Core Viewpoint - Vision Marine Technologies Inc. has reported significant operational improvements, including its first positive operating cash flow quarter, driven by the integration of Nautical Ventures Group and operational efficiencies [2][7]. Financial Performance - The company generated $1.9 million in cash from operating activities for the quarter ended November 30, 2025, marking a notable shift from previous cash consumption [2]. - Total revenues for the quarter reached $15.7 million, a substantial increase from $0.1 million in the prior-year period, primarily due to the expanded U.S. retail platform following the acquisition of Nautical Ventures [4]. - Gross profit for the quarter was $4.2 million, representing a gross margin of 27% [4]. - The net loss before taxes was $4.3 million, compared to a loss of $1.1 million in the prior-year period, influenced by the strategic acquisition of Nautical Ventures [5]. - The EBITDA loss for the quarter was $2.3 million, slightly higher than the $2.0 million loss in the prior-year period, primarily due to the inclusion of Nautical Ventures' results [6]. Liquidity and Capital Structure - As of November 30, 2025, the company reported cash of $2.3 million and a working capital surplus of approximately $4.7 million, excluding $9.6 million in gross proceeds from equity financing completed on December 19, 2025 [3]. - The positive operating cash flow and recent equity financing are expected to strengthen the company's liquidity profile as it executes operational optimization initiatives [3][7]. Strategic Focus and Outlook - The company aims to achieve EBITDA-positive and cash-flow-positive operations as quickly as possible to enhance long-term shareholder value [2]. - Key priorities for fiscal 2026 include strengthening core operating fundamentals, cash-flow generation, margin improvement, and balance-sheet resilience [8]. - Planned initiatives include completing the integration of Nautical Ventures, monetizing non-core real-estate assets, optimizing inventory levels, and expanding aftersales and maintenance programs [13].

MONTREAL, Jan. 12, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR), today announced that the Company's board of directors (the "Board") approved 1 for 40 reverse stock split of the Company's common shares. The reverse stock split is expected to become effective when the market opens on January 14, 2026 (the "Effective Date") and the Company's common shares will begin trading on a split- adjusted basis under the existing trading symbol "VMAR." The new CUSIP number for the Company's common ...

Core Viewpoint - Vision Marine Technologies Inc. has successfully closed a public offering of 32,000,000 units at a price of $0.30 per unit, generating gross proceeds of $9,600,000 before expenses [1]. Group 1: Offering Details - The offering consists of units that include one common share (or pre-funded warrant) and one-half of one warrant, with each whole warrant allowing the purchase of one common share at an exercise price of $0.375, expiring five years from issuance [1]. - ThinkEquity acted as the sole placement agent for this offering [2]. Group 2: Use of Proceeds - The proceeds from the offering will primarily be used for general corporate purposes, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and prosecuting patent applications related to the E-Motion electric powertrain technology [2]. Group 3: Company Overview - Vision Marine Technologies is a leader in high-voltage electric marine propulsion systems and operates a multi-brand boat retail and service platform, providing premium boating experiences across both internal combustion and electric segments [3]. - The company offers an integrated ecosystem that spans propulsion, retail, service, and on-water consumer engagement through its E-Motion high-voltage propulsion platform and Nautical Ventures retail network [3].

Vision Marine Technologies Inc. (NASDAQ:VMAR) shares jumped 16.67% in after-hours trading to $0.28 on Thursday after pricing a best-efforts public offering.Check out the current price of VMAR stock here.In a best-efforts public offering, the underwriter agrees to sell as many shares as possible without guaranteeing a specific amount of proceeds.Offering DetailsThe marine technology and retail company priced 32 million units at $0.30 each, targeting gross proceeds of $9.6 million before fees, according to a ...

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Core Viewpoint - Vision Marine Technologies Inc. announced a public offering of 32,000,000 units at a price of $0.30 per unit, aiming to raise gross proceeds of $9,600,000 before expenses [1][2]. Group 1: Offering Details - Each unit consists of one common share (or a Pre-Funded Warrant) and one-half of one Warrant, with each whole Warrant allowing the purchase of one common share at an exercise price of $0.375 [1]. - The offering is expected to close on December 19, 2025, pending customary closing conditions [1]. - The common shares and Warrants will be issued separately, but must be purchased together in even numbers [1]. Group 2: Use of Proceeds - The proceeds from the offering will primarily be used for general corporate purposes, including inventory management, servicing floorplan lines of credit, general and administrative expenses, and prosecuting patent applications for the E-Motion™ electric powertrain technology [2]. Group 3: Company Overview - Vision Marine Technologies is a leader in high-voltage electric marine propulsion systems and operates a multi-brand boat retail and service platform [1][4]. - The company offers an integrated ecosystem that spans propulsion, retail, service, and on-water consumer engagement through its E-Motion™ propulsion platform and Nautical Ventures retail network [4].

Vision Marine Technologies Inc. (NASDAQ:VMAR) shares are trending on Wednesday.Check out the current price of VMAR stock here.Shares of the Canadian company fell 13.43% to $0.84 in after-hours trading on Tuesday.Dilutive Offering Triggers SelloffVision Marine Technologies filed an amended Form F-1 registration statement, used by foreign private issuers to register securities for public sale in the U.S., with the Securities and Exchange Commission on Monday.The SEC filing seeks to offer up to 15.09 million c ...

As filed with the United States Securities and Exchange Commission on December 15, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 Amendment No. 1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VISION MARINE TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) Québec 3730 N/A (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) 730 Boul ...

Core Insights - Vision Marine Technologies Inc. has entered into a commercial lease and purchase option agreement for the Anglers Avenue Marine Center in Dania Beach, Florida, enhancing its strategic waterfront asset in Fort Lauderdale [1][2] Group 1: Marina Operations and Expansion - The marina generated approximately US$3.2 million in 2024 through limited storage and service activities, with plans to expand from 109 active slips to a capacity approaching 300 vessels, supporting multi-million-dollar recurring storage revenue annually [2][4] - The expansion plan includes enhanced dealership-level service operations driven by maintenance, repairs, and long-term customer programs at a new Service & Parts Center, positioning the marina as a regional hub for E-Motion™ electric-boat integrations [2][4] Group 2: Strategic Importance and Future Plans - The lease agreement allows Vision Marine to acquire the property in the future and includes a Right of First Refusal for third-party offers, marking a pivotal step toward a vertically integrated marine dealership business [3][4] - The Anglers Avenue site is strategically located 3.3 miles from Fort Lauderdale-Hollywood International Airport, providing exceptional visibility and access for boaters, which is expected to improve operational efficiency across various services [4] Group 3: Company Overview - Vision Marine Technologies operates in the marine technology and retail sector, delivering premium boating experiences across both internal combustion and electric segments, with an integrated ecosystem that spans propulsion, retail, service, and consumer engagement [5]

As filed with the United States Securities and Exchange Commission on December 5, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 VISION MARINE TECHNOLOGIES INC. (Exact name of registrant as specified in its charter) Québec 3730 N/A (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification Number) 730 Boulevard du Curé-Boi ...