Evaxion A/S posts Q3 net profit of $4.6 million on revenue of $7.5 million

Reuters

11/06

Evaxion A/S posts Q3 net profit of $4.6 million on revenue of $7.5 million

Evaxion A/S reported revenue of $7.5 million for the three months ended September 30, 2025, up from $3.0 million in the same period of 2024. For the nine months ended September 30, 2025, revenue was $7.5 million compared to $3.2 million in 2024. The company posted a net gain of $4.6 million for the third quarter of 2025, reversing a net loss of $1.9 million in the prior year period. For the nine-month period, the net loss was $1.8 million, an improvement from a net loss of $6.9 million in 2024. Cash and cash equivalents stood at $10.6 million as of September 30, 2025, compared to $6.0 million at year-end 2024. Evaxion noted that investor warrants exercised in October 2025 are expected to reduce related derivative liability impacts to a nominal level by year end. The company projects an operational cash burn of approximately $14 million in 2025 and stated that its equity and market capitalization remain above Nasdaq requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evaxion A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001137337-en) on November 06, 2025, and is solely responsible for the information contained therein.

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For the nine months ended September 30, 2025, revenue was $7.5 million compared to $3.2 million in 2024. The company posted a net gain of $4.6 million for the third quarter of 2025, reversing a net loss of $1.9 million in the prior year period. For the nine-month period, the net loss was $1.8 million, an improvement from a net loss of $6.9 million in 2024. Cash and cash equivalents stood at $10.6 million as of September 30, 2025, compared to $6.0 million at year-end 2024. Evaxion noted that investor warrants exercised in October 2025 are expected to reduce related derivative liability impacts to a nominal level by year end. The company projects an operational cash burn of approximately $14 million in 2025 and stated that its equity and market capitalization remain above Nasdaq requirements.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evaxion A/S published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001137337-en) on November 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251106:nNDL6kK1Sy:1","article_id":"2581606390","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2581606390","pubTimestamp":1762432272,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Evaxion A/S reported revenue of $7.5 million for the three months ended September 30, 2025, up from $3.0 million in the same period of 2024. 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For the nine months ended September 30, 2025, revenue was $7.5 million compared to $3.2 million in 2024. The company posted a net gain of $4.6 million for the third quarter of 2025, reversing a net loss of $1.9 million in the prior year period. For the nine-month period, the net loss was $1.8 million, an improvement from a net loss of $6.9 million in 2024. Cash and cash equivalents stood at $10.6 million as of September 30, 2025, compared to $6.0 million at year-end 2024. Evaxion noted that investor warrants exercised in October 2025 are expected to reduce related derivative liability impacts to a nominal level by year end. The company projects an operational cash burn of approximately $14 million in 2025 and stated that its equity and market capitalization remain above Nasdaq requirements.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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