Home / VLN.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis News Similar

AI Analysis

How does VLN.TO make money? Does VLN.TO have pricing power? What's the Earnings Whisper? Will VLN.TO profit more as the business scales? What is VLN.TO's management track record? Is VLN.TO's current price justified?

Velan Inc.

CAD 18.13 -$0.83 (-4.38%)

TSX · 14 Sep 2026 20:10 UTC

Previous Close

CAD 18.13

Day Range

CAD 18.13 - CAD 18.13

Year Range

CAD 13.61CAD 19.5

Market Cap

391.35M

AVG Volume

3.17K

Trailing/Forward PE

-23.37/-

PEG ratio

-0.65

Dividend Yield

0.55%

Next Earnings Date

2026-10-08

Primary Exchange

Toronto Stock Exchange

Revenue (USD) · TTM

VLN.TO Revenue (USD) · TTM by quarter
Period	Revenue (USD) · TTM
27 Q1	282.62M
26 Q4	297.02M
26 Q3	294.7M
26 Q2	296.44M
26 Q1	327.48M
25 Q4	332.75M
25 Q3	367.44M
25 Q2	374.99M
25 Q1	356.66M
24 Q4	346.82M

Net Income (USD) · TTM

VLN.TO Net Income (USD) · TTM by quarter
Period	Net Income (USD) · TTM
27 Q1	-12.76M
26 Q4	73.88M
26 Q3	65.34M
26 Q2	249K
26 Q1	2.81M
25 Q4	-75.5M
25 Q3	-65.16M
25 Q2	-10.32M
25 Q1	-12.56M
24 Q4	-19.74M

Operating Income (USD) · TTM

VLN.TO Operating Income (USD) · TTM by quarter
Period	Operating Income (USD) · TTM
27 Q1	-2.23M
26 Q4	1.19M
26 Q3	-16.14M
26 Q2	-84.37M
26 Q1	-82.53M
25 Q4	-77.5M
25 Q3	-53.57M
25 Q2	3.62M
25 Q1	1.68M
24 Q4	-5.99M

EBITDA (USD) · TTM

VLN.TO EBITDA (USD) · TTM by quarter
Period	EBITDA (USD) · TTM
27 Q1	7.14M
26 Q4	11.27M
26 Q3	-5.94M
26 Q2	-74.34M
26 Q1	-72.44M
25 Q4	-67.31M
25 Q3	-36.29M
25 Q2	19.43M
25 Q1	17.27M
24 Q4	9.86M

Cash Flows (USD) · TTM

VLN.TO Cash Flows (USD) · TTM by quarter
Period	Cash Flows (USD) · TTM
27 Q1	-23.58M
26 Q4	-166.35M
26 Q3	-184.54M
26 Q2	-180.17M
26 Q1	-153.74M
25 Q4	11.46M
25 Q3	22.02M
25 Q2	20.59M
25 Q1	-10.91M
24 Q4	-4.94M

EPS (USD) · TTM

VLN.TO EPS (USD) · TTM by quarter
Period	EPS (USD) · TTM
27 Q1	-0.56
26 Q4	3.46
26 Q3	2.87
26 Q2	-0.15
26 Q1	-0.06
25 Q4	-3.7
25 Q3	-3.02
25 Q2	-0.48
25 Q1	-0.59
24 Q4	-0.91

Expenses (USD) · TTM

VLN.TO Expenses (USD) · TTM by quarter
Period	Expenses (USD) · TTM
27 Q1	69.79M
26 Q4	73.54M
26 Q3	74.4M
26 Q2	78.24M
26 Q1	88.44M
25 Q4	91.66M
25 Q3	99.5M
25 Q2	100.6M
25 Q1	98.61M
24 Q4	98.13M

Shares Outstanding (USD) · TTM

VLN.TO Shares Outstanding (USD) · TTM by quarter
Period	Shares Outstanding (USD) · TTM
27 Q1	0
26 Q4	0
26 Q3	0
26 Q2	0
26 Q1	0
25 Q4	0
25 Q3	15K
25 Q2	15K
25 Q1	15K
24 Q4	15K

Dividends (USD)

