Vision Marine Technologies Inc. (VMAR)

VMAR Balance Sheet

Financials in millions CAD. Fiscal year is September - August.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	10.89	0.06	3.36	5.82	18.15	1.3
Cash & Short-Term Investments	10.89	0.06	3.36	5.82	18.15	1.3
Cash Growth	3090.96%	-98.12%	-42.33%	-67.90%	1299.48%	-
Accounts Receivable	0.17	0.03	0.06	0.11	0.03	-
Other Receivables	0.2	0.16	0.63	1.08	0.44	0.48
Receivables	0.37	0.18	0.69	1.19	0.47	0.48
Inventory	9.66	7.99	2.45	2.09	1.98	0.49
Prepaid Expenses	0.77	0.38	1.97	2.47	0.54	0.17
Restricted Cash	-	-	-	-	-	0
Other Current Assets	0.02	-	0.02	0.02	0.19	-
Total Current Assets	21.71	8.61	8.49	11.6	21.32	2.44
Property, Plant & Equipment	1.81	1.84	4.73	4.48	4.32	1.19
Long-Term Investments	-	-	-	2.44	2.85	-
Goodwill	-	-	9.68	9.35	9.03	-
Other Intangible Assets	0.88	0.87	0.97	1.11	1.23	-
Long-Term Deferred Tax Assets	0.1	0.09	0.07	-	0.02	-
Other Long-Term Assets	-	0.01	0.11	0.12	0.03	-
Total Assets	24.5	11.42	24.05	29.1	38.8	3.63
Accounts Payable	1.15	3.88	1.11	0.74	0.56	0.59
Accrued Expenses	0.17	0.61	0.65	0.29	0.29	0.05
Short-Term Debt	-	-	0.16	-	-	0.17
Current Portion of Long-Term Debt	0.09	0.1	0.27	0.07	0.01	0.96
Current Portion of Leases	0.12	0.12	0.65	0.56	0.56	0.12
Current Income Taxes Payable	-	-	-	0	0.14	-
Current Unearned Revenue	1.1	0.83	1.82	1.03	0.9	0.02
Other Current Liabilities	2.91	0.18	0.21	0.18	0.24	-
Total Current Liabilities	5.53	5.72	4.85	2.87	2.69	1.91
Long-Term Debt	0.19	0.36	0.03	0.16	0.05	0.35
Long-Term Leases	0.05	0.14	1.99	1.85	2.4	0.55
Long-Term Deferred Tax Liabilities	-	-	0.05	0.19	0.12	0.03
Other Long-Term Liabilities	1.84	2.18	5.56	-	-	-
Total Liabilities	7.61	8.4	12.48	5.07	5.28	2.84
Common Stock	81.07	55.38	50.4	43.44	42.83	2.5
Additional Paid-In Capital	12.61	12.08	11.68	10.56	7.86	0.74
Retained Earnings	-77.95	-65.61	-51.55	-30.67	-17.56	-2.45
Comprehensive Income & Other	1.16	1.17	1.03	0.7	0.39	-
Shareholders' Equity	16.89	3.02	11.56	24.03	33.53	0.79
Total Liabilities & Equity	24.5	11.42	24.05	29.1	38.8	3.63
Total Debt	0.46	0.72	3.1	2.64	3.03	2.15
Net Cash (Debt)	10.43	-0.66	0.26	3.18	15.12	-0.86
Net Cash Growth	-	-	-91.92%	-78.95%	-	-
Filing Date Shares Outstanding	1.16	0.16	-	-	-	-
Total Common Shares Outstanding	1.13	0.02	-	-	-	-
Working Capital	16.18	2.89	3.64	8.73	18.63	0.53
Book Value Per Share	14.93	184.82	-	-	-	-
Tangible Book Value	16.01	2.15	0.92	13.56	23.27	0.79
Tangible Book Value Per Share	14.16	131.67	-	-	-	-
Machinery	2.09	1.9	2.53	2.36	1.55	0.73
Leasehold Improvements	0.42	0.37	0.36	0.26	0.13	0.03

Updated Jan 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q