EVAX Chart
About

Evaxion A/S, a clinical-stage biotech company, develops artificial intelligence-powered immunology vaccines. The company develops EVX-01, which is in phase 2 global multi-center clinical trial for the treatment of metastatic melanoma; EVX-02, a DNA-based cancer vaccine that has completed Phase 1/2a trial to induce a therapeutic immune response in the adjuvant setting in patients with resected melanoma; and EVX-03, DNA-based cancer vaccine for the treatment of various cancers, including non-small cell lung cancer. Its programs also include vaccines that are in pre-clinical stage, which includes EVX-B1 for the prevention of S. aureus-induced skin and soft tissue infections in patients undergoing elective abdominal hernia surgery; EVX-B2 to target diseases caused by N. gonorrhoeae; EVX-B3 for eliciting strong humoral antibody and cellular immune response to the bacterial pathogen; and EVX-V1, a viral vaccine product candidate for targeting Cytomegalovirus. The company was formerly known as Evaxion Biotech A/S and changed its name to Evaxion A/S in May 2025. Evaxion A/S was incorporated in 2008 and is based in Horsholm, Denmark.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Biotechnology Market Cap 28.94M
Enterprise Value 1.09B Income -5.42M Sales 7.65M
Book/sh 2.61 Cash/sh 0.03 Dividend Yield —
Payout 0.00% Employees 46 IPO —
P/E — Forward P/E -231.33 PEG —
P/S 3.78 P/B 1.33 P/C —
EV/EBITDA -123.53 EV/Sales 142.88 Quick Ratio —
Current Ratio — Debt/Eq — LT Debt/Eq —
EPS (ttm) -4.00 EPS next Y -0.01 EPS Growth —
Revenue Growth 148.30% Earnings 2025-11-06 07:00 ROA -25.62%
ROE -64.99% ROIC — Gross Margin 100.00%
Oper. Margin 40.35% Profit Margin -70.82% Shs Outstand 8.34M
Shs Float 212.41M Short Float 1.00% Short Ratio 0.90
Short Interest — 52W High 12.15 52W Low 1.20
Beta 0.29 Avg Volume 78.71K Volume 17.67K
Target Price $11.75 Recom Strong_buy Prev Close $3.24
Price $3.47 Change 7.10%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$11.75
Mean price target
2. Current target
$3.47
Latest analyst target
3. DCF / Fair value
$11.75
Proxy: analyst mean price target (no FCF/EPS data available).
Ratings
Current target
$3.47
Low
$10.00
High
$16.00
Mean
$11.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-10-30 init Edward Jones — → Buy $10
2025-10-20 main Lake Street Buy → Buy $11
2025-10-20 reit HC Wainwright & Co. Buy → Buy $16
2025-09-25 main HC Wainwright & Co. Buy → Buy $16
2025-04-02 reit HC Wainwright & Co. Buy → Buy $14
2025-02-20 reit HC Wainwright & Co. Buy → Buy $14
2025-02-04 main Lake Street Buy → Buy $6
2025-02-03 reit HC Wainwright & Co. Buy → Buy $14
2024-11-01 reit HC Wainwright & Co. Buy → Buy $14
2024-09-26 reit HC Wainwright & Co. Buy → Buy $14
2024-09-20 reit HC Wainwright & Co. Buy → Buy $14
2024-08-16 reit HC Wainwright & Co. Buy → Buy $14
2024-08-01 reit HC Wainwright & Co. Buy → Buy $14
2024-06-04 reit HC Wainwright & Co. Buy → Buy $14
2024-04-03 reit HC Wainwright & Co. Buy → Buy $14
2024-04-02 up Ladenburg Thalmann Neutral → Buy $8
2024-03-20 reit HC Wainwright & Co. Buy → Buy $14
2024-02-12 init HC Wainwright & Co. — → Buy $14
Insider Transactions

No recent insider transactions.

Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems285.95K1.00K84.32K12.83K
TaxRateForCalcs0.070.040.040.01
NormalizedEBITDA-13.87M-21.43M-24.68M-25.49M
TotalUnusualItems4.08M25.00K2.11M1.28M
TotalUnusualItemsExcludingGoodwill4.08M25.00K2.11M1.28M
NetIncomeFromContinuingOperationNetMinorityInterest-10.57M-22.12M-23.17M-24.53M
ReconciledDepreciation607.00K615.00K571.00K344.00K
EBITDA-9.79M-21.40M-22.57M-24.21M
EBIT-10.39M-22.02M-23.14M-24.55M
NetInterestIncome-708.00K-743.00K-785.00K-159.00K
InterestExpense962.00K897.00K798.00K159.00K
InterestIncome254.00K154.00K13.00K0.00
NormalizedIncome-14.37M-22.15M-25.19M-25.80M
NetIncomeFromContinuingAndDiscontinuedOperation-10.57M-22.12M-23.17M-24.53M
TotalExpenses18.08M22.27M25.26M25.83M
TotalOperatingIncomeAsReported-14.73M-22.20M-25.26M-25.83M
DilutedAverageShares1.07M546.72K472.77K389.86K
BasicAverageShares1.07M546.72K472.77K389.86K
DilutedEPS-10.00-40.50-49.00-63.00
BasicEPS-10.00-40.50-49.00-63.00
DilutedNIAvailtoComStockholders-10.57M-22.12M-23.17M-24.53M
NetIncomeCommonStockholders-10.57M-22.12M-23.17M-24.53M
NetIncome-10.57M-22.12M-23.17M-24.53M
NetIncomeIncludingNoncontrollingInterests-10.57M-22.12M-23.17M-24.53M
NetIncomeContinuousOperations-10.57M-22.12M-23.17M-24.53M
TaxProvision-788.00K-790.00K-772.00K-178.00K
PretaxIncome-11.36M-22.91M-23.94M-24.71M
OtherIncomeExpense4.08M25.00K2.11M1.28M
GainOnSaleOfSecurity4.08M25.00K2.11M1.28M
NetNonOperatingInterestIncomeExpense-708.00K-743.00K-785.00K-159.00K
InterestExpenseNonOperating962.00K897.00K798.00K159.00K
InterestIncomeNonOperating254.00K154.00K13.00K0.00
OperatingIncome-14.73M-22.20M-25.26M-25.83M
OperatingExpense18.08M22.27M25.26M25.83M
DepreciationAmortizationDepletionIncomeStatement302.00K275.00K144.00K71.00K
DepreciationAndAmortizationInIncomeStatement302.00K275.00K144.00K71.00K
DepreciationIncomeStatement302.00K275.00K144.00K71.00K
ResearchAndDevelopment10.46M11.92M17.06M19.58M
SellingGeneralAndAdministration7.32M10.08M8.06M6.18M
GeneralAndAdministrativeExpense7.32M10.08M8.06M6.18M
OtherGandA4.73M6.95M5.90M4.03M
SalariesAndWages2.59M3.13M2.17M2.15M
TotalRevenue3.34M73.00K0.000.00
OperatingRevenue3.34M73.00K0.000.00
Line Item2023-12-31
TreasurySharesNumber0.00
OrdinarySharesNumber70.13M37.90M24.14M23.20M
ShareIssued70.13M37.90M24.14M23.20M
NetDebt3.12M4.46M
TotalDebt10.10M10.87M10.26M3.69M
TangibleBookValue-1.65M-4.73M8.30M32.34M
InvestedCapital6.51M3.92M16.30M33.61M
WorkingCapital4.40M1.27M13.22M30.38M
NetTangibleAssets-1.65M-4.73M8.30M32.34M
CapitalLeaseObligations1.93M2.22M2.25M2.52M
CommonStockEquity-1.65M-4.73M8.30M32.44M
TotalCapitalization6.36M3.76M16.17M33.48M
TotalEquityGrossMinorityInterest-1.65M-4.73M8.30M32.44M
StockholdersEquity-1.65M-4.73M8.30M32.44M
OtherEquityInterest14.02M13.66M13.19M
GainsLossesNotAffectingRetainedEarnings-3.60M-3.77M-3.65M-1.32M
OtherEquityAdjustments79.11M
ForeignCurrencyTranslationAdjustments-3.60M-3.77M-3.65M-1.32M
RetainedEarnings-118.54M-107.97M-85.84M-50.43M
AdditionalPaidInCapital95.94M87.45M80.73M80.43M
CapitalStock10.52M5.90M3.89M3.75M
CommonStock10.52M5.90M3.89M3.75M
TotalLiabilitiesNetMinorityInterest14.14M17.62M13.72M7.73M
TotalNonCurrentLiabilitiesNetMinorityInterest9.77M10.53M9.96M3.40M
OtherNonCurrentLiabilities10.00K
LongTermDebtAndCapitalLeaseObligation9.63M10.38M9.82M3.25M
LongTermCapitalLeaseObligation1.62M1.90M1.95M2.21M
LongTermDebt8.01M8.49M7.86M1.04M
LongTermProvisions141.00K149.00K144.00K153.00K
CurrentLiabilities4.37M7.08M3.76M4.32M
OtherCurrentLiabilities67.00K3.02M885.00K46.00K
CurrentDebtAndCapitalLeaseObligation473.00K485.00K439.00K440.00K
CurrentCapitalLeaseObligation314.00K326.00K303.00K314.00K
