Covalon Technologies Ltd. (TSXV:COV)

Canada flag Canada · Delayed Price · Currency is CAD
1.890
-0.010 (-0.53%)
Apr 28, 2026, 2:15 PM EST
-18.18%
Market Cap 52.47M
Revenue (ttm) 31.54M
Net Income (ttm) 977.42K
Shares Out 27.62M
EPS (ttm) 0.03
PE Ratio 55.28
Forward PE 21.71
Dividend 0.15 (7.69%)
Ex-Dividend Date Nov 4, 2025
Volume 3,251
Average Volume 8,417
Open 1.930
Previous Close 1.900
Day's Range 1.890 - 1.940
52-Week Range 1.550 - 3.100
Beta -0.01
RSI 50.58
Earnings Date Feb 25, 2026

About Covalon Technologies

Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, the Middle East, Canada, Latin America, Asia, and internationally. The company’s platform technologies comprises collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secon... [Read more]

Sector Healthcare
Founded 2004
Employees 37
Stock Exchange TSX Venture Exchange
Ticker Symbol COV
Full Company Profile

Financial Performance

In fiscal year 2025, Covalon Technologies's revenue was 32.82 million, an increase of 5.29% compared to the previous year's 31.17 million. Earnings were 2.06 million, a decrease of -22.91%.

Financial Statements

News

Covalon Technologies Reports Significant Milestones Spanning Vascular Access, Infection Prevention, and Wound Care

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (TSX: COV; OTCQX: CVALF), an advanced medical technologies company, today announced a series of important milestones reflecting the Com...

13 days ago - Business Wire

Covalon to Showcase Clinical Innovation and Infection Prevention Leadership at Infusion Nurses Society 2026 Annual Meeting

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced its upcoming presence at the Infusion Nurses Socie...

18 days ago - Business Wire

Covalon Announces Grant of Deferred Share Units

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, has announced that the Company has gr...

4 weeks ago - Business Wire

Covalon Announces Voting Results from Fiscal 2025 Annual General and Special Meeting of Shareholders

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced the results of the ma...

4 weeks ago - Business Wire

Covalon To Hold Annual Meeting of Shareholders on Wednesday, March 25, 2026

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, has announced that the annual meeting...

5 weeks ago - Business Wire

Covalon Technologies Earnings Call Transcript: Q1 2026

Q1 revenue declined year-over-year, but gross margins remained strong and Q2 is already outperforming Q1. Major new hospital wins, strong customer retention, and investments in automation and IT are driving optimism for robust growth in fiscal 2026.

2 months ago - Transcripts

Covalon Reports on 2026 First Quarter Results and Recent Achievements and Highlights

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced its fiscal 2026 first...

2 months ago - Business Wire

Covalon Honoured to Partner with the Association for Vascular Access and Global Expert Dr. Nancy Moureau to Tackle Critical IV Therapy Complications

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company focused on improving patient safety an...

2 months ago - Business Wire

Covalon Announces Conference Call to Discuss First Quarter Fiscal 2026 Results

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, will release its Q1 Fiscal 2026 resul...

2 months ago - Business Wire

Covalon Technologies Earnings Call Transcript: Q4 2025

Achieved record Q4 revenue and 5% annual growth, driven by strong U.S. and international sales, despite a decline in advanced wound care due to inventory and partner issues. Maintained high gross margins, paid a special dividend, and ended the year with strong cash and no debt.

4 months ago - Transcripts

Covalon Reports Highest Revenue Quarter of Fiscal Year 2025, Delivers Third Consecutive Year of Revenue Growth

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced its fiscal 2025 fourt...

4 months ago - Business Wire

Covalon Announces Conference Call to Discuss Fourth Quarter and Year End Fiscal 2025 Financial Results

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, will release its Q4 and year end Fisc...

5 months ago - Business Wire

Covalon Technologies Ltd. Announces Payment of First Ever Dividend, Marking a Milestone in Financial Strength

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the “Company” or “Covalon”) (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced the payment on Novemb...

5 months ago - Business Wire

Covalon Technologies Transcript: Planet MicroCap Showcase: TORONTO 2025

The company is focused on wound care and vascular access, leveraging unique products and clinical evidence to drive growth, especially in the U.S. Recent financial strength enabled a special dividend, while ongoing investments and strategic flexibility position it for future expansion.

6 months ago - Transcripts

Covalon Declares First Ever Special Cash Dividend

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the “Company” or “Covalon”) (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced that its Board of Dir...

6 months ago - Business Wire

Covalon to Participate in the Planet MicroCap Showcase: TORONTO on October 22, 2025

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company improving lives through innovative wou...

6 months ago - Business Wire

Empowering Nurses with Innovation: Covalon Showcases Patient Safety Solutions to Tackle Preventable Complications at ANCC National Magnet & Pathway Conference

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company focused on improving patient safety an...

7 months ago - Business Wire

Covalon Presents Evidence-Backed Innovations Making a Difference for Critically Ill Children at APHON

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, announced its participation in the As...

7 months ago - Business Wire

Covalon Announces Departure of Executive Chair and the Appointment of its Largest Shareholder as New Chair

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced that Mr. Abe Schwartz...

7 months ago - Business Wire

Evidence-Driven Outcomes and Clinical Innovation Highlight Covalon's Presence at the Association for Vascular Access 2025 Annual Meeting

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, announced its participation at the As...

7 months ago - Business Wire

Covalon Announces Publication of Impactful VALGuard® Line Guard Clinical Study Demonstrating Significant Reduction in Central Line-Associated Blood Stream Infections (CLABSIs)

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced the publication of re...

8 months ago - Business Wire

Covalon Technologies Earnings Call Transcript: Q3 2025

Q3 saw over 10% sequential revenue growth, strong U.S. and international expansion, and robust cash generation. Adjusted gross margin improved after one-time charges, and management expects continued growth and margin stabilization into Q4 and next year.

8 months ago - Transcripts

Covalon Reports Strong Sequential Quarter on Quarter and Trailing Twelve Months Performance

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, today announced its fiscal 2025 third...

8 months ago - Business Wire

Covalon Technologies Ltd. Achieves DTC Eligibility in the United States

MISSISSAUGA, Ontario--(BUSINESS WIRE)--Covalon Technologies Ltd. (the "Company" or "Covalon") (TSXV: COV; OTCQX: CVALF), an advanced medical technologies company, is pleased to announce that its commo...

8 months ago - Business Wire

CORRECTING and REPLACING Covalon Announces Conference Call to Discuss Third Quarter Fiscal 2025 Financial Results

MISSISSAUGA, Ontario--(BUSINESS WIRE)--The date in the first paragraph should read: Thursday, August 21, 2025 (instead of Wednesday, August 21, 2025). The updated release reads: COVALON ANNOUNCES CONF...

9 months ago - Business Wire