Company Analysis

Vision Marine Technologies Inc. (VMAR)

Nasdaq: VMAR · Ship & Boat Building & Repairing · filing with the SEC since 2020
Grade5.1
◀ Past 4.9● Present 5.0▶ Future 5.3
3 est.

Income statement, as filed

In Canadian dollars (CAD), as filed; per-share figures in Canadian dollars; share counts.

The Form 20-F filed Nov 28, 2025 for the period ended Aug 31, 2025 is not in EDGAR's company facts yet; its figures print once EDGAR carries them.

Income statement, by fiscal year, newest first
Fiscal yearFY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period endingAug 31, 2023Aug 31, 2022Aug 31, 2021Aug 31, 2020Aug 31, 2019Aug 31, 2018
Report filedNov 30, 2023Nov 30, 2022Dec 30, 2021Dec 30, 2020··
Revenue5,651,5027,350,9463,513,7882,417,1732,869,3771,271,566
Cost of revenue4,023,4094,065,3811,909,6061,812,7831,584,013769,839
Gross profit1,536,4263,285,5651,604,182604,3901,285,364501,727
Research and development5,704,9122,242,7941,489,953···
Sales and marketing3,470,7721,972,3061,086,057238,389··
General and administrative3,100,0241,949,5831,239,457r194,932r69,73755,325
Total operating expenses22,694,48716,139,00716,612,4992,858,613987,911535,842
Finance income113,334379,288····
Net finance income (costs)1,604,536-223,660-2,256,392-108,400··
Income before income taxes-21,158,061-12,853,442-15,008,317-2,254,223297,453-34,115
Income tax expense-280,875258,343105,59021,30964,387151,733
Net income-20,877,186-13,111,785-15,113,907-2,275,532233,066-185,848
Earnings per share, basic-2.25-1.58-2.04-0.56··
Earnings per share, diluted-2.22-1.58-2.04-0.56··
Earnings per share, basic and diluted··-2.04-0.560.06-0.05
Weighted average shares, basic9,268,7098,318,1217,412,8994,179,0173,730,6113,743,491
Weighted average shares, diluted9,268,7098,318,1217,412,8994,179,017··
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldifrs-full:Revenue
Cost of revenue what it cost to make or buy what it soldifrs-full:CostOfSales
Gross profit revenue less the cost of what it soldifrs-full:GrossProfit
Research and development spent on inventing what it sells nextifrs-full:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersifrs-full:SalesAndMarketingExpense
General and administrative the cost of running the company itselfifrs-full:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherifrs-full:OperatingExpense
Finance income what its cash and investments earnedifrs-full:FinanceIncome
Net finance income (costs) interest earned less interest paid, outside the businessifrs-full:FinanceIncomeCost
Income before income taxes profit before taxifrs-full:ProfitLossBeforeTax
Income tax expense tax charged on the period's profitifrs-full:IncomeTaxExpenseContinuingOperations
Net income the whole group's profit, minority holders' share includedifrs-full:ProfitLoss
Earnings per share, basic net income per share outstandingifrs-full:BasicEarningsLossPerShare
Earnings per share, diluted net income per share, counting every share that could be issuedifrs-full:DilutedEarningsLossPerShare
Earnings per share, basic and diluted net income per share, where both counts are the sameifrs-full:BasicAndDilutedEarningsLossPerShare
Weighted average shares, basic the average count of shares outstandingifrs-full:WeightedAverageShares
Weighted average shares, diluted the average count with every share that could be issuedifrs-full:AdjustedWeightedAverageShares
SI Assistanton VMAR · research, not advice