Velan Inc. (TSX:VLN)
Canada flag Canada · Delayed Price · Currency is CAD
18.60
0.00 (0.00%)
Aug 25, 2026, 3:59 PM EST

Velan Financials Overview

Millions USD. Fiscal year is Mar - Feb.

Revenue & Profits

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Revenue
282.01296.41295.2258.65370.43411.24
Revenue Growth
-8.00%0.41%14.13%-30.18%-9.92%36.14%
Gross Profit
71.8281.0984.9254.63112.47133.83
Operating Income
2.4511.2518.15-8.4223.8140.35
Net Income
-12.7373.91-75.5-19.74-55.45-21.14
Earnings Per Share
-0.593.42-3.50-0.91-2.57-0.98
EPS Growth
------

Revenue by Geography

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
United States
107.64106.84125.6125.94146.2599.39
Consolidation Adjustment
-103.75-105.54-116.12-117.7-134.45-105.81
Other
90.5491.38106.3990.2292.7989.61
Italy
94.4100.7477.0844.7954.3294.97
Canada
93.19102.98102.24115.4120.71130.49
Total
282.01296.41295.2258.65370.43411.24

Cash & Debt

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Cash & Investments
39.4357.0638.9252.1458.1169.62
Total Debt
39.635.6524.8841.4240.9144.02
Net Cash (Debt)
-0.1721.4214.0410.7217.225.6
Net Cash Growth
-52.49%31.04%-37.68%-32.82%-
Net Cash Per Share
-0.010.990.650.500.801.19

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Operating Cash Flow
-18.52-160.1426.5312.460.5217.87
Capital Expenditures
-4.25-5.54-7.77-5.88-4.37-6.14
Free Cash Flow
-22.77-165.6718.756.59-3.8511.72
Free Cash Flow Growth
--184.78%---

Margins

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingMay '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Gross Margin
25.47%27.36%28.77%21.12%30.36%32.54%
Operating Margin
0.87%3.79%6.15%-3.26%6.43%9.81%
Pretax Margin
-1.29%0.00%-27.78%-11.51%-12.80%8.80%
Profit Margin
-4.52%24.93%-25.58%-7.63%-14.97%-5.14%
FCF Margin
-8.08%-55.89%6.35%2.55%-1.04%2.85%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024
Period EndingAug '26 Feb '26 Feb '25 Feb '24
Dividend Per Share
0.1000.1690.0200.020
Dividend Per Share Growth
0%743.32%0%-
Dividend Yield
0.54%1.44%0.20%0.55%

Valuation

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
PE Ratio
-3.43----
P/FCF Ratio
--11.9612.46-14.04
PS Ratio
1.030.850.760.320.550.40