Financials in USD. Standardized financial statements.
A compact view of how Vision Marine Technologies Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $13.83M | $3.76M | $5.68M | $7.59M | $3.48M | $2.36M | $2.88M | $1.29M |
| Revenue Growth? | +267.6% | -33.8% | -25.1% | +118.1% | +47.6% | -18.2% | +122.7% | 0.0% |
| Cost of Revenue? | $13.54M | $6.61M | $4.73M | $4.47M | $2.07M | $1.79M | $1.96M | $890,007 |
| Gross Profit? | $295,758 | -$2.84M | $952,841 | $3.11M | $1.41M | $561,901 | $913,833 | $402,717 |
| Gross Margin? | +2.1% | -75.6% | +16.8% | +41.0% | +40.4% | +23.8% | +31.7% | +31.2% |
| Operating Expenses? | $10.61M | $13.56M | $21.31M | $16.30M | $14.11M | $2.66M | $579,055 | $408,941 |
| Operating Income? | -$10.31M | -$16.41M | -$20.36M | -$13.18M | -$12.71M | -$2.10M | $334,777 | -$6,224 |
| EBITDA? | -$20.07M | -$12.98M | -$20.07M | -$12.09M | -$14.32M | -$1.93M | $368,205 | $36,808 |
| Income Before Tax | -$21.64M | -$14.25M | -$21.28M | -$13.27M | -$14.86M | -$2.20M | $298,414 | -$34,682 |
| Income Tax Expense | $7,882 | -$241,500 | -$282,467 | $266,654 | $104,530 | $20,768 | $64,593 | $154,257 |
| Net Income? | -$21.65M | -$14.01M | -$21.00M | -$13.53M | -$14.96M | -$2.22M | $233,819 | -$188,939 |
| EPS? | $-981.35 | $-34328.09 | $-122321.44 | $-87858.38 | $-97054.85 | $-15088.59 | $1590.80 | $-1285.35 |
| Diluted EPS? | $-981.35 | $-34328.09 | $-122321.44 | $-87858.38 | $-97054.85 | $-15088.59 | $1590.80 | $-1285.35 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality