Evaxion A/S - Sponsored ADR

EVAX Healthcare Biotechnology

Evaxion A/S - Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $7.5 million, up 125.1% from fiscal 2024.

Revenue
+14,590.2%
EPS
−72.4%
Free cash flow
−56.7%

Quarter to June 2026, against a year earlier

2.95 0.19 +6.88%
Market cap
$23.0M
P/E
0.0×
Fwd P/E
−75.0×
Dividend yield
—
F-score
5/9
Altman Z
−4.54
Beneish M
−2.17
Dividend safety
n/a

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 9.63%

Capital & Financial Ratios $m

Size
Market Cap 23.02
Revenue ttm 10.70
Net income ttm (7.36)
Free cash flow ttm (30.16)
Net debt Q (7.25)
Valuation
P/E 0.00
Forward P/E (75.00) (negative: loss-making)
Price / sales 2.06
Forward P/S Powerpack
Price / FCF 0.00
Price / book 2.31
Financial health
Current ratio Q 5.06 (at or above 1.5: strong)
Debt / equity Q 0.71
Interest coverage Q (16.44)
Growth
Revenue growth Q +14,590.20% (above 0%: growing)
Operating income growth Q +0.57% (above 0%: growing)
EPS, this year −100.00% (below 0%: weak)
EPS, next year A +62.50% (at or above 15%: strong)
Revenue, next year A −37.96% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −14.47% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/B against its own 10 years 24.52%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 6 6 23 14
Receivables 1 2 1 1
Inventory — — — —
Other — — — —
8 9 25 16
2023 2024 2025 Q'26
Payables 3 3 2 2
ST’ Debt 0 0 0 0
Other 3 — 0 0
7 4 4 3

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 19.34% 27.08%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.44) (0.50) — — —
’25 (0.29) (0.76) 0.73 — (1.20)
’24 0.03 (6.00) (1.75) — (9.85)
’23 (0.24) (10.50) (2.10) — (40.47)
’22 (12.50) (10.00) (0.24) (0.29) (49.00)
’21 (11.50) (18.00) (13.50) (19.50) (63.00)
’20 (10.00) (12.00) (13.00) (13.65) (48.50)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 0 7 — 8
’24 0 0 3 — 3
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — (8) — — —
’25 — (8) — — (7)
’24 — (9) — — (13)
’23 — — — — (18)
’22 (8) (5) — — (26)
’21 (4) (7) (6) (4) (22)
’20 (3) (2) (3) (4) (12)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — (8) — — —
’25 — (8) — — (7)
’24 — (9) — — (13)
’23 — 0 — — (18)
’22 (8) (5) — — (26)
’21 (4) (8) (7) (4) (23)
’20 (3) (2) (3) (4) (13)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 0 3 8 11 +915.5% — 5 10 +10.9%
Gross margin, % — — 0.00 0.00 0.00 0.00 0.00 100.00 100.00 100.00 100.00 +100.0 pt
EBT — — (6) (12) (17) (25) (24) (23) (11) (9) (8) +4.7%
EBT margin, % — — 0.00 0.00 0.00 0.00 0.00 (31,390.41) (339.56) (114.44) 0.00 (114.4) pt
Net income — 0 (6) (11) (15) (25) (23) (22) (11) (8) (7) n/m
Per share, $
Per share, $ Revenue — — 0.00 0.00 0.00 0.00 0.00 0.13 3.12 1.17 0.00 n/m
Earnings — — (21.43) (40.29) (48.50) (63.00) (49.00) (40.47) (9.85) (1.20) (0.97) (33.7%)
Cash flow — — (7.65) (25.27) (40.29) (56.25) (54.51) (32.36) (12.06) (1.03) (4.04) (24.9%)
Capex — — 0.00 (0.22) (0.60) (3.49) (0.62) (0.16) 0.00 0.00 0.00 n/m
Free cash flow — — (7.65) (25.49) (40.89) (59.74) (55.13) (32.52) (12.06) (1.04) (4.04) (24.8%)
Book value — — (3.60) 33.70 22.80 83.19 17.56 (8.65) (1.54) 2.66 1.28 n/m
Shares, m — — 0 0 0 0 0 1 1 6 7 +58.2%
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — — 0.00 0.00 2.84 2.06 0.9
P/B — — — — — — — 0.00 0.00 1.78 2.31 0.6
EV/Sales — — — — — — — 0.00 0.00 1.33 1.38 0.4
EV/FCF — — — — — — — (3.61) (0.32) (0.47) (0.48) (1.5)
Cash, $m
Cash, $m Operating cash flow — — (2) (7) (12) (22) (26) (18) (13) (7) (30) +18.9%
Capex — — 0 0 0 (1) 0 0 — 0 0 +6.7%
Free cash flow — — (2) (7) (13) (23) (26) (18) (13) (7) (30) +18.9%
Balance, $m
Balance, $m Working capital — — (1) 9 6 30 13 1 4 21 13 n/m
Net debt — — 1 (10) (6) (29) (3) 5 4 (16) (7) n/m
Shareholders’ equity — — (1) 9 7 32 8 (5) (2) 17 10 n/m
Returns, %
Returns, % ROA — — (129.91) (114.25) (130.31) (94.12) (74.51) (126.74) (83.29) (37.69) (36.20) +92.2 pt
ROIC — — 0.00 0.00 (846.00) (442.73) (311.38) (5,979.80) (421.78) (608.14) (245.79) (608.1) pt
ROE — — (131.17) (265.57) (183.15) (124.29) (113.74) (1,238.11) 331.20 (100.18) (96.10) +31.0 pt
People
People Employees — — — — 35 61 60 49 46 46 — +5.6%
Revenue/emp, $m — — — — 0.00 0.00 0.00 0.00 0.07 0.16 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2025 · fundamentals updated 26 Oct 2026