VLN.TO Dividends (USD) by quarter
Period	Dividends (USD)
Nov 25	0.1
Aug 25	0.1
Jun 25	0.33
Feb 25	0.03
Jun 23	0.03
Jun 22	0.03
Mar 20	0.03
Dec 19	0.03
Sep 19	0.03
Jun 19	0.03

PE Ratio

VLN.TO PE Ratio by quarter
Period	PE Ratio
Aug 26	3.89
Aug 26	3.92
Aug 26	4.02
Aug 26	3.87
Jul 26	3.79
Jul 26	3.61
Jul 26	3.56
Jul 26	3.49
Jul 26	3.35
Jun 26	3.31
Jun 26	3.49
Jun 26	3.24
Jun 26	3.3
May 26	3.3
May 26	3.68
May 26	3.83
May 26	3.75
May 26	3.71
Apr 26	3.69
Apr 26	3.86
Apr 26	3.82
Apr 26	3.73
Mar 26	3.75
Mar 26	3.85
Mar 26	3.85
Mar 26	3.84
Feb 26	1017.07
Feb 26	1017.59
Feb 26	983.2
Feb 26	951.25
Jan 26	958.86
Jan 26	970.28
Jan 26	920.27
Jan 26	1190.35
Jan 26	1197.34
Dec 25	1160.47
Dec 25	1148.02
Dec 25	1152.12
Dec 25	1148.39
Nov 25	99.42
Nov 25	97
Nov 25	98.09
Nov 25	90.25
Oct 25	89.98
Oct 25	85.92
Oct 25	85.55
Oct 25	86.66
Oct 25	87.04
Sep 25	86.42
Sep 25	88.91
Sep 25	86.68
Sep 25	86.41
Aug 25	84.21
May 22	31.87
May 22	30.63
May 22	28.49
May 22	29.69
Apr 22	30.51
Apr 22	32.82
Apr 22	33.37
Apr 22	35.51
Apr 22	37.42
Mar 22	36.51
Mar 22	35.74
Mar 22	35.05
Mar 22	33.95
Feb 22	16.53
Feb 22	15.19
Feb 22	15.59
Feb 22	15.85
Jan 22	15.02
Jan 22	15.84
Jan 22	15.26
Jan 22	14.54
Dec 21	14.28
Dec 21	14.33
Dec 21	14.21
Dec 21	14.62
Dec 21	14.83
Nov 21	50.05
Nov 21	53.51
Nov 21	54.66
Nov 21	54.41
Oct 21	53.22
Oct 21	50.17
Oct 21	49.84
Oct 21	51.34
Oct 21	47.95
Sep 21	48.47
Sep 21	48.94
Sep 21	49.61
Sep 21	48.39
Aug 21	47.76
Aug 21	47.56
Aug 21	49.64
Aug 21	52.9
Jul 21	55.55
Jul 21	53.9
Jul 21	55.24
Jul 21	59.84

