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. In the quarter to June 2026, revenue grew 14,590.2%, EPS fell 72.4% and free cash flow fell 56.7%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

2.83 0.03 +1.07%
Market cap
$23.4M
P/E
0.0×
Fwd P/E
−88.8×
Dividend yield
—
F-score
5/9
Altman Z
−4.54
Beneish M
−2.17
Dividend safety
n/a
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17
Piotroski F-Score
5 — — — — — — — —
P/E ratio
0.00 0.00 0.00 — — — — — —
Altman Z-Score
(4.54) (16.30) (16.65) — — — — — —
P/S ratio
2.84 0.00 0.00 — — — — — —
Altman Z″-Score (non-manufacturers)
(10.33) (36.69) (38.52) — — — — — —
P/FCF ratio
0.00 0.00 0.00 — — — — — —
Beneish M-Score
(2.17) 37.74 — — — — — — —
P/Operating CF
(3.93) (0.52) (19.45) — — — — — —
P/B ratio
1.78 0.00 0.00 — — — — — —
Price to Tangible BV
1.79 0.00 0.00 — — — — — —
EV/Sales
1.33 0.00 0.00 — — — — — —
EV/EBITDA
0.00 0.00 0.00 — — — — — —
EV/Operating CF
(0.47) (0.32) (3.68) — — — — — —
EV/FCF
(0.47) (0.32) (3.61) — — — — — —
Quick Ratio
5.66 1.72 0.90 3.77 7.76 1.56 6.03 0.87 —
Current Ratio
5.85 2.01 1.18 4.51 8.03 2.22 6.36 0.89 —
Net Debt/EBITDA
1.87 (0.27) (0.23) 0.13 1.11 0.35 0.88 (0.20) —
Debt/Assets
25.15% 78.39% 81.81% 45.19% 8.41% 0.17% 0.32% 101.82% 0.00%
Debt/Equity
0.42 (5.92) (2.23) 1.20 0.10 0.00 0.00 (9.31) —
Asset Turnover
0.37 0.26 0.00 0.00 0.00 0.00 0.00 0.00 —
Operating CF/Net income
0.86 1.22 0.80 1.11 0.89 0.83 0.63 0.36 —
Capex/Depreciation
(0.02) 0.00 (0.14) (0.51) (3.96) (1.75) (0.75) 0.00 —
Interest Coverage
(2.31) (4.72) (13.20) (16.75) (28.23) (74.30) (8.89) (777.62) —
ROE
(100.18%) 331.20% (1,238.11%) (113.74%) (124.29%) (183.15%) (265.57%) (131.17%) —
ROA
(37.69%) (83.29%) (126.74%) (74.51%) (94.12%) (130.31%) (114.25%) (129.91%) —
ROIC
(608.14%) (421.78%) (5,979.80%) (311.38%) (442.73%) (846.00%) 0.00% 0.00% —
Return on Tangible Assets
(32.16%) (133.57%) (394.46%) (129.45%) (69.00%) (240.52%) (119.90%) 609.59% —
Average Days of Receivables
41.99 168.09 4,075.00 0.00 0.00 0.00 0.00 0.00 —
Research and Development Expense of Revenue
132.51% 312.71% 16,323.29% 0.00% 0.00% 0.00% 0.00% 0.00% —
Selling, General and Administrative Expense of Revenue
90.16% 227.84% 14,183.56% 0.00% 0.00% 0.00% 0.00% 0.00% —
Intangible Assets out of Total Assets
0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00
Share Based Compensation of Revenue
4.08% 10.68% 656.16% 0.00% 0.00% 0.00% 0.00% — —
Graham Net Nets
0.45 (1.75) (0.09) — — — — — —
Graham Number
0.00 0.00 0.00 — — — — — —
Earnings Yield
(43.42%) (232.17%) (35.97%) — — — — — —
Free Cash Flow Yield
(100.88%) (577.57%) (29.03%) — — — — — —
Revenue per Share
1.17 3.12 0.13 0.00 0.00 0.00 0.00 0.00 —
Operating CF per Share
(1.03) (12.06) (32.36) (54.51) (56.25) (40.29) (25.27) (0.14) —
Capex per Share
0.00 0.00 (0.16) (0.62) (3.49) (0.60) (0.22) 0.00 —
Free Cash Flow per Share
(1.04) (12.06) (32.52) (55.13) (59.74) (40.89) (25.49) (0.14) —
Cash per Share
3.63 5.55 10.21 27.88 82.50 18.90 34.41 0.53 —
Shareholders Equity per Share
2.66 (1.54) (8.65) 17.56 83.19 22.80 33.70 (0.07) —
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 —
Book value per Share
2.66 (1.54) (8.65) 17.56 83.19 22.80 33.70 (0.07) —
Free Cash Flow
(6.64) (12.94) (17.78) (26.07) (23.29) (12.62) (7.08) (1.98) —
Working Capital
20.64 4.40 1.27 13.22 30.38 6.02 9.24 (1.04) —
Capital Expenditures
(0.01) — (0.09) (0.29) (1.36) (0.18) (0.06) (0.01) —
Net Current Asset Value
13.53 (5.37) (9.27) 3.26 26.98 6.02 9.24 (1.06) —
EV/EBIT
0.00 0.00 0.00 — — — — — —
Capex to Sales
0.00 0.00 1.19 0.00 0.00 0.00 0.00 — —
Price to Operating Income
0.00 0.00 0.00 — — — — — —
Other line items
Depreciation/Fixed assets
0.19 0.17 0.14 0.12 0.07 0.48 0.80 0.57 —
Cash ROIC
(13.99%) (91.86%) (155.97%) (82.91%) (34.26%) (97.91%) (37.35%) (13.03%) —
Accounts Receivable Turnover
6.26 2.84 0.08 0.00 0.00 0.00 0.00 0.00 —
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09 —
Inventory Turnover
— — — 0.00 0.00 0.00 0.00 0.00 —
Average Days of Payables
0.00 0.00 0.00 0.00 0.00 0.00 0.00 1,659.54 —
Days of Inventory on Hand
— — — 0.00 0.00 0.00 0.00 0.00 —
Average Receivables
1.20 1.18 0.91 1.21 1.62 1.33 0.80 0.85 —
Average Payables
2.58 2.83 2.39 2.47 3.26 2.16 0.49 0.79 —
Average Assets
20.45 12.69 17.46 31.09 26.06 11.52 9.80 4.26 —
Average Common Equity
7.69 (3.19) 1.79 20.37 19.74 8.20 4.22 4.22 —

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Columns are period end dates