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 |
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.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:23 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Velan Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Claude Proulx | BMO Capital Markets Equity Research |