Revenue (FY 2025)
↑36.8% YoY
$185.78M
3-Yr CAGR: 30.7%
Net Income
↑53.3% YoY
$104.98M
Net Margin: 56.5%
Free Cash Flow
↓-52.3% YoY
$17.88M
FCF Yield: 2.53%
EPS (Diluted)
N/A
Basic: N/A
Return on Equity
Efficiency
15.5%
ROA: 1.4%
📊 Multi-Year Historical Performance & Trends
Financial Performance History
Revenue, Net Income & Free Cash Flow
Margins Trend (%)
Gross, Operating & Net Margins
Balance Sheet Strength
Cash, Debt & Equity
Cash Flow Generation
Operating Cash Flow vs CapEx vs FCF
📈 Year-over-Year (YoY) Growth History (VEL)
All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
- FY 2024: Revenue YoY (+26.0%) is identical to Gross Profit YoY (+26.0%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
- FY 2025: Revenue YoY (+36.8%) is identical to Gross Profit YoY (+36.8%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
| Fiscal Year | Revenue | Revenue YoY | Gross Profit | Net Income | Net Inc YoY | Diluted EPS | EPS YoY | Div / Sh | Div Yield | Op. Cash Flow | Free Cash Flow | FCF YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2018 | $48.8M | — | $26.9M | $7.6M | — | — | — | — | — | $-72.5M | $-73.8M | — |
| FY 2019 | $59.0M | +20.9% | $50.8M | $25.4M | +232.8% | — | — | — | — | $-105.3M | $-106.2M | -44.0% |
| FY 2020 | $67.4M | +14.3% | $46.3M | $23.1M | -8.9% | — | — | — | 0.00% | $54.9M | $54.2M | +151.0% |
| FY 2021 | $76.0M | +12.6% | $76.0M | $39.8M | +72.0% | — | — | — | 0.00% | $57.6M | $57.5M | +6.1% |
| FY 2022 | $83.1M | +9.4% | $77.1M | $32.5M | -18.3% | — | — | — | 0.00% | $48.7M | $48.3M | -15.9% |
| FY 2023 | $107.8M | +29.6% | $107.8M | $52.3M | +60.8% | — | — | — | 0.00% | $48.8M | $48.7M | +0.6% |
| FY 2024 | $135.8M | +26.0% | $135.8M | $68.5M | +30.9% | — | — | — | 0.00% | $37.8M | $37.5M | -23.0% |
| FY 2025 | $185.8M | +36.8% | $185.8M | $105.0M | +53.3% | — | — | — | 0.00% | $18.2M | $17.9M | -52.3% |
Valuation
Market Price
$18.02
Market Cap
$707.38M
Enterprise Value
$615.28M
P/E Ratio
N/A
P/B Ratio
1.05
FCF Yield
2.53%
Dividend Yield
N/A
Shares Outstanding
Profitability & Margins
Gross Margin
35.30%
Operating Margin
135.23%
Net Margin
56.51%
Return on Equity (ROE)
15.54%
Return on Assets (ROA)
1.42%
Asset Turnover
0.03x
Revenue 3-Yr CAGR
30.73%
Financial Health & Liquidity
Current Ratio
N/A
Cash Ratio
N/A
Debt / Equity
0.000
Debt / Assets
0.000
Cash & Equivalents
$92.10M
Total Debt
N/A
Book Value / Share
$17.21
Cash Flow Efficiency
Operating Cash Flow
$18.16M
Capital Expenditures (CapEx)
$281.00K
Free Cash Flow
$17.88M
OCF / Revenue
9.78%
FCF / Revenue
9.62%
FCF 3-Yr CAGR
-28.22%
Per Share Metrics
EPS (Diluted)
N/A
EPS (Basic)
N/A
Dividends / Share
N/A
Book Value / Share
$17.21
EPS YoY Growth
N/A
Balance Sheet (FY 2025)
Total Assets
$7.38B
Total Liabilities
$6.71B
Stockholders' Equity
$675.69M
Current Assets
N/A
Current Liabilities
N/A