Consumer Cyclical -
Auto - Recreational Vehicles - NASDAQ - CA
$ 1.91
4.37 %
$ 6.98 M
Market Cap
-0.02
P/E
1. INTRINSIC VALUE
FINANCIALS
Balance Sheet
Vision Marine Technologies Inc.
| Current Assets | 8.61 M |
| Cash & Short-Term Investments | 63.1 K |
| Receivables | 184 K |
| Other Current Assets | 8.37 M |
| Non-Current Assets | 2.81 M |
| Long-Term Investments | 5.93 K |
| PP&E | 1.84 M |
| Other Non-Current Assets | 962 K |
| Current Liabilities | 5.72 M |
| Accounts Payable | 3.88 M |
| Short-Term Debt | 223 K |
| Other Current Liabilities | 1.62 M |
| Non-Current Liabilities | 2.68 M |
| Long-Term Debt | 495 K |
| Other Non-Current Liabilities | 2.18 M |
EFFICIENCY
Earnings Waterfall
Vision Marine Technologies Inc.
| Revenue | 3.79 M |
| Cost Of Revenue | 2.3 M |
| Gross Profit | 1.5 M |
| Operating Expenses | 1.5 M |
| Operating Income | 0 |
| Other Expenses | 14.1 M |
| Net Income | -14.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Vision Marine Technologies Inc.
| Net Income | -14.1 M |
| Depreciation & Amortization | 1.02 M |
| Capital Expenditures | -600 K |
| Stock-Based Compensation | 396 K |
| Change in Working Capital | -744 K |
| Others | 4.78 M |
| Free Cash Flow | -12.2 M |
Wall Street Analysts Price Targets
Vision Marine Technologies Inc.
VMAR has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
VMAR does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Vision Marine Technologies Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
The Power of Vision for Electric Boats - How one CEO made it Happen
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - January 5, 2025) - Investorideas.com, a global news source and expert investing resource covering water and renewable energy stocks issues a new edition of the Investorideas.com Cleantech Podcast. Host Cali Van Zant talks to Mr.
newsfilecorp.com
- 2 weeks ago
Green Stock News for December 9, 2024: $FLNC $NFYEF $VMAR $LDTC
Welcome to the green stock news brief for Monday, December 9th. Here are today's top headlines: Fluence Energy (NASDAQ: FLNC) has inaugurated the 200 MW / 400 MWh Rangebank Battery Energy Storage System in Melbourne, Australia, capable of powering 80,000 homes for one hour during peak periods.
youtube.com
- 1 month ago
Vision Marine and Armada Partner to Produce an Innovative Electric Pontoon for North America's Regulated Lakes
MONTRÉAL, QUEBEC / ACCESSWIRE / December 8, 2024 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has announced a strategic partnership with Armada Pontoons, a renowned manufacturer of high-quality pontoon boats based in Quebec, Canada. This collaboration introduces a new electric pontoon boat designed to meet the growing demand for eco-friendly, regulation-compliant, and competitively priced boating solutions for North America's vast network of lakes.
accesswire.com
- 1 month ago
Riding the Wave of an Electric Boat Future- Collaborations Key to Success
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - December 3, 2024) - Investorideas.com, a go-to investing platform covering electric vehicle stocks issues a snapshot on the future of the electric boating market and some of the partnerships moving the sector forward, featuring Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric marine propulsion. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/renewable-energy/12030Electric-Boat.asp According to a recent study by Future Market Insights, "The global electric boats market is on a rapid growth trajectory, expected to expand at a Compound Annual Growth Rate (CAGR) of 10.4% from 2023 to 2033.
newsfilecorp.com
- 1 month ago
Massimo Marine and Vision Marine Technologies Announce Production Partnership for First Commercial Electric Pontoon Platform
Fully Integrated 30-foot Electric Pontoon Platform Designed for Commercial and Recreational Markets Showcases Commitment to Innovation and Sustainability GARLAND, Texas , Dec. 2, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the Company's marine division, Massimo Marine, entered into a partnership with Vision Marine Technologies Inc (Nasdaq: VMAR) ("Vision Marine"), a pioneer in electric marine propulsion. This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets.
prnewswire.com
- 1 month ago
Vision Marine Technologies and Massimo Marine Announce Production Partnership for First Commercial Electric Pontoon Platform
MONTREAL, QC / ACCESSWIRE / December 1, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, has entered into a milestone partnership with Massimo Marine, the marine division of Massimo Group (MAMO). This collaboration will produce a fully integrated 30-foot electric pontoon platform designed for commercial and recreational markets.
