Velan Inc. (TSX:VLN)

Canada flag Canada · Delayed Price · Currency is CAD
15.75
-0.10 (-0.63%)
At close: Mar 6, 2026
7.88%
Market Cap 339.97M
Revenue (ttm) 411.71M
Net Income (ttm) 91.29M
Shares Out 21.59M
EPS (ttm) 4.23
PE Ratio 78.32
Forward PE n/a
Dividend 0.40 (2.54%)
Ex-Dividend Date Nov 13, 2025
Volume 1,600
Average Volume 3,474
Open 15.75
Previous Close 15.85
Day's Range 15.75 - 15.75
52-Week Range 13.21 - 19.50
Beta 0.14
RSI 48.18
Earnings Date May 21, 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]

Sector Industrials
Founded 1950
Employees 1,283
Stock Exchange Toronto Stock Exchange
Ticker Symbol VLN
Full Company Profile

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 Statements

News

Velan Inc. (VLN:CA) Q3 2026 Earnings Call Transcript

Velan Inc. (VLN:CA) Q3 2026 Earnings Call Transcript

7 weeks ago - Seeking Alpha

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

Velan Inc.: Announcement

MONTREAL, Dec. 19, 2025 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) announced today that, on Wednesday, January 14, 2026, it will release its financial results for the third quarter ended November 30, 2...

2 months ago - GlobeNewsWire

Velan Inc. (VLN:CA) Q2 2026 Earnings Call Transcript

Velan Inc. (TSX:VLN:CA) Q2 2026 Earnings Call October 10, 2025 8:00 AM EDT Company Participants Rishi Sharma - Chief Financial & Administrative Officer James Mannebach - CEO & Chairman Conference Cal...

5 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Velan Inc. Reports Its Fiscal 2024 Fourth Quarter and Year-End Results

MONTREAL, May 16, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (“Velan” or the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its fourth qua...

1 year ago - GlobeNewsWire

Velan Inc. Reports Its Fiscal 2024 Third Quarter Financial Results

MONTREAL, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended ...

2 years ago - GlobeNewsWire

Velan Inc. (VLNSF) Q2 2024 Earnings Call Transcript

Velan Inc. (OTCPK:VLNSF) Q2 2024 Earnings Conference Call October 6, 2023 11:00 AM ET Company Participants Bruno Carbonaro - Chief Executive Officer and President Rishi Sharma - Chief Financial Office...

2 years ago - Seeking Alpha

Velan Inc. (VLNSF) Q1 2024 Earnings Call Transcript

Velan Inc. (OTCPK:VLNSF) Q1 2024 Earnings Conference Call July 7, 2023 11:00 AM ET Company Participants Bruno Carbonaro - Chief Executive Officer and President Rishi Sharma - Chief Financial Officer O...

2 years ago - Seeking Alpha

Velan Inc. Reports Its First Quarter 2023/24 Financial Results

MONTREAL, July 06, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its first quarter ended ...

2 years ago - GlobeNewsWire

Velan Inc. (VLNSF) Q4 2023 Earnings Call Transcript

Velan Inc. (OTCPK:VLNSF) Q4 2023 Earnings Conference Call May 18, 2023 12:00 PM ET Company Participants Bruno Carbonaro - President & Chief Executive Officer Rishi Sharma - Chief Financial Officer Con...

3 years ago - Seeking Alpha