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Side-by-side financial comparison of Evaxion A/S (EVAX) and Check-Cap Ltd (MBAI). Click either name above to swap in a different company.

Check-Cap Ltd is the larger business by last-quarter revenue ($47.9K vs $37.0K, roughly 1.3× Evaxion A/S). Check-Cap Ltd runs the higher net margin — 2.3% vs -13056.8%, a 13059.0% gap on every dollar of revenue.

Evaxion A/S is a Danish clinical-stage biotechnology company that leverages proprietary artificial intelligence platforms to develop targeted immunotherapies. Its core pipeline includes personalized cancer vaccines, off-the-shelf immuno-oncology treatments, and novel infectious disease therapies, advancing programs through partnerships with global pharmaceutical stakeholders.

Check-Cap Ltd is a clinical-stage medical technology company specializing in non-invasive colorectal cancer screening solutions. Its core offering is an ingestible imaging capsule that requires no prior bowel preparation, targeting global healthcare markets to boost accessibility of early colon cancer detection for at-risk patient groups.

EVAX vs MBAI — Head-to-Head

Bigger by revenue
MBAI
MBAI
1.3× larger
MBAI
$47.9K
$37.0K
EVAX
Higher net margin
MBAI
MBAI
13059.0% more per $
MBAI
2.3%
-13056.8%
EVAX

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
EVAX
EVAX
MBAI
MBAI
Revenue
$37.0K
$47.9K
Net Profit
$-4.8M
$1.1K
Gross Margin
5.2%
Operating Margin
-11729.7%
2.9%
Net Margin
-13056.8%
2.3%
Revenue YoY
-76.0%
Net Profit YoY
22.1%
100.0%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EVAX
EVAX
MBAI
MBAI
Q4 25
$47.9K
Q2 25
$37.0K
Q2 24
$154.0K
Q2 23
$0
Net Profit
EVAX
EVAX
MBAI
MBAI
Q4 25
$1.1K
Q2 25
$-4.8M
Q2 24
$-6.2M
Q2 23
$-5.7M
Gross Margin
EVAX
EVAX
MBAI
MBAI
Q4 25
5.2%
Q2 25
Q2 24
Q2 23
Operating Margin
EVAX
EVAX
MBAI
MBAI
Q4 25
2.9%
Q2 25
-11729.7%
Q2 24
-2974.7%
Q2 23
Net Margin
EVAX
EVAX
MBAI
MBAI
Q4 25
2.3%
Q2 25
-13056.8%
Q2 24
-4024.7%
Q2 23
EPS (diluted)
EVAX
EVAX
MBAI
MBAI
Q4 25
Q2 25
Q2 24
Q2 23
$-0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EVAX
EVAX
MBAI
MBAI
Cash + ST InvestmentsLiquidity on hand
$14.7M
$94.3K
Total DebtLower is stronger
$9.2M
Stockholders' EquityBook value
$6.2M
$1.4K
Total Assets
$22.4M
$184.9K
Debt / EquityLower = less leverage
1.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EVAX
EVAX
MBAI
MBAI
Q4 25
$94.3K
Q2 25
$14.7M
Q2 24
$8.0M
Q2 23
$7.1M
Total Debt
EVAX
EVAX
MBAI
MBAI
Q4 25
Q2 25
$9.2M
Q2 24
$8.4M
Q2 23
$8.2M
Stockholders' Equity
EVAX
EVAX
MBAI
MBAI
Q4 25
$1.4K
Q2 25
$6.2M
Q2 24
$1.3M
Q2 23
$2.5M
Total Assets
EVAX
EVAX
MBAI
MBAI
Q4 25
$184.9K
Q2 25
$22.4M
Q2 24
$15.2M
Q2 23
$16.8M
Debt / Equity
EVAX
EVAX
MBAI
MBAI
Q4 25
Q2 25
1.48×
Q2 24
6.72×
Q2 23
3.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EVAX
EVAX
MBAI
MBAI
Operating Cash FlowLast quarter
$-89.2K
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-81.94×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EVAX
EVAX
MBAI
MBAI
Q4 25
$-89.2K
Q2 25
Q2 24
Q2 23
Cash Conversion
EVAX
EVAX
MBAI
MBAI
Q4 25
-81.94×
Q2 25
Q2 24
Q2 23

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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