VMAR
Income statement / Annual
Last year (2024), Vision Marine Technologies Inc.'s total revenue was $3.79 M,
a decrease of 32.86% from the previous year.
In 2024, Vision Marine Technologies Inc.'s net income was -$14.06 M.
See Vision Marine Technologies Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
| Period Ended |
08/31/2024 |
08/31/2023 |
08/31/2022 |
08/31/2021 |
08/31/2020 |
08/31/2019 |
08/31/2018 |
| Operating Revenue |
$3.79 M
|
$5.65 M
|
$7.35 M
|
$3.51 M
|
$2.42 M
|
$2.87 M
|
$1.27 M
|
| Cost of Revenue |
$2.30 M |
$4.12 M |
$4.07 M |
$1.91 M |
$1.81 M |
$1.58 M |
$769,839.00 |
| Gross Profit |
$1.50 M |
$1.54 M |
$3.29 M |
$1.60 M |
$604,390.00 |
$1.29 M |
$501,727.00 |
| Gross Profit Ratio |
0.39 |
0.27 |
0.45 |
0.46 |
0.25 |
0.45 |
0.39 |
| Research and Development
Expenses |
$2.74 M
|
$5.70 M
|
$2.24 M
|
$1.49 M
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$9.14 M
|
$12.01 M
|
$11.58 M
|
$11.84 M
|
$2.49 M
|
$789,146.00
|
$396,152.00
|
| Selling & Marketing
Expenses |
$2.02 M
|
$3.47 M
|
$1.97 M
|
$927,508.00
|
$238,389.00
|
$157,276.00
|
$111,198.00
|
| Selling, General &
Administrative Expenses |
$11.16 M
|
$15.49 M
|
$13.55 M
|
$12.76 M
|
$2.73 M
|
$946,422.00
|
$507,350.00
|
| Other Expenses |
-$12.40 M |
-$19.65 M |
$268,490.00 |
$184,855.00 |
$27,895.00 |
$1,513.00 |
$0.00 |
| Operating Expenses |
$1.50 M |
$1.54 M |
$16.06 M |
$14.44 M |
$2.76 M |
$947,935.00 |
$507,850.00 |
| Cost And Expenses |
$3.79 M |
$25.31 M |
$20.12 M |
$16.35 M |
$4.57 M |
$2.53 M |
$1.28 M |
| Interest Income |
$64,118.00 |
$113,334.00 |
$379,288.00 |
$123,100.00 |
$107,105.00 |
$34,457.00 |
$0.00 |
| Interest Expense |
$249,627.00 |
$142,117.00 |
$184,895.00 |
$123,100.00 |
$107,105.00 |
$34,457.00 |
$39,951.00 |
| Depreciation &
Amortization |
$1.02 M
|
$1.06 M
|
$955,513.00
|
$417,050.00
|
$170,182.00
|
$35,109.00
|
$30,371.00
|
| EBITDA |
-$13.04 M
|
-$19.96 M
|
-$11.71 M
|
-$12.88 M
|
-$1.98 M
|
$368,809.00
|
$24,248.00
|
| EBITDA Ratio |
-3.44 |
-3.53 |
-1.54 |
-3.67 |
-0.82 |
0.13 |
0.02 |
| Operating Income Ratio
|
0
|
-3.48
|
-1.67
|
-3.79
|
-0.89
|
0.12
|
-0
|
| Total Other
Income/Expenses Net |
-$14.32 M
|
-$1.50 M
|
-$348,228.00
|
-$2.10 M
|
-$107,942.00
|
-$39,976.00
|
-$28,493.00
|
| Income Before Tax |
-$14.32 M |
-$21.16 M |
-$12.85 M |
-$15.01 M |
-$2.25 M |
$297,453.00 |
-$34,115.00 |
| Income Before Tax Ratio
|
-3.77
|
-3.74
|
-1.75
|
-4.27
|
-0.93
|
0.1
|
-0.03
|
| Income Tax Expense |
-$255,463.00 |
-$280,875.00 |
$258,343.00 |
$105,590.00 |
$21,309.00 |
$64,387.00 |
$151,733.00 |
| Net Income |
-$14.06 M |
-$20.88 M |
-$13.11 M |
-$15.11 M |
-$2.28 M |
$233,066.00 |
-$185,848.00 |
| Net Income Ratio |
-3.71 |
-3.69 |
-1.78 |
-4.3 |
-0.94 |
0.08 |
-0.15 |
| EPS |
0 |
-304.08 |
-1.58 |
-2.04 |
-0.31 |
0.0308 |
-0.0245 |
| EPS Diluted |
0 |
-304.08 |
-1.58 |
-2.04 |
-0.31 |
0.0308 |
-0.0245 |
| Weighted Average Shares
Out |
$0.00
|
$68,657.00
|
$8.32 M
|
$7.41 M
|
$7.40 M
|
$7.58 M
|
$7.58 M
|
| Weighted Average Shares
Out Diluted |
$0.00
|
$68,657.00
|
$8.32 M
|
$7.41 M
|
$7.40 M
|
$7.58 M
|
$7.58 M
|
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