Velan Inc.

VLNSF · OTC
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8/31/2025
5/31/2025
2/28/2025
11/30/2024
Revenue$68$72$83$73
% Growth-6.4%-13.2%13.3%
Cost of Goods Sold$52$52$63$45
Gross Profit$16$21$20$28
% Margin23.2%28.6%23.8%38.6%
R&D Expenses$0$0$3$0
G&A Expenses$15$18$15$17
SG&A Expenses$15$18$18$17
Sales & Mktg Exp.$0$0$3$0
Other Operating Expenses-$0$6$18$74
Operating Expenses$15$24$38$91
Operating Income$0-$4-$19-$62
% Margin0.6%-5.3%-22.3%-85%
Other Income/Exp. Net-$0-$0$1-$0
Pre-Tax Income$0-$4-$17-$63
Tax Expense$2-$22-$1-$15
Net Income-$2$77-$12-$62
% Margin-3.6%106.9%-14.9%-84.6%
EPS-0.0773.58-0.77-2.88
% Growth-102.1%564.9%73.3%
EPS Diluted-0.0773.58-0.57-2.88
Weighted Avg Shares Out32221622
Weighted Avg Shares Out Dil22222222
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$0$0$3$0
Depreciation & Amortization$2$2$2$2
EBITDA$3-$1-$16-$60
% Margin4.9%-2%-19.2%-82.1%
Velan Inc. (VLNSF) Financial Statements & Key Stats | AlphaPilot