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Companies/Velan Inc.
Company profile

Velan Inc.

OTC: VLNSF · Industrials · Industrial - Machinery
Canadian filerHQ Montreal, QCReports USD
#393 of 959 Industrials companies by revenue43rd-percentile growth
EA Score
64C
FH 73DQ —GM 44SS 51
v0.1 · 45/100 weight · provisional
↑ return on equity, net margin · ↓ 3-yr revenue growth, Piotroski F
Methodology →
Revenue TTM
$282.4M
Rev growth YoY (TTM)
-13.8%
Net income (FY)
$172.5M
Employees
1,664
Market cap
$235.7M
OverviewFinancialsSegmentsFilingsESGPeople & Places

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
$366.9M
FY19
$371.6M
FY20
$302.1M
FY21
$411.2M
FY22
$370.4M
FY23
$346.8M
FY24
$295.2M
FY25
$301.3M
FY26

Revenue by segment

No segmentation disclosed for this filer. n/a

The read

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

Peers · Industrials
AIRO Group Holdings, Inc. Common Stock36DAgilyx ASA22DFranklin Covey Co.57CLightbridge Corporation57C
Key facts
CEOJames A. Mannebach
SectorIndustrials
IndustryIndustrial - Machinery
HeadquartersMontreal, QC
ExchangeOTC: VLNSF
Employees1,664
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.
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