Velan Inc. (TSX:VLN)

Canada flag Canada · Delayed Price · Currency is CAD
16.00
+0.49 (3.16%)
Feb 21, 2025, 3:59 PM EST
207.69%
Market Cap 345.37M
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 0.11 (0.73%)
Ex-Dividend Date n/a
Volume 8,668
Average Volume 32,012
Open 15.27
Previous Close 15.51
Day's Range 15.27 - 16.00
52-Week Range 5.05 - 18.00
Beta 0.85
RSI 57.32
Earnings Date May 16, 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

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 ...

9 days 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

5 weeks ago - GuruFocus

Q3 2025 Velan Inc Earnings Call Transcript

Q3 2025 Velan Inc Earnings Call Transcript

5 weeks 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 weeks 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 weeks 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...

7 weeks 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

4 months ago - GuruFocus

Q2 2025 Velan Inc Earnings Call Transcript

Q2 2025 Velan Inc Earnings Call Transcript

4 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.

4 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...

4 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...

4 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...

4 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...

5 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.

5 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...

6 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 ...

6 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

8 months ago - GuruFocus

Q1 2025 Velan Inc Earnings Call Transcript

Q1 2025 Velan Inc Earnings Call Transcript

8 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

8 months ago - GlobeNewsWire

Q4 2024 Velan Inc Earnings Call Transcript

Q4 2024 Velan Inc Earnings Call Transcript

10 months ago - GuruFocus

Velan reports Q4 results

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

10 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...

10 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...

10 months ago - GlobeNewsWire

Velan appoints James Mannebach as CEO

1 year ago - Seeking Alpha