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Velan Inc. SV (TSE:VLN)
TSX:VLN
Canadian Market

Velan Inc. SV (VLN) Income Statement

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Velan Inc. SV Income Statement

Last quarter (Q1 2026), Velan Inc. SV's total revenue was $72.23M, a decrease of -6.80% from the same quarter last year. In Q1, Velan Inc. SV's net income was $77.20M. See Velan Inc. SV’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 295.20M$ 346.82M$ 370.43M$ 411.24M$ 302.06M
Gross Profit
$ 84.92M$ 93.21M$ 112.47M$ 134.97M$ 80.54M
Operating Expenses
$ 167.18M$ 99.19M$ 88.65M$ 92.58M$ 82.23M
Depreciation and Amortization
$ 9.00M$ 11.16M$ 10.74M$ 11.65M$ 12.48M
EBITDA
$ -72.80M$ 5.64M$ -34.65M$ 50.61M$ 11.83M
Operating Income
$ -82.27M$ -5.99M$ 24.28M$ 38.58M$ -652.00K
Other Income/Expenses
$ 263.00K$ -6.35M$ -1.55M$ -2.40M$ -866.00K
Pretax Income
$ -82.00M$ -12.33M$ -47.41M$ 36.18M$ 1.38M
Net Income
$ -75.50M$ -19.74M$ -55.46M$ -10.26M$ 2.20M
Per Share Metrics
Basic EPS
$ -3.50$ -0.91$ -2.57$ -0.48$ 0.10
Diluted EPS
$ -3.50$ -0.91$ -2.57$ -0.48$ 0.10
Weighted Average Shares Outstanding
21.59M 21.59M 21.59M 21.59M 21.59M
Weighted Average Shares Outstanding (Diluted)
21.59M 21.59M 21.59M 21.59M 21.59M
Currency in USD

Velan Inc. SV Earnings and Revenue History