Loading quotes...

Forecast

There is no analyst data available for this company.

News Go to news feed

Velan increases margin despite revenue decline and focuses on nuclear business

In Q3 FY2026 Velan reported a 2.4% decline in revenue to USD 71.7m, but improved its gross margin to 37.9% (+70 basis points) and generated an adjusted EBITDA of USD 9.5m. The order backlog rose to USD 296.8m, including a CAD 20m order from Ontario Power Generation, strengthening its position in the nuclear sector. The company reports USD 36.3m in cash and roughly USD 86m in available funds, but recorded a temporary cash outflow from operating activities. It also announced the planned sale of the Velan family's majority stake to private equity firm Birch Hill (72.1% of voting rights, offer CAD 13.10 per share), expected to close in H1 2026. » More on de.investing.com
Velan focuses on nuclear energy after Q3: order, profit and planned sale of Burchill

Velan reports Q3 2026 revenue of CAD 71.7 million (-2.4% y/y) and net earnings of CAD 3.14 per share after a net loss in the prior year. The company secured a CAD 20 million order from Ontario Power Generation and is participating in North America’s first small modular reactor project; backlog rose 8% year-to-date. Velan plans to sell a majority stake in Burchill Equity Partners for CAD 203.9 million, holds about CAD 36.3 million in cash (approximately CAD 86 million in available funds) and is targeting roughly CAD 77 million in revenue for 2026. » More on de.investing.com
Velan Q2 2025: Revenue falls, nuclear division provides optimism

Velan reports a 13% revenue decline in Q2 2025 to USD 67.6 million and a net loss of USD 1.7 million (USD 0.08 per share). The company received a USD 15 million order for reactor cooling valves, and backlog increased to USD 285.8 million. The revenue drop was attributed to delayed shipments and customs-related procurement issues; at the same time, Velan sees growth opportunities in nuclear power and oil & gas. Velan maintains the dividend at USD 0.10 and has approximately USD 96 million in cash and financing to pursue strategic opportunities. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2025, VELAN INC.SV has already paid €0.35 in dividends. The last payout was in November 2025.

Financials

In the last quarter, VELAN INC.SV had revenue of €50.09m and net profit of -€13.11m

(EUR)	August 2026	YoY
Revenue	50.09m	13.38%
Gross profit	10.97m	18.15%
Net profit	-13.11m	527.88%
EBITDA	-1.8m	163.10%

Fundamentals

Metric	Value
Market capitalization	€236.74m
Number of shares	21.59m
52-week high/low	€12.52 - €9.28
Dividend yield	0.55%
Dividends TTM	€0.0615
Beta	0.16
P/E ratio	-10.52
PEG ratio	0.19
P/B ratio	1.76
P/S ratio	0.98

Company profile

Velan Inc. designs, manufactures, and markets industrial valves worldwide. It offers cryogenic valves comprising cast steel cryogenic, small forged cryogenic, cryogenic triple-offset, memoryseal ball, and cryogenic control valves; gate, globe, and check valves, including pressure seal, cast steel, small forged, dual-plate check, bolted bonnet high pressure, cast stainless steel corrosion resistant, bonnetless, and knife gate valves, as well as maintenance valves for nuclear service; and quarter-turn valves, such as ball, metal-seated ball, high performance three-piece ball, general purpose ball, triple-offset, high performance cryogenic butterfly, coker ball, and cap-tight batch digester capping valves. The company also provides cast and small forged hydrofluoric acid valves; and bellows seal bolted bonnet high pressure, seal cast steel, and seal API small forged valves. In addition, it offers bimetallic and thermodynamic steam traps. The company serves nuclear power, power, oil and gas, refining, chemical, pulp and paper, marine, mining, LNG and cryogenics, and water and wastewater sectors. It primarily sells its products through independent third-party distributors and sales agents. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. Velan Inc. was founded in 1950 and is headquartered in Montréal, Canada.