Vision Marine Technologies Inc. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was CAD 0.637616 million compared to CAD 0.470093 million a year ago. Net loss was CAD 3.03 million compared to CAD 3.1 million a year ago. Basic loss per share from continuing operations was CAD 0.25 compared to CAD 0.32 a year ago. Diluted loss per share from continuing operations was CAD 0.25 compared to CAD 0.32 a year ago.
For the nine months, sales was CAD 0.891447 million compared to CAD 0.99619 million a year ago. Net loss was CAD 10.41 million compared to CAD 16.58 million a year ago. Basic loss per share from continuing operations was CAD 0.87 compared to CAD 1.87 a year ago. Diluted loss per share from continuing operations was CAD 0.87 compared to CAD 1.87 a year ago.