VMAR
Vision Marine Technologies Inc.
NASDAQ · Consumer Cyclical · Auto - Recreational Vehicles · CA
$8.69
+1.46%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 61.9M | 13.8M | 3.8M | 5.7M | 7.6M |
| Cost of Revenue | 53.8M | 13.5M | 6.6M | 4.7M | 4.5M |
| Gross Profit | 8.1M | 295.8K | (2.8M) | 952.8K | 3.1M |
| Operating Expenses | |||||
| R&D Expense | 268.7K | 1.2M | 2.7M | 5.7M | 2.3M |
| SG&A Expense | 18.4M | 9.4M | 10.8M | 15.6M | 14.0M |
| General & Admin Expense | 4.6M | — | — | — | — |
| Selling & Marketing Expense | 1.8M | — | — | — | — |
| Other Expenses | 866.2K | — | — | — | — |
| Total Operating Expenses | 19.5M | 10.6M | 13.6M | 21.3M | 16.3M |
| Cost and Expenses | 73.3M | 24.1M | 20.2M | 26.0M | 20.8M |
| Operating Income (EBIT) | (11.4M) | (10.3M) | (16.4M) | (20.4M) | (13.2M) |
| Non-Operating | |||||
| Interest Income | 123.3K | 156.7K | 63.6K | 114.0K | 391.5K |
| Interest Expense | 3.1M | 810.7K | 247.7K | 142.9K | 190.8K |
| Net Interest Income | (3.0M) | (654.1K) | (184.1K) | (28.9K) | 200.6K |
| Other Non-Op Income/Expense | (9.8M) | (11.3M) | 2.2M | (920.2K) | (82.3K) |
| Non-Operating Income (excl Interest) | 7.5M | 10.5M | (2.4M) | 777.3K | (108.5K) |
| EBT (Pre-Tax Income) | (21.2M) | (21.6M) | (14.2M) | (21.3M) | (13.3M) |
| Income Tax Expense | (26.2K) | 7.9K | (241.5K) | (282.5K) | 266.7K |
| Bottom Line | |||||
| Net Income | (21.2M) | (21.7M) | (14.0M) | (21.0M) | (13.5M) |
| Earnings from Cont. Ops | (21.2M) | (21.7M) | (14.0M) | (21.0M) | (13.5M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (21.2M) | (21.7M) | (14.0M) | (21.0M) | (13.5M) |
| Per Share | |||||
| Basic EPS | ($4,022.19) | ($98,132.10) | ($3,432.81) | ($9,031,870.00) | ($6,691,450.00) |
| Diluted EPS | ($4,022.19) | ($98,132.10) | ($3,432.81) | ($9,031,870.00) | ($6,691,450.00) |
| Revenue Per Share | $3,152.68 | $62,705.73 | $917.79 | $3,311,269.18 | $4,925,661.71 |
| Shares | |||||
| Basic Shares Outstanding | 19632 | 221 | 4100 | 2 | 2 |
| Diluted Shares Outstanding | 19632 | 221 | 4100 | 2 | 2 |
| Profitability Metrics | |||||
| EBITDA | (15.8M) | (20.1M) | (13.0M) | (20.1M) | (12.1M) |
| D&A | 3.2M | 764.0K | 1.0M | 1.1M | 986.3K |
| EBIT | (19.0M) | (20.8M) | (14.0M) | (21.1M) | (13.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of May 1, 2026