Vision Marine Technologies Inc. Reports Significant Sales Growth and Debt Reduction Following Strategic Acquisition

Vision Marine Technologies Inc. (NASDAQ: VMAR), a pioneer in electric marine propulsion and multi-brand boat retail, has announced a dramatic improvement in its sales performance and operational efficiency following the acquisition of Nautical Ventures Group Inc. in June. The newly acquired division has generated approximately $8.2 million in boat sales revenue from June 20 to August 8, representing a staggering 504% increase over the company's total boat sales for fiscal 2024. This surge in sales is accompanied by a 44% reduction in floor plan liabilities, now standing at $31.3 million, and a $4.9 million decrease in inventory. Additionally, the company has seen a 900% year-over-year rise in inbound leads, signaling strong market interest and potential for future growth.

The acquisition has not only bolstered Vision Marine's sales scale but also expanded its footprint in the tender boat market through Nautical Ventures' Highfield Boats distribution. This expansion is further supported by the establishment of a new sales and service hub in Fort Lauderdale, enhancing the company's ability to serve its East Coast customers more effectively. Management has highlighted that this strategic move has transformed the company's growth potential, with more detailed insights expected in the upcoming Q4 2025 results announcement in November.

Vision Marine Technologies Inc. specializes in high-voltage electric propulsion systems for the marine industry, with its flagship product, the E-Motion(TM) 180E, leading the charge in recreational boating solutions. The acquisition of Nautical Ventures Group has enabled Vision Marine to diversify its offerings, now including both traditional internal combustion engine (ICE) boats and next-generation electric propulsion solutions. This diversification positions Vision Marine as a comprehensive provider in the recreational boating market, catering to a wide range of consumer needs and preferences.

For investors and industry observers, the latest developments underscore Vision Marine's commitment to innovation and market expansion. The company's ability to significantly increase sales while reducing debt and inventory levels demonstrates operational efficiency and strategic foresight. As the marine industry continues to evolve towards sustainable and electric propulsion solutions, Vision Marine's recent achievements and expanded product lineup place it at the forefront of this transformation. More information about Vision Marine Technologies Inc. and its recent performance can be found in the company's newsroom at https://ibn.fm/VMAR.