Vision Marine Technologies Inc. VMAR

7.83 (0.23) (2.85%) as of 25 Sep
Market cap
$5.3M
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.23
Total sells 0.16
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — 7 2 — —
Sell — — — — — — — — 5 3 — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 5.26
Revenue 62.04
Net Income (24.71)
Free Cash Flow 3.82
Net Debt 17.67
Current Ratio 1.26
Debt/Equity 3.13
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 0.03
Past 5Y EPS Growth 7.53%
This Y EPS Growth 99.29%
Next Y EPS Growth 40.58%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 2 0 7 1
Receivables 0 0 11 7
Inventory 2 5 37 21
Other 0 0 0 0
6 6 59 33
2023 2024 2025 Q'26
Payables 1 3 9 8
ST’ Debt 0 0 33 11
Other 2 2 6 4
4 6 50 26
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 50.39% 33.77%
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 70.35% (23.52%)

Revenue

Nov Feb May Aug Year
’26 16 15 18 — —
’25 0 0 0 13 14
’24 1 1 0 1 3
’23 1 1 1 2 4
’22 1 1 2 3 6
’21 0 0 1 2 3
’20 — 0 — — 2
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Nov Feb May Aug Year
’26 2 (1) 2 — —
’25 (4) (4) (2) 2 (9)
’24 (3) (4) (1) 0 (8)
’23 (3) (2) (3) (2) (10)
’22 (3) (3) (1) (1) (9)
’21 — (4) (3) 0 (7)
’20 — 0 — — 0
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Nov Feb May Aug Year
’26 2 (2) 2 — —
’25 (4) (4) (3) 2 (9)
’24 (3) (5) (1) 0 (9)
’23 (3) (2) (3) (2) (11)
’22 (3) (4) (1) (1) (9)
’21 — (4) (3) 0 (7)
’20 — 0 — — 0
in millions of $ · fiscal quarters ending in the months shown

EPS

Nov Feb May Aug Year
’26 (3.44k) (232.00) (291.00) — —
’25 (57.20k) (15.56k) (18.60k) (7.45k) (98.12k)
’24 0.07 (0.53) (971.61k) (1.03m) (4.52m)
’23 (0.60) (0.57) (0.23) (0.27) (1.67)
’22 (0.33) (0.40) (0.18) (0.33) (1.24)
’21 (0.22) (0.44) (0.48) — (1.61)
’20 (0.03) (0.04) — — (0.41)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — 57,780,000.00 24,570,000.00 18,090,000.00 5,454,000.00 52,000.00 636.00

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — 96,660,000.00 94,446,000.00 47,466,000.00 30,240,000.00 6,210,000.00 156,000.00
High Price
— — — — 15 22 51 46 20 154
Employees
— — 0 0 0 0 0 0 0 0
Revenue/Emp
— — 1 2 2 3 6 4 3 14
Revenue
— — 31.15% 25.00% 25.00% 45.65% 44.70% 27.18% 39.48% 34.46%
Gross Margin
— — 0 (2) (2) (12) (10) (16) (11) (22)
EBT
— — (2.68%) (93.26%) (93.26%) (427.13%) (174.86%) (374.38%) (378.61%) (156.47%)
EBT Margin
— 0 0 0 (2) (12) (10) (15) (10) (22)
Net Income
— — 0 0 0 0 1 1 1 1
Depreciation
— — 0.13 0.00 0.43 0.37 0.69 0.45 0.00 69,163.00
Revenue/Sh
— — (0.02) 0.02 (0.41) (1.61) (1.24) (1.67) (4,517,600.00) (98,120.00)
Earnings/Sh
— — 0.01 (0.01) (0.08) (0.88) (1.04) (1.12) 0.00 (44,652.00)
Cash Flow/Sh
— — 0.00 0.00 (0.01) (0.11) (0.09) (0.04) 0.00 (1,633.50)
Capex/Sh
— — 0.01 (0.01) (0.09) (0.99) (1.13) (1.16) 0.00 (46,285.50)
Free CF/Sh
— — (0.04) 0.00 0.14 3.57 2.27 0.93 0.00 42,255.00
Book Value/Sh
— — 8 8 4 7 8 9 0 0
Shares
— — 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
— — 338,057,051.98 338,057,051.98 338,057,051.98 102,725,621.36 49,974,494.49 44,377,737.21 0.00 0.08
PS Ratio
— — 0.00 0.00 0.00 10,878,374.74 15,288,391.80 21,687,477.81 0.00 0.14
PB Ratio
— — 338,057,053.00 338,057,053.00 338,057,053.00 102,725,617.10 49,974,493.98 44,377,737.02 0.14 2.43
EV/Sales
— — 0.00 0.00 0.00 (42,299,846.29) (30,712,206.83) (17,202,907.67) (0.05) (3.63)
EV/FCF
— — 0 0 0 (7) (9) (10) (8) (9)
Op' Cash Flow
— — 0 0 0 (1) (1) 0 0 0
Capex
— — 0 0 0 (7) (9) (11) (9) (9)
FCF
— — 0 0 0 15 7 3 1 9
Working Cap'
— — 0 0 1 2 2 2 0 40
Total Debt
— — 0 (1) 0 (12) (3) (1) 0 32
Net Debt
— — 0 1 1 26 19 9 2 8
Sh' Equity
— — (19.04%) (62.66%) (62.66%) (71.58%) (38.55%) (76.11%) (78.94%) (55.26%)
ROA
— — 0.00% 0.00% (214.17%) (45.20%) (39.36%) (120.44%) (231.72%) (15.75%)
ROIC
— — 71.24% 93.04% 275.16% (88.20%) (45.48%) (112.82%) (192.02%) (405.45%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Aug 2025 · latest quarter May 2026