Free Cash Flow Yield

VLN.TO Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	-8.36%
Sep 26	-8.28%
Aug 26	-57.91%
Aug 26	-57.49%
Aug 26	-55.95%
Aug 26	-58.15%
Jul 26	-59.33%
Jul 26	-62.41%
Jul 26	-63.18%
Jul 26	-64.57%
Jul 26	-67.17%
Jun 26	-67.95%
Jun 26	-64.48%
Jun 26	-69.5%
Jun 26	-68.2%
May 26	-68.33%
May 26	-76.69%
May 26	-73.67%
May 26	-75.32%
May 26	-76.16%
Apr 26	-76.56%
Apr 26	-73.14%
Apr 26	-73.99%
Apr 26	-75.79%
Mar 26	-75.4%
Mar 26	-73.3%
Mar 26	-73.31%
Mar 26	-73.6%
Feb 26	-71.14%
Feb 26	-71.11%
Feb 26	-73.59%
Feb 26	-76.07%
Jan 26	-75.46%
Jan 26	-74.57%
Jan 26	-78.63%
Jan 26	-60.79%
Jan 26	-60.43%
Dec 25	-62.35%
Dec 25	-63.03%
Dec 25	-62.8%
Dec 25	-63.01%
Nov 25	-55.03%
Nov 25	-56.41%
Nov 25	-55.78%
Nov 25	-60.63%
Oct 25	-60.81%
Oct 25	-63.68%
Oct 25	-63.96%
Oct 25	-63.13%
Oct 25	-62.86%
Sep 25	-63.31%
Sep 25	-61.53%
Sep 25	-63.12%
Sep 25	-63.32%
Aug 25	-64.97%
Aug 25	6.67%
Aug 25	6.83%
Aug 25	6.61%
Aug 25	6.61%
Jul 25	6.52%
Jul 25	6.59%
Jul 25	6.59%
Jul 25	6.88%
Jun 25	6.78%
Jun 25	7%
Jun 25	6.93%
Jun 25	6.9%
May 25	6.54%
May 25	8.75%
May 25	8.32%
May 25	8.43%
May 25	8.62%
Apr 25	8.37%
Apr 25	9.1%
Apr 25	9.27%
Apr 25	9.67%
Mar 25	8.96%
Mar 25	9.06%
Mar 25	10.28%
Mar 25	10.79%
Feb 25	9.83%
Feb 25	8.47%
Feb 25	8.96%
Feb 25	9.24%
Jan 25	8.43%
Jan 25	7.86%
Jan 25	7.96%
Jan 25	12.5%
Jan 25	12.57%
Dec 24	12.9%
Dec 24	13.12%
Dec 24	12.37%
Dec 24	12.95%
Nov 24	12.14%
Nov 24	-6.08%
Nov 24	-5.86%
Nov 24	-6.01%
Nov 24	-6.1%
Oct 24	-6.36%
Oct 24	-6.41%

Price to Sales

VLN.TO Price to Sales by quarter
Period	Price to Sales
Sep 26	1
Sep 26	1.01
Aug 26	0.97
Aug 26	0.97
Aug 26	1
Aug 26	0.96
Jul 26	0.94
Jul 26	0.9
Jul 26	0.89
Jul 26	0.87
Jul 26	0.83
Jun 26	0.82
Jun 26	0.87
Jun 26	0.81
Jun 26	0.82
May 26	0.82
May 26	0.82
May 26	0.85
May 26	0.83
May 26	0.82
Apr 26	0.82
Apr 26	0.86
Apr 26	0.85
Apr 26	0.83
Mar 26	0.83
Mar 26	0.85
Mar 26	0.85
Mar 26	0.85
Feb 26	0.85
Feb 26	0.85
Feb 26	0.83
Feb 26	0.8
Jan 26	0.81
Jan 26	0.82
Jan 26	0.77
Jan 26	1
Jan 26	1.01
Dec 25	0.97
Dec 25	0.96
Dec 25	0.97
Dec 25	0.96
Nov 25	0.85
Nov 25	0.83
Nov 25	0.84
Nov 25	0.77
Oct 25	0.77
Oct 25	0.74
Oct 25	0.73
Oct 25	0.74
Oct 25	0.75
Sep 25	0.74
Sep 25	0.76
Sep 25	0.74
Sep 25	0.74
Aug 25	0.72
Aug 25	0.52
Aug 25	0.5
Aug 25	0.52
Aug 25	0.52
Jul 25	0.53
Jul 25	0.52
Jul 25	0.52
Jul 25	0.5
Jun 25	0.51
Jun 25	0.49
Jun 25	0.5
Jun 25	0.5
May 25	0.53
May 25	0.69
May 25	0.72
May 25	0.71
May 25	0.69
Apr 25	0.72
Apr 25	0.66
Apr 25	0.65
Apr 25	0.62
Mar 25	0.67
Mar 25	0.66
Mar 25	0.58
Mar 25	0.56
Feb 25	0.61
Feb 25	0.65
Feb 25	0.61
Feb 25	0.59
Jan 25	0.65
Jan 25	0.7
Jan 25	0.69
Jan 25	0.44
Jan 25	0.44
Dec 24	0.43
Dec 24	0.42
Dec 24	0.44
Dec 24	0.42
Nov 24	0.45
Nov 24	0.5
Nov 24	0.52
Nov 24	0.51
Nov 24	0.5
Oct 24	0.48
Oct 24	0.48

