ExpreS2ion Biotech Holding AB

ExpreS2ion Biotech Holding AB

1.08
SEK
+0.02
(+1.89%)
-0.93EPS
36.34MMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
5
9.84
7.35
8.56
1.94
4.22
1.54
1.67
0.4
0.37
0.39
Basic EPS, GAAP
1.16
0.47
-14.2
-9.18
-9.88
-13.95
-12.63
-11.7
-15.17
-35.81
-21.71
-4.84
-3.85
-3.62
Free Cash Flow per Basic Share
- -
- -
- -
-8.32
-8.86
-11.36
-9.78
-7.03
-16.01
-30.19
-24.44
-4.68
-4.14
-4.84
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.25
3.95
-10.11
14.1
6.77
6.88
-0.79
36.84
48.46
31.2
15.53
8.71
3.61
1.76
Tangible Book Value per Share
3.25
3.95
-10.11
1.11
-3.42
-0.09
-5.48
35.24
47.37
30.31
14.94
8.43
3.46
1.7
Basic Weighted Avg Shares
1
1
1
1
1
1
1
3
3
3
4
7
10
10
Sales/Revenue/Turnover
- -
- -
- -
5
10
9
12
5
12
5
7
3
4
4
Operating Margin (%)
- -
- -
- -
-196.95
-111.55
-190.9
-144.11
-593.19
-395.59
-2,508.97
-1,503.05
-2,246.76
-1,210.56
-1,142.53
Depreciation Expense
- -
- -
- -
1
2
3
3
3
2
1
2
2
1
1
Net Income, GAAP
1
- -
-8
-9
-10
-17
-17
-32
-44
-119
-91
-36
-38
-36
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
-183.53
-100.41
-189.69
-147.6
-603.02
-359.04
-2,331.99
-1,296.47
-1,196.08
-1,041.43
-935.91
Working Capital
1
2
-6
8
4
6
-2
94
139
101
57
57
29
35
LT Debt
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
1
1
1
- -
Total Equity
2
2
-6
13
7
8
-1
95
140
103
65
65
36
42
Return on Invested Capital (%)
- -
11.43
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
13.87
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
13.06
- -
- -
-100.27
-223.73
- -
- -
-37.4
-97.35
-108.36
-55.37
-75.8
-85.17

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1
1
1
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
24
Market Capitalization
56
25
36

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
58
43
50
Cash, Cash Equivalents & STI
48
22
34
Accounts Receivable, Net
1
1
3
Inventories
- -
- -
- -
Total Current Liabilities
28
23
15
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-937.49%
-12.09%
-44.93%
Free Cash Flow
- -
42.64%
17.55%
Net Income, GAAP
30.45%
26.14%
5.68%
Sales/Revenue/Turnover
- -
15.39%
21.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
- -
1
3
2025
1
2
- -
- -
4
2026
1
2
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.57
0.71
-1.91
-2.45
-4.84
2025
-1.54
-1.35
-1.13
-0.86
-3.85
2026
-0.97
-0.75
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Bent U. Frandsen
Full Time Employees
20
Sector
Health technology
Industry
Biotechnology
Address
Rönnowsgatan 8c Hørsholm Denmark 252 25
IPO Date
Jul 29, 2016
Business
ExpreS2ion Biotech Holding AB (publ) (Nasdaq First North Growth Market Sweden: EXPRS2) develops innovative vaccines and biologics for infectious diseases and cancer using its proprietary ExpreS2 recombinant protein expression platform, a non-viral Drosophila S2 insect cell system that enables high-yield production of complex proteins and virus-like particles (VLPs); core offerings include the therapeutic breast cancer vaccine ES2B-C001 targeting all four extracellular domains of the HER2 receptor, cytomegalovirus vaccine candidate ES2B-I002, influenza vaccines via the MucoVax consortium with University of Copenhagen, Nipah virus vaccines in collaboration with University of Oxford, blood-stage malaria vaccines RH5.1 and R78C licensed to Serum Institute of India, and contract research services such as fee-for-service protein expression, platform licensing to pharmaceutical companies and research institutes, and sales of ExpreS2 test kits and reagents for R&D and diagnostics. Founded in 2010 and headquartered in Hørsholm, Denmark, the Sweden-domiciled company operates primarily in Europe with a workforce of approximately 20 employees and holds a 34% stake in joint venture AdaptVac ApS, which provides plug-and-play capsid VLP technology for oncology, infectious diseases, and immunological disorders; it targets global markets including biopharma partners, research institutions, and patients with unmet needs in immunotherapy and prophylaxis. Recent developments include the November 2025 execution of a definitive global licensing agreement with Serum Institute of India Pvt. Ltd. for RH5.1 (Phase II) and R78C malaria vaccines utilizing the ExpreS2 platform, entitling ExpreS2ion to upfront and low single-digit euro milestone payments plus royalties below 1% to mid-single digits on net sales; positive Phase I immunogenicity data from the first ES2B-C001 patient in September 2025 showing significant HER2-specific antibody responses; acknowledgment in July 2025 of JPY 800 million (EUR 4.6 million) GHIT Fund support for a malaria VLP project via AdaptVac; an Infrastructure-as-a-Service agreement with Technical University of Denmark for high-performance computing access; successful TO 11 warrant exercises raising SEK 10.4 million net; and advancements in University of Oxford malaria programs. The dual business model balances near-term revenues from contract research organization activities with long-term value from proprietary pipeline progression through early clinical proof-of-concept prior to partnerships, as exemplified by prior deals with Bavarian Nordic for COVID-19 vaccine ABNCoV2 and a letter of intent with WuXi Vaccines in April 2025 for industrial-scale evaluation.