Companies/Velan Inc.
Company profile

Velan Inc.

OTC: VLNSF · Industrials · Industrial - Machinery
Canadian filerHQ Montreal, QCReports USD
#395 of 978 Industrials companies by revenue43rd-percentile growth
EA Score
64C
Revenue TTM
$282.4M
Rev growth YoY (TTM)
-13.8%
Net income (FY)
$172.5M
Employees
1,296
as of 2026-08-13
Market cap
$287.1M
as of 2026-08-13

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$301.3M$301.3M2026
Net income$172.5M$172.5M2026
Operating income$10.8M$10.8M2026
Total assets$346.3M$346.3M2026
Liabilities$164.3M$164.3M2026
Equity$181.3M$181.3M2026

Revenue trend

FY2019 – FY2026 · USD
FY19
FY20
FY21
FY22
FY23
FY24
FY25
FY26

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

What is Velan Inc.’s revenue?

Velan Inc. booked $301.3M in FY2026 revenue, growing 2.1% year over yearabout the middle of the pack among Industrials companies we track, at a 57.3% net margin.

Key facts
CEORishi Sharma
SectorIndustrials
IndustryIndustrial - Machinery
HeadquartersMontreal, QC
ExchangeOTC: VLNSF
Employees1,296
IPO date2013-06-04
Latest filings

No filings loaded — no CIK (non-SEC filer).

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.