10.38M1.36M3.56M4.48M
AccumulatedDepreciation-3.71M-621.28K-2.05M-1.32M
GrossPPE14.08M1.98M3.56M5.80M
Leases8.85M383.75K4.20M3.14M
OtherProperties866.65K880.52K3.56M911.92K
MachineryFurnitureEquipment4.37M720.31K1.64M1.75M
BuildingsAndImprovements2.75M
Properties0.000.000.000.00
CurrentAssets58.97M6.38M6.27M11.60M
RestrictedCash0.00
PrepaidAssets3.77M1.60M1.47M2.47M
Inventory36.87M4.60M1.81M2.09M
FinishedGoods29.26M273.06K522.30K309.24K
WorkInProcess1.57M284.61K369.75K75.17K
RawMaterials6.04M4.04M1.55M1.71M
Receivables10.91M136.62K508.74K1.21M
OtherReceivables34.51K35.11K28.96K208.51K
DuefromRelatedPartiesCurrent10.39M0.000.0016.74K
TaxesReceivable61.58K82.07K72.80K876.19K
AccountsReceivable424.69K19.44K406.97K108.72K
CashCashEquivalentsAndShortTermInvestments7.42M46.79K2.48M5.82M
CashAndCashEquivalents7.42M46.79K2.48M5.82M
CashFinancial7.42M46.79K2.48M5.82M
Line Item2025-08-312024-08-312023-08-312022-08-31
FreeCashFlow-9.26M-8.77M-11.30M-12.20M
RepurchaseOfCapitalStock0.00
RepaymentOfDebt-11.61M-903.10K-691.23K-830.98K
IssuanceOfDebt207.16K387.46K306.12K282.42K
IssuanceOfCapitalStock25.10M5.96M9.41M10.00K
CapitalExpenditure-326.75K-491.36K-726.71K-1.21M
EndCashPosition7.42M46.79K2.48M5.82M
BeginningCashPosition46.79K2.48M4.45M18.15M
ChangesInCash7.37M-2.44M-1.97M-12.32M
FinancingCashFlow14.76M5.52M9.03M-361.78K
CashFlowFromContinuingFinancingActivities14.76M5.52M9.03M-361.78K
NetOtherFinancingCharges1.06M74.91K176.77K33.43M
ProceedsFromStockOptionExercised1.78M12.44M0.00
NetPreferredStockIssuance0.004.63M0.000.00
PreferredStockIssuance0.004.63M0.000.00
NetCommonStockIssuance25.10M1.33M9.41M10.00K
CommonStockPayments0.00
CommonStockIssuance25.10M1.33M9.41M10.00K
NetIssuancePaymentsOfDebt-11.40M-515.64K-385.11K-548.55K
NetShortTermDebtIssuance-10.53M-114.52K114.52K0.00
ShortTermDebtPayments-10.53M-114.52K0.00
ShortTermDebtIssuance114.52K
NetLongTermDebtIssuance-868.77K-401.12K-499.62K-548.55K
LongTermDebtPayments-1.08M-788.59K-691.23K-830.98K
LongTermDebtIssuance207.16K387.46K191.60K282.42K
InvestingCashFlow1.54M326.14K-428.33K-964.50K
CashFlowFromContinuingInvestingActivities1.54M326.14K-428.33K-964.50K
NetOtherInvestingChanges-3.40M
NetInvestmentPurchaseAndSale0.00
NetBusinessPurchaseAndSale1.87M724.45K0.000.00
SaleOfBusiness1.87M724.45K0.000.00
PurchaseOfBusiness0.000.00-5.03M
NetIntangiblesPurchaseAndSale-99.41K-46.93K0.00-32.20K
PurchaseOfIntangibles-99.41K-46.93K0.00-32.20K
NetPPEPurchaseAndSale-227.35K-351.37K-428.33K-932.30K
SaleOfPPE0.0093.06K298.38K243.63K
PurchaseOfPPE-227.35K-444.43K-726.71K-1.18M
OperatingCashFlow-8.93M-8.28M-10.57M-11.00M
CashFlowFromContinuingOperatingActivities-8.93M-8.28M-10.57M-11.00M
TaxesRefundPaid-18.13K-6.78K-10.43K-373.20K
InterestReceivedCFO0.000.0085.00K0.00
ChangeInWorkingCapital624.61K-524.92K1.79M-2.61M
ChangeInOtherWorkingCapital386.05K-50.50K622.05K130.60K
ChangeInOtherCurrentLiabilities0.00-34.00K-52.00K-61.76K
ChangeInOtherCurrentAssets7.66K19.32K6.13K-85.60K
ChangeInPayablesAndAccruedExpense-1.31M2.28M508.61K182.28K
ChangeInPayable-1.31M2.28M508.61K182.28K
ChangeInPrepaidAssets-1.52M-163.98K432.58K-1.93M
ChangeInInventory2.95M-2.76M-205.60K-117.69K
ChangeInReceivables107.54K188.25K475.72K-726.17K
ChangesInAccountReceivables107.54K188.25K-45.59K-152.81K
OtherNonCashItems1.94M2.29M3.27M748.23K
StockBasedCompensation621.98K291.15K843.78K2.70M
AssetImpairmentCharge15.46M6.37M0.000.00
DeferredTax7.88K-172.56K-207.58K258.34K
DeferredIncomeTax7.88K-172.56K-207.58K258.34K
DepreciationAmortizationDepletion763.97K756.06K781.68K955.51K
DepreciationAndAmortization763.97K756.06K781.68K955.51K
Depreciation763.97K756.06K781.68K955.51K
OperatingGainsLosses-6.68M-6.90M-1.53M347.40K
GainLossOnInvestmentSecurities-7.05M-8.23M-1.53M
NetForeignCurrencyExchangeGainLoss369.63K1.25M-127.75K17.40K
GainLossOnSaleOfPPE0.00146.47K128.76K0.00
GainLossOnSaleOfBusiness0.00-67.38K0.000.00
NetIncomeFromContinuingOperations-21.65M-10.38M-15.50M-13.11M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for VMAR
Date User Asset Broker Type Position Size Entry Price Patterns