Vision Marine Sees 504% Boat Sales Surge and Cuts Debt After Nautical Ventures Acquisition

Thursday, Aug 14, 2025 1:15 pm ET1min read

Vision Marine Technologies (VMAR) reported a 504% surge in boat sales revenue to $8.2 million following the acquisition of Nautical Ventures Group Inc. in June. The company also saw a 44% reduction in floor plan liabilities and a 900% year-over-year rise in inbound leads. Management expects the acquisition to transform the company's sales scale and growth potential, with more details to come in its Q4 2025 results.

Vision Marine Technologies (VMAR) has reported a significant increase in boat sales revenue following its June acquisition of Nautical Ventures Group Inc. From June 20 to August 8, 2025, the newly acquired Nautical Ventures division generated approximately $8.2 million in boat sales, marking a 504% increase over the company's total boat sales for fiscal 2024 [1].

The acquisition has also led to a 44% reduction in floor plan liabilities, from approximately $56.1 million as of December 31, 2024, to $31.3 million as of August 8, 2025 [2]. Additionally, the company reduced its product inventory by approximately $4.9 million during the same period, driven by increased demand across both internal combustion engine (ICE) and electric boat categories [2].

Vision Marine is expanding its presence in the tender boat segment through Nautical Ventures' role as a leading U.S. distributor of Highfield Boats. A new dedicated Fort Lauderdale facility now serves as a high-volume hub for tender sales and service [2].

The acquisition has also resulted in a 900% year-over-year increase in inbound boat leads, attributed to the availability of new product lines and a performance-driven marketing strategy [2]. This surge in demand directly supports Vision Marine's growth across both electric and ICE segments.

Alexandre Mongeon, CEO of Vision Marine, stated, "This is a materially different Vision Marine than it was last year. Through the acquisition of Nautical Ventures, we’ve added real sales volume, operational scale, and a platform capable of accelerating both electric and traditional boat sales" [2].

Management expects the acquisition to transform the company's sales scale and growth potential, with more details to come in its Q4 2025 results in November [1, 2].

References:
[1] https://finance.yahoo.com/news/vision-marine-nasdaq-vmar-sees-170000457.html
[2] https://www.northjersey.com/press-release/story/11950/vision-marine-technologies-reports-8-2m-in-7-week-boat-sales-highlighting-post-acquisition-growth-impact/

Vision Marine Sees 504% Boat Sales Surge and Cuts Debt After Nautical Ventures Acquisition

Comments



Add a public comment...
No comments

No comments yet