EV/EBITDA

VLN.TO EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	39.63
Sep 26	40
Aug 26	23.89
Aug 26	24.07
Aug 26	24.78
Aug 26	23.78
Jul 26	23.28
Jul 26	22.05
Jul 26	21.76
Jul 26	21.26
Jul 26	20.37
Jun 26	20.12
Jun 26	21.29
Jun 26	19.64
Jun 26	20.04
May 26	20
Feb 25	11.94
Feb 25	11.26
Feb 25	10.91
Jan 25	12.01
Jan 25	12.92
Jan 25	12.75
Jan 25	7.92
Jan 25	7.87
Dec 24	7.65
Dec 24	7.52
Dec 24	8
Dec 24	7.62
Nov 24	8.17
Nov 24	8.98
Nov 24	9.37
Nov 24	9.11
Nov 24	8.94
Oct 24	8.53
Oct 24	8.45
Oct 24	7.41
Oct 24	6.29
Sep 24	6.51
Sep 24	4.81
Sep 24	4.51
Sep 24	4.46
Aug 24	4.29
Aug 24	10.14
Aug 24	9.92
Aug 24	9.4
Aug 24	9.52
Jul 24	10.02
Jul 24	9.38
Jul 24	9.86
Jul 24	9.36
Jun 24	9.56
Jun 24	9.41
Jun 24	9.3
Jun 24	9.12
May 24	8.84
May 23	6.89
May 23	6.91
May 23	6.9
May 23	6.96
Apr 23	6.86
Apr 23	6.85
Apr 23	6.91
Apr 23	6.82
Mar 23	6.89
Mar 23	6.79
Mar 23	6.79
Mar 23	6.74
Mar 23	6.83
Feb 23	4.78
Feb 23	4.83
Feb 23	4.87
Feb 23	2.51
Jan 23	1.81
Jan 23	1.87
Jan 23	1.89
Jan 23	1.85
Dec 22	1.81
Dec 22	1.73
Dec 22	1.81
Dec 22	1.98
Dec 22	1.75
Nov 22	1.26
Nov 22	1.26
Nov 22	1.37
Nov 22	1.3
Oct 22	1.22
Oct 22	1.21
Oct 22	1.39
Oct 22	1.54
Sep 22	1.49
Sep 22	1.6
Sep 22	1.79
Sep 22	1.85
Sep 22	1.9
Aug 22	2.03
Aug 22	2.05
Aug 22	2.17
Aug 22	2.08
Jul 22	2.09
Jul 22	2.18

Price/Operating Cashflow

VLN.TO Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Aug 25	7.92
Aug 25	7.74
Aug 25	8
Aug 25	8
Jul 25	8.11
Jul 25	8.01
Jul 25	8.02
Jul 25	7.68
Jun 25	7.79
Jun 25	7.55
Jun 25	7.63
Jun 25	7.65
May 25	8.08
May 25	7.26
May 25	7.63
May 25	7.53
May 25	7.36
Apr 25	7.59
Apr 25	6.97
Apr 25	6.85
Apr 25	6.56
Mar 25	7.09
Mar 25	7.01
Mar 25	6.17
Mar 25	5.88
Feb 25	6.46
Feb 25	8.15
Feb 25	7.71
Feb 25	7.48
Jan 25	8.2
Jan 25	8.79
Jan 25	8.68
Jan 25	5.53
Jan 25	5.49
Dec 24	5.35
Dec 24	5.27
Dec 24	5.58
Dec 24	5.33
Nov 24	5.69
Aug 24	23.3
Aug 24	22.8
Aug 24	21.61
Aug 24	21.89
Jul 24	23.04
Jul 24	21.57
Jul 24	22.67
Jul 24	21.52
Jun 24	21.98
Jun 24	21.63
Jun 24	21.38
Jun 24	20.97
May 24	20.33
May 24	29.02
May 24	29.59
May 24	29.56
May 24	29.88
Apr 24	28.36
Apr 24	28.19
Apr 24	30
Apr 24	31.1
Mar 24	29.69
Mar 24	26.02
Mar 24	25.99
Mar 24	26.05
Mar 24	26.16
Feb 24	17.82
Feb 24	17.96
Feb 24	17.99
Feb 24	18.22
Jan 24	18.25
Jan 24	18.07
Jan 24	18.17
Jan 24	18.2
Dec 23	18.81
Dec 23	17.83
Dec 23	17.65
Dec 23	17.8
Dec 23	18.43
Nov 23	3.97
Nov 23	3.83
Nov 23	3.92
Nov 23	4.07
Oct 23	3.87
Oct 23	4
Oct 23	4.04
Oct 23	3.86
Sep 23	7.74
Sep 23	7.11
Sep 23	7.51
Sep 23	7.2
Sep 23	7.23
Aug 23	316.73
Aug 23	308.22
Aug 23	309.49
Aug 23	310.61
Jul 23	394.78
Jul 23	397.18
Jul 23	397.45
Jul 23	396.21
Jun 23	398.18

