Vision Marine Technologies posts Q1 net loss of USD 4.5 million and sales of boats of USD 63.8 thousand

Reuters01-13

Vision Marine Technologies posts Q1 net loss of USD 4.5 million and sales of boats of USD 63.8 thousand

Vision Marine Technologies Inc. reported its financial results for the three-month period ended November 30, 2025. The company recorded sales of boats of USD 63.8 thousand and sales of parts and boat maintenance of USD 22.5 thousand during the period. The total comprehensive loss for the period was USD 4.5 million. Basic and diluted loss per share was USD 0.86, with a weighted average of 5.0 million shares outstanding. Operating expenses for the period included professional fees of USD 617.7 thousand, office and general expenses of USD 340.4 thousand, share-based compensation of USD 21.3 thousand, and depreciation and amortization of USD 102.6 thousand. Net finance expense was USD 113.0 thousand. Vision Marine Technologies Inc. continued to pursue additional cost-saving initiatives and seek financing opportunities to strengthen its liquidity position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Marine Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-003100), on January 13, 2026, and is solely responsible for the information contained therein.

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The company recorded sales of boats of USD 63.8 thousand and sales of parts and boat maintenance of USD 22.5 thousand during the period. The total comprehensive loss for the period was USD 4.5 million. Basic and diluted loss per share was USD 0.86, with a weighted average of 5.0 million shares outstanding. Operating expenses for the period included professional fees of USD 617.7 thousand, office and general expenses of USD 340.4 thousand, share-based compensation of USD 21.3 thousand, and depreciation and amortization of USD 102.6 thousand. Net finance expense was USD 113.0 thousand. Vision Marine Technologies Inc. continued to pursue additional cost-saving initiatives and seek financing opportunities to strengthen its liquidity position.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vision Marine Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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ID: 0001104659-26-003100), on January 13, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VMAR","symbol_name":"Vision Marine Technologies Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260113:nNDL3XqkJ7:1","article_id":"2603695682","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603695682","pubTimestamp":1768311161,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Vision Marine Technologies Inc. reported its financial results for the three-month period ended November 30, 2025. 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Basic and diluted loss per share was USD 0.86, with a weighted average of 5.0 million shares outstanding. Operating expenses for the period included professional fees of USD 617.7 thousand, office and general expenses of USD 340.4 thousand, share-based compensation of USD 21.3 thousand, and depreciation and amortization of USD 102.6 thousand. Net finance expense was USD 113.0 thousand. Vision Marine Technologies Inc. continued to pursue additional cost-saving initiatives and seek financing opportunities to strengthen its liquidity position.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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