VMAR
Vision Marine Technologies Inc.
NASDAQ · CAConsumer CyclicalAuto - Recreational Vehicles
$0.93+0.38%
Price as of Jul 20, 2026
VMAR financials
Vision Marine Technologies Inc. financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $13.8M | $3.8M | $5.7M | $7.6M |
| Cost of revenue | $13.5M | $6.6M | $4.7M | $4.5M |
| Gross profit | $295.8K | -$2.8M | $952.8K | $3.1M |
| Operating expenses | $10.6M | $13.6M | $21.3M | $16.3M |
| Operating income | -$10.3M | -$16.4M | -$20.4M | -$13.2M |
| Net income | -$21.7M | -$14.0M | -$21.0M | -$13.5M |
| EBITDA | -$20.1M | -$13.0M | -$20.1M | -$12.1M |
| Basic EPS | $-9813.50 | $-343280.90 | $-1223214.40 | $-878583.80 |
| Diluted EPS | $-9813.50 | $-343280.90 | $-1223214.40 | $-878583.80 |
| Balance sheet | ||||
| Cash & equivalents | $5.4M | $46.8K | $2.5M | $5.8M |
| Total assets | $50.9M | $8.5M | $17.8M | $29.1M |
| Total liabilities | $44.7M | $6.2M | $9.2M | $5.1M |
| Stockholders’ equity | $6.2M | $2.2M | $8.6M | $24.0M |
| Total debt | $33.9M | $532.5K | $2.3M | $2.6M |
| Net debt | $28.5M | $485.7K | -$190.0K | -$3.2M |
| Cash flow | ||||
| Operating cash flow | -$8.9M | -$11.6M | -$14.0M | -$11.0M |
| Capital expenditure | -$227.4K | -$600.3K | -$938.8K | -$1.2M |
| Free cash flow | -$9.2M | -$12.2M | -$14.9M | -$12.2M |
| Dividends paid | $0.00 | $0.00 | $0.00 | $0.00 |
| Share repurchases | $0.00 | $0.00 | $0.00 | $0.00 |