Velan Inc. (TSX:VLN)
Canada flag Canada · Delayed Price · Currency is CAD
15.55
0.00 (0.00%)
Jun 1, 2026, 3:37 PM EST

Velan Income Statement

Millions USD. Fiscal year is Mar - Feb.
Fiscal Year
FY 2026FY 2025FY 2024FY 2023FY 2022
Period Ending
Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
296.41295.2258.65370.43411.24
Revenue Growth (YoY)
0.41%14.13%-30.18%-9.92%36.14%
Cost of Revenue
215.31210.28204.02257.96277.42
Gross Profit
81.0984.9254.63112.47133.83
Selling, General & Admin
6966.2160.5187.0894.02
Research & Development
--0.47-0.4--
Other Operating Expenses
0.84-1.670.31.57-0.54
Operating Expenses
69.8466.7763.0588.6593.48
Operating Income
11.2518.15-8.4223.8140.35
Interest Expense
--0.21-2.31-2.02-2.79
Interest & Investment Income
-0.470.350.470.39
Other Non Operating Income (Expenses)
-1.63----
EBT Excluding Unusual Items
9.6218.41-10.3822.2637.95
Merger & Restructuring Charges
-9.61-100.41-19.38--
Gain (Loss) on Sale of Assets
----16.11
Legal Settlements
----69.68-19.92
Other Unusual Items
----2.05
Pretax Income
0.01-82-29.77-47.4136.18
Income Tax Expense
-15.05-14.552.278.0546.43
Earnings From Continuing Operations
15.06-67.45-32.03-55.46-10.26
Earnings From Discontinued Operations
58.6-8.2512.23--
Net Income to Company
73.66-75.71-19.8-55.46-10.26
Minority Interest in Earnings
0.250.210.070.01-10.89
Net Income
73.91-75.5-19.74-55.45-21.14
Net Income to Common
73.91-75.5-19.74-55.45-21.14
Shares Outstanding (Basic)
2222222222
Shares Outstanding (Diluted)
2222222222
EPS (Basic)
3.42-3.50-0.91-2.57-0.98
EPS (Diluted)
3.42-3.50-0.91-2.57-0.98
Free Cash Flow
-165.6718.756.59-3.8511.72
Free Cash Flow Per Share
-7.670.870.30-0.180.54
Dividend Per Share
-0.0200.020--
Gross Margin
27.36%28.77%21.12%30.36%32.54%
Operating Margin
3.79%6.15%-3.26%6.43%9.81%
Profit Margin
24.93%-25.58%-7.63%-14.97%-5.14%
Free Cash Flow Margin
-55.89%6.35%2.55%-1.04%2.85%
EBITDA
20.2325.03-1.8932.5249.85
EBITDA Margin
6.83%8.48%-0.73%8.78%12.12%
D&A For EBITDA
8.996.886.538.79.51
EBIT
11.2518.15-8.4223.8140.35
EBIT Margin
3.79%6.15%-3.26%6.43%9.81%
Effective Tax Rate
----128.35%