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Stock impact report

When Will Evaxion Biotech A/S (NASDAQ:EVAX) Turn A Profit? [Yahoo! Finance]

Evaxion Biotech A/S - American Depositary Share (EVAX) 
Company Research Source: Yahoo! Finance
Evaxion Biotech A/S, a clinical-stage biotech company, engages in developing artificial intelligence-powered immunotherapies. With the latest financial year loss of US$23m and a trailing-twelve-month loss of US$24m, the US$24m market-cap company amplified its loss by moving further away from its breakeven target. Many investors are wondering about the rate at which Evaxion Biotech will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts' expectations for the company. See our latest analysis for Evaxion Biotech Consensus from 3 of the American Biotechs analysts is that Evaxion Biotech is on the verge of breakeven. They anticipate the company to incur a final loss in 2024, before generating positive profits of US$26m in 2025. Therefore, the company is expected to breakeven just over a year from today. In order to meet this breakeven date, we calculated the rate at which the company must gro Show less Read more
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