Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 295.20M | 346.82M | 370.43M | 411.24M | 302.06M |
Gross Profit | 84.92M | 93.21M | 112.47M | 134.97M | 80.54M |
EBITDA | -72.80M | 5.64M | -34.65M | 50.61M | 11.83M |
Net Income | -75.50M | -19.74M | -55.46M | -10.26M | 2.20M |
Balance Sheet | |||||
Total Assets | 501.97M | 479.39M | 477.86M | 508.43M | 580.83M |
Cash, Cash Equivalents and Short-Term Investments | 35.23M | 41.72M | 50.55M | 62.74M | 74.97M |
Total Debt | 24.88M | 41.42M | 40.91M | 44.02M | 84.05M |
Total Liabilities | 403.23M | 296.13M | 277.02M | 242.92M | 280.61M |
Stockholders Equity | 97.86M | 182.18M | 199.89M | 264.82M | 297.08M |
Cash Flow | |||||
Free Cash Flow | 15.85M | -4.94M | -6.07M | 9.25M | -20.00M |
Operating Cash Flow | 26.52M | 4.30M | 522.00K | 17.87M | -9.10M |
Investing Cash Flow | -10.28M | -14.13M | 1.76M | -26.00K | 2.90M |
Financing Cash Flow | -9.81M | -4.66M | -2.62M | -23.52M | 33.10M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | $11.14B | 15.76 | 5.26% | 2.01% | 3.16% | -25.01% | |
60 Neutral | C$49.49M | 404.55 | -10.19% | ― | 89.54% | ― | |
59 Neutral | C$20.38M | ― | -7.92% | ― | -12.65% | -838.74% | |
58 Neutral | $872.51M | ― | -37.81% | ― | -29.66% | -67.02% | |
49 Neutral | C$68.69M | ― | -1898.77% | ― | 408.78% | -20.74% | |
47 Neutral | C$324.00M | ― | -26.06% | 0.01% | -5.20% | -658.62% | |
39 Underperform | C$76.80M | ― | -5701.32% | ― | 14.45% | 76.75% |
Velan Inc. announced the successful election of its director nominees during the Annual Meeting of Shareholders held in Montréal, Québec. The election results showed overwhelming support for the nominees, with all directors receiving over 98% of the votes in favor. This outcome reflects strong shareholder confidence in the company’s leadership and strategic direction, which is crucial for maintaining its competitive position in the industrial valve manufacturing sector.
Velan Inc. reported a strong first quarter for fiscal 2026, with an 18.6% increase in sales and a significant improvement in gross profit margin. The company achieved a net income of $17.8 million and a consolidated net income of $77.2 million, bolstered by the sale of its French subsidiaries. With cash reserves at a five-year high and a growing backlog, Velan is reassessing its capital allocation strategy to support growth and maximize shareholder returns, reflected in a higher quarterly dividend.
Velan Inc. has announced that it will release its financial results for the first quarter ended May 31, 2025, on July 10, 2025. The company will host an analyst call the following day to discuss these results, providing stakeholders with insights into its financial performance and strategic direction.
Velan Inc. reported significant improvements in its fiscal 2025 financial results, with a 14.1% increase in sales from continuing operations and a notable rise in gross profit and adjusted EBITDA. The company has strengthened its balance sheet by divesting French assets and asbestos-related liabilities, enhancing its financial position to support long-term growth and strategic acquisitions. The announcement of a special dividend underscores its commitment to shareholder value, while its focus on clean energy markets positions it for continued success.