Velan Inc. (TSX:VLN)
Canada flag Canada · Delayed Price · Currency is CAD
18.20
+0.05 (0.28%)
Jul 31, 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
71.8281.0984.9254.63112.47134.97
Operating Income
-2.31.63-82.27-27.8-45.8638.58
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 EndingFeb '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Cash & Investments
53.7353.7335.2341.7250.5562.74
Total Debt
35.6535.6524.8841.4240.9144.02
Net Cash (Debt)
18.0818.0810.360.39.6418.72
Net Cash Growth
74.58%74.58%3398.31%-96.93%-48.52%-
Net Cash Per Share
0.840.840.480.010.450.87

Cash Flow & CapEx

Fiscal YearTTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingFeb '26 Feb '26 Feb '25 Feb '24 Feb '23 Feb '22
Operating Cash Flow
-160.14-160.1426.5312.460.5217.87
Capital Expenditures
-5.54-5.54-7.77-5.88-4.37-6.14
Free Cash Flow
-165.67-165.6718.756.59-3.8511.72
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%32.82%
Operating Margin
-0.82%0.55%-27.87%-10.75%-12.38%9.38%
Pretax Margin
1.49%0.00%-27.78%-11.51%-12.80%8.80%
Profit Margin
-0.96%5.08%-22.85%-12.38%-14.97%-2.49%
FCF Margin
0.00%-55.89%6.35%2.55%-1.04%2.85%

Dividends

Fiscal YearCurrentFY 2026FY 2025FY 2024FY 2023
Period EndingAug '26 Feb '26 Feb '25 Feb '24 Feb '23
Dividend Per Share
0.2000.1690.0200.020-
Dividend Per Share Growth
0%743.32%0%--
Dividend Yield
1.10%3.28%0.21%0.60%0.25%

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
--11.9312.46-14.04
PS Ratio
1.010.850.760.320.540.40