Vision Marine files U.S. patent for dual-mode electric outboard trim-control to enhance E-Motion high-voltage propulsion platform
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.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $19.00M | $3.76M | $5.68M | $7.59M | $3.48M | $2.36M | $2.88M | $1.29M |
| Cost of Revenue | $18.59M | $6.61M | $4.73M | $4.47M | $2.07M | $1.79M | $1.96M | $890.01K |
| Gross Profit | $406.26K | $-2.84M | $952.84K | $3.11M | $1.41M | $561.90K | $913.83K | $402.72K |
| Gross Margin | 2.14% | -75.58% | 16.76% | 41.04% | 40.39% | 23.85% | 31.75% | 31.15% |
| Operating Expenses | $14.57M | $13.56M | $21.31M | $16.30M | $14.11M | $2.66M | $579.06K | $408.94K |
| Operating Income | $-14.17M | $-16.41M | $-20.36M | $-13.18M | $-12.71M | $-2.10M | $334.78K | $-6.22K |
| Operating Margin | -74.56% | -436.00% | -358.19% | -173.77% | -365.24% | -89.19% | 11.63% | -0.48% |
| Net Income | $-29.74M | $-14.01M | $-21.00M | $-13.53M | $-14.96M | $-2.22M | $233.82K | $-188.94K |
| Net Margin | -156.53% | -372.20% | -369.41% | -178.37% | -430.13% | -94.14% | 8.12% | -14.62% |
| EPS (Basic) | $-1347.98 | $-0.03 | $-0.06 | $-0.04 | $-0.05 | $-0.01 | $0.00 | $-0.00 |
| EBITDA | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |