Business
Vision Marine Technologies Demonstrates Premium Electric Watersports Strength at Miami International Boat Show, Expanding Retail Ecosystem Integration Across Nautical Ventures
Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a vertically integrated marine company combining proprietary propulsion technology with multi-brand retail and service operations, today demonstrated continued premium electric watersports performance across its Nautical Ventures dealer network following the Discover Boating® Miami International Boat Show, held February 11–15, 2026.
About this update from Vision Marine Technologies Inc.
[{"type":"text","content":"MONTREAL, March 4, 2026 /PRNewswire/ -- Vision Marine Technologies Inc. (NASDAQ: VMAR) ("Vision Marine" or the "Company"), a vertically integrated marine company combining proprietary propulsion technology with multi-brand retail and service operations, today demonstrated continued premium electric watersports performance across its Nautical Ventures dealer network following the Discover Boating® Miami International Boat Show, held February 11–15, 2026.","length":477,"tagName":"p"},{"type":"image","alt":"logo (PRNewsfoto/Vision Marine Technologies)","displaySize":"","headline":null,"caption":"logo (PRNewsfoto/Vision Marine Technologies)","className":"","disableSlideshowImg":false,"size":{"original":{"width":306,"height":104,"url":"https://media.zenfs.com/en/prnewswire.com/890938f5ebfb00ab64031f8585da8d0b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/3Z1w9X8oNpOAF0MigwypVQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0MztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/890938f5ebfb00ab64031f8585da8d0b","width":306,"height":104}},"href":"https://mma.prnewswire.com/media/2821385/Vision_Marine_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"At the Miami International Boat Show, Nautical Ventures' Watersports Division generated gross revenue within approximately 5% of the prior year despite lower unit volume. Management attributes this performance to higher average transaction values and a continued shift toward premium electric and performance-oriented products within the division's portfolio.","length":367,"tagName":"p"},{"type":"text","content":""Miami confirmed what we are increasingly seeing across our retail locations," said Jesse Cors, Head of Watersports at Nautical Ventures. "Customers are gravitating toward higher-value electric products. While unit volume was lower, overall revenue remained in line with prior year levels through a stronger premium mix, reflecting more deliberate purchasing behavior and continued interest in electric marine mobility."","length":440,"tagName":"p"},{"type":"text","content":"The Miami results follow the continued rollout of Nautical Ventures curated Electric Division portfolio, introduced in September 2025 to strategically expand electric watersports and mobility offerings across the Company's Florida retail netw...