Revenue Summary of Velan Inc.

Velan Inc.'s latest annual revenue in 2023 was 346.81 Million USD , down -6.37% from previous year.
Velan Inc.'s latest quarterly revenue in 2024 Q1 was 77.5 Million USD , down -34.26% from previous quarter.
Velan Inc. reported a annual revenue of 370.42 Million USD in annual revenue 2022, down -9.92% from previous year.
Velan Inc. reported a annual revenue of 411.24 Million USD in annual revenue 2021, up 36.14% from previous year.
Velan Inc. reported a quarterly revenue of 77.5 Million USD for 2024 Q1, down -34.26% from previous quarter.
Velan Inc. reported a quarterly revenue of 80.94 Million USD for 2023 Q3, up 0.78% from previous quarter.

Annual Revenue Chart of Velan Inc. (2023 - 1996)

Historical Annual Revenue of Velan Inc. (2023 - 1996)

Year	Revenue	Revenue Growth
2023	346.81 Million USD	-6.37%
2022	370.42 Million USD	-9.92%
2021	411.24 Million USD	36.14%
2020	302.06 Million USD	-18.72%
2019	371.62 Million USD	1.3%
2018	366.86 Million USD	8.55%
2017	337.96 Million USD	1.86%
2016	331.77 Million USD	-22.28%
2015	426.89 Million USD	-6.33%
2014	455.75 Million USD	-6.85%
2013	489.25 Million USD	-2.26%
2012	500.57 Million USD	14.51%
2011	437.13 Million USD	10.05%
2010	397.2 Million USD	-10.4%
2009	443.29 Million USD	0.0%
2007	473.35 Million USD	21.02%
2006	391.13 Million USD	19.52%
2005	327.25 Million USD	28.48%
2004	254.7 Million USD	31.81%
2003	193.23 Million USD	-6.44%
2002	206.53 Million USD	9.41%
2001	188.77 Million USD	-9.71%
2000	209.06 Million USD	-2.59%
1999	214.61 Million USD	2.58%
1998	209.22 Million USD	7.12%
1997	195.31 Million USD	8.46%
1996	180.08 Million USD	0.0%

