Vision Marine Technologies (VMAR)

• Market cap: $2.33M
• 1 day: -0.67%
• 5 days: -1.97%
• 1 month: -45.42%
• 3 months: -76.65%
• 6 months: -98.25%
• Year to date: -98.96%
• 1 year: -99.05%
• 5 years: -99.92%
• 10 years: -99.92%

About: Vision Marine Technologies Inc is in the business of designing and manufacturing electric outboard powertrain systems, power boats, and related technology and the renting of electric boats. The different models of the powerboats and electric boats manufactured by the company include Bruce 22, Fantail 217, Volt 180, and others. The company operates in two reportable business segments; Sale of electric boats and Rental of electric boats. The majority of the revenue for the company is generated from the Sale of electric boats segment. Geographically, the company generates revenue from its business in Canada, USA and other countries. A substantial portion of the overall revenue is generated from its business in USA.

Employees: 46

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

10.55% less ownership

Funds ownership: 14.04% [Q2] → 3.49% (-10.55%) [Q3]

31% less funds holding

Funds holding: 16 [Q2] → 11 (-5) [Q3]

71% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 7

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

92% less capital invested

Capital invested by funds: $1.18M [Q2] → $98.7K (-$1.08M) [Q3]