Vision Marine TechnologiesVMAR
Market Cap: $1.42M
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 includes, 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 its Rental 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 Q2 SEC filings by fund managers ($100M+ AUM)
14% more capital invested
Capital invested by funds: $1.03M [Q1] → $1.18M (+$146K) [Q2]
0.84% less ownership
Funds ownership: 14.85% [Q1] → 14.0% (-0.84%) [Q2]
16% less funds holding
Funds holding: 19 [Q1] → 16 (-3) [Q2]
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Ascendiant Capital Lucas Ward 0% 1-year accuracy 0 / 10 met price target | 1,707%upside $30 | Buy Maintained | 29 Jul 2024 |