Year	Revenue	Revenue Growth
2024 Q2	98.64 Million USD	27.29%
2024 Q1	77.5 Million USD	-34.26%
2023 Q3	80.94 Million USD	0.78%
2023 Q4	117.89 Million USD	45.65%
2023 FY	346.81 Million USD	-6.37%
2023 Q1	67.65 Million USD	-41.24%
2023 Q2	80.31 Million USD	18.71%
2022 Q1	75 Million USD	-39.92%
2022 Q2	85.05 Million USD	13.4%
2022 Q3	95.22 Million USD	11.96%
2022 Q4	115.14 Million USD	20.91%
2022 FY	370.42 Million USD	-9.92%
2021 Q1	74.52 Million USD	-12.84%
2021 FY	411.24 Million USD	36.14%
2021 Q4	124.84 Million USD	13.53%
2021 Q3	109.97 Million USD	7.93%
2021 Q2	101.89 Million USD	36.72%
2020 Q4	85.51 Million USD	19.49%
2020 Q2	68.34 Million USD	-10.84%
2020 Q1	76.65 Million USD	-32.55%
2020 FY	302.06 Million USD	-18.72%
2020 Q3	71.56 Million USD	4.71%
2019 Q2	85.46 Million USD	1.97%
2019 FY	371.62 Million USD	1.3%
2019 Q1	83.81 Million USD	-20.44%
2019 Q4	113.64 Million USD	28.12%
2019 Q3	88.7 Million USD	3.78%
2018 Q1	77.87 Million USD	-24.1%
2018 Q3	92.27 Million USD	0.98%
2018 Q4	105.34 Million USD	14.17%
2018 FY	366.86 Million USD	8.55%
2018 Q2	91.37 Million USD	17.34%
2017 Q2	76.53 Million USD	7.66%
2017 Q4	102.6 Million USD	16.95%
2017 FY	337.96 Million USD	1.86%
2017 Q1	71.08 Million USD	-30.87%
2017 Q3	87.73 Million USD	14.64%
2016 Q3	80.39 Million USD	13.02%
2016 FY	331.77 Million USD	-22.28%
2016 Q4	102.83 Million USD	27.91%
2016 Q2	71.13 Million USD	-8.1%
2016 Q1	77.4 Million USD	-28.43%
2015 FY	426.89 Million USD	-6.33%
2015 Q4	108.15 Million USD	3.99%
2015 Q3	104 Million USD	-6.77%
2015 Q2	111.55 Million USD	8.12%
2015 Q1	103.17 Million USD	-9.89%
2014 Q3	127.29 Million USD	14.79%
2014 Q4	114.5 Million USD	-10.04%
2014 FY	455.75 Million USD	-6.85%
2014 Q1	103.06 Million USD	-14.62%
2014 Q2	110.88 Million USD	7.59%
2013 FY	489.25 Million USD	-2.26%
2013 Q4	120.71 Million USD	4.42%
2013 Q3	115.61 Million USD	-4.27%
2013 Q2	120.76 Million USD	-8.63%
2013 Q1	132.16 Million USD	-6.97%
2012 FY	500.57 Million USD	14.51%
2012 Q4	142.07 Million USD	5.86%
2012 Q2	108.44 Million USD	-6.39%
2012 Q1	115.85 Million USD	-1.64%
2012 Q3	134.2 Million USD	23.75%
2011 Q2	95.38 Million USD	-9.17%
2011 FY	437.13 Million USD	10.05%
2011 Q3	118.93 Million USD	24.69%
2011 Q4	117.78 Million USD	-0.97%
2011 Q1	105.02 Million USD	-13.38%
2010 Q3	105.96 Million USD	37.67%
2010 Q1	86.9 Million USD	-23.22%
2010 Q4	121.24 Million USD	14.42%
2010 FY	397.2 Million USD	-10.4%
2010 Q2	76.96 Million USD	-11.44%
2009 Q1	110.42 Million USD	0.0%
2009 FY	443.29 Million USD	0.0%
2009 Q4	113.18 Million USD	7.66%
2009 Q3	105.13 Million USD	-49.11%
2009 Q2	206.6 Million USD	87.09%
2008 Q1	135.39 Million USD	14.1%
2008 Q4	- USD	-100.0%
2008 Q2	81.76 Million USD	-39.61%
2008 Q3	88.45 Million USD	8.18%
2007 FY	473.35 Million USD	21.02%
2007 Q3	120.8 Million USD	35.64%
2007 Q2	89.06 Million USD	-41.8%
2007 Q1	153.01 Million USD	83.24%
2007 Q4	118.65 Million USD	-1.78%
2006 Q3	88.92 Million USD	23.71%
2006 FY	391.13 Million USD	19.52%
2006 Q2	71.88 Million USD	-29.15%
2006 Q1	101.46 Million USD	37.35%
2006 Q4	83.5 Million USD	-6.09%
2005 Q4	73.87 Million USD	-9.1%
2005 Q3	81.26 Million USD	23.84%
2005 Q2	65.62 Million USD	-5.4%
2005 FY	327.25 Million USD	28.48%
2005 Q1	69.37 Million USD	12.43%
2004 Q2	53.67 Million USD	-2.24%
2004 Q1	54.9 Million USD	15.14%
2004 Q3	66.58 Million USD	24.06%
2004 Q4	61.69 Million USD	-7.34%
2004 FY	254.7 Million USD	31.81%
2003 Q4	47.68 Million USD	-6.46%
2003 FY	193.23 Million USD	-6.44%
2003 Q1	64.86 Million USD	34.17%
2003 Q2	39.58 Million USD	-38.98%
2003 Q3	50.97 Million USD	28.78%
2002 Q4	48.34 Million USD	1.56%
2002 Q1	62.53 Million USD	46.21%
2002 Q2	41.06 Million USD	-34.34%
2002 Q3	47.6 Million USD	15.92%
2002 FY	206.53 Million USD	9.41%
2001 FY	188.77 Million USD	-9.71%
2001 Q4	42.77 Million USD	-10.08%
2001 Q3	47.56 Million USD	25.05%
2001 Q2	38.03 Million USD	-33.51%
2001 Q1	57.2 Million USD	12.32%
2000 Q2	49.91 Million USD	-4.59%
2000 Q1	52.31 Million USD	-1.91%
2000 FY	209.06 Million USD	-2.59%
2000 Q3	53.12 Million USD	6.43%
2000 Q4	50.93 Million USD	-4.13%
1999 Q4	53.34 Million USD	-8.99%
1999 FY	214.61 Million USD	2.58%
1999 Q2	48.04 Million USD	-12.6%
1999 Q3	58.6 Million USD	21.99%
1999 Q1	54.96 Million USD	9.82%
1998 Q4	50.04 Million USD	-15.61%
1998 Q1	57.67 Million USD	18.27%
1998 Q2	41.82 Million USD	-27.48%
1998 FY	209.22 Million USD	7.12%
1998 Q3	59.3 Million USD	41.81%
1997 Q1	52.8 Million USD	25.69%
1997 Q3	51.51 Million USD	34.49%
1997 Q4	48.76 Million USD	-5.33%
1997 Q2	38.3 Million USD	-27.47%
1997 FY	195.31 Million USD	8.46%
1996 FY	180.08 Million USD	0.0%
1996 Q4	42.01 Million USD	0.0%

Peer Revenue Comparison of Velan Inc.

Name	Revenue	Revenue Difference
ATS Corporation	3.03 Billion CAD	88.565%
dynaCERT Inc.	446.82 Thousand CAD	-77518.207%
PyroGenesis Canada Inc.	12.34 Million CAD	-2709.346%
Savaria Corporation	836.95 Million CAD	58.562%

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Velan Inc. (VLN.TO)

Revenue Summary of Velan Inc.

Annual Revenue Chart of Velan Inc. (2023 - 1996)

Historical Annual Revenue of Velan Inc. (2023 - 1996)

Peer Revenue Comparison of Velan Inc.