CurrentDebt159.00K159.00K136.00K126.00K
OtherCurrentBorrowings159.00K159.00K136.00K126.00K
PensionandOtherPostRetirementBenefitPlansCurrent860.00K894.00K353.00K989.00K
PayablesAndAccruedExpenses2.97M2.69M2.08M2.85M
Payables2.97M2.69M2.08M2.85M
OtherPayable312.00K46.00K
AccountsPayable2.97M2.69M2.08M2.85M
TotalAssets12.48M12.89M22.02M40.16M
TotalNonCurrentAssets3.72M4.54M5.04M5.46M
NonCurrentPrepaidAssets162.00K167.00K156.00K191.00K
NonCurrentDeferredAssets0.00
NonCurrentDeferredTaxesAssets0.00
NonCurrentAccountsReceivable44.00K29.00K209.00K
GoodwillAndOtherIntangibleAssets0.0093.00K
NetPPE3.51M4.34M4.67M5.17M
AccumulatedDepreciation-1.53M-1.17M-721.00K-316.00K
GrossPPE5.05M5.51M5.40M5.49M
Leases1.16M1.39M1.44M1.51M
OtherProperties3.89M4.12M3.96M3.98M
Properties0.000.000.000.00
CurrentAssets8.77M8.35M16.98M34.70M
CurrentDeferredAssets0.00
RestrictedCash900.00K1.40M
PrepaidAssets955.00K1.69M2.49M638.00K
Receivables1.86M1.07M1.31M1.90M
OtherReceivables102.00K117.00K231.00K676.00K
TaxesReceivable1.76M958.00K1.08M1.23M
CashCashEquivalentsAndShortTermInvestments5.05M4.18M13.18M32.17M
CashAndCashEquivalents5.05M4.18M13.18M32.17M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-12.94M-17.78M-26.07M-23.29M
RepaymentOfDebt-1.14M-697.00K-424.00K-289.00K
IssuanceOfDebt0.0065.00K7.85M0.00
IssuanceOfCapitalStock16.55M9.17M428.00K53.85M
CapitalExpenditure-87.00K-292.00K-1.36M
EndCashPosition5.95M5.58M13.18M32.17M
BeginningCashPosition5.58M13.18M32.17M5.83M
EffectOfExchangeRateChanges183.00K-508.00K-793.00K-210.00K
ChangesInCash186.00K-7.09M-18.19M26.54M
FinancingCashFlow13.13M10.69M7.85M49.80M
CashFlowFromContinuingFinancingActivities13.13M10.69M7.85M49.80M
NetOtherFinancingCharges-2.29M-432.00K-3.76M
ProceedsFromStockOptionExercised0.002.59M0.000.00
NetCommonStockIssuance16.55M9.17M428.00K53.85M
CommonStockIssuance16.55M9.17M428.00K53.85M
NetIssuancePaymentsOfDebt-1.14M-632.00K7.42M-289.00K
NetLongTermDebtIssuance-1.14M-632.00K7.42M-289.00K
LongTermDebtPayments-1.14M-697.00K-424.00K-289.00K
LongTermDebtIssuance0.0065.00K7.85M0.00
InvestingCashFlow-3.00K-93.00K-268.00K-1.33M
CashFlowFromContinuingInvestingActivities-3.00K-93.00K-268.00K-1.33M
NetInvestmentPurchaseAndSale-3.00K-6.00K24.00K30.00K
SaleOfInvestment24.00K30.00K
PurchaseOfInvestment-3.00K-6.00K
NetIntangiblesPurchaseAndSale0.000.000.00-60.00K
PurchaseOfIntangibles0.000.000.00-60.00K
NetPPEPurchaseAndSale0.00-87.00K-292.00K-1.30M
SaleOfPPE24.00K30.00K
PurchaseOfPPE0.00-87.00K-292.00K-1.30M
OperatingCashFlow-12.94M-17.69M-25.77M-21.93M
CashFlowFromContinuingOperatingActivities-12.94M-17.69M-25.77M-21.93M
TaxesRefundPaid0.001.60M754.00K846.00K
InterestReceivedCFO254.00K154.00K13.00K0.00
InterestPaidCFO-56.00K-65.00K-172.00K-25.00K
ChangeInWorkingCapital520.00K1.56M-2.88M1.24M
ChangeInPayablesAndAccruedExpense146.00K455.00K-1.39M-626.00K
ChangeInPayable146.00K455.00K-1.39M-626.00K
ChangeInAccountPayable449.00K502.00K-599.00K-647.00K
ChangeInReceivables374.00K1.11M-1.49M1.86M
OtherNonCashItems641.00K1.36M-530.00K-992.00K
StockBasedCompensation357.00K479.00K942.00K1.38M
AssetImpairmentCharge0.000.0087.00K0.00
DeferredTax-813.00K-984.00K-998.00K-190.00K
DeferredIncomeTax-813.00K-984.00K-998.00K-190.00K
DepreciationAmortizationDepletion607.00K615.00K571.00K344.00K
DepreciationAndAmortization607.00K615.00K571.00K344.00K
Depreciation607.00K615.00K571.00K344.00K
OperatingGainsLosses-3.88M-282.00K-395.00K
GainLossOnInvestmentSecurities-3.88M-282.00K-395.00K
NetIncomeFromContinuingOperations-10.57M-22.12M-23.17M-24.53M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

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