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An update from Vision Marine Technologies ( (VMAR) ) is now available.
Vision Marine Technologies Inc. has released its condensed interim consolidated financial statements for the three-month and nine-month periods ending May 31, 2025. The financial report highlights a significant increase in total assets, rising from $11.42 million in August 2024 to $24.5 million by May 2025, indicating a substantial improvement in the company’s financial position. However, the company also reported a total comprehensive loss of $12.34 million for the nine-month period, reflecting ongoing challenges in achieving profitability. The report underscores the company’s efforts to strengthen its capital structure through securities issuance, which has contributed to an increase in shareholders’ equity.
The most recent analyst rating on (VMAR) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Vision Marine Technologies stock, see the VMAR Stock Forecast page.
Spark’s Take on VMAR Stock
According to Spark, TipRanks’ AI Analyst, VMAR is a Neutral.
Vision Marine Technologies has a low overall stock score due to significant financial struggles, including declining revenues and persistent losses. Technical indicators are mixed, suggesting cautious market momentum. Valuation concerns also weigh heavily, as reflected in the negative P/E ratio. The absence of earnings call or significant corporate events data provides no additional insights to offset these challenges.
To see Spark’s full report on VMAR stock, click here.
More about Vision Marine Technologies
Vision Marine Technologies Inc. operates in the marine technology industry, focusing on the production of electric powertrain systems for recreational and commercial boats. The company is based in Boisbriand, Québec, Canada, and is known for its innovative approach to sustainable marine transportation solutions.
Average Trading Volume: 41,379
Technical Sentiment Signal: Sell
Current Market Cap: $7.17M
For a thorough assessment of VMAR stock, go to TipRanks’ Stock Analysis page.