Vision Marine Technologies reported cash from operations of $2.03M and free cash flow of $1.89M for the quarter ended May 2026, up 187.5% year over year. This cash flow statement covers 26 quarters of results from Aug 2019 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow Statement | Aug2019 | May2020 | Aug2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | Mar2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||
| Net Income | -3.43M | -4.24M | -1.40M | -5.04M | -4.97M | -2.15M | 0.75M | 6.25M | 2.22M | 1.16M | -2.11M | 1.65M | -7.55M | 12.82M | -2.59M | -0.72M | 5.71M | |||||||||
| Share-based Compensation | 1.59M | 0.58M | 0.37M | 0.23M | 0.26M | 0.46M | 0.06M | 0.05M | 0.14M | 0.03M | 0.02M | 0.10M | 0.01M | 0.03M | 0.02M | 0.02M | 0.02M | |||||||||
| Deferred Taxes | 0.04M | -0.07M | 7.00 | 0.01M | -0.04M | -0.13M | -0.05M | -0.07M | -0.08M | 0.01M | 0.02M | 0.00M | -0.01M | -0.00M | -0.01M | 772.00 | ||||||||||
| Cash from Discontinued Operations | -2.32M | 2.03M | ||||||||||||||||||||||||
| Gains from Sales and Divestitures | -0.03M | 0.15M | -0.00M | 0.14M | ||||||||||||||||||||||
| Gains from Investment Securities | -0.12M | -3.96M | -4.50M | -1.22M | 0.32M | |||||||||||||||||||||
| Asset Writedowns and Impairment | 3.24M | |||||||||||||||||||||||||
| Cash from Operations | -3.51M | -4.45M | -1.56M | -2.93M | -2.30M | -3.07M | -1.97M | -3.01M | -3.16M | -0.86M | -0.37M | -4.16M | -2.32M | 1.71M | 2.03M | |||||||||||
| Depreciation, Depletion & Amortization | ||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Depreciation & Amortization | 0.23M | 0.20M | 0.20M | 0.20M | 0.30M | 0.19M | 0.16M | 0.10M | 0.08M | 0.10M | 0.67M | 0.87M | 0.85M | |||||||||||||
| Change in Working Capital | ||||||||||||||||||||||||||
| Change in Receivables | -0.18M | 0.29M | -0.31M | 0.12M | 0.26M | 0.12M | -0.49M | 0.04M | 0.13M | -0.08M | 0.13M | 157.90 | -0.05M | 0.24M | 0.09M | |||||||||||
| Change in Inventory | -0.80M | -0.24M | -0.23M | -0.40M | 0.23M | -0.15M | 0.21M | -0.54M | -1.57M | -0.63M | -0.53M | -0.07M | -0.18M | 3.46M | 9.51M | |||||||||||
| Change in Account Payables | -0.03M | 0.02M | 0.03M | 1.00M | -0.22M | -0.03M | -0.02M | 0.79M | 2.05M | 0.56M | 1.46M | -1.77M | 0.19M | 1.07M | 0.26M | |||||||||||
| Change in Accured Expenses | ||||||||||||||||||||||||||
| Change in Taxes | 0.01M | -0.27M | -0.03M | -0.01M | 0.01M | -0.01M | -0.01M | |||||||||||||||||||
| Other Working Capital Changes | -0.49M | -1.74M | -0.55M | 1.00M | -0.73M | -0.63M | -0.75M | 0.79M | 0.42M | -0.63M | -0.45M | -0.70M | -0.21M | |||||||||||||
| Investing Activities | ||||||||||||||||||||||||||
| Capital Expenditures | -0.13M | -0.41M | -0.14M | 1.44M | -0.26M | 0.48M | 0.16M | 1.99M | 1.84M | -0.18M | -0.16M | -0.05M | -0.00M | -0.20M | 3.89M | 0.14M | ||||||||||
| Sales of Property, Plant and Equipment | 0.04M | 0.00M | -136.00 | 0.15M | 0.26M | 0.04M | ||||||||||||||||||||
| Acquisitions | 5.26M | |||||||||||||||||||||||||
| Divestments | 0.07M | |||||||||||||||||||||||||
| Cash from Investing Activities | -0.11M | -0.41M | -0.15M | -0.11M | -0.16M | -0.16M | -0.08M | 0.01M | -0.18M | 0.62M | 0.01M | -0.01M | -0.26M | 1.87M | 0.12M | |||||||||||
| Financing Activities | ||||||||||||||||||||||||||
| Debt Issuance and Repayment | ||||||||||||||||||||||||||
| Long-Term Debt Issuances | -0.17M | 0.46M | -0.14M | -0.14M | -0.02M | 0.20M | 0.20M | 0.06M | 0.80M | |||||||||||||||||
| Long-Term Debt Repayments | -0.00M | -0.03M | -0.02M | -0.02M | -0.07M | -0.05M | 0.09M | -0.15M | -0.02M | -0.23M | -0.09M | -0.22M | -0.14M | |||||||||||||
| Short-Term Debt issuances | -0.54M | 0.08M | -0.73M | -0.19M | -0.10M | -0.36M | ||||||||||||||||||||
| Change in Capital Stock | ||||||||||||||||||||||||||
| Shares Issued | 0.02M | 0.02M | ||||||||||||||||||||||||
| Net Equity Issued and Repurchased | ||||||||||||||||||||||||||
| Misc. | ||||||||||||||||||||||||||
| Cash from Financing Activities | -69.00 | 0.08M | -0.19M | -0.06M | 3.07M | 1.33M | 3.42M | 1.15M | 1.05M | -0.38M | 0.16M | 4.82M | -0.12M | -4.07M | -5.40M | |||||||||||
| Exchange Rate Effect | -0.01M | -0.00M | -0.01M | 0.03M | 0.04M | 0.04M | 0.00M | 0.01M | 0.04M | 2.41M | -0.01M | 0.77M | -0.00M | -0.18M | ||||||||||||
| Change in Cash | 14.54M | -4.78M | -20.05M | -3.10M | 0.60M | -1.90M | 5.74M | -1.84M | 0.88M | 0.25M | 2.25M | 0.66M | -2.70M | -0.50M | -0.25M | |||||||||||
| Beginning Cash Balance | 18.15M | 18.15M | 18.15M | 4.33M | 5.82M | 4.29M | 2.46M | 2.50M | 2.47M | 2.45M | 0.05M | 0.05M | 0.05M | 7.42M | 7.42M | |||||||||||
| Free Cash Flow | -3.37M | -4.03M | -1.42M | -1.44M | -2.68M | -2.79M | -3.23M | -0.64M | -4.85M | -2.98M | -0.70M | -0.32M | -4.15M | -2.11M | -3.89M | 1.89M | ||||||||||
| Net Cash Flow | -3.61M | -4.78M | -1.90M | -3.10M | 0.60M | -1.90M | 1.37M | -1.84M | -2.29M | -0.62M | -0.20M | 0.66M | -2.70M | -0.50M | -3.25M |