Vision Marine Technologies (VMAR) Amortization (2020 - 2023)
Vision Marine Technologies (VMAR) reported Amortization of $6.8 million for Q1 2023, up 350.54% year-over-year from $1.5 million in Q1 2022, and up 168.24% on a QoQ basis from $2.5 million in Q4 2022.
Vision Marine Technologies (VMAR) has 4 years of Amortization data on file, last reported at $6.8 million in Q1 2023.
- Quarterly Amortization rose 350.54% year-over-year to $6.8 million in Q1 2023, while the trailing twelve-month figure through Feb 2023 was $10.8 million (up 255.27% YoY) and the FY2022 annual result came in at $29.1 million, up 60.35% from the prior year.
- Amortization grew to $6.8 million in Q1 2023 per VMAR's latest filing, from $2.5 million in the prior quarter.
- Across five years, Amortization topped out at $6.8 million in Q1 2023 and bottomed at -$2.9 million in Q2 2021.
- The 4-year median for Amortization is -$393212.0 (2020), against an average of $479963.0.
- The widest annual swing landed in 2021, when Amortization sank 2295.06%; it then soared 350.54% in 2023.
- Tracing VMAR's Amortization over 4 years: stood at $133425.0 in 2020, then tumbled by 1186.91% to -$1.5 million in 2021, then surged by 273.98% to $2.5 million in 2022, then jumped by 168.24% to $6.8 million in 2023.
- Per Business Quant, the three latest VMAR Amortization figures stand at $6.8 million (Q1 2023), $2.5 million (Q4 2022), and $2.4 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Brunswick | 5.48 Bn | 5.20 Bn | 343.60 Mn | - |
| 2 | Thor Industries | 4.17 Bn | 3.93 Bn | 251.25 Mn | - |
| 3 | Polaris | 4.05 Bn | 3.77 Bn | - | - |
| 4 | Brp | 3.05 Bn | 2.70 Bn | 398.91 Mn | - |
| 5 | Patrick Industries | 2.94 Bn | 2.90 Bn | 226.86 Mn | - |
| 6 | Harley-Davidson | 2.66 Bn | 2.68 Bn | 266.45 Mn | - |
| 7 | Lci Industries | 2.64 Bn | 2.50 Bn | 273.67 Mn | - |
| 8 | Winnebago Industries | 837.26 Mn | 789.86 Mn | 85.60 Mn | - |
| 9 | Malibu Boats | 526.29 Mn | 480.05 Mn | 41.28 Mn | - |
| 10 | Vision Marine Technologies | 7,923.06 | -4.05 Mn | 4.40 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2023 | 6.77 Mn |
| Feb 28, 2023 | 6.77 Mn |
| Nov 30, 2022 | 2.52 Mn |
| Nov 30, 2022 | 2.52 Mn |
| Aug 31, 2022 | 2.42 Mn |
| Aug 31, 2022 | 2.42 Mn |
| May 31, 2022 | -919,849.00 |
| May 31, 2022 | -919,849.00 |
| Feb 28, 2022 | -2.70 Mn |
| Feb 28, 2022 | -2.70 Mn |
| Nov 30, 2021 | -1.45 Mn |
| Nov 30, 2021 | -1.45 Mn |
| May 31, 2021 | -2.93 Mn |
| May 31, 2021 | -2.93 Mn |
| May 31, 2020 | 133,425.00 |
| May 31, 2020 | 133,425.00 |