Vision Marine Technologies Inc. balance sheet

At the end of fiscal 2023, Vision Marine Technologies Inc. had total assets of $17.8m, total liabilities of $9.2m and shareholders' equity of $8.5m. It held $2.5m in cash against $225,518 of debt: net cash of $2.3m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vision Marine Technologies Inc.: balance sheet, annual
Fiscal year	2018Aug 2018	2019Aug 2019	2020Aug 2020	2021Aug 2021	2022Aug 2022	2023Aug 2023
Cash and equivalents	0	0	1	14	4	2
Receivables	—	0	0	0	0	0
Inventory	—	1	0	2	2	2
Total current assets	—	1	2	17	9	6
Goodwill	—	—	—	7	7	7
Total assets	—	1	3	31	22	18
Total current liabilities	—	1	1	2	2	4
Short-term debt	—	0	0	0	0	0
Long-term debt	—	0	0	0	0	0
Total debt	0	0	0	0	0	0
Total liabilities	—	2	2	4	4	9
Shareholders' equity	−0	−0	1	27	18	9
Net debt (negative = net cash)	−0	0	−1	−14	−4	−2

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Vision Marine Technologies Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vision Marine Technologies Inc.