VMAR Stock Analysis
VM
Uncovered
Vision Marine Technologies Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Market cap $B
0.003
Dividend yield
—
Shares outstanding
9.485 B
Vision Marine Technologies, Inc. engages in the manufacture and sell or rent electric boats. The company is headquartered in Boisbriand, Quebec and currently employs 51 full-time employees. The company went IPO on 2020-11-24. The company operates through two segments: sale of electric boats and rental of electric boats. The sale of electric boats segment is engaged in the manufacture of customized electric boats for consumer market and sale of boat parts maintenance. The rental of electric boat segment is engaged in short-term rental operation and boat club membership. The company designs, manufactures, and sells its handcrafted, environmentally friendly, electric recreational powerboats to recreational customers. Its flagship outboard powertrain E-Motion is a purpose-built outboard powertrain system that combines an advanced battery pack, inverter, and high efficiency motor with union assembly between the transmission and the electric motor design utilizing control software. Its E-Motion and related technologies used in this powertrain system are designed to enhance the outboard powertrain.