Vision Marine Technologies Inc. (VMAR)
Boisbriand, QC, CA
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.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +5.09% | -9.24% | -54.96% | -75.75% | -98.78% | -92.51% | -99.81% | -100.00% | -100.00% | -100.00% | -100.00% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
| Rating | 2026-04 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
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)
* 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.
| 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
|
| 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
Ownership Overview
| # | 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)
| # | 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 |
ETF Ownership
This company is not held by any ETF in our universe.
Insider Activity
No insider activity available.
Insider history not available.
| 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
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| 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 |
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for VMAR
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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