Price to Book

VLN.TO Price to Book by quarter
Period	Price to Book
Sep 26	1.69
Sep 26	1.71
Aug 26	1.58
Aug 26	1.59
Aug 26	1.63
Aug 26	1.57
Jul 26	1.54
Jul 26	1.46
Jul 26	1.45
Jul 26	1.42
Jul 26	1.36
Jun 26	1.35
Jun 26	1.42
Jun 26	1.32
Jun 26	1.34
May 26	1.34
May 26	1.29
May 26	1.34
May 26	1.31
May 26	1.3
Apr 26	1.29
Apr 26	1.35
Apr 26	1.34
Apr 26	1.31
Mar 26	1.31
Mar 26	1.35
Mar 26	1.35
Mar 26	1.34
Feb 26	1.46
Feb 26	1.46
Feb 26	1.41
Feb 26	1.36
Jan 26	1.37
Jan 26	1.39
Jan 26	1.32
Jan 26	1.7
Jan 26	1.71
Dec 25	1.66
Dec 25	1.64
Dec 25	1.65
Dec 25	1.64
Nov 25	1.55
Nov 25	1.51
Nov 25	1.53
Nov 25	1.41
Oct 25	1.4
Oct 25	1.34
Oct 25	1.33
Oct 25	1.35
Oct 25	1.36
Sep 25	1.35
Sep 25	1.39
Sep 25	1.35
Sep 25	1.35
Aug 25	1.31
Aug 25	1.74
Aug 25	1.7
Aug 25	1.76
Aug 25	1.76
Jul 25	1.78
Jul 25	1.76
Jul 25	1.76
Jul 25	1.69
Jun 25	1.71
Jun 25	1.66
Jun 25	1.67
Jun 25	1.68
May 25	1.77
May 25	2.16
May 25	2.27
May 25	2.24
May 25	2.19
Apr 25	2.25
Apr 25	2.07
Apr 25	2.03
Apr 25	1.95
Mar 25	2.1
Mar 25	2.08
Mar 25	1.83
Mar 25	1.75
Feb 25	1.92
Feb 25	1.33
Feb 25	1.26
Feb 25	1.22
Jan 25	1.34
Jan 25	1.44
Jan 25	1.42
Jan 25	0.9
Jan 25	0.9
Dec 24	0.87
Dec 24	0.86
Dec 24	0.91
Dec 24	0.87
Nov 24	0.93
Nov 24	0.98
Nov 24	1.02
Nov 24	1
Nov 24	0.98
Oct 24	0.94
Oct 24	0.93

No video analysis for this stock yet. Request one from our team.

News: VLN.TO

globenewswire.com · 22 Jun 2026

Velan Inc. : Avis

MONTRÉAL, 22 juin 2026 (GLOBE NEWSWIRE) -- Velan Inc. (TSX: VLN) annonce aujourd'hui que le jeudi 9 juillet 2026, elle communiquera ses résultats financiers pour le premier trimestre terminé le 31 mai 2026. La société tiendra une conférence téléphonique le vendredi 10 juillet 2026, à 08H00 (HNE) pour discuter de ses résultats financiers.

AI Analysis

Velan Inc.

Video analysis: VLN.TO

News: VLN.TO

Velan Inc. : Avis

Similar companies