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Vision Marine Technologies Inc. (VMAR)

USD1.38 +0.06 (+4.57%)
CA NASDAQ Consumer Cyclical Auto - Recreational Vehicles
Address 730 Cure-Boivin Boulevard J7G 2A7
Boisbriand, QC, CA
CEO Alexandre Mongeon
IPO 2020-11-23
CIK 1813783 ISIN CA92840Q5095

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Description

Vision Marine Technologies Inc. designs, develops, manufactures, rents, and sells electric boats in Canada, the United States, and internationally. It offers e-motion electric powertrain technology; e-motion electric outboard powertrain system; electric boats; and manufactures customized boats. The company provides its products through website and distributors. It serves original equipment manufacturers, retail customer, boat clubs, and boat rental operations. The company was formerly known as Riopel Marine Inc. and changed its name to Vision Marine Technologies Inc. in April 2020. Vision Marine Technologies Inc. was founded in 1995 and is headquartered in Boisbriand, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD1.38 +0.06 (+4.57%)
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Volume Profile
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Liquidity & share structure
Average Volume
147.3K
Beta
0.02
Float Shares
833.6K
Free Float %
83.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+5.09% -9.24% -54.96% -75.75% -98.78% -92.51% -99.81% -100.00% -100.00% -100.00% -100.00%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (2 ratings, all time) Buy
Price Targets & DCF
Current price
1.38
Ratings Trend (MoM) 100% Bullish
Rating 2026-04 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
-2.13
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
0 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Auto - Recreational Vehicles: +5.0%
    +405.0% Q1'26: +13,576.7% (vs Q1'25)
  • EPS growth Auto - Recreational Vehicles: +30.4%
    +96.1% Q1'26: +99.0% (vs Q1'25)
  • FCF margin FCF growth · Auto - Recreational Vehicles: +135.6%
    -148.1% Q1'26: -12.5% (vs Q1'25)
  • EBIT margin Auto - Recreational Vehicles: +6.2%
    -150.6% Q1'26: -7.8% (vs Q1'25)
  • ROIC Auto - Recreational Vehicles: +4.4%
    -60.1% Q1'26: -11.3% (vs Q1'25)
  • Share dilution Auto - Recreational Vehicles: +0.3%
    +5,307.8% Q1'26: +4,857.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Auto - Recreational Vehicles: -0.65×
    -1.69× Q1'26: 186.77× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.19) × ERP
WACC = 0% × Ke + 100% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 1.38
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Aug 2021
actual
Aug 2022
actual
Aug 2023
actual
Aug 2024
actual
Aug 2025
actual
Aug 2026
1 Rev. Ana.
1 EPS Ana.
Revenue
3.48M
est: 3.18M (+9.3%)
7.59M
est: 9.39M (-19.2%)
5.68M
est: 6.80M (-16.4%)
3.76M
est: 3.80M (-0.9%)
19.00M
est: 2.55M (+645.6%)
15.01M
15.01M – 15.01M
+489.1% YoY
EBITDA
-14.32M
est: -3.18M (-350.2%)
-12.09M
est: -9.39M (-28.7%)
-20.07M
est: -6.80M (-195.1%)
-12.98M
est: -3.80M (-241.9%)
-27.57M
est: -2.55M (-981.8%)
-15.01M
-15.01M – -15.01M
-489.1% YoY
EBIT
-14.74M
est: -3.18M (-363.1%)
-13.08M
est: -9.39M (-39.2%)
-21.14M
est: -6.80M (-210.8%)
-14.00M
est: -3.80M (-268.7%)
-28.62M
est: -2.55M (-1,023.0%)
-15.01M
-15.01M – -15.01M
-489.1% YoY
Net Income
-14.96M
est: -272.47M (+94.5%)
-13.53M
est: -238.15M (+94.3%)
-21.00M
est: -2.61M (-704.8%)
-14.01M
est: -845.24M (+98.3%)
-29.74M
est: -9.67M (-207.5%)
-5.75M
-5.75M – -5.75M
+40.5% YoY
SGA
12.64M
est: 7.53M (+67.7%)
13.98M
est: 22.24M (-37.1%)
15.57M
est: 16.10M (-3.3%)
10.85M
est: 8.94M (+21.3%)
12.95M
est: 6.00M (+115.7%)
35.37M
35.37M – 35.37M
+489.1% YoY
EPS
-97,054.85
est: -308.73 (-31,337.3%)
-87,858.38
est: -269.84 (-32,459.4%)
-122,321.44
est: -2.96 (-4,138,183.1%)
-34,328.09
est: -38,306.65 (+10.4%)
-1,347.99
est: -438.30 (-207.5%)
-260.82
-260.82 – -260.82
+40.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-27 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-26 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-19 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-18 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-15 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-14 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-13 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-12 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-11 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-08 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-07 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-06 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-05 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-04 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-05-01 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-30 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-29 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-28 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-27 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-24 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-23 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-22 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-21 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-20 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-17 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5
2026-04-16 C 2/5 1/5 1/5 1/5 1/5 1/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
29.71M
OE per share TTM
476.13
Owner's Yield
6,180.09%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
57.6%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
11
Total invested
6.0K
Insider transactions (90d)
0
Beneficial owners (>5%)
7
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 Investissement Québec 5.71M 32.90% 5.71M 5.71M 10.00 CO Québec, Canada 2024-01-29
2 CVI Investments, Inc. 415.0K 8.40% 415.0K 415.0K CO Cayman Islands 2024-09-18
3 Heights Capital Management, Inc. 415.0K 8.40% 415.0K 415.0K CO Cayman Islands 2024-09-18
4 Pandanus Partners, L.P. 49.4K 6.09% 49.4K 49.4K PN Bermuda 2024-11-12
5 LP 0.00% PN Delaware, United States 2024-09-20
6 Maier Joshua Tarlow 0.00% IN Delaware, United States 2024-09-20
7 Management LLC 0.00% OO Delaware, United States 2024-09-20

