Bavarian Nordic A/S (CPH:BAVA)
Denmark · Delayed Price · Currency is DKK 196.90
+3.30 (1.70%)
May 19, 2026, 12:48 PM CET
Bavarian Nordic Income Statement
Financials in millions DKK. Fiscal year is January - December.
Millions DKK. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 5,955 | 6,244 | 5,716 | 7,062 | 3,151 | 1,898 | |
Revenue Growth (YoY) | -4.43% | 9.23% | -19.06% | 124.14% | 66.02% | 2.46% |
Cost of Revenue | 3,090 | 3,172 | 2,897 | 2,459 | 1,450 | 1,327 |
Gross Profit | 2,865 | 3,072 | 2,819 | 4,603 | 1,701 | 570.93 |
Selling, General & Admin | 1,313 | 1,257 | 1,016 | 808.43 | 588.96 | 484.7 |
Research & Development | 783.33 | 780.3 | 744.04 | 1,670 | 1,183 | 399.16 |
Other Operating Expenses | -0.09 | -0.09 | - | - | - | - |
Operating Expenses | 2,096 | 2,037 | 1,761 | 2,479 | 1,772 | 883.86 |
Operating Income | 769.06 | 1,035 | 1,058 | 2,124 | -70.79 | -312.93 |
Interest Expense | -6.53 | -6.18 | -5.19 | -3.56 | -16.64 | -18.49 |
Interest & Investment Income | 55.02 | 51.04 | 75.68 | 54.55 | 19.57 | 12.78 |
Currency Exchange Gain (Loss) | 26.8 | -12.36 | 41.66 | -12.83 | -7.02 | 5.26 |
Other Non Operating Income (Expenses) | 2.25 | -11.96 | -81.3 | -102.3 | -120.83 | -101.39 |
EBT Excluding Unusual Items | 846.6 | 1,055 | 1,089 | 2,060 | -195.7 | -414.76 |
Merger & Restructuring Charges | -18 | -18 | -80 | -64 | - | - |
Gain (Loss) on Sale of Investments | -4.27 | -6.93 | 7.83 | 30.78 | -190.3 | -39.06 |
Asset Writedown | -23.16 | -23.16 | -38.48 | - | - | -0.62 |
Other Unusual Items | 793.55 | 793.55 | -7.09 | -543.92 | 54.39 | - |
Pretax Income | 1,595 | 1,801 | 971.36 | 1,483 | -331.61 | -454.43 |
Income Tax Expense | 421.15 | 425.58 | -16.62 | 7.75 | 15.77 | 10.35 |
Net Income | 1,174 | 1,375 | 987.98 | 1,475 | -347.38 | -464.78 |
Net Income to Common | 1,174 | 1,375 | 987.98 | 1,475 | -347.38 | -464.78 |
Net Income Growth | -11.17% | 39.21% | -33.03% | - | - | - |
Shares Outstanding (Basic) | 79 | 78 | 78 | 77 | 70 | 63 |
Shares Outstanding (Diluted) | 79 | 78 | 78 | 77 | 70 | 63 |
Shares Change (YoY) | -0.40% | -0.10% | 1.82% | 8.94% | 11.59% | 16.76% |
EPS (Basic) | 14.86 | 17.63 | 12.65 | 19.23 | -4.93 | -7.37 |
EPS (Diluted) | 14.84 | 17.60 | 12.60 | 19.20 | -4.93 | -7.40 |
EPS Growth | -10.71% | 39.68% | -34.38% | - | - | - |
Free Cash Flow | 2,123 | 2,517 | 1,867 | 976.68 | -141.19 | -841.63 |
Free Cash Flow Per Share | 26.88 | 32.25 | 23.91 | 12.73 | -2.00 | -13.34 |
Gross Margin | 48.12% | 49.20% | 49.31% | 65.18% | 54.00% | 30.08% |
Operating Margin | 12.91% | 16.57% | 18.51% | 30.08% | -2.25% | -16.49% |
Profit Margin | 19.71% | 22.03% | 17.28% | 20.89% | -11.03% | -24.49% |
Free Cash Flow Margin | 35.64% | 40.30% | 32.66% | 13.83% | -4.48% | -44.35% |
EBITDA | 1,399 | 1,654 | 1,597 | 2,628 | 290.35 | 35.8 |
EBITDA Margin | 23.50% | 26.48% | 27.94% | 37.21% | 9.21% | 1.89% |
D&A For EBITDA | 630.44 | 618.64 | 538.92 | 504.01 | 361.14 | 348.73 |
EBIT | 769.06 | 1,035 | 1,058 | 2,124 | -70.79 | -312.93 |
EBIT Margin | 12.91% | 16.57% | 18.51% | 30.08% | -2.25% | -16.49% |
Effective Tax Rate | 26.41% | 23.63% | - | 0.52% | - | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.