Vision Marine Technologies, Inc. (VMAR)

NASDAQ: VMAR · IEX Real-Time Price · USD
6.95
-0.48 (-6.46%)
At close: Aug 18, 2022 3:57 PM
6.87
-0.08 (-1.15%)
After-hours: Aug 18, 2022 7:52 PM EDT
-6.46%
Market Cap 58.45M
Revenue (ttm) 4.89M
Net Income (ttm) -10.28M
Shares Out 8.41M
EPS (ttm) -1.53
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 45,126
Open 7.42
Previous Close 7.43
Day's Range 6.75 - 7.48
52-Week Range 3.35 - 8.79
Beta n/a
Analysts Buy
Price Target 20.40 (+193.5%)
Earnings Date Jul 13, 2022

About VMAR

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 re... [Read more...]

Industry Leisure Products
IPO Date Nov 24, 2020
Employees 14
Stock Exchange NASDAQ
Ticker Symbol VMAR
Full Company Profile

Financial Performance

In 2021, VMAR's revenue was 3.51 million, an increase of 45.37% compared to the previous year's 2.42 million. Losses were -15.11 million, 564.2% more than in 2020.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for VMAR stock is "Buy." The 12-month stock price forecast is 20.4, which is an increase of 193.53% from the latest price.

Price Target
$20.4
(193.53% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vision Marine Technologies Reports Third Quarter 2022 Financial Results

Two Consecutive Quarters of Triple Digit Sales Growth Two Consecutive Quarters of Triple Digit Sales Growth

Vision Marine ($VMAR) Partners with Groupe Beneteau to Develop 100% Electric Outboard-Equipped Boats

Vision Marine Technologies has announced a partnership with Groupe Beneteau to integrate the company's high-power outboard motors onboard several models across Groupe Beneteau's brand portfolio. The Vis...

Groupe Beneteau launches a partnership with Vision Marine Technologies to develop and market 100% electric outboard-e...

MONTREAL, July 18, 2022 (GLOBE NEWSWIRE) -- Groupe Beneteau, a global market leader in recreational boating, and Vision Marine Technologies (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the leader ...

Vision Marine Technologies Wins 2022 Tripadvisor Travelers' Choice Award for Vision Electric Boat Rentals

Vision Marine's Great Customer Reviews Land it a Place Among Travelers' Favorites Vision Marine's Great Customer Reviews Land it a Place Among Travelers' Favorites

Vision Marine Technologies Provides an Update on E-Motion™ Technology and On-Water Testing with OEMs

MONTREAL, May 24, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global technology leader in the electric transition of the recreational...

Vision Marine Technologies to Present at the Planet MicroCap Showcase 2022 in Las Vegas on Wednesday, May 4, 2022

MONTREAL, QC / ACCESSWIRE / April 25, 2022 / Vision Marine Technologies, Inc. (NASDAQ:VMAR) ("Vision Marine" or the "Company"), the global technology leader in the electric transition of the recreationa...

Vision Marine is an Aggressive Growth Stock

VMAR has seen a big move as oil prices move higher.

Vision Marine Technologies Expansion Plans for Rental Operations into Florida

MONTREAL, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global technology leader in the electric transition of the recreationa...

Vision Marine Inks Joint Development Agreement With Weismann Marine

Vision Marine Technologies Inc (NASDAQ: VMAR) has signed a joint development agreement with Weismann Marine LLC to design and develop a lower unit assembly for its E-Motion 180 HP outboard propulsion sy...

Vision Marine Technologies Enters into a Joint Development Agreement with Weismann Marine, LLC

MONTREAL, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global technology leader in the electric transition of the recreationa...

Vision Marine Provides Update on E-Motion™ Powertrain Initiatives And Other Corporate Developments

MONTREAL, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global technology leader in the electric transition of the recreationa...

Vision Marine Technologies Partners with Nextfour Solutions Ltd to Develop a Customized Smart Navigation System

Integrates all boating and navigation functions into one sharp and bright touch display Integrates all boating and navigation functions into one sharp and bright touch display

Vision Marine Stock Jumps On Partnership With Octillion For High Density Batteries

Vision Marine Technologies Inc (NASDAQ:VMAR) has partnered with Octillion Power Systems to develop a customized high voltage 35 KW high-density battery. The financial terms were not disclosed.

Vision Marine Technologies Partners with Octillion Power Systems to Develop Proprietary High Density Batteries for It...

MONTREAL, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric transition of the recreational boating i...

Vision Marine Technologies Announces Share Repurchase Program

MONTREAL, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric transition of the recreational boating i...

Vision Marine Technologies Adds COO Role To Chief Technology Officer Xavier Montagne

Vision Marine Technologies Inc (NASDAQ: VMAR) has appointed Xavier Montagne, its Chief Technology Officer, to the additional role of Chief Operating Officer (COO). Montagne has been a visionary regardin...

Xavier Montagne Appointed to Chief Operating Officer of Vision Marine Technologies, Inc.

MONTREAL, Dec. 17, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric transition of the recreational boating i...

Vision Marine Technologies to Present at Sidoti Virtual Investor Conference

MONTREAL, Dec. 8, 2021 /PRNewswire/ -- WHAT:         Vision Marine Technologies, Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), the leading provider of electric outboard motors, will present du...

Vision Marine Technologies to Present at Sidoti Virtual Investor Conference December 8-9, 2021

MONTREAL, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (NASDAQ: VMAR) (“Vision Marine” or the “Company”), today announced that Kulwant Sandher (CFO) and Bruce Nurse (Investor Relat...

Vision Marine Technologies Partners with Linamar Corporation Subsidiary McLaren Engineering on E-Motion™ Fully Electr...

To Provide Necessary Scale to Serve Major Original Equipment Manufacturers To Provide Necessary Scale to Serve Major Original Equipment Manufacturers

Vision Marine Technologies, Inc. to Showcase its E-Motion™ 180hp Fully Electric Powertrain on a Starcraft EX 22 Foot ...

MONTREAL, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric recreational boating industry serving b...

The Limestone Boat Company to Present at the Benzinga's EVCon; The Driving Force Behind Green Transportation

COLLINGWOOD, Ontario, Sept. 21, 2021 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited (“Limestone”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pl...

Vision Marine Technologies, Inc. to Showcase E-Motion™ the First Fully Electric 180hp Outboard Motor at IBEX 2021

MONTREAL, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Vision Marine Technologies, Inc. (Nasdaq: VMAR) (“Vision Marine” or the “Company”), the global leader in the electric recreational boating industry serving b...

The Limestone Boat Company Ships First Two Test Models to Vision Marine Technologies for EV Integration

COLLINGWOOD, Ontario, Sept. 13, 2021 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited (“Limestone”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – is pl...

Vision Marine Technologies Shatters Its Own Speed Record with its Bruce 22, Powered by Its Groundbreaking E-Motion™ P...

First on-water event to showcase the Company's disruptive and uniquely powerful E-Motion™ 180 hp fully electric outboard motor First on-water event to showcase the Company's disruptive and uniquely powe...