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Healthcare - Biotechnology - NASDAQ - GB
$ 1.79
-5.79 %
$ 7.77 M
Market Cap
-0.53
P/E
1. INTRINSIC VALUE

Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits, and med-tech and PPE products for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. The company provides rapid antibody IgC/IgM tests, antigen tests, polymerase chain reaction rapid tests, and neutralizing antibody tests under the ViraxClear brand name; and med-tech and PPE products, such as employee protection equipment products under the ViraxCare brand name, as well as infrared thermometers, pulse oximeters, masks, gloves, and other PPE products. It also distributes nebulizing machines and smart wearable devices that alert employees to help them follow social distance guidelines.[ Read More ]

The intrinsic value of one VRAX stock under the base case scenario is HIDDEN Compared to the current market price of 1.79 USD, Virax Biolabs Group Limited is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart VRAX

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FINANCIALS
156 K REVENUE
1727.11%
-6.5 M OPERATING INCOME
-13.32%
-6.74 M NET INCOME
-23.48%
-6.25 M OPERATING CASH FLOW
-49.46%
-1.16 M INVESTING CASH FLOW
-552.71%
1.65 M FINANCING CASH FLOW
-87.96%
79.9 K REVENUE
4.47%
-3.79 M OPERATING INCOME
-40.06%
-3.82 M NET INCOME
-31.42%
-2.79 M OPERATING CASH FLOW
19.33%
-456 K INVESTING CASH FLOW
35.57%
1.73 M FINANCING CASH FLOW
2291.27%
Balance Sheet Decomposition Virax Biolabs Group Limited
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Current Assets 4.38 M
Cash & Short-Term Investments 3.59 M
Receivables 218 K
Other Current Assets 573 K
Non-Current Assets 1.1 M
Long-Term Investments 0
PP&E 1.1 M
Other Non-Current Assets 0
Current Liabilities 169 K
Accounts Payable 45.6 K
Short-Term Debt 48 K
Other Current Liabilities 75.3 K
Non-Current Liabilities 176 K
Long-Term Debt 176 K
Other Non-Current Liabilities 0
EFFICIENCY
Earnings Waterfall Virax Biolabs Group Limited
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Revenue 156 K
Cost Of Revenue 106 K
Gross Profit 50.6 K
Operating Expenses 6.55 M
Operating Income -6.5 M
Other Expenses 243 K
Net Income -6.74 M
RATIOS
32.34% GROSS MARGIN
32.34%
-4153.25% OPERATING MARGIN
-4153.25%
-4304.81% NET MARGIN
-4304.81%
-125.47% ROE
-125.47%
-122.79% ROA
-122.79%
-121.05% ROIC
-121.05%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Virax Biolabs Group Limited
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Net Income -6.74 M
Depreciation & Amortization 103 K
Capital Expenditures -1.16 M
Stock-Based Compensation 1.01 M
Change in Working Capital -1.12 M
Others 228 K
Free Cash Flow -7.41 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Virax Biolabs Group Limited
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VRAX has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Virax Biolabs Group Limited
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Virax Biolabs Announces Distribution Agreement with Europa Biosite to Commercialize ImmuneSelect in the United Kingdom and Ireland LONDON , Oct. 23, 2024 /PRNewswire/ -- Virax Biolabs Group Limited (NASDAQ: VRAX) ("Virax" or the "Company"), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, today announced that it has entered into a distribution agreement with Europa Biosite to commercialize the company's ImmuneSelect Research Use portfolio in the United Kingdom and Ireland through its wholly owned subsidiary Cambridge Bioscience. "ImmuneSelect is an important suite of profiling solutions for assessing adaptive immunity and we are pleased to partner with Europa Biosite, a leader in life science distribution across Europe," said James Foster, CEO of Virax Biolabs. prnewswire.com - 3 weeks ago
Virax Biolabs Announces Extension of Existing Exclusive Distribution Agreement to Market Mpox (formerly Monkeypox) Virus Real-Time PCR Detection Kits with Cosmos Health Inc. LONDON , Sept. 16, 2024 /PRNewswire/ -- Virax Biolabs Group Limited (NASDAQ: VRAX) ("Virax" or the "Company"), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, today announced that it has entered into an extension of its already existing exclusive distribution agreement with Cosmos Health Inc. (Nasdaq: COSM) ("Cosmos") to commercialize Mpox Virus Real-Time PCR Detection Kits in countries in the Gulf Cooperation Council ("GCC"). prnewswire.com - 2 months ago
Cosmos Health Secures Exclusivity Agreement with Virax Biolabs to Distribute mpox PCR Kits across the GCC, including the