accesswire.com
- 1 month ago
Vision Marine Technologies Establishes a Strategic Hub for Electric Boat Sales, Rentals, and Distribution, Marking a Milestone at Dania Pointe's Grand Opening of Aileron Residences
MONTREAL, QC / ACCESSWIRE / November 20, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce its participation in the grand opening of Aileron. The grand opening marks a launch sale event for the prestigious residential project on Thursday, November 21, 2024, at 5 PM, at the Aileron Sales Centre, 50 South Bryan Road, Dania Beach Florida.
accesswire.com
- 1 month ago
Vision Marine Partners With a Major Pontoon Manufacturer to Produce Cutting-Edge Electric Pontoons
MONTREAL, QC / ACCESSWIRE / November 18, 2024 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, is pleased to announce a new production initiative with Smoker Craft Inc., a U.S.-based pontoon manufacturer known for its precision engineering and advanced manufacturing capabilities. This collaboration is expected to produce a state-of-the-art pontoon platform specifically designed to integrate Vision Marine's high-performance (180 HP) electric propulsion systems, specifically the pontoon-designed P-Powerpack.
accesswire.com
- 2 months ago
Vision Marine Technologies Inc. Regains Compliance with Nasdaq Listing Requirements
MONTREAL, QC / ACCESSWIRE / November 7, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR) a pioneer in electric marine propulsion, is pleased to announce that the Company received a compliance notice (the "Notice") from the Nasdaq Hearing Panel (the "Panel") informing the Company that it has regained compliance with the bid price requirement under Nasdaq Listing Rule 5550(a)(2). This compliance fulfils the requirements outlined by the Panel in its decision dated October 3, 2024.
accesswire.com
- 2 months ago
Vision Marine Technologies Granted Extension for Continued Listing on the Nasdaq Stock Market
Vision Marine Announces Reverse Stock Split to Regain Nasdaq Compliance MONTREAL, QC / ACCESSWIRE / October 4, 2024 / Vision Marine Technologies Inc. (the "Company") (NASDAQ:VMAR), a pioneer in electric marine propulsion, today announced that it has received an extension from the Nasdaq Hearings Panel to continue its listing on the Nasdaq Capital Market. This extension allows the Company additional time to regain compliance with Nasdaq's continued listing requirements, subject to meeting specific compliance criteria within designated timeframes.
accesswire.com
- 3 months ago
Vision Marine Technologies Announces the Launch of the E-Motion(TM) 180e Inboard
The Most Efficient and Powerful Inboard Electric Motor System on the Market MONTREAL, QC / ACCESSWIRE / September 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a pioneer in electric marine propulsion, is excited to announce the launch of its revolutionary E-Motion™ 180e Inboard electric motor system. Delivering an impressive continuous 180hp at the propeller, this new system opens an important market segment for Vision Marine, significantly expanding the range of vessels that can benefit from its advanced electric propulsion technology.
accesswire.com
- 3 months ago
Vision Marine Technologies Announces Closing of Common Share Offering
MONTREAL, QC / ACCESSWIRE / September 16, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the closing of its previously announced best-efforts offering of 3,400,000 common shares. Each common share was sold at an offering price of $1.00 per share, for gross proceeds of $3.4 million, before deducting placement agent fees and other offering expenses.
accesswire.com
- 4 months ago
8. Profile
Summary
Vision Marine Technologies Inc. VMAR
COUNTRY
CA
INDUSTRY
Auto - Recreational Vehicles
MARKET CAP
$ 6.98 M
Dividend Yield
0.00%
Description
Vision Marine Technologies Inc. designs, develops, and manufactures electric outboard powertrain systems and electric boats in Canada, the United States, and internationally. It operates in two segments, Sale of Electric Boats and Rental of Electric Boats. The company offers outboard motors, boat parts, and related maintenance services. It also operates an electric boat rental center with a fleet of approximately 20 ships located in Newport beach, California. The company provides its products through its retail e-commerce website, as well as rental boating companies, distributors, and dealers. It serves original equipment manufacturers and end-consumers. The company was formerly known as The Canadian Electric Boat Company. The company was founded in 1995 and is headquartered in Boisbriand, Canada. Vision Marine Technologies Inc. operates as a subsidiary of West Island Brands Inc.
Contact
730 Boulevard du CurE-Boivin, Boisbriand, QC, J7G 2A7
https://www.visionmarinetechnologies.com
IPO
Date
Nov. 24, 2020
Employees
46
Officers
Mr. Xavier Montagne
Chief Technology Officer & Chief Operating Officer
Mr. Alexandre Mongeon
Co-Founder, Chief Executive Officer & Director
Mr. Raffi Sossoyan
Chief Financial Officer