Velan Inc. (TSX:VLN)
Canada · Delayed Price · Currency is CAD | Market Cap | 334.58M +1.6% |
| Revenue (ttm) | 411.71M +0.5% |
| Net Income | 91.29M |
| EPS | 4.23 |
| Shares Out | 21.59M |
| PE Ratio | 77.08 |
| Forward PE | n/a |
| Dividend | 0.40 (2.58%) |
| Ex-Dividend Date | n/a |
| Volume | 511 |
| Average Volume | 2,766 |
| Open | 15.33 |
| Previous Close | 15.50 |
| Day's Range | 15.33 - 15.55 |
| 52-Week Range | 13.61 - 19.50 |
| Beta | 0.15 |
| RSI | 47.41 |
| Earnings Date | May 14, 2026 |
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 and swing check valves; quarter... [Read more]
Financial Performance
In fiscal year 2025, Velan's revenue was $295.20 million, an increase of 14.13% compared to the previous year's $258.65 million. Losses were -$75.50 million, 282.5% more than in 2024.
Financial numbers in USD Financial StatementsNews
Velan Earnings Call Transcript: Q3 2026
Q3 2026 saw stable gross margins and strong bookings growth, especially in nuclear and oil & gas, despite a slight sales decline. A major ownership change is underway, with Velan Holdings selling its controlling interest to Birch Hill Equity Partners for CAD 203.9 million.
Velan Inc. Reports Solid Performance in the Third Quarter of Fiscal 2026
MONTREAL, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its third quarter...
Velan Holding to sell its entire holdings in Velan Inc. to Birch Hill Equity Partners
MONTREAL, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”) today announced that its controlling shareholder, Velan Holding Co. Ltd. (“Velan Holding”), the sole holder...
Velan Earnings Call Transcript: Q2 2026
Velan Inc. Reports Second Quarter Results for Fiscal 2026
MONTREAL, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its second quarte...
Velan Earnings Call Transcript: Q1 2026
Sales rose 18.6% to $72.2M with margin and cash improvements, driven by strong global and MRO activity. Backlog grew to $286.1M, and a higher dividend was announced. Strategic moves, including a French asset sale and new credit facility, support future growth.
Velan Inc. Reports Solid First Quarter Results for Fiscal 2026
MONTREAL, July 10, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today financial results for its first quarter...
Velan Transcript: AGM 2025
The meeting covered strong financial growth, major risk-reducing transactions, and strategic expansion in key sectors. All board and auditor appointments were approved, and a special dividend was announced. Ongoing risks include tariffs and supply chain disruptions.
Velan Earnings Call Transcript: Q4 2025
Fiscal 2025 saw 14.1% sales growth, a sharp rise in adjusted EBITDA, and major risk-reducing transactions. Strong cash flow and a robust balance sheet support new investments and a special dividend, with optimism for continued growth in nuclear and niche markets.
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...
Velan Transcript: EGM 2025
Shareholders approved the sale of French subsidiaries Segault SAS and Velan SAS to Framatome for $201.1 million after a special resolution was passed by the required majority. The Board recommended the transaction as being in shareholders' best interest.
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 ...
Velan Earnings Call Transcript: Q3 2025
Strong Q3 results featured 18% sales growth and a major turnaround in profitability. Two strategic transactions—divesting asbestos liabilities and selling French subsidiaries—will strengthen the balance sheet and unlock value, with robust momentum in core markets.
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
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...
Velan Earnings Call Transcript: Q2 2025
Bookings and sales surged in Q2 FY2025, with net income turning positive and cash flow improving sharply. Major nuclear sector contracts and a record backlog support a strong outlook, while a unique contract cancellation had no profit impact.
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...
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...
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...
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...
Velan Earnings Call Transcript: Q1 2025
Q1 fiscal 2025 saw 14.5% sales growth, a 58% rise in gross profit, and a strong order backlog of $528M, with 70.5% deliverable in 12 months. Adjusted net loss improved to $1M, and a major 10-year nuclear supply deal was signed.
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
Velan Transcript: AGM 2024
The meeting covered director elections, auditor reappointment, and approval of unallocated options, with all resolutions passed. Fiscal 2024 saw lower sales and EBITDA, but a strong order backlog and strategic sector focus position the company for growth in 2025.
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...