Vision Marine Technologies Inc.

NasdaqCM VMAR

Vision Marine Technologies Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending November 30, 2024

Vision Marine Technologies Inc. Net Cash Used For Investing Activities is NA for the Trailing 12 Months (TTM) ending November 30, 2024. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.

Vision Marine Technologies Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending November 30, 2023 was USD -281.74 K, a 63.68% change year over year.
Vision Marine Technologies Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending November 30, 2022 was USD -775.75 K, a 89.92% change year over year.
Vision Marine Technologies Inc. Net Cash Used For Investing Activities for the Trailing 12 Months (TTM) ending November 30, 2021 was USD -7.70 M.

Key data

Date	Net Cash Used For Investing Activities	Net Cash Used Provided By Financing Activities	Dividends Paid	Capital Expenditure

NasdaqCM: VMAR

Vision Marine Technologies Inc.

CEO	Mr. Alexandre Mongeon
IPO Date	Nov. 24, 2020
Location	Canada
Headquarters	730 Boulevard du CurE-Boivin
Employees	46
Sector	Industrials
Industries Machinery Automobiles & Vehicles Electric Vehicles (EVs) Renewables Shipbuilding

Description

Vision Marine Technologies Inc. designs, develops, and manufactures electric outboard powertrain systems and electric boats in Canada, the United States, and internationally. It operates in two segments, Sale of Electric Boats and Rental of Electric Boats. The company offers outboard motors, boat parts, and related maintenance services. It also operates an electric boat rental center with a fleet of approximately 20 ships located in Newport beach, California. The company provides its products through its retail e-commerce website, as well as rental boating companies, distributors, and dealers. It serves original equipment manufacturers and end-consumers. The company was formerly known as The Canadian Electric Boat Company. The company was founded in 1995 and is headquartered in Boisbriand, Canada. Vision Marine Technologies Inc. operates as a subsidiary of West Island Brands Inc.

Key trends

Past 5 years