VMARNasdaqShip & Boat Building & Repairing
Vision Marine Technologies Inc.
Financials through fiscal 2025, year ended Aug 31, 2025Last filing: 20-F on Nov 28, 2025
$6.20+0.15 (+2.48%)
Close on Oct 19, 2026
Vision Marine Technologies Inc. revenue by segment
By business segment
| Revenue | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Rental of electric boats | C$4.38M | C$4.87M | C$1.96M | C$1.36M | – | – | – | 115.3% | -10.2% |
| Sale of electric boats | C$2.48M | C$3.38M | C$2.33M | C$2.30M | – | – | – | 65.4% | -26.6% |
By product or service
| Revenue | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Boat rental and boat club membership revenue | C$1.95M | C$4.04M | C$4.79M | C$1.36M | – | – | – | 51.3% | -51.8% |
| Sales of boats | C$1.75M | C$1.29M | C$2.46M | C$2.08M | C$2.25M | C$2.66M | C$1.04M | 46.2% | +36.1% |
| Sales of parts and boat maintenance | C$95.17K | C$324.72K | C$97.72K | C$75.21K | C$167.26K | C$171.22K | C$222.95K | 2.5% | -70.7% |
| Others | – | – | – | C$2.93K | C$803 | C$34.16K | C$6.19K | – | – |
| Commission | – | – | – | – | – | – | C$6.05K | – | – |
By region
| Revenue | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Other | – | C$186.01K | C$706.78K | C$249.97K | C$183.05K | – | – | – | – |
| Canada | – | C$348.57K | C$557.64K | C$571.22K | C$827.06K | – | – | – | – |
| United States | – | C$5.12M | C$6.09M | C$2.69M | C$1.41M | – | – | – | – |
From the segment and revenue-disaggregation notes of Vision Marine Technologies's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.