Vision Marine net loss widens to $5.71 million in Q3 FY26; revenue rises to $18.37 million

• Vision Marine earnings showed a nine-month net loss of USD 11.89 million, widening from USD 8.84 million a year earlier.
• Revenue rose to USD 48.6 million from USD 387,927 in the prior-year period, while gross profit turned positive at USD 11.78 million.
• Net cash from operating activities swung to an inflow of USD 2.39 million from an outflow of USD 10.64 million.
• Cash and cash equivalents fell to USD 814,205 from USD 7.42 million at fiscal 2025 year-end, while total assets declined to USD 45.24 million.
• Management flagged going-concern uncertainty, citing recurring losses and the need for additional financing after raising USD 11.68 million from share and warrant issuance.

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