A company still losing money with growing sales. Institutions are adding.
Going well
Sales up 52% in the latest quarter vs a year ago
Sales up 12% last year
Sales growth speeding up
Watch out for
About 17 months of cash left at its current burn
Losing money, losses are large next to sales
Money moves
No insider buying or selling in the last 30 days
Institutions added 86% to their holdings in the quarter ending June 2026 (114 bought, 28 sold)
Held by Cathie Wood (ARK Invest)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$6.49-2.1% that day
Company value
$209M
Share price times all shares
Price vs sales
3.6x
No profit over the last year, so this compares value with sales instead
Cash vs value
44%
A big cushion: cash is a large part of what the company is worth
Debt vs value
15%
Debt as a share of company value
From VELO's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26
$20.7M+52% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $57.6M, up 32% from the 12 months before. Over 5 years, sales grew about 19% a year.
What the price assumes
Your guesses, our math
Move the sliders to your own view of VELO. Starting points are the company's recent numbers (it isn't profitable yet, so the margin starts at a 10% guess).
Sales in 5 years$214M
Profit in 5 years$21M
Price these guesses point to$10.49+62% vs $6.49 todayAbout +10% a year, before dividends
What today's price needs: with a 10% margin and a 15x P/E, sales would have to grow about 18% a year for 5 years just to match today's price.
Simple math on your guesses, not a forecast or a price target. Real results depend on many things these sliders leave out.