Bavarian Nordic A/S (CPH:BAVA)

Denmark · Delayed Price · Currency is DKK

176.40

0.00 (0.00%)

Aug 10, 2026, 4:59 PM CET

Bavarian Nordic Financials Overview

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Revenue	5,955	6,244	5,716
Revenue Growth	-4.43%	9.23%	-
Gross Profit	2,842	3,049	2,819
Operating Income	1,538	1,804	939.77
Net Income	1,174	1,375	987.98
Earnings Per Share	15.10	17.60	12.60
EPS Growth	-9.58%	39.68%	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
USA	2,697	2,703	2,577	841.53	1,067
Germany	1,160	972.76	714.14	650.21	258.29
France	723.95	268.77	740.26	268.19	26.09
Canada	223.46	493.21	1,556	197.28	10.52
Japan	29.58	38.17	-	-	-
England	213.59	98.64	-	-	-
Finland	182.51	98.47	15.72	-	-
Singapore	137.98	124.65	42.04	-	-
Switzerland	108.33	52.59	107.74	70.99	24.14
Australia	80.31	17.1	338.08	97.66	2.5
Saudi Arabia	72.6	265.73	4.84	100.44	-
Other Geographic Markets	518.95	472.9	371.66	289.47	228.15
Spain	35.36	54.73	429.66	11.97	-
Italy	35.02	26.38	-	-	-
Austria	25.31	29.22	-	-	-
Total	6,244	5,716	7,062	3,151	1,898

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Investments	2,292	3,334	2,175
Total Debt	139.28	130.87	128.25
Net Cash (Debt)	2,153	3,203	2,047
Net Cash Growth	92.42%	56.47%	-
Net Cash Per Share	27.70	41.04	26.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Operating Cash Flow	2,357	2,722	1,950
Capital Expenditures	-234.61	-205.29	-82.66
Free Cash Flow	2,123	2,517	1,867
Free Cash Flow Growth	105.96%	34.78%	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Gross Margin	47.73%	48.83%	49.31%
Operating Margin	25.82%	28.89%	16.44%
Pretax Margin	26.78%	28.84%	16.99%
Profit Margin	19.71%	22.03%	17.28%
FCF Margin	35.64%	40.30%	32.66%

Valuation

Fiscal Year	Current	FY 2025	FY 2024
Period Ending	Aug '26 Aug 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
PE Ratio	11.89	10.84	15.03
Forward PE	18.23	18.22	9.77
P/FCF Ratio	6.35	5.94	7.92
PS Ratio	2.26	2.39	2.59