#Canada #Montreal #Vision Marine #Marine Technology #Nautical Ventures

Vision Marine Technologies Reports FY 2025 Results

Vision Marine Technologies Inc. (NASDAQ: VMAR) has shared significant financial insights for the fiscal year ending August 31, 2025, revealing a period marked by substantial market expansion following the acquisition of Nautical Ventures Group Inc. This Florida-based company, recognized as the Boating Industry's Top 100 Dealers of the Year for 2024, has been pivotal in enhancing Vision Marine’s presence in one of North America's most vibrant marine markets.

Key Financial Highlights

In the fiscal year following their acquisition on June 20, 2025, Nautical Ventures reported impressive revenues of $12.8 million and a gross profit of $4.7 million, equating to a gross profit margin of 36.8%. This acquisition is more than just a financial statistic; it signifies a strategic move that positions Vision Marine to leverage Nautical Ventures’ established brand equity and industry expertise. Comprehensive audited financial statements, including the company's net loss for the period, are available through the U.S. Securities and Exchange Commission's filings.

Continued Success in FY 2026

As Vision Marine stepped into fiscal 2026, Nautical Ventures has maintained a robust customer engagement level and witnessed healthy sales activity across its brand lineup, including notable names like Beneteau, Axopar, and Wellcraft. The company plans to release its first-quarter results for the three-month period ending November 30, 2025, in January 2026, a move that is highly anticipated by investors and stakeholders alike.

Operational Advancements

Following the acquisition, Vision Marine has made significant strides in refining its operational framework. The company's initiative to reduce Nautical Ventures' floor-plan financing balance has seen it drop from $42 million at the acquisition date to approximately $22.1 million as of late November 2025. Additionally, the consolidation of operations across two North Palm Beach locations is expected to yield approximately $1.6 million in annual savings, presenting a sound strategy for enhancing profitability.

The acquisition structure also provides Vision Marine with a real estate receivable linked to the future sale of four distinct properties in Florida. Currently valued at $6.6 million, this asset will further solidify the company’s financial foundation.

Vision for the Future

"The acquisition of Nautical Ventures grants Vision Marine a formidable launching pad for expansion," stated Alexandre Mongeon, Co-Founder and CEO. He emphasized the potential for product diversification and enhanced customer engagement that this strategic positioning offers. Mongeon believes that the groundwork laid in fiscal 2025 equips Vision Marine for accelerated growth in upcoming years.

With a reinforced operational structure and an expanded retail footprint, Vision Marine Technologies is poised to capitalize on further opportunities throughout 2026 and beyond, continuously aiming for innovation and leadership in the marine technology space.

About Vision Marine Technologies Inc.

Vision Marine Technologies is a pioneering marine technology company specializing in providing premier experiences in both electric and ICE (internal combustion engine) segments. Their unique dual focus—emphasizing high-voltage electric propulsion technology and a multi-brand retail network through Nautical Ventures—places them at the forefront of marinas and recreational boating. For more information, visit their website at www.visionmarinetechnologies.com.

Forward-Looking Statements: This announcement contains forward-looking statements based on current expectations and potential outcomes that may differ from actual results due to various risks and uncertainties. Vision Marine does not undertake to update any forward-looking statements except as legally required.