Evaxion A/S - Sponsored ADR vs peers in Biotechnology (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AARD Aardvark Therapeutics, Inc. $24.3M — (loss-making) — — n/m −77.14% (below 0%: shrinking) — 0.00% Compare
CVM Cel-Sci Corporation $24.1M — (loss-making) — (loss-making) −62.66% (below 0%: shrinking) n/m −2.33% (below 0%: shrinking) 0.00% 0.00% Compare
CELU Celularity, Inc. $23.5M — (loss-making) — (loss-making) −5.30% (below 0%: shrinking) n/m −10.91% (below 0%: shrinking) 56.79% (78.00%) Compare
NXTC NextCure, Inc. $23.4M — (loss-making) — (loss-making) +1,549.08% (above 0%: growing) n/m +57.23% (above 0%: growing) 0.00% 0.00% Compare
EVAX Evaxion A/S - Sponsored ADR $23.0M — (loss-making) — (loss-making) +14,590.20% (above 0%: growing) n/m −56.70% (below 0%: shrinking) 100.00% 0.00%
IGC IGC Pharma, Inc. $22.0M — (loss-making) — (loss-making) 0.00% n/m −45.33% (below 0%: shrinking) 18.60% (588.72%) Compare
CRVO CervoMed Inc. $21.9M — (loss-making) — (loss-making) −99.60% (below 0%: shrinking) n/m −6.20% (below 0%: shrinking) 100.00% 0.00% Compare
FLNA Cassava Sciences, Inc. $21.8M — (loss-making) — +1,328.04% (above 0%: growing) n/m +21.65% (above 0%: growing) 0.00% 0.00% Compare
MCRB Seres Therapeutics, Inc. $20.8M — (loss-making) — (loss-making) +68.95% (above 0%: growing) n/m −576.66% (below 0%: shrinking) 100.00% (2,723.78%) Compare
Median of peers $22.7M — — 0.00% — −8.55% 18.60% 0.00%

All 621 Biotechnology stocks →

Evaxion A/S - Sponsored ADR (EVAX) Latest News

7 May

Impact 4 · · The Motley Fool transcript

17 Mar

Impact 3 · · GlobeNewswire

13 Jan

stockrow.com/EVAX · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com