Vision Marine Technologies Inc. (VMAR) Stock
Vision Marine Technologies stock price chart
VMAR stock quote & key statistics
Vision Marine Technologies annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $13.8M | -$21.7M | $50887.08 |
| FY2024 | $3.8M | -$14.0M | -$283908.28 |
| FY2023 | $5.7M | -$21.0M | -$139305.32 |
| FY2022 | $7.6M | -$13.5M | -$1.28 |
| FY2021 | $3.5M | -$15.0M | -$1.46 |
Fiscal year ending August 31. Source: company filings via EODHD.
About Vision Marine Technologies Inc.
Vision Marine Technologies Inc., headquartered in Boisbriand, Canada, specializes in the design, development, and manufacturing of electric outboard powertrain systems and electric boats, catering to markets across Canada, the United States, and internationally. The company operates through two primary segments: the Sale of Electric Boats and Rental of Electric Boats. Its product offerings include a range of electric outboard motors, boat parts, and associated maintenance services aimed at enhancing sustainability in marine transportation.
Founded in 1995 as The Canadian Electric Boat Company and rebranded as Vision Marine Technologies Inc., the company has evolved into a leading player in the electric boating sector. Notably, Vision Marine Technologies operates an electric boat rental center based in Newport Beach, California, boasting a fleet of approximately 20 ships. This strategic initiative not only promotes eco-friendly boating alternatives but also showcases the company's commitment to expanding accessibility to electric marine solutions.
Vision Marine Technologies Inc. distributes its innovative products through various channels, including its own retail e-commerce platform, rental boating companies, distributors, and dealers, thereby serving both original equipment manufacturers and direct consumers. As a subsidiary of West Island Brands Inc., Vision Marine Technologies continues to pioneer advancements in electric propulsion technologies, reinforcing its position at the forefront of sustainable boating innovation globally.
Vision Marine Technologies stock FAQ
What is the Vision Marine Technologies stock ticker symbol?
Vision Marine Technologies Inc. trades on the NASDAQ under the ticker symbol VMAR.
What sector and industry is Vision Marine Technologies in?
Vision Marine Technologies Inc. is classified in the Consumer Cyclical sector, Recreational Vehicles industry.
What were Vision Marine Technologies's revenue and earnings last fiscal year?
Vision Marine Technologies reported revenue of $13.8M and net income of -$21.7M in fiscal 2025, with earnings per share of $50887.08. Revenue grew 267.6% from the prior year.
When did Vision Marine Technologies go public?
Vision Marine Technologies stock began trading on November 24, 2020.