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OTCM
VLNSF
Market cap282mUSD
Oct 07, Last price  
12.90USD
1D
0.39%
1Q
18.13%
Name

Velan Inc

Chart & performance

D1W1MN
OTCM:VLNSF chart
P/E
1.61
P/S
0.92
EPS
7.99
Div yield, %
3.17%
Shrs. gr., 5y
—
Rev. gr., 5y
-0.05%
Revenues
301m
+2.06%
327,253,076391,136,979473,355,124443,292,740397,204,498437,135,000500,574,000489,257,000455,750,000426,895,000331,777,000337,963,000366,865,000371,625,000302,063,000411,242,000370,429,000346,816,000295,196,000301,279,960
Net income
173m
P
5,244,08517,215,52112,551,54333,796,0235,940,6957,892,0006,169,00029,400,00018,580,0003,641,0007,737,000-18,873,000-5,394,000-16,601,0002,197,000-10,255,000-55,459,000-19,737,000-75,500,000172,524,590
CFO
-163m
L
16,050,133024,916,02164,289,79126,577,709-12,768,00014,412,00075,459,00049,916,00028,884,0007,147,000-1,893,000-9,587,0009,643,000-9,095,00017,868,000522,0004,301,00026,525,000-162,769,749
Dividend
Nov 13, 20250.0714 USD/sh

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Profile

Velan Inc. designs, manufactures, and markets industrial valves worldwide. The company offers quarter-turn valves; gate, globe, and check valves; API 600 cast steel gate, globe, and check valves; corrosion-resistant steel gate, globe, and check valves; API 602 small forged gate, globe, and check valves; API 6D/API 6A through conduit and double expanding gate valves; large forged pressure seal and bolted bonnet gate, globe, and check valves; y-pattern valves; Proquip dual-plate check valves; API 6D/API 6A non slam and swing check valves; quarter-turn valves; resilient-seated ball valves; Securaseal metal-seated ball valves; Coker ball valves; API 6D/API 6A pipeline ball valves; modular double block and bleed ball valves; Torqseal triple-offset butterfly valves; and other products. It also provides bimetallic steam traps, trap stations, and manifolds; engineering solutions; cable drive actuators; and other products. The company was formerly known as Velan Engineering Ltd. and changed its name to Velan Inc. in February 1981. The company was founded in 1950 and is headquartered in Montreal, Canada. Velan Inc. is a subsidiary of Velan Holding Co. Ltd.

Related entities

Subsidiaries (3)
V e l a n Gesellschaft mit beschrankter Haftung
VELAN VALVES INDIA PRIVATE LIMITED
VALSERVE

Key people

Thomas C. Velan
Chairman of the Board · since 2017
Bruno Carbonaro
President · since 2019
John D. Ball
Chief Financial Officer · since 2005
Martin Allen
Executive Vice President - Manufacturing Operations and Global Supply Chain · since 2016
Ivan C. Velan
Executive Vice President · since 2013
Victor Apostolescu
Vice President - Quality Assurance
Sabine Bruckert
Vice President - Human Resources, General Counsel, Corporate Secretary
Jose del Buey
Vice President - Severe Service Applications
Paul Dion
Vice President, Canadian Sales
Gil Perez
Vice President - Engineering
Charles Pogue
Vice President - Sales, United States Western Division
Andrew Smith
Vice President - Procurement and Overseas Manufacturing · since 2003
Raffi Sossoyan
Vice President - Global Financial Reporting · since 2013
Nabil Tarfah
Vice President - Materials and Process Technology · since 2013
George Zarifah
Vice President - Global Capital Investment and Production
Gilles Sabourin
Vice President - Financial Systems, Treasurer · since 2013
Paul Lee
Vice President - Sales, United States Eastern Division
Wolfgang Maar
Executive Vice President - International Sales and Overseas Operations · since 2011
Robert Velan
Vice President - Sales Administration, North America, Director · since 2013
Daniel Velan
Vice President - Marketing
IPO date
Sep 27, 1996
Employees
1,639
Domiciled in
CA
Incorporated in
CA
Headquarters & legal address
7007 COTE DE LIESSE RD.
MONTREAL, QC H4T 1G2
CA
Previous name
VELAN ENGINEERING LTD.

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