Vision Marine Technologies (VMAR) AI Stock Analysis

• Market Cap: $5.37M
• Dividend Yield: N/A
• Average Volume (3M): 230.20K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: -44.24%
• EPS Growth: -14.26%
• Country: US
• Employees: 46
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Auto - Recreational Vehicles
• EPS (TTM): -114.37
• Shares Outstanding: 1,040,071
• 10 Day Avg. Volume: 346,942
• 30 Day Avg. Volume: 230,202
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.91
• Price to Cash Flow (P/CF): N/A
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Vision Marine Technologies is experiencing significant financial and operational challenges, with negative profitability and cash flow issues being the primary concerns. Technical analysis indicates a bearish trend, further weighing down the stock's performance. Valuation metrics are unfavorable due to negative earnings. The company needs to focus on improving its financial health and market perception to enhance its stock performance.

Vision Marine Technologies Business Overview & Revenue Model

Company Description

Vision Marine Technologies (VMAR) is a leading innovator in the electric recreational boating industry. The company is focused on designing, developing, and manufacturing environmentally friendly electric powertrain systems and boats. Vision Marine Technologies aims to revolutionize the boating experience by reducing emissions and offering sustainable alternatives to traditional fuel-powered vessels.

How the Company Makes Money

Vision Marine Technologies makes money through the sale of electric boats and powertrain systems. The company's revenue model includes direct sales of its products to consumers and businesses, as well as collaborations with other boat manufacturers who integrate Vision Marine's electric powertrains into their own vessels. Additionally, Vision Marine may generate income through strategic partnerships and licensing agreements that expand their technology's reach in the maritime industry. The company's focus on innovation and sustainability positions it to capitalize on the growing demand for eco-friendly boating solutions.

Vision Marine Technologies Financial Statement Overview

Summary

Vision Marine Technologies is facing financial challenges with negative profitability and cash flow issues. While the balance sheet shows resilience with low leverage, significant improvements in revenue generation and cost controls are essential. The company must enhance its operational efficiency to convert revenue into sustainable profits and positive cash flows.

Income Statement

Vision Marine Technologies has struggled with profitability, as evidenced by negative net income across periods. Although there's a recent uptick in revenue from TTM (Trailing-Twelve-Months), the net profit margin remains negative. The revenue growth rate is volatile, with significant declines compared to previous periods. The company's EBIT and EBITDA margins are also negative, indicating operational challenges. Overall, the income statement reflects a need for improved cost management and revenue stabilization.

Balance Sheet

The company's balance sheet shows a relatively low debt-to-equity ratio, suggesting modest leverage, which is a positive indicator in managing financial risk. However, the return on equity (ROE) is negative due to persistent net losses, which impacts shareholder value. The equity ratio is favorable, indicating a stable proportion of equity financing. Despite these strengths, the company needs to address its profitability to enhance financial stability.

Cash Flow

Cash flow analysis reveals persistent negative operating and free cash flows, highlighting cash management challenges. There is a dependency on financing activities to sustain operations, as seen in the positive financing cash flow. The operating cash flow to net income ratio is unfavorable, indicating inefficiencies in converting sales into cash. The company must focus on improving cash generation to ensure long-term viability.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
4.83M	3.79M	5.65M	7.35M	3.51M	2.42M
	Gross Profit
2.06M	1.50M	1.54M	3.29M	1.60M	604.39K
	EBIT
-5.79M	0.00	-19.65M	-12.25M	-13.30M	-2.15M
	EBITDA
-10.50M	-13.04M	-19.96M	-11.71M	-12.88M	-1.98M
	Net Income Common Stockholders
-16.68M	-14.06M	-20.88M	-13.11M	-15.11M	-2.28M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
68.37K	63.13K	3.36M	5.82M	18.15M	1.30M
	Total Assets
0.00	11.42M	24.05M	29.10M	38.80M	3.63M
	Total Debt
0.00	718.43K	3.10M	2.64M	3.03M	1.25M
	Net Debt
68.37K	655.31K	-257.13K	-3.18M	-15.12M	-42.03K
	Total Liabilities
0.00	8.40M	12.48M	5.07M	5.28M	2.84M
	Stockholders Equity
-402.79K	3.02M	11.56M	24.03M	33.53M	791.91K
Cash Flow		Free Cash Flow
-13.82M	-12.24M	-14.95M	-12.20M	-9.32M	-512.62K
	Operating Cash Flow
-13.25M	-11.64M	-14.01M	-11.00M	-8.25M	-434.66K
	Investing Cash Flow
595.68K	615.61K	-537.02K	-964.50K	-9.47M	-37.66K
	Financing Cash Flow
12.77M	7.73M	12.08M	-361.78K	34.57M	1.73M

Vision Marine Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5.16
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VMAR, the sentiment is Negative. The current price of 5.16 is below the 20-day moving average (MA) of 5.92, below the 50-day MA of 8.64, and below the 200-day MA of 170.23, indicating a bearish trend. The MACD of -1.18 indicates Negative momentum. The RSI at 28.78 is Positive, neither overbought nor oversold. The STOCH value of 22.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for VMAR.

Vision Marine Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
YETI	75 Outperform	$2.50B	14.66	24.01%	―	10.32%	6.05%
HZO	69 Neutral	$429.17M	7.93	5.75%	―	-1.73%	-40.39%
MPX	66 Neutral	$280.39M	16.20	11.94%	6.98%	-38.35%	-59.21%
BC	65 Neutral	$3.08B	24.18	7.50%	3.62%	-18.19%	-68.10%
MCFT	64 Neutral	$263.01M	―	-1.53%	―	-45.70%	-115.77%
Sector *	59 Neutral	$11.22B	10.13	-1.22%	3.96%	1.32%	-18.57%
VMAR	41 Neutral	$5.37M	―	-145.28%	―	-44.24%	-14.26%