Vision Marine Technologies Inc. (VMAR)

NASDAQ: VMAR · Real-Time Price · USD
0.860
-0.120 (-12.26%)
At close: Feb 21, 2025, 4:00 PM
0.831
-0.029 (-3.37%)
After-hours: Feb 21, 2025, 7:59 PM EST
-12.26%
Market Cap 3.15M
Revenue (ttm) 2.11M
Net Income (ttm) -11.91M
Shares Out 3.66M
EPS (ttm) -43.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 19,002,076
Open 1.140
Previous Close 0.980
Day's Range 0.830 - 1.150
52-Week Range 0.830 - 110.700
Beta -0.11
Analysts Strong Buy
Price Target 270.00 (+31,295.35%)
Earnings Date Apr 14, 2025

About VMAR

Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats in Canada, the United States, and internationally. The company offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; and maintenance, repair, and customer support services, as well as manufactures customized boats. The company also provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The comp... [Read more]

IPO Date Nov 24, 2020
Employees 46
Stock Exchange NASDAQ
Ticker Symbol VMAR
Full Company Profile

Financial Performance

In 2024, VMAR's revenue was 3.79 million, a decrease of -32.86% compared to the previous year's 5.65 million. Losses were -14.06 million, -32.65% less than in 2023.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for VMAR stock is "Strong Buy" and the 12-month stock price forecast is $270.0.

Price Target
$270.0
(31,295.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Vision Marine Technologies Announces Approval of Stock Repurchase Program

MONTRÉAL, QUEBEC / ACCESS Newswire / February 21, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in high-performance electric marine propulsion, tod...

1 day ago - Accesswire

Vision Marine Technologies Strengthens Partnership with Electrified Marina to Propel Electric Boating on the East Coast

MONTREAL, QC / ACCESS Newswire / February 19, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, is pleased ...

2 days ago - Accesswire

Vision Marine Technologies to Present New 180E-Integrated Boats at Carefree 2025 Carefree Boat Club Annual Conference

MONTREAL, QC / ACCESS Newswire / February 17, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces t...

4 days ago - Accesswire

Vision Marine Expands Partnership With Aileron Residences to Launch Electric Boat Rentals and Retail Hub in South Florida

MONTRÉAL, QC / ACCESS Newswire / February 12, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a company specializing in electric marine propulsion, announces t...

9 days ago - Accesswire

Vision Marine Technologies Appoints Pierre-Yves Terrisse to Board of Directors to Strengthen Financial and Strategic Expertise

MONTRÉAL, QC / ACCESS Newswire / February 10, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), a pioneer in high-performance electric marine pr...

12 days ago - Accesswire

Vision Marine Technologies Files Patent Application for Distributed Control System Architecture in Electric Marine Vessels

Enhancing Efficiency, Scalability, and Performance in High-Voltage Electric Powertrains MONTREAL, QC / ACCESS Newswire / February 6, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Mari...

15 days ago - Accesswire

Vision Marine Technologies to Feature Innovative Electric Boats at the Miami International Boat Show

MONTRÉAL, QUEBEC / ACCESS Newswire / February 3, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR), an innovator in electric marine propulsion, w...

18 days ago - Accesswire

Vision Marine Technologies Achieves European CE Certification for E-Motion(TM) Equipped Electric Boat

MONTRÉAL, QC / ACCESS Newswire / January 31, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion...

22 days ago - Accesswire

Vision Marine Technologies Files Patent Application for Independent Fault Detection Technology

Enhancing Performance and Reliability in Electric Marine Powertrains MONTRÉAL, QC / ACCESS Newswire / January 27, 2025 / Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "o...

25 days ago - Accesswire

Vision Marine Technologies Announces Closing of Private Placement

MONTRÉAL, QC / ACCESS Newswire / January 16, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (NASDAQ:VMAR), a leading innovator in electric marine propulsion...

5 weeks ago - Accesswire

Vision Marine Technologies Files Patent Application for Proprietary Battery Encryption System

Vision Marine Technologies Inc. (the "Company," "Vision Marine," "we," "us," "our") (Nasdaq:VMAR) is pleased to announce the filing of its latest patent application with the United States Patent and T...

5 weeks ago - Accesswire

Vision Marine Technologies Announces $5.8 Million Private Placement

Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a pioneer in electric marine propulsion, today announced that it has entered into definitive securiti...

5 weeks ago - Accesswire

Vision Marine Technologies Announces 2025 Boat Show Schedule

MONTREAL, QC / ACCESSWIRE / January 11, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, is ...

5 weeks ago - Accesswire

Vision Marine Technologies Secures Over US$11.7 Million Through At-the-Market Offering to Accelerate Growth and Strategic Acquisitions

BOISBRIAND, QC / ACCESSWIRE / January 10, 2025 / Vision Marine Technologies Inc. ("Vision Marine") (NASDAQ:VMAR), a leader in electric marine propulsion systems, is pleased to announce the successful ...

6 weeks ago - Accesswire

Vision Marine Technologies Innovates HV Marine Battery Packs in Collaboration With Calip Group

MONTREAL, QC / ACCESSWIRE / January 9, 2025 / Vision Marine Technologies Inc. (the "Company", "Vision Marine", "we", "us", "our") (Nasdaq:VMAR), a leading innovator in electric marine propulsion, anno...

6 weeks ago - Accesswire

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 i...

6 weeks ago - Newsfile Corp

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 Syst...

Other symbols: FLNCLDTC
2 months ago - Green Stock News

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 annou...

2 months ago - Accesswire

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...

Other symbols: MAMO
2 months ago - Newsfile Corp

Green Stock News for December 2, 2024: $XPEV $NIU $DGHI $VMAR

Welcome to the green stock news brief for Monday, December 2nd. Here are today's top headlines: XPeng (NYSE: XPEV) has delivered a record 30,895 Smart EVs in November 2024, marking a 54% year-over-yea...

Other symbols: XPEVDGHINIU
2 months ago - Green Stock News

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/ -- ...

Other symbols: MAMO
2 months ago - PRNewsWire

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 i...

2 months ago - Accesswire

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...

3 months ago - Accesswire

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 t...

3 months ago - Accesswire

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...

3 months ago - Accesswire