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 🔒
DateValue
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