Covalon Technologies Ltd.

Covalon Technologies Ltd.

CVALF
Covalon Technologies Ltd.US flagOther OTC
1.49
USD
-0.06
- -
41.15MMarket Cap
Covalon Technologies Ltd.
CVALF
(Other OTC)

Recent

price

1.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.43
0.31
0.46
0.45
0.97
0.82
0.56
1.36
1.24
1.51
0.52
0.76
0.7
1.07
1.28
1.2
1.19
Revenue per Share
-0.53
-0.43
-0.48
-0.11
0.26
-0.1
-0.26
0.09
0.08
-0.41
-0.27
0.91
-0.38
-0.18
0.11
0.08
0.06
Basic EPS, GAAP
-0.02
-0.43
-0.42
-0.18
0.32
-0.27
-0.11
-0.02
-0.06
-0.18
-0.24
0.02
-0.35
-0.18
0.13
0.05
0.16
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.15
Dividend per Share
-3.33
-3.42
-0.06
-0.11
0.15
0.05
-0.03
0.23
0.35
0.17
-0.12
0.79
0.39
0.18
0.66
0.66
0.56
Book Value per Share
0.67
0.54
0.14
0.1
0.39
0.32
0.18
0.37
0.55
-0.02
-0.23
1.26
0.89
0.69
1.07
1.07
0.97
Tangible Book Value per Share
7
8
8
9
9
9
12
20
22
22
26
26
26
25
24
27
28
Basic Weighted Avg Shares
3
3
4
4
9
8
7
27
27
34
14
20
18
27
31
33
33
Sales/Revenue/Turnover
-63.26
-139.67
-102.41
-24.37
26.96
-9.99
-47.03
6.63
6.05
-24.26
-54.69
4.29
-50.38
-17.03
6.9
5.37
3.49
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
1
1
Depreciation Expense
-4
-4
-4
-1
2
-1
-3
2
2
-9
-7
23
-10
-4
3
2
2
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-121.78
-137.63
-105.22
-24.02
26.51
-12.41
-47.03
6.63
6.05
-26.87
-51.47
120.02
-53.25
-16.77
8.57
6.27
5.02
Profit Margin (%)
5
4
1
1
4
3
2
7
11
4
-8
32
23
16
25
28
24
Working Capital
- -
- -
- -
1
1
- -
- -
- -
- -
6
3
2
2
1
- -
2
1
LT Debt
8
7
3
3
6
5
4
9
13
15
9
33
24
19
28
31
28
Total Equity
- -
- -
- -
- -
52.72
- -
- -
32.67
15.27
- -
- -
2.54
- -
- -
8.82
5.75
3.7
Return on Invested Capital (%)
- -
- -
- -
- -
315.56
- -
- -
85.83
23.47
- -
- -
117.09
- -
- -
23.3
11.01
9.2
Return on Capital (%)
- -
- -
- -
- -
- -
-101.19
- -
- -
26.39
-159.36
- -
- -
-63.63
-62.21
26.1
12.02
9.86
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
27
28
28
Market Capitalization
58
47
50

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
32
28
28
Cash, Cash Equivalents & STI
17
18
17
Accounts Receivable, Net
6
2
5
Inventories
7
7
6
Total Current Liabilities
4
5
4
Payables & Accruals
3
4
3
ST Debt
1
1
- -
Deferred Revenue
- -
1
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
41.1%
54.94%
11.72%
Free Cash Flow
-209.89%
-504.73%
-52.81%
Net Income, GAAP
-144.49%
-163.09%
-22.91%
Sales/Revenue/Turnover
37.32%
21.33%
5.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
8
9
9
31
2025
8
8
8
9
33
2026
7
9
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
0.06
0.06
0.02
0.11
2025
0.04
0.02
- -
- -
0.08
2026
- -
0.04
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
0.15
- -
- -
- -
- -
Business
Covalon Technologies Ltd. (TSXV: COV; OTCQX: CVALF) develops, manufactures and markets patented medical products focused on advanced wound care, infection management, vascular access, perioperative care and medical device coatings. The company offers collagen matrix-based wound dressings such as ColActive PLUS for chronic and infected wounds including diabetic ulcers, pressure ulcers and burns; antimicrobial silicone adhesive products including IV Clear, a dual-antimicrobial clear IV dressing, SurgiClear for surgical use, VALGuard for vascular access line protection and CovaClear for sensitive skin; CovaView and CovaWound dressings; together with customized coating solutions via its photo-polymerization platform. Founded in 2004 and headquartered in Mississauga, Ontario, Canada, Covalon serves hospitals, wound care centers, burn centers, long-term care facilities and home health agencies primarily in the United States, Canada, Latin America, the Middle East and internationally. In 2025, the company reports strong revenue growth exceeding 40% year-to-date in vascular access, surgical consumables and international sales; achieves its fifth consecutive quarter of profitability with gross margins of 55-60%; maintains over $18 million in cash reserves and zero debt; retains 100% of its top 50 U.S. hospital customers; signs a major distribution agreement with Paul Hartmann USA for ColActive PLUS; engages Origin Merchant Partners to pursue mergers, acquisitions and partnerships, primarily in North America; and announces its first-ever dividend payment.

Company News

APIChat
  • Covalon Technologies Ltd. (COV:CA) Q2 2026 Earnings Call Transcript

  • Covalon Reports 2026 Second Quarter Results

  • Covalon Announces Conference Call to Discuss Second Quarter Fiscal 2026 Results

  • Comparing Solana (NASDAQ:HSDT) and Covalon Technologies (OTCMKTS:CVALF)

  • Covalon Technologies Reports Significant Milestones Spanning Vascular Access, Infection Prevention, and Wound Care

  • Covalon to Showcase Clinical Innovation and Infection Prevention Leadership at Infusion Nurses Society 2026 Annual Meeting

  • Covalon Announces Grant of Deferred Share Units

  • Covalon Announces Voting Results from Fiscal 2025 Annual General and Special Meeting of Shareholders

  • Covalon Technologies Ltd. (COV:CA) Shareholder/Analyst Call Transcript

  • Covalon To Hold Annual Meeting of Shareholders on Wednesday, March 25, 2026

  • Covalon Technologies Ltd. (COV:CA) Q1 2026 Earnings Call Transcript

  • Covalon Reports on 2026 First Quarter Results and Recent Achievements and Highlights

  • Covalon Honoured to Partner with the Association for Vascular Access and Global Expert Dr. Nancy Moureau to Tackle Critical IV Therapy Complications

  • Covalon Announces Conference Call to Discuss First Quarter Fiscal 2026 Results

  • Covalon Technologies (OTCMKTS:CVALF) Shares Up 10.5% – What’s Next?

  • Covalon Technologies Ltd. (COV:CA) Q4 2025 Earnings Call Transcript

  • Covalon Reports Highest Revenue Quarter of Fiscal Year 2025, Delivers Third Consecutive Year of Revenue Growth

  • Covalon Announces Conference Call to Discuss Fourth Quarter and Year End Fiscal 2025 Financial Results

  • Covalon Technologies Ltd. Announces Payment of First Ever Dividend, Marking a Milestone in Financial Strength

  • Covalon Declares First Ever Special Cash Dividend