Velan Inc. (TSX: VLN)

Canada flag Canada · Delayed Price · Currency is CAD
17.41
+0.06 (0.32%)
Jan 20, 2025, 2:43 PM EST
232.79%
Market Cap 374.51M
Revenue (ttm) 534.29M
Net Income (ttm) -91.30M
Shares Out 21.59M
EPS (ttm) -4.23
PE Ratio n/a
Forward PE n/a
Dividend 0.12 (0.66%)
Ex-Dividend Date Feb 14, 2025
Volume 43,527
Average Volume 52,510
Open 17.35
Previous Close 17.35
Day's Range 17.26 - 18.00
52-Week Range 5.05 - 18.00
Beta 0.75
RSI 91.26
Earnings Date Jan 10, 2025

About Velan

Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves, such as ball, high performance three-piece ball, general purpose ball, metal-seated ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves; and gate, globe, and check valves, including pressure seal, bolted bonnet high pressure, cast steel, cast stainless steel corrosion resistant, small forged, bonnetless, and dual-plate check valves, as well as maintenance valves for nuc... [Read more]

Sector Industrials
Founded 1950
Employees 1,641
Stock Exchange Toronto Stock Exchange
Ticker Symbol VLN
Full Company Profile

Financial Performance

In 2023, Velan's revenue was $346.82 million, a decrease of -6.37% compared to the previous year's $370.43 million. Losses were -$19.74 million, -64.41% less than in 2022.

Financial numbers in USD Financial Statements

News

Velan Inc (VLNSF) Q3 2025 Earnings Call Highlights: Strong Sales Growth and Profitability Turnaround

Velan Inc (VLNSF) Q3 2025 Earnings Call Highlights: Strong Sales Growth and Profitability Turnaround

4 days ago - GuruFocus

Q3 2025 Velan Inc Earnings Call Transcript

Q3 2025 Velan Inc Earnings Call Transcript

4 days ago - GuruFocus

Velan Inc. Reports Strong Fiscal 2025 Third Quarter Results

Significant profitability improvement driven by solid execution on robust order backlog¹ Significant profitability improvement driven by solid execution on robust order backlog¹

5 days ago - GlobeNewsWire

Velan Announces Major Strategic Initiatives

MONTREAL, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today major strategic initiatives that will s...

5 days ago - GlobeNewsWire

Velan Inc.: Announcement

MONTREAL, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Tuesday, January 14, 2025, it will release its financial results for the third quarter ended November 30, 202...

18 days ago - GlobeNewsWire

Velan Inc (VLNSF) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...

Velan Inc (VLNSF) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic Positioning in Nuclear Sector

3 months ago - GuruFocus

Q2 2025 Velan Inc Earnings Call Transcript

Q2 2025 Velan Inc Earnings Call Transcript

3 months ago - GuruFocus

Velan Non-GAAP EPS of $0.01, revenue of $98.65M

Velan Inc. (VLNSF) reports Q2 2025 results with Non-GAAP EPS of $0.01 and revenue of $98.65M, reflecting a 22.8% increase year-over-year.

3 months ago - Seeking Alpha

Velan Inc. Reports Second Quarter Results for Fiscal 2025

Solid execution on strong order backlog¹ and sustained momentum in bookings¹ driven by robust demand from clean energy markets Solid execution on strong order backlog¹ and sustained momentum in bookin...

3 months ago - GlobeNewsWire

Velan Inc. Secures Main Services Agreement for North America's First Small Modular Reactor Project

MONTREAL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, has been selected as a supplier by GE Hitachi Nuclear E...

3 months ago - GlobeNewsWire

Velan Inc. Announces Strike at Williston, Vermont Location

MONTREAL, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves announced today that union members at its Williston, Ver...

3 months ago - GlobeNewsWire

Velan Inc.: Announcement

MONTREAL, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Thursday, October 10, 2024, it will release its financial results for the second quarter ended August 31, 20...

4 months ago - GlobeNewsWire

Stephen Takacsy's Past Picks: SAVARIA, MDF COMMERCE, and VELAN

Stephen Takacsy, president, CEO and chief investment officer at Lester Asset Management, discusses his past picks: SAVARIA, MDF COMMERCE, and VELAN.

4 months ago - BNN Bloomberg

Velan Inc. Signs Main Services Agreement With GEH SMR Technologies Canada Ltd.

MONTREAL, Sept. 02, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today that it has entered into a Main Servic...

4 months ago - GlobeNewsWire

AtkinsRéalis Welcomes Velan as New Canadians for CANDU Ambassador

MONTREAL , Aug. 22, 2024 /CNW/ - AtkinsRéalis, a world-class engineering services and nuclear company with offices around the world, welcomes Velan as a new ambassador in support of the Canadians for ...

5 months ago - Benzinga

Velan Inc (VLNSF) Q1 2025 Earnings Call Transcript Highlights: Strong Sales Growth and Improved ...

Velan Inc (VLNSF) Q1 2025 Earnings Call Transcript Highlights: Strong Sales Growth and Improved Bookings

6 months ago - GuruFocus

Q1 2025 Velan Inc Earnings Call Transcript

Q1 2025 Velan Inc Earnings Call Transcript

6 months ago - GuruFocus

Velan Inc. Reports First Quarter Results for Fiscal 2025

Strong sales, margin and profitability gains year-over-year combined with growing order backlog¹ Strong sales, margin and profitability gains year-over-year combined with growing order backlog¹

6 months ago - GlobeNewsWire

Q4 2024 Velan Inc Earnings Call Transcript

Q4 2024 Velan Inc Earnings Call Transcript

8 months ago - GuruFocus

Velan reports Q4 results

Velan Inc reports Q4 sales of $117.9 million, a YoY increase.

8 months ago - Seeking Alpha

CORRECTION – Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results

MONTREAL, May 17, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, May 16, 2024 by Velan Inc. (TSX: VLN), please note that the conference call access information has b...

8 months ago - GlobeNewsWire

Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results

MONTREAL, May 16, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fourth qua...

8 months ago - GlobeNewsWire

Velan appoints James Mannebach as CEO

1 year ago - Seeking Alpha

Velan GAAP EPS of -$0.34, revenue of $80.9M

Velan Inc. reports a Q3 GAAP EPS of -$0.34 and a revenue of $80.9M, showing a decline of 15% YoY.

1 year ago - Seeking Alpha