Vision Marine Technologies Inc Stock Price, News & Analysis

Vision Marine Technologies (NASDAQ: VMAR) opened a customer-facing Nautical Ventures retail store in Palm City, Florida, expanding a facility that has supported centralized rigging, integration, and delivery for tenders sold across the network.

Since 2021, Nautical Ventures has sold more than 1,100 yacht tenders across Florida locations; Palm City will continue logistics work while adding direct retail and service capability and may support future E-Motion™ electric propulsion evaluations, subject to market conditions.

Vision Marine Technologies (NASDAQ: VMAR) announced development of Project Pelagos, an AI-driven customer intelligence and revenue operations platform for its recently acquired Nautical Ventures retail network.

Built on an enterprise CRM with a proprietary AI and data orchestration layer, Pelagos aims to unify DMS, MLS, ticketing, and communications to improve prioritization, operational visibility, and coordinated sales and aftersales workflows, with a phased rollout planned across Nautical Ventures in 2026.

Vision Marine Technologies (NASDAQ: VMAR) launched Specter, a flagship 26'6" electric tritoon platform powered by the company's proprietary E-Motion™ high-voltage propulsion and integrated onboard charging. Specter features Hydrofin-developed foiling technology and a fiberglass monocoque hull, and will be showcased at the Miami and Montreal boat shows in February 2026.

The company will distribute and support Specter through its vertically integrated U.S. retail and service network following the acquisition of Nautical Ventures, aiming to boost market visibility in North America.

Vision Marine Technologies (NASDAQ: VMAR) reported Q1 fiscal 2026 results for the three months ended Nov 30, 2025. The company generated $1.9 million of cash provided by operating activities—the first positive operating cash flow quarter following prior cash-consuming operations. Total revenues were $15.7 million (prior-year $0.1M) and gross profit was $4.2 million (27% gross margin), driven by the integration of Nautical Ventures. The company posted a net loss before taxes of $4.3 million and an EBITDA loss of $2.3 million. As of Nov 30, 2025, cash was $2.3 million with a working capital surplus of approximately $4.7 million, excluding $9.6 million gross equity proceeds completed Dec 19, 2025.

Vision Marine Technologies (NASDAQ: VMAR) announced a 1-for-40 reverse stock split of its common shares, effective at market open on January 14, 2026. The reverse split reduces issued and outstanding shares from approximately 37,008,735 pre-split to approximately 925,218 post-split and will not change the number of authorized shares or par value. The new post-split CUSIP will be 92840Q400. The primary stated purpose is to increase the per-share market price to address potential non-compliance with Nasdaq's $1.00 minimum bid requirement under Listing Rule 5550(a)(2). Equity awards and plan share amounts will be proportionally adjusted; no fractional shares will be issued and shareholders holding through brokers will have positions automatically adjusted.

Vision Marine Technologies (Nasdaq: VMAR) announced the closing of a best-efforts public offering of 32,000,000 units at $0.30 per unit, generating gross proceeds of $9,600,000 before fees and expenses.

Each unit contains one common share (or a pre-funded warrant) and one-half of one warrant; each whole warrant allows purchase of one common share at $0.375 and expires five years from issuance. The company said proceeds will be used primarily for general corporate purposes and working capital, including inventory management, servicing floorplan lines of credit, G&A, and prosecuting patent applications for its E-Motion electric powertrain. ThinkEquity acted as sole placement agent and the Form F-1 registration statement became effective on December 17, 2025.

Vision Marine Technologies (NASDAQ: VMAR) priced a best-efforts public offering of 32,000,000 units at $0.30 per unit for gross proceeds of $9,600,000, expected to close on December 19, 2025, subject to customary conditions.

Each unit includes one common share (or a pre-funded warrant) and one-half warrant; whole warrants will be issued, exercisable at $0.375 per share and expiring five years from issuance. Proceeds are intended for general corporate purposes, working capital, inventory management, servicing floorplan lines of credit, G&A, and prosecuting patent applications for E-Motion electric powertrain technology. ThinkEquity is sole placement agent and a Form F-1 (File No. 333-291955) registration statement became effective on December 17, 2025.

Vision Marine (NASDAQ: VMAR) announced Nautical Ventures secured a commercial lease with a contractual purchase option and Right of First Refusal for the Anglers Avenue Marine Center at 4470 Ravenswood Road, Dania Beach, Florida, on December 9, 2025.

The marina generated approximately US$3.2 million in 2024 from storage and service. Vision Marine plans phased expansion from 109 slips to ~300 wet-and-dry slips, expanded dealership-level service, an enhanced Service & Parts Center, solar-ready infrastructure, and an on-water showroom for E-Motion electric-boat integrations.

Vision Marine Technologies (NASDAQ: VMAR) reported fiscal 2025 results and highlighted the acquisition of Nautical Ventures on June 20, 2025, which produced US$12.8 million revenue and US$4.7 million gross profit (36.8%) from acquisition date to August 31, 2025. The company disclosed a real estate receivable of US$6.6 million tied to future property sales and said Nautical Ventures reduced outstanding floor-plan financing from US$42.0 million (June 20) to US$32.5 million (Aug 31) and to approximately US$22.1 million as of Nov 28, 2025. Consolidation of two North Palm Beach locations is expected to yield ~US$1.6 million annual savings. Full audited financial statements and MD&A, including fiscal year net loss, were filed on Nov 28, 2025.