
Vision Marine Reports FY2025 Results
Although it posted a net loss, the acquisition of Nautical Ventures marked a turning point for the company.

Although it posted a net loss, the acquisition of Nautical Ventures marked a turning point for the company.

Revenue was $552.2 million, with same-store sales increasing 2.3%.

Profits fell, and overall outboard sales remained about the same as last year, though there was an uptick in the U.S.

Total marine group revenue of $150 million was an 11% increase from the prior-year quarter.

The company reported net sales of $194.7 million, a 13.5% increase year-over-year.

Net sales in the third quarter increased 7% year-over-year to $53.1 million.

Although it posted a net loss, the acquisition of Nautical Ventures marked a turning point for the company.

Revenue was $552.2 million, with same-store sales increasing 2.3%.

Profits fell, and overall outboard sales remained about the same as last year, though there was an uptick in the U.S.

Total marine group revenue of $150 million was an 11% increase from the prior-year quarter.

The company reported net sales of $194.7 million, a 13.5% increase year-over-year.

Net sales in the third quarter increased 7% year-over-year to $53.1 million.