Velan Inc. (TSX:VLN)
Canada flag Canada · Delayed Price · Currency is CAD
16.76
+0.56 (3.46%)
Jul 10, 2026, 3:52 PM EST

Velan Revenue

Velan had revenue of $57.83M USD in the quarter ending May 31, 2026, a decrease of -19.94%. This brings the company's revenue in the last twelve months to $282.01M, down -8.00% year-over-year. In the fiscal year ending February 28, 2026, Velan had annual revenue of $296.41M with 0.41% growth.

Revenue (ttm)
$282.01M
Revenue Growth
-8.00%
P/S Ratio
0.94
Revenue / Employee
$217.60K
Employees
1,296
Market Cap
364.58M CAD

Revenue Chart

* This company reports financials in USD.

Revenue History

Fiscal Year EndRevenueChangeGrowth
Feb 28, 2026296.41M1.21M0.41%
Feb 28, 2025295.20M36.54M14.13%
Feb 29, 2024258.65M-111.78M-30.18%
Feb 28, 2023370.43M-40.81M-9.92%
Feb 28, 2022411.24M109.18M36.14%
Feb 28, 2021 Pro Pro Pro
Feb 29, 2020 Pro Pro Pro
Feb 28, 2019 Pro Pro Pro
Feb 28, 2018 Pro Pro Pro
Feb 28, 2017 Pro Pro Pro

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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