Vision Marine Technologies Inc. peers in Recreational Vehicles

All 16 Recreational Vehicles stocks →

Vision Marine Technologies Inc. (VMAR) key facts

  • Vision Marine Technologies Inc. (VMAR) is a Recreational Vehicles company in the Consumer Cyclical sector, listed on Nasdaq.
  • Vision Marine Technologies Inc.’s revenue for fiscal 2025 (year ended August 2025) was $13.8 million, up 395.8% from fiscal 2024.
  • Vision Marine Technologies Inc. reported a net loss of $21.7 million, or a loss of $98,120.00 per share, for fiscal 2025.
  • As of September 25, 2026, VMAR traded at $7.83, a market capitalization of $5.3 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.0× sales.
  • Return on equity was −405.5% and debt-to-equity 3.13.

Source: company filings (standardised) and stockrow calculations.

Vision Marine Technologies Inc. (VMAR) Latest News

News by impact score

Fine-tune

25 Aug

3

Vision Marine Technologies Inc. filed a U.S. patent application to advance E-Motion charging protection. Patent application strengthens core electric propulsion technology development.

24 Aug

4

Vision Marine Technologies signs letter of intent for proposed business combination with undisclosed counterparty. Letter of intent for business combination signals major strategic move likely to alter company trajectory and investor sentiment.

19 Aug

4

Vision Marine Technologies partners with Avikus, an HD Hyundai company, to integrate NEUBOAT systems with E-Motion electric propulsion. Partnership with HD Hyundai subsidiary advances E-Motion propulsion into NEUBOAT vessels and expands marine market reach.

17 Aug

3

Vision Marine Technologies Inc. obtained a U.S. patent for powertrain authentication tied to its E-Motion electric propulsion systems. Patent strengthens intellectual property protection around core E-Motion technology and supports competitive positioning in electric marine propulsion.

5 Aug

3

Vision Marine Technologies authorizes a share repurchase program to enhance capital allocation flexibility and long-term shareholder value. Share repurchase authorization can lift near-term stock sentiment and reduce outstanding shares but leaves core operations unchanged.

3 Aug

3

Vision Marine Technologies advances European E-Motion integration program with STERK Yachts. Partnership advances E-Motion program in Europe without altering company trajectory.

28 Jul

3

Vision Marine Technologies launches connected battery monitoring app to enhance electric boat ownership experience. App introduction adds product feature that may support customer engagement without altering core operations.

21 Jul

4

Vision Marine Technologies Inc. (VMAR) announced the next phase of its marine technology strategy. Next-phase strategy announcement signals major moves likely to shift VMAR trajectory and investor sentiment.

14 Jul

3

Vision Marine Technologies Inc. completed its US$16.3 million at-the-market equity offering program. Equity raise supplies $16.3 million cash to fund operations while increasing share count.

13 Jul

3

Vision Marine Technologies Inc. (VMAR) posted 27% sequential Q3 revenue growth. Sequential revenue growth signals improving results but lacks scale or context to indicate major trajectory shifts.

2 Jul

3

Vision Marine Technologies Inc. files U.S. patent application for dual-mode electric outboard trim control. Patent filing advances electric propulsion technology and may strengthen competitive positioning in marine markets.

1 Jul

3

Vision Marine Technologies enhances E-Motion control-electronics production through collaboration with Circuits Central. Production enhancement supports operations with moderate but non-transformative effects on trajectory.

24 Jun

3

Vision Marine Technologies received a USPTO Notice of Allowance for its electric-vessel powertrain authentication technology. Patent allowance advances VMAR intellectual property protection in core electric boat powertrain systems.

16 Jun

3

Vision Marine Technologies marks one year of Nautical Ventures integration, stressing operational discipline and platform expansion. Integration milestones and expansion steps point to steady operational gains without major strategic shifts.

10 Jun

3

Vision Marine Technologies extends Nextfour agreement through 2029 to enhance E-Motion connected platform capabilities. Long-term partnership extension supports E-Motion platform growth and competitive positioning.

9 Jun

3

Vision Marine Technologies advances E-Motion platform through real-world boat testing and system-level technology improvements. Ongoing E-Motion platform testing and improvements support product innovation with moderate effects on operations and positioning.

4 Jun

3

Vision Marine Technologies advances E-Motion Power Distribution Unit manufacturability and engages contract manufacturer to support production planning. Production scaling steps for core E-Motion technology can moderately affect operational capacity and market positioning.

2 Jun

3

Vision Marine Technologies receives first Octillion Power Systems sample packs to advance E-Motion electric boat motor market offering. Early receipt of battery samples supports core E-Motion product development with moderately noticeable effects on innovation trajectory.

28 May

3

Vision Marine Technologies continues development of its refined P PowerPack for pontoon applications. Continued powerpack development supports incremental product innovation in core electric marine offerings.

27 May

3

Vision Marine Technologies Inc. activates its E-Motion data platform to improve predictive maintenance, warranty intelligence and post-sale powertrain optimization. Platform activation advances product innovation and operational capabilities with moderately noticeable effects on company performance.

21 May

3

Vision Marine Technologies Inc. filed its 16th U.S. patent application covering electronic reverse-thrust architecture for electric outboards. Patent filing advances VMAR intellectual property in core electric propulsion technology.

19 May

3

Vision Marine Technologies Inc. updated shareholders on commercial expansion and operational execution progress, including electric boat market growth and business development initiatives. Shareholder update on expansion signals moderate strategic progress likely to influence operations and sentiment without major trajectory shifts.

12 May

4

Vision Marine Technologies announces proposed sale of Fort Lauderdale property for up to US$10.0 million to centralize retail operations at Anglers Marina. Proposed $10 million asset sale delivers significant liquidity and operational efficiency through retail centralization.

6 May

3

Vision Marine Technologies Inc. (VMAR) renewed and expanded its floor plan credit facility to support inventory deployment across the Nautical Ventures platform. Renewing and expanding the credit facility boosts liquidity for inventory expansion, moderately enhancing financial flexibility and operational growth.

29 Apr

4

Vision Marine Technologies Inc. (VMAR) will commence trading on the TSX Venture Exchange. Uplisting to TSX Venture Exchange boosts visibility, liquidity, and capital access for VMAR.

27 Apr

4

Vision Marine Technologies Inc. (VMAR) secured conditional approval for listing on the TSX Venture Exchange, expanding capital markets access for its marine technology platform. Conditional TSX Venture Exchange listing approval provides VMAR broader capital access, enhancing funding potential and market visibility.

15 Apr

4

Vision Marine Technologies accelerates operational transformation with NVG segment nearing EBITDA breakeven and significant balance sheet improvements. NVG segment approaching EBITDA breakeven alongside balance sheet enhancements represent major strategic financial progress for VMAR.

14 Apr

4

Vision Marine Technologies Inc. (VMAR) activates AI-enabled retail platform to enhance sales execution across Nautical Ventures Network. AI platform activation boosts sales efficiency across dealer network, enabling significant revenue growth and market expansion.

7 Apr

4

Vision Marine Technologies expands its commercial operator channel through initial hospitality fleet deployment in Michigan. Initial fleet deployment expands commercial channels into hospitality sector, signaling significant strategic growth.

30 Mar

4

Vision Marine Technologies and Nautical Ventures secure exclusive Twin Vee territory in Broward County and introduce the Signature Adventure V Edition. Exclusive territory expansion in Broward County and new product edition launch drive significant market growth and sales potential for VMAR.

stockrow.com/VMAR · Data as of May 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com