Revenue Breakdown
Composition ()
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Revenue Streams
Vision Marine Technologies Inc (VMAR) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Sale of electric boats, accounting for 78.0% of total sales, equivalent to CAD 160.37K. Another important revenue stream is Rental of electric boats. Understanding this composition is critical for investors evaluating how VMAR navigates market cycles within the Recreational Products industry.
Profitability & Margins
Evaluating the bottom line, Vision Marine Technologies Inc maintains a gross margin of 21.80%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -20.06%, while the net margin is -27.48%. These profitability ratios, combined with a Return on Equity (ROE) of -370.95%, provide a clear picture of how effectively VMAR converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, VMAR competes directly with industry leaders such as JFBR and BHAT. With a market capitalization of $2.46M, it holds a significant position in the sector. When comparing efficiency, VMAR's gross margin of 21.80% stands against JFBR's 4.41% and BHAT's 36.54%. Such benchmarking helps identify whether Vision Marine Technologies Inc is trading at a premium or discount relative to its financial performance.
