# Evaxion A/S: Form 20-F for the period ended Dec 31, 2025

- Company: [Evaxion A/S](/companies/evax.md) (CIK 1828253)
- Form: 20-F
- Filed: 2026-03-05
- Accepted by EDGAR: Mar 5, 2026, 09:25 ET
- Period: 2025-12-31
- Accession: 0001171843-26-001346
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1828253/000117184326001346/evax20251231_20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1828253/000117184326001346/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2025-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2025-01-01 to 2025-12-31 | $7.5m | ifrs-full:Revenue |
| Operating income | 12 months, 2025-01-01 to 2025-12-31 | −$9.2m | ifrs-full:ProfitLossFromOperatingActivities |
| Income tax | 12 months, 2025-01-01 to 2025-12-31 | −$908.0k | ifrs-full:IncomeTaxExpenseContinuingOperations |
| Net income | 12 months, 2025-01-01 to 2025-12-31 | −$7.7m | ifrs-full:ProfitLossAttributableToOwnersOfParent |
| Basic EPS | 12 months, 2025-01-01 to 2025-12-31 | −$0.02 | ifrs-full:BasicEarningsLossPerShare |
| Operating cash flow | 12 months, 2025-01-01 to 2025-12-31 | −$6.6m | ifrs-full:CashFlowsFromUsedInOperatingActivities |
| Capital expenditure | 12 months, 2025-01-01 to 2025-12-31 | $11.0k | ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities |
| Cash and equivalents | at 2025-12-31 | $23.2m | ifrs-full:CashAndCashEquivalents |
| Current assets | at 2025-12-31 | $24.9m | ifrs-full:CurrentAssets |
| Total assets | at 2025-12-31 | $28.4m | ifrs-full:Assets |
| Current liabilities | at 2025-12-31 | $4.3m | ifrs-full:CurrentLiabilities |
| Total liabilities | at 2025-12-31 | $11.4m | ifrs-full:Liabilities |
| Shareholders' equity | at 2025-12-31 | $17.0m | ifrs-full:Equity |
| Shares outstanding | at 2025-12-31 | 417,010,756 shares | dei:EntityCommonStockSharesOutstanding |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1828253/000117184326001346/evax20251231_20f.htm

Filed Mar 5, 2026.
Source: SEC EDGAR, the filing index for accession 0001171843-26-001346. Last ingested by Listed: Nov 12, 2026, 18:11 ET. No prices; not investment advice.