Vision Marine Technologies Inc. (VMAR)

NASDAQ: VMAR · Real-Time Price · USD
1.910
+0.080 (4.37%)
At close: Jan 17, 2025, 4:00 PM
1.860
-0.050 (-2.62%)
After-hours: Jan 17, 2025, 7:59 PM EST
4.37%
Market Cap 6.98M
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 1,202,458
Open 1.810
Previous Close 1.830
Day's Range 1.790 - 1.970
52-Week Range 1.300 - 136.350
Beta -0.10
Analysts Strong Buy
Price Target 270.00 (+14,036.13%)
Earnings Date Jan 13, 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
(14,036.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

3 days 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...

6 days 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...

7 days 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 ...

9 days 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 ...

10 days 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...

11 days 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...

15 days 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
6 weeks 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...

6 weeks 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
6 weeks 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
7 weeks 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
7 weeks 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...

7 weeks 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...

2 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...

2 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...

2 months ago - Accesswire

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 electr...

3 months ago - Accesswire

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...

4 months ago - Accesswire

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...

4 months ago - Accesswire

Vision Marine Technologies Announces $3.4 Million Offering

MONTREAL, QC / ACCESSWIRE / September 13, 2024 / Vision Marine Technologies, Inc. (Nasdaq:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced the pricing...

4 months ago - Accesswire

ePropulsion Teams Up with Vision Marine Technologies to Unveil and Propel the Phantom Plastic Boat

MONTREAL, QC / ACCESSWIRE / September 10, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, announces its strategic alli...

4 months ago - Accesswire

Vision Marine Technologies Announces Reverse Stock Split, Warrant Exchange and Receives Nasdaq Staff Determination Letter Regarding Non-Compliance with Minimum Bid Price Requirement

MONTREAL, QC / ACCESSWIRE / August 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, today announced that its Board...

5 months ago - Accesswire

Vision Marine Technologies Partners with JetRide to Leverage Growing Electric Boat Rental Market

MONTREAL, QC / ACCESSWIRE / June 20, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, is thrilled to announce its partn...

7 months ago - Accesswire

Elevating Marine Propulsion Reliability - Vision Marine Technologies Files its 5th Patent on its Unique Vehicle Control Unit

MONTREAL, QC / ACCESSWIRE / June 3, 2024 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"),a pioneer in electric marine propulsion, is proud to announce the filing of...

8 months ago - Accesswire

Vision Marine Technologies Files 3rd Patent for Its Unique Power Control Management Software

MONTREAL, QC / ACCESSWIRE / May 7, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a pioneer in electric marine propulsion, is proud to announce the filing of ...

9 months ago - Accesswire