Vision Marine Technologies Inc. (VMAR)

NASDAQ: VMAR · Real-Time Price · USD
2.730
-0.180 (-6.19%)
At close: Nov 20, 2024, 4:00 PM
3.120
+0.390 (14.29%)
After-hours: Nov 20, 2024, 7:59 PM EST
-6.19%
Market Cap 2.14M
Revenue (ttm) 3.59M
Net Income (ttm) -10.78M
Shares Out 782.59K
EPS (ttm) -125.33
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 64,212
Open 2.880
Previous Close 2.910
Day's Range 2.690 - 3.000
52-Week Range 2.530 - 256.500
Beta -0.05
Analysts Strong Buy
Price Target 270.00 (+9,790.11%)
Earnings Date Jan 14, 2025

About VMAR

Vision Marine Technologies Inc. designs, develops, manufactures, sells, and rents electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; 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 company was forme... [Read more]

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

Financial Performance

In 2023, VMAR's revenue was 5.65 million, a decrease of -23.12% compared to the previous year's 7.35 million. Losses were -20.88 million, 59.2% more than in 2022.

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
(9,790.11% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

9 hours 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 days 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...

13 days 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...

6 weeks 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...

2 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...

2 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...

2 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...

2 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...

3 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...

5 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...

6 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 ...

7 months ago - Accesswire

Vision Marine Technologies Files Second Patent for Electric Marine Vessel Cooling System Control

BOISBRIAND, QC / ACCESSWIRE / May 1, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leading provider of electric propulsion solutions, announces the filing ...

7 months ago - Accesswire

Vision Marine Technologies Files Patent for Advanced System Communication Encryption in E-Motion Powertrain

BOISBRIAND, QC / ACCESSWIRE / April 26, 2024 / Vision Marine Technologies Inc. (the "Company"), a pioneer in electric propulsion innovation, is pleased to announce the patent filing for its cutting-ed...

7 months ago - Accesswire

Vision Marine Technologies Reached New Milestone Achieved in Meeting Future Evolving HV Electric Boating Industry Standards - Test Cell Results

MONTREAL, QC / ACCESSWIRE / April 9, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion, is proud to announce a groundbreak...

8 months ago - Accesswire

Vision Marine Technologies Marks a Strategic Milestone with Neogy Startek's Advanced Lithium Battery Production Facility Completion

MONTREAL, QC / ACCESSWIRE / April 3, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a leader in electric marine propulsion, is thrilled to announce the commi...

8 months ago - Accesswire

Vision Marine Technologies Welcomes Raffi Sossoyan as Chief Financial Officer Amid Transition to Manufacturing and Delivery Phase

MONTREAL, QC / ACCESSWIRE / March 1, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR), a trailblazer in electric recreational boating, is thrilled to announce Raffi Sossoyan as its new Chief Finan...

9 months ago - Accesswire

Vision Marine Technologies Announces Significant Purchase Order and Exclusive Distributorship Agreement with Nautical Ventures Marine Group

MONTREAL, QC / ACCESSWIRE / February 23, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industry...

9 months ago - Accesswire

Vision Marine Technologies Inc. (NASDAQ: VMAR) at Threshold of Major Market Boom in Boating Space

NEW YORK, Feb. 16, 2024 (GLOBE NEWSWIRE) -- NetworkNewsAudio – Vision Marine Technologies Inc. (NASDAQ: VMAR) announces the availability of a broadcast titled, “The Electrifying Rise of Electric Boats...

9 months ago - GlobeNewsWire

Vision Marine Technologies Inc. (NASDAQ: VMAR) ‘Disruptive Force' in Electrification of Recreational Boating

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- via InvestorWire — Vision Marine Technologies Inc. (NASDAQ: VMAR) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), one of...

9 months ago - GlobeNewsWire

Vision Marine Unveils its Phantom Rotomolded Boat and Secures Exclusive Florida Distribution Deal

MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), an innovator in the performance electric recreational boating industr...

9 months ago - Accesswire

Vision Marine Technologies, Inc. Appoints Anthony Cassella, Chief Accounting Officer of MarineMax, to the Board of Directors

MONTREAL, QC / ACCESSWIRE / February 13, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a global leader and innovator within the performance electric recreat...

Other symbols: HZO
10 months ago - Accesswire

Top 5 Consumer Stocks That May Rocket Higher In Q1 - Faraday Future (NASDAQ:FFIE), Digital Brands Group (NASDAQ:DBGI)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: DBGIFFIEMBLYUCAR
10 months ago - Benzinga

Vision Marine Technologies Inc. Announces Close of $3.0 Million Private Placement of Convertible Preferred Shares and Warrants with Investissement Québec

MONTREAL, QC / ACCESSWIRE / January 18, 2024 / Vision Marine Technologies Inc., (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a global leader and innovator within the performance electric recreati...

10 months ago - Accesswire

Vision Marine Technologies Inc. Closes Strategic Investment from the Government of Quebec, Through Investissement Quebec

MONTREAL, QC / ACCESSWIRE / January 10, 2024 / Vision Marine Technologies Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), a global leader and innovator within the performance electric recreatio...

11 months ago - Accesswire