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-0.000694927032661687 -0.00277970813064636 0 0.00903405142460039 -0.0125086865879082 -0.0326615705350939 -0.0844336344683808 -0.109103544127867
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Vision Marine Technologies Reports $1.9 Million of Cash Provided by Operating Activities in First Quarter of Fiscal 2026 [Yahoo! Finance]

Vision Marine Technologies Inc. - Common Shares (VMAR) 
Company Research Source: Yahoo! Finance
propulsion company designing and manufacturing high-voltage powertrain systems, and operating a premium recreational boat retail network, today reported financial results for the three-month period ended November 30, 2025. The first quarter of fiscal 2026 represents a meaningful operational inflection point for Vision Marine, as the Company generated $1.9 million of cash provided by operating activities, marking its first positive operating cash flow quarter following a period in which operations had historically consumed cash. This quarter reflects the early stages of integrating Nautical Ventures Group Inc. ("NVG" or "Nautical Ventures") and the initial implementation of operating efficiencies and organizational alignment, which are only beginning. We are striving to continue optimization of operations throughout fiscal 2026, as management remains focused on achieving EBITDA-positive and cash-flow-positive operations as swiftly as practicable to create long-term shareholder value. Show less Read more
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