Evaxion A/S

EDGAR

Annual consolidated revenue for 2025: about USD 7.528M, using the latest reported figures. The previous period, 2024, was about USD 3.344M.

Watchlist

Latest quarter

Revenue

0 USD

2026 Q2 · USD

Exact inputs and evidence
Cash and cash equivalents
14 million USD Source
Exact value

14000000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-02.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2025-12-31
  • Operating income: 4 of 11 periods available· newest 2025-12-31
  • Net income: 4 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 4 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2025-12-31
  • Total assets: 3 of 11 periods available· newest 2025-12-31
  • Total liabilities: 3 of 11 periods available· newest 2025-12-31
  • Current assets: 3 of 11 periods available· newest 2025-12-31
  • Current liabilities: 3 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 4 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +125.1%

    Prior period

    USD 3.34 million

    –

    Current period

    USD 7.53 million

    –

    Exact inputs and evidence

    7528000 − 3344000 = 4184000 USD

    3344000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    7528000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 2.86 million

    Prior period

    −USD 10.57 million

    –

    Current period

    −USD 7.71 million

    –

    Exact inputs and evidence

    -7707000 − -10567000 = 2860000 USD

    -10567000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -7707000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 6.32 million

    Prior period

    −USD 12.94 million

    –

    Current period

    −USD 6.63 million

    –

    Exact inputs and evidence

    -6625000 − -12940000 = 6315000 USD

    -12940000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -6625000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +USD 11,000

    Prior period

    USD 0

    –

    Current period

    USD 11,000

    –

    Exact inputs and evidence

    11000 − -0 = 11000 USD

    -0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    11000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 7.53 million 100% of revenue
  • Operating costs Derived USD 16.76 million 223% of revenue
  • Operating income −USD 9.23 million −123% of revenue
  • Tax, interest and other Derived −USD 1.53 million −20% of revenue
  • Net income −USD 7.71 million −102% of revenue

Cash

  • Operating cash flow −USD 6.63 million −88% of revenue
  • Capital expenditure USD 11,000 0.1% of revenue
  • Free cash flow Derived −USD 6.64 million −88% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Operating loss: operating costs were 30,507% of revenue.
  • 2024 Operating loss: operating costs were 541% of revenue.
  • 2025 Operating loss: operating costs were 223% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2022 2022-01-01 – 2022-12-310 25264000 Derived -25264000 -2095000 Derived -23169000 -26066000 Derived
Source
2023 2023-01-01 – 2023-12-3173000 22270000 Derived -22197000 -72000 Derived -22125000 -17778000 Derived
Source
2024 2024-01-01 – 2024-12-313344000 18076000 Derived -14732000 -4165000 Derived -10567000 -12940000 Derived
Source
2025 2025-01-01 – 2025-12-317528000 16762000 Derived -9234000 -1527000 Derived -7707000 -6636000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 7.5M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.1M6.1M4.1M2.0M0.02022202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Revenue0
2023Revenue73000
2024Revenue3344000
2025Revenue7528000

Revenue growth

Change in revenue from the same financial period one year earlier.

125.1% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4,839%3,629%2,420%1,210%0%2022202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2022Year over yearNo prior comparable period
2023Year over yearNo prior comparable period
2024Year over year4,480.8%
2025Year over year125.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -122.7% 2025
Net margin -102.4% 2025
Free cash flow margin -88.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2,433%-6,385%-15,203%-24,021%-32,839%2022202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2022Operating marginNot reported
2023Operating margin-30,406.8%
2024Operating margin-440.6%
2025Operating margin-122.7%
2022Net marginNot reported
2023Net margin-30,308.2%
2024Net margin-316%
2025Net margin-102.4%
2022Free cash flow marginNot reported
2023Free cash flow margin-24,353.4%
2024Free cash flow margin-387%
2025Free cash flow margin-88.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -6.6M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.1M-5.4M-12.9M-20.4M-27.8M2022202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Operating cash flow-25774000
2023Operating cash flow-17691000
2024Operating cash flow-12940000
2025Operating cash flow-6625000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -6.6M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.1M-5.5M-13.0M-20.6M-28.2M2022202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2022Free cash flow-26066000
2023Free cash flow-17778000
2024Free cash flow-12940000
2025Free cash flow-6636000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

40% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.148%111%74%37%0%2022-12-31202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2022-12-31Liabilities / assetsNot reportedNo source recorded
2023Liabilities / assets136.7%
2024Liabilities / assets113.2%
2025Liabilities / assets40%

Current assets to current liabilities

Current assets divided by current liabilities.

5.85× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.6.32×4.74×3.16×1.58×0.00×2022-12-31202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023Current assets / current liabilities1.18×
2024Current assets / current liabilities2.01×
2025Current assets / current liabilities5.85×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2022 2022-01-01 – 2022-12-31
−USD 23.17 million
Exact value

Exact value: -23169000 USD

2022-01-01 – 2022-12-31: -23169000 USD Inspect Net Income Open source
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−USD 25.77 million
Exact value

Exact value: -25774000 USD

2022-01-01 – 2022-12-31: -25774000 USD Inspect Operating Cash Flow Open source
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USD 292,000
Exact value

Exact value: 292000 USD

2022-01-01 – 2022-12-31: 292000 USD Inspect Capital Expenditure Open source
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−USD 26.07 million
Calculation and evidence

-25774000 − 292000 USD

Exact free cash flow: -26066000 USD

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2023 2023-01-01 – 2023-12-31
−USD 22.13 million
Exact value

Exact value: -22125000 USD

2023-01-01 – 2023-12-31: -22125000 USD Inspect Net Income Open source
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−USD 17.69 million
Exact value

Exact value: -17691000 USD

2023-01-01 – 2023-12-31: -17691000 USD Inspect Operating Cash Flow Open source
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USD 87,000
Exact value

Exact value: 87000 USD

2023-01-01 – 2023-12-31: 87000 USD Inspect Capital Expenditure Open source
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−USD 17.78 million
Calculation and evidence

-17691000 − 87000 USD

Exact free cash flow: -17778000 USD

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2024 2024-01-01 – 2024-12-31
−USD 10.57 million
Exact value

Exact value: -10567000 USD

2024-01-01 – 2024-12-31: -10567000 USD Inspect Net Income Open source
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−USD 12.94 million
Exact value

Exact value: -12940000 USD

2024-01-01 – 2024-12-31: -12940000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: -0 USD

2024-01-01 – 2024-12-31: -0 USD Inspect Capital Expenditure Open source
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−USD 12.94 million
Calculation and evidence

-12940000 − -0 USD

Exact free cash flow: -12940000 USD

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2025 2025-01-01 – 2025-12-31
−USD 7.71 million
Exact value

Exact value: -7707000 USD

2025-01-01 – 2025-12-31: -7707000 USD Inspect Net Income Open source
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−USD 6.63 million
Exact value

Exact value: -6625000 USD

2025-01-01 – 2025-12-31: -6625000 USD Inspect Operating Cash Flow Open source
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USD 11,000
Exact value

Exact value: 11000 USD

2025-01-01 – 2025-12-31: 11000 USD Inspect Capital Expenditure Open source
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−USD 6.64 million
Calculation and evidence

-6625000 − 11000 USD

Exact free cash flow: -6636000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

249 filings · 2,217 latest values · 2,217 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001828253, 1828253, EVAX, edgar:1828253

Also known as Evaxion A/S, Evaxion Biotech A/S