Velan Inc. (TSX:VLN)

Canada flag Canada · Delayed Price · Currency is CAD
15.75
+0.31 (2.01%)
May 28, 2025, 3:56 PM EDT
175.35%
Market Cap 333.28M
Revenue (ttm) 426.01M
Net Income (ttm) -108.96M
Shares Out 21.59M
EPS (ttm) -5.05
PE Ratio n/a
Forward PE n/a
Dividend 0.11 (0.71%)
Ex-Dividend Date Jun 16, 2025
Volume 3,741
Average Volume 19,166
Open 15.51
Previous Close 15.44
Day's Range 15.30 - 15.75
52-Week Range 5.49 - 18.00
Beta 0.20
RSI 44.28
Earnings Date May 16, 2025

About Velan

Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves; gate, globe and check valves; api 600 cast steel gate, globe, and check valves; corrosion-resistant steel gate, globe, and check valves; API 602 small forged gate, globe, and check valves; API 6D/ API 6A through conduit and double expanding gate valves; large forged pressure seal and bolted bonnet gate, globe, and check valves; y-pattern valves; proquip dual-plate check valves; API 6D/ API 6A non slam & swing check valves; quarter-... [Read more]

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

Financial Performance

In 2024, Velan's revenue was $295.20 million, a decrease of -14.88% compared to the previous year's $346.82 million. Losses were -$75.50 million, 282.5% more than in 2023.

Financial numbers in USD Financial Statements

News

Velan Inc. Reports Fiscal 2025 Fourth Quarter and Year-End Results

Significant full year improvement in bookings 1 , sales, gross profit and cash flow generation Dividend of CA$0.33 per share including a special dividend of CA$0.30 per share, partially returning proc...

7 days ago - GlobeNewsWire

Information Provided Pursuant to Early Warning Requirements with Respect to Par Nijhawan and Velan Capital

MARKHAN, Ontario, Feb. 13, 2025 (GLOBE NEWSWIRE) -- February 13, 2025 - Dr. Pardeep Nijhawan (“Dr. Nijhawan”) and Velan Capital jointly announce updates to their beneficial ownership of securities of ...

3 months ago - GlobeNewsWire

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 months ago - GuruFocus

Q3 2025 Velan Inc Earnings Call Transcript

Q3 2025 Velan Inc Earnings Call Transcript

4 months 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

4 months 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...

4 months 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...

5 months 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

8 months ago - GuruFocus

Q2 2025 Velan Inc Earnings Call Transcript

Q2 2025 Velan Inc Earnings Call Transcript

8 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.

8 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...

8 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...

8 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...

8 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...

8 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.

8 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...

9 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 ...

9 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

11 months ago - GuruFocus

Q1 2025 Velan Inc Earnings Call Transcript

Q1 2025 Velan Inc Earnings Call Transcript

11 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

11 months ago - GlobeNewsWire

Q4 2024 Velan Inc Earnings Call Transcript

Q4 2024 Velan Inc Earnings Call Transcript

1 year ago - GuruFocus

Velan reports Q4 results

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

1 year 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...

1 year ago - GlobeNewsWire