Vision Marine Technologies designs, develops and manufactures electric outboard powertrain systems and electric boats. Co.'s electric powerboats models are Bruce 22, Volt 180, Fantail 217 and Quietude 156. Each model is available in different standard variations or may be customized according to a purchaser's specifications. For each of its boats, Co.'s consumers can customize certain aspects including color, radio and other storage options. Co.'s segments are sale of electric boats, which is the manufacture of customized electric boats for consumer market and sale of boat parts maintenance; and rental of electric boat, which is the short-term rental operation and boat club membership. We show 1 historical shares outstanding datapoints in our VMAR shares outstanding history coverage, used to compute VMAR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing VMAR market cap history over the course of time is important for investors
interested in comparing VMAR's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of VMAR versus a peer is one thing; comparing
VMAR market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like VMAR can fluctuate over the course of history.
With this page we aim to empower investors researching VMAR by allowing them to research the VMAR market cap history. |
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Video: The Importance of Market Cap