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
11
+11 vs prev Q
New positions
11
Closed positions
0
Increased
11
Reduced
0
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 PNC FINANCIAL SERVICES GROUP, INC. 2.0K +2.0K (+100.0%) 4.1K +4.1K (+100.0%) 0.25% +0.249 pp 0.00% +0.000 pp USD2.05 +0.0% 1 qtrs NEW
2 UBS GROUP AG 867.00 +867.0 (+100.0%) 1.8K +1.8K (+100.0%) 0.11% +0.108 pp 0.00% +0.000 pp USD2.05 +0.0% 1 qtrs NEW
3 JONES FINANCIAL COMPANIES LLLP 25.00 +25.0 (+100.0%) 50.00 +50.0 (+100.0%) 0.00% +0.003 pp 0.00% +0.000 pp USD2.04 +0.5% 1 qtrs NEW
4 FEDERATION DES CAISSES DESJARDINS DU QUEBEC 24.00 +24.0 (+100.0%) 49.00 +49.0 (+100.0%) 0.00% +0.003 pp 0.00% +0.000 pp USD2.04 +0.5% 1 qtrs NEW
5 TRADEWINDS CAPITAL MANAGEMENT, LLC 9.00 +9.0 (+100.0%) 19.00 +19.0 (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
6 FIL LTD 6.00 +6.0 (+100.0%) 12.00 +12.0 (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
7 ADVISOR GROUP HOLDINGS, INC. 6.00 +6.0 (+100.0%) 12.00 +12.0 (+100.0%) 0.00% +0.001 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
8 WELLS FARGO & COMPANY/MN 2.00 +2.0 (+100.0%) 4.00 +4.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
9 NATIONAL BANK OF CANADA /FI/ 2.00 +2.0 (+100.0%) 4.00 +4.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
10 SBI SECURITIES CO., LTD. 1.00 -74.0 (-98.7%) 2.00 -13.0 (-86.7%) 0.00% +0.000 pp 0.00% +0.000 pp USD 2 qtrs
11 MORGAN STANLEY 1.00 +1.0 (+100.0%) 2.00 +2.0 (+100.0%) 0.00% +0.000 pp 0.00% +0.000 pp USD2.00 +2.5% 1 qtrs NEW
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2025-08-15 Lincoln Alternative Strategies LLC 10% Owner Common Stock, no par value per share 0 0.00 750,000 D

Executive team

Top executives
EBIT / Employee
-185.8K
Shares Outstanding
996.7K

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-29 6-K
2026-04-27 6-K
2026-04-15 6-K
2026-04-14 6-K
2026-04-03 6-K
2026-03-12 SC 13G
2026-03-03 6-K
2026-02-10 SC 13G/A
2026-02-03 6-K
2026-01-26 6-K

Executive team

NameTitleCompensationGender
Alexandre Mongeon Co-Founder, CEO, President & Director 725.3K male
Raffi Sossoyan Chief Financial Officer 235.4K male
Daniel Christopher Rathe Chief Technology Officer 159.2K male
Maxime Poudrier Chief Operating Officer 132.9K male
Roger Moore Chief Revenue Officer 66.2K male
ESG Rating
B
AUTO - RECREATIONAL VEHICLES
Rank: 6 out of 16
2026
E (Environmental)
68.7 / 65.2
Company / Sector avg.
S (Social)
76.5 / 67.0
Company / Sector avg.
G (Governance)
70.3 / 72.4
Company / Sector avg.
ESG Total
71.8 / 68.2
Company / Sector avg.
ESG Score History AUTO - RECREATIONAL VEHICLES
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend history

Earnings history

Earnings reports

Stock splits