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	Feb 28, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020
Cash & Equivalents	15.32	0.06	3.36	5.82	18.15	1.3
Cash & Short-Term Investments	15.32	0.06	3.36	5.82	18.15	1.3
Cash Growth	1193.09%	-98.12%	-42.33%	-67.90%	1299.48%	-
Accounts Receivable	0.13	0.03	0.06	0.11	0.03	-
Other Receivables	0.18	0.16	0.63	1.08	0.44	0.48
Receivables	0.32	0.18	0.69	1.19	0.47	0.48
Inventory	9.69	7.99	2.45	2.09	1.98	0.49
Prepaid Expenses	0.32	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	25.66	8.61	8.49	11.6	21.32	2.44
Property, Plant & Equipment	1.68	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	0.85	0.87	0.97	1.11	1.23	-
Long-Term Deferred Tax Assets	0.09	0.09	0.07	-	0.02	-
Other Long-Term Assets	-	0.01	0.11	0.12	0.03	-
Total Assets	28.27	11.42	24.05	29.1	38.8	3.63
Accounts Payable	0.89	3.88	1.11	0.74	0.56	0.59
Accrued Expenses	0.21	0.61	0.65	0.29	0.29	0.05
Short-Term Debt	-	-	0.16	-	-	0.17
Current Portion of Long-Term Debt	0.11	0.1	0.27	0.07	0.01	0.96
Current Portion of Leases	0.13	0.12	0.65	0.56	0.56	0.12
Current Income Taxes Payable	-	-	-	0	0.14	-
Current Unearned Revenue	0.94	0.83	1.82	1.03	0.9	0.02
Other Current Liabilities	0.09	0.18	0.21	0.18	0.24	-
Total Current Liabilities	2.36	5.72	4.85	2.87	2.69	1.91
Long-Term Debt	0.29	0.36	0.03	0.16	0.05	0.35
Long-Term Leases	0.09	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	1.8	2.18	5.56	-	-	-
Total Liabilities	4.54	8.4	12.48	5.07	5.28	2.84
Common Stock	80.78	55.38	50.4	43.44	42.83	2.5
Additional Paid-In Capital	12.6	12.08	11.68	10.56	7.86	0.74
Retained Earnings	-70.81	-65.61	-51.55	-30.67	-17.56	-2.45
Comprehensive Income & Other	1.15	1.17	1.03	0.7	0.39	-
Shareholders' Equity	23.73	3.02	11.56	24.03	33.53	0.79
Total Liabilities & Equity	28.27	11.42	24.05	29.1	38.8	3.63
Total Debt	0.61	0.72	3.1	2.64	3.03	2.15
Net Cash (Debt)	14.71	-0.66	0.26	3.18	15.12	-0.86
Net Cash Growth	-	-	-91.92%	-78.95%	-	-
Filing Date Shares Outstanding	1.11	0.16	-	-	-	-
Total Common Shares Outstanding	1.03	0.02	-	-	-	-
Working Capital	23.3	2.89	3.64	8.73	18.63	0.53
Book Value Per Share	22.95	184.82	-	-	-	-
Tangible Book Value	22.88	2.15	0.92	13.56	23.27	0.79
Tangible Book Value Per Share	22.13	131.67	-	-	-	-
Machinery	1.88	1.9	2.53	2.36	1.55	0.73
Leasehold Improvements	0.39	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