Vision Marine Technologies Second Quarter 2023 Earnings: CA$0.77 loss per share (vs CA$0.51 loss in 2Q 2022)

Vision Marine Technologies (NASDAQ:VMAR) Second Quarter 2023 Results

Key Financial Results

• Revenue: CA$831.2k (up 10% from 2Q 2022).

• Net loss: CA$6.70m (loss widened by 58% from 2Q 2022).

• CA$0.77 loss per share (further deteriorated from CA$0.51 loss in 2Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Vision Marine Technologies' share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Vision Marine Technologies is showing 4 warning signs in our investment analysis and 2 of those are a bit concerning...

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