Velan Past Earnings Performance
Past criteria checks 0/6
Velan's earnings have been declining at an average annual rate of -33.8%, while the Machinery industry saw earnings growing at 38.4% annually. Revenues have been growing at an average rate of 0.8% per year.
Key information
-33.8%
Earnings growth rate
-33.8%
EPS growth rate
| Machinery Industry Growth | 16.3% |
| Revenue growth rate | 0.8% |
| Return on equity | -5.7% |
| Net Margin | -2.8% |
| Last Earnings Update | 31 Aug 2024 |
Recent past performance updates
Recent updates
The Return Trends At Velan (TSE:VLN) Look Promising
Dec 07
Velan (TSE:VLN) Is Looking To Continue Growing Its Returns On Capital
Apr 29Here's Why Velan Inc.'s (TSE:VLN) CEO Compensation Is The Least Of Shareholders Concerns
Jul 07Velan's (TSE:VLN) Shareholders May Want To Dig Deeper Than Statutory Profit
May 27Is Velan (TSE:VLN) Using Too Much Debt?
Feb 26Would Shareholders Who Purchased Velan's (TSE:VLN) Stock Three Years Be Happy With The Share price Today?
Jan 22How Much Does Velan's (TSE:VLN) CEO Make?
Dec 18
Revenue & Expenses Breakdown
How Velan makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Aug 24 | 375 | -10 | 87 | 0 |
| 31 May 24 | 357 | -13 | 85 | 0 |
| 29 Feb 24 | 347 | -20 | 84 | 0 |
| 30 Nov 23 | 344 | -65 | 77 | 0 |
| 31 Aug 23 | 358 | -55 | 81 | 0 |
| 31 May 23 | 363 | -56 | 83 | 0 |
| 28 Feb 23 | 370 | -55 | 87 | 0 |
| 30 Nov 22 | 380 | -34 | 95 | 0 |
| 31 Aug 22 | 395 | -32 | 99 | 0 |
| 31 May 22 | 412 | -23 | 96 | 0 |
| 28 Feb 22 | 411 | -21 | 94 | 0 |
| 30 Nov 21 | 372 | 5 | 103 | 0 |
| 31 Aug 21 | 333 | 10 | 94 | 0 |
| 31 May 21 | 300 | 0 | 89 | 0 |
| 28 Feb 21 | 302 | 3 | 80 | 0 |
| 30 Nov 20 | 330 | -9 | 71 | 0 |
| 31 Aug 20 | 347 | -19 | 69 | 0 |
| 31 May 20 | 364 | -12 | 70 | 0 |
| 29 Feb 20 | 372 | -16 | 76 | 0 |
| 30 Nov 19 | 363 | -4 | 81 | 0 |
| 31 Aug 19 | 367 | -3 | 83 | 0 |
| 31 May 19 | 373 | -7 | 85 | 0 |
| 28 Feb 19 | 367 | -5 | 84 | 0 |
| 30 Nov 18 | 364 | -15 | 82 | 0 |
| 31 Aug 18 | 360 | -14 | 83 | 0 |
| 31 May 18 | 345 | -17 | 83 | 0 |
| 28 Feb 18 | 338 | -18 | 80 | 0 |
| 30 Nov 17 | 338 | -6 | 76 | 0 |
| 31 Aug 17 | 331 | -5 | 73 | 0 |
| 31 May 17 | 325 | 3 | 69 | 0 |
| 28 Feb 17 | 332 | 8 | 69 | 0 |
| 30 Nov 16 | 337 | -4 | 76 | -3 |
| 31 Aug 16 | 361 | -2 | 75 | -3 |
| 31 May 16 | 401 | 1 | 78 | -3 |
| 29 Feb 16 | 427 | 4 | 79 | -3 |
| 30 Nov 15 | 433 | 16 | 81 | -4 |
| 31 Aug 15 | 457 | 17 | 87 | -4 |
| 31 May 15 | 456 | 18 | 89 | -4 |
| 28 Feb 15 | 456 | 19 | 90 | -4 |
| 30 Nov 14 | 462 | 24 | 83 | 0 |
| 31 Aug 14 | 450 | 28 | 81 | 0 |
| 31 May 14 | 460 | 28 | 80 | 0 |
| 28 Feb 14 | 489 | 29 | 82 | 0 |
| 30 Nov 13 | 511 | 15 | 91 | -4 |
Quality Earnings: VLN is currently unprofitable.
Growing Profit Margin: VLN is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VLN is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.
Accelerating Growth: Unable to compare VLN's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VLN is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-20.8%).
Return on Equity
High ROE: VLN has a negative Return on Equity (-5.74%), as it is currently unprofitable.