Vision Marine Technologies Inc. Financial Summary

Complete Filing Data

Vision Marine Technologies Inc. reported Cash And Cash Equivalents of $3.36 million for FY2023.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Vision Marine Technologies Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019
Income Tax Expense Continuing Operations-$280.9K$258.3K$105.6K$21.3K$64.4K
Profit Loss Before Tax-$21.2M-$12.9M-$15.0M-$2.3M$297.5K
Profit Loss-$20.9M-$13.1M-$15.1M-$2.3M$233.1K
Gross Profit$1.5M$3.3M$1.6M$604.4K$1.3M
General And Administrative Expense$3.1M$1.9M$1.2M$194.9K$69.7K
Cost Of Sales$4.0M$4.1M$1.9M$1.8M$1.6M
Comprehensive Income-$20.5M-$12.8M-$14.7M-$2.3M$233.1K
Sales And Marketing Expense$3.5M$2.0M$1.1M$238.4K
Research And Development Expense$5.7M$2.2M$1.5M
Other Comprehensive Income Net Of Tax Exchange Differences On Translation$335.0K$309.1K$388.6K
Other Comprehensive Income$335.0K$309.1K$388.6K
Adjustments For Interest Expense On Debt And Lease Liabilities$166.7K$157.3K$70.4K$5.9K$5.1K
Adjustments For Income Tax Expense-$280.9K$258.3K$105.6K$21.3K$25.8K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019FY2018
Cash And Cash Equivalents$3.4M$5.8M$18.1M$1.3M$37.5K$37.5K
Deferred Tax Expense Income-$210.3K$75.5K-$25.8K$21.3K$25.8K
Purchase Of Property Plant And Equipment Classified As Investing Activities$938.8K$1.2M$544.4K$78.0K$176.0K
Cash Flows From Used In Operations Before Changes In Working Capital-$16.3M-$8.4M-$6.7M-$724.1K$299.1K
Cash Flows From Used In Operating Activities-$14.0M-$11.0M-$8.3M-$434.7K-$112.4K
Cash Flows From Used In Investing Activities-$537.0K-$964.5K-$9.5M-$37.7K-$109.2K
Cash Flows From Used In Financing Activities$12.1M-$361.8K$34.6M$1.7M$259.1K
Adjustments For Increase Decrease In Trade And Other Payables$724.6K$182.3K$96.6K$263.5K-$96.1K
Adjustments For Decrease Increase In Trade And Other Receivables-$78.3K-$152.8K-$232.7K$22.8K-$42.5K
Issue Of Equity$6.8M$606.6K$2.2M$2.5M
Trade And Other Current Receivables$550.8K$472.5K$319.7K$79.0K
Trade And Other Current Payables$1.8M$1.0M$848.1K$639.8K
Retained Earnings-$51.5M-$30.7M-$17.6M-$2.4M
Property Plant And Equipment$2.3M$2.2M$1.4M$538.1K
Liabilities$12.5M$5.1M$5.3M$2.8M
Equity And Liabilities$24.0M$29.1M$38.8M$3.6M
Current Liabilities$4.9M$2.9M$2.7M$1.9M
Current Contract Liabilities$1.8M$1.0M$898.7K$20.4K
Current Assets$8.5M$11.6M$21.3M$2.4M
Assets$24.0M$29.1M$38.8M$3.6M
Rightofuse Assets$2.4M$2.3M$2.9M$653.0K
Noncurrent Lease Liabilities$2.0M$1.9M$2.4M$552.2K
Current Lease Liabilities$647.6K$561.2K$562.1K$120.8K
Adjustments For Decrease Increase In Grants And Investment Tax Credits Receivable$681.7K-$573.4K$293.9K-$2.2K$118.9K
Share Subscription Receivable Current$39.2K$39.2K$39.2K
Intangible Assets Other Than Goodwill$966.7K$1.1M$1.2M
Accumulated Other Comprehensive Income$1.0M$697.7K$388.6K
Other Noncurrent Financial Assets$114.8K$118.9K$33.3K
Adjustments For Gain Loss On Lease Termination$50.3K$5.7K$7.2K
Noncurrent Derivative Financial Liabilities$5.6M$0.00
Adjustments For Decrease Increase In Financial Liabilities$64.1K$61.8K$15.2K
Trade And Other Current Receivables Due From Related Parties$20.1K$16.7K$185.4K
Purchase Of Intangible Assets Classified As Investing Activities$32.2K$528.7K

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019FY2018
Increase Decrease In Cash And Cash Equivalents-$2.5M-$12.3M$16.9M$1.3M$37.5K
Payments Of Lease Liabilities Classified As Financing Activities$726.9K$695.7K$295.3K$130.1K
Proceeds From Borrowings Classified As Financing Activities$258.0K$282.4K$280.0K$84.8K
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities$401.8K$243.6K$34.1K

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019
Weighted Average Shares9.3M8.3M7.4M4.2M3.7M
Diluted Earnings Loss Per Share$-2.22$-1.58$-2.04$-0.56
Basic Earnings Loss Per Share$-2.25$-1.58$-2.04$-0.56
Adjusted Weighted Average Shares9.3M8.3M7.4M4.2M
Adjustments For Shares Issued For Services1.7M596.6K109.1K26.5K

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2023FY2022FY2021FY2020FY2019
Wages And Salaries$4.0M$3.3M$1.8M$315.1K$373.0K
Professional Fees Expense$3.8M$3.6M$1.6M$671.8K$111.7K
Employee Benefits Expense$1.1M$2.7M$7.1M$1.3M
Current Tax Expense Income-$70.6K$182.9K$131.4K$38.6K
Finance Income Cost$1.6M-$223.7K-$2.3M-$108.4K
Depreciation Expense$589.0K$268.5K$184.9K$27.9K$1.5K
Repayments Of Borrowings Classified As Financing Activities$207.6K$135.2K$419.1K$14.0K$60.0K
Adjustments For Increase Decrease In Deposits From Customers$786.4K$130.6K$396.1K-$159.6K-$496.0K
Adjustments For Decrease Increase In Prepaid Expenses$498.7K-$1.9M-$552.2K-$162.4K-$8.6K
Adjustments For Decrease Increase In Inventories-$351.8K-$117.7K-$1.5M$327.3K$112.9K
Operating Expense$22.7M$16.1M$16.6M$2.9M$987.9K
Share Issue Related Cost$800.7K$0.00$0.00$320.2K
Adjustments For Sharebased Payments$1.1M$2.7M$7.1M$740.0K
Adjustments For Depreciation Expense$1.1M$955.5K$417.1K$170.2K$35.1K
Adjustments For Unrealised Foreign Exchange Losses Gains$49.7K$17.4K-$6.5K
Increase Decrease Through Sharebased Payment Transactions$1.1M$2.7M$7.1M$740.0K
Longterm Borrowings$33.8K$155.3K$53.9K$354.5K
Issued Capital$50.4M$43.4M$42.8M$2.5M
Inventories$2.4M$2.1M$2.0M$491.5K
Reserve Of Sharebased Payments$11.7M$10.6M$7.9M$740.0K
Current Borrowings And Current Portion Of Noncurrent Borrowings$271.5K$72.1K$10.2K$57.2K
Adjustments For Fair Value Gains Losses$2.4M$330.0K$550.0K

Most recent annual filing with the SEC: November 30, 2023

Data sourced from SEC EDGAR public filings as of August 4, 2026.