Vision Marine Technologies (VMAR)
NASDAQ:VMAR
Want to see VMAR full AI Analyst Report?
VMAR Stock Chart & Stats
$0.15
-$0.01(-0.62%)
At close: 4:00 PM EST
$0.15
-$0.01(-0.62%)
Day’s Range― - ―
52-Week Range$0.30 - $332.00
Previous CloseN/A
Volume99.00K
Average Volume (3M)292.55K
Market Cap
$665.27K
Enterprise Value$31.46M
Total Cash (Recent Filing)$4.06M
Total Debt (Recent Filing)$34.70M
Price to Earnings (P/E)―
Beta0.60
Next Earnings
Jul 09, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-668.75
Shares Outstanding2,047,000
10 Day Avg. Volume202,354
30 Day Avg. Volume292,548
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.20
Price to Sales (P/S)0.09
P/FCF Ratio-0.13
Enterprise Value/Market Cap47.29
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit3.87
Enterprise Value/Ebitda-1.74
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-260.6
Revenue Forecast (FY)$15.00M
Bulls Say, Bears Say
Bulls Say
Revenue GrowthTTM revenue growth of ~35.6% shows accelerating commercial traction for E-Motion systems. Durable top-line expansion supports deeper OEM relationships, scale in production and integration services, and creates a runway to absorb fixed costs if margin improvement continues.
Improved Cash DisciplineManagement reduced cash burn and brought free cash flow much closer to net loss, indicating improved cash discipline. Sustaining this trend would extend runway, reduce near-term financing needs, and allow focus on commercial execution and product integration over the next several quarters.
Expanded Capital Markets AccessDual listing on the TSX Venture Exchange and ATM proceeds (~$2M) broaden investor access and liquidity. Structurally this improves access to Canadian institutional and retail pools, supporting funding for Nautical Ventures integration and scaled deployment of propulsion systems.
Bears Say
Very Low Gross MarginsA gross margin of ~8% indicates weak unit economics for the hardware-centric electric propulsion business. Such low margins make it difficult to cover operating costs and achieve durable profitability without meaningful price power, cost reduction, or a shift to higher-margin services.
High LeverageDebt-to-equity around 9.34x signals extreme leverage and constrained balance-sheet flexibility. High leverage increases refinancing and interest risk, limits strategic optionality, and raises the probability the company must prioritize creditor terms or asset sales over organic investment.
Negative Cash Flow & Dilution RiskOperating and free cash flow remain negative, so the business still consumes capital. Coupled with recent ATM issuances and approved equity plans, this creates ongoing dilution risk and reliance on external equity markets to fund operations and growth, a structural governance constraint.
Vision Marine Technologies News
VMAR FAQ
What was Vision Marine Technologies’s price range in the past 12 months?
Vision Marine Technologies lowest stock price was $0.30 and its highest was $332.00 in the past 12 months.
What is Vision Marine Technologies’s market cap?
Vision Marine Technologies’s market cap is $665.27K.
When is Vision Marine Technologies’s upcoming earnings report date?
Vision Marine Technologies’s upcoming earnings report date is Jul 09, 2026 which is in 24 days.
How were Vision Marine Technologies’s earnings last quarter?
Vision Marine Technologies released its earnings results on Apr 14, 2026. The company reported -$2.279 earnings per share for the quarter, missing the consensus estimate of N/A by -$2.279.
Is Vision Marine Technologies overvalued?
According to Wall Street analysts Vision Marine Technologies’s price is currently Overvalued.
Does Vision Marine Technologies pay dividends?
Vision Marine Technologies does not currently pay dividends.
What is Vision Marine Technologies’s EPS estimate?
Vision Marine Technologies’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Vision Marine Technologies have?
Vision Marine Technologies has 2,047,000 shares outstanding.
What happened to Vision Marine Technologies’s price movement after its last earnings report?
Vision Marine Technologies reported an EPS of -$2.279 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -6.952%.
Which hedge fund is a major shareholder of Vision Marine Technologies?
Currently, no hedge funds are holding shares in VMAR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Vision Marine Technologies
Vision Marine Technologies Inc. specializes in the creation and production of electric marine propulsion systems and electric watercraft, with operations spanning Canada, the United States, and other international markets. The company's business model is divided into two main areas: the direct sale of electric boats and the operation of electric boat rental services. Beyond full vessels, they also provide electric outboard motors, various boat components, and associated maintenance support. A notable part of their rental division includes an electric boat rental hub situated in Newport Beach, California, boasting a fleet of roughly 20 boats. Their offerings reach customers via multiple channels, including their own e-commerce platform, as well as partnerships with rental companies, authorized distributors, and independent dealers. They cater to both original equipment manufacturers (OEMs) and direct end-consumers. Founded in 1995 and headquartered in Boisbriand, Canada, the company was formerly recognized as The Canadian Electric Boat Company. Vision Marine Technologies Inc. functions as a subsidiary of West Island Brands Inc.
Technical Analysis
―
MasterCraft Boat Holdings
―
OneWater Marine
―
EZGO Technologies
―
Twin Vee PowerCats
―
Ownership Overview
5.47% Insiders
<0.01% Other Institutional Investors
94.53% Public Companies and
Individual Investors
Options Prices
Currently, No data available
---