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Vision Marine Technologies VMAR · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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5.15

+0.19%

Close of 9 Nov 2026, in USD

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About Vision Marine Technologies

Its shares trade under the ticker VMAR. It has been listed since 24 November 2020. In the fiscal year to 31 August 2025, it reported revenue of C$13.8m and a net loss of C$21.7m. At that date it held total assets of C$71.2m and shareholders' equity of C$8.6m.

Vision Marine Technologies, Inc. engages in the manufacture and sell or rent electric boats. The company is headquartered in Boisbriand, Quebec. The company went IPO on 2020-11-24. Its segments include sale of electric boats and rental of electric boats. The sale of electric boats segment is engaged in the manufacture of customized electric boats for consumer market and sale of boat parts maintenance. The rental of electric boat segment is engaged in short-term rental operation and boat club membership. The company designs, manufactures, and sells its handcrafted, electric recreational powerboats to recreational customers. Its flagship E-Motion 180E electric marine powertrain is an electric purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and efficiency motor with union assembly between the transmission and the electric motor design utilizing control software. Its E-Motion and related technologies used in this powertrain system are designed to enhance the outboard powertrain.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Leisure Products
Listed since
24 Nov 2020
Employees
38
Head office
730 BOULEVARD DU CURE-BOIVIN, BOISBRIAND, J7G 2A7
Incorporated in
A8
Classification
Ship & Boat Building & Repairing
Filer status
Non-accelerated filer<br>Emerging growth company

Leadership

Pay as last reported

  • Mr. Alexandre MongeonChief Executive Officer, Director, since 2014C$725,271
  • Mr. Raffi SossoyanChief Financial OfficerC$236,148
  • Mr. Maxime PoudrierChief Operating OfficerC$145,681
  • Mr. Roger MooreChief Revenue OfficerC$66,209
  • Mr. Daniel RatheChief Technical OfficerC$161,227
  • Mr. Steve BarrenecheaIndependent DirectorC$81,419
  • Dr. Philippe CouillardIndependent DirectorC$55,515
  • Ms. Luisa IngargiolaIndependent DirectorC$81,419
  • Mr. Pierre-Yves TerrisseIndependent DirectorC$29,242
  • Mr. Bruce NurseInvestor Relations, since 2022

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Vision Marine Technologies manufactures electric boats with E-Motion 180E powertrain technology.
  • The company employs 38 full-time staff focused on electric boat production and rentals.
  • Vision Marine offers customized electric boats for consumer markets and boat parts maintenance.

Weaknesses

  • The company has limited employee count of 38 full-time staff.
  • Vision Marine's rental segment operates only short-term rentals without long-term options.
  • The company's business is restricted to electric boats without diversification into other marine products.

Opportunities

  • The growing demand for electric boats in the leisure products sector presents new market opportunities.
  • Vision Marine can expand its rental segment with boat club memberships for recurring revenue.
  • The E-Motion 180E powertrain system can be adapted for other electric marine applications.

Threats

  • The company faces competition from traditional boat manufacturers in the leisure products industry.
  • Vision Marine's reliance on electric boats makes it vulnerable to shifts in consumer preferences.
  • Regulatory changes in the electric vehicle sector could impact the company's operations.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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