CSIMarket Company Name, Ticker, Industry, else..
 
Vision Marine Technologies inc   (NASDAQ: VMAR)
Other Ticker:  
 
    Sector • Capital Goods    Industry • Ship & Boat Building
 
Price: $6.5900 $0.02 0.304%
Day's High: $6.822 Week Perf: 2.81 %
Day's Low: $ 6.45 30 Day Perf: 3.13 %
Volume (M): 14 52 Wk High: $ 1,039.50
Volume (M$): $ 90 52 Wk Avg: $269.48
Open: $6.53 52 Wk Low: $4.04



 Market Capitalization (Millions $) 0
 Shares Outstanding (Millions) 0
 Employees 51
 Revenues (TTM) (Millions $) 4
 Net Income (TTM) (Millions $) -16
 Cash Flow (TTM) (Millions $) 4
 Capital Exp. (TTM) (Millions $) 1

Vision Marine Technologies Inc
Vision Marine Technologies Inc. is a leading provider of electric powerboats and electric propulsion systems for the marine industry. The company aims to revolutionize the way people use boats by offering cleaner and quieter alternatives to traditional fossil fuel-powered boats. Their electric powerboats are designed to deliver high performance, low maintenance, and to be environmentally friendly. Vision Marine Technologies Inc. is committed to providing sustainable solutions for the marine industry and is dedicated to creating a greener future for boating enthusiasts.


   Company Address: 730 Boulevard du Curé-Boivin Boisbriand 0 QC
   Company Phone Number: 951-7009   Stock Exchange / Ticker: NASDAQ VMAR


   

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Vision Marine Technologies Inc

Vision Marine Technologies Inc Experiences Further Enlarged Losses in Latest Fiscal Year Ending August 31, 2023

Weak demand has resulted in significant losses for Vision Marine Technologies Inc in the most recent fiscal period. The company's net loss per share has risen from $-1.21 to $-1.70, while revenue has decreased by -23.119% to $4.33 million from $5.63 million the previous year. This decline in revenue is in stark contrast to the third quarter, where revenue was reported as $0.00 million.
For the fiscal year ending August 31, 2023, Vision Marine Technologies Inc recorded a net loss of $-15.992 million, a significant increase from the previous year's loss of $-10.044 million. The company announced a net loss of $-15.99 million and revenue of $4.33 million for the fiscal year 2023. Furthermore, the net loss per share widened to $-1.70 from $-1.21 in the prior fiscal year, while revenue fell by -23.12% from $5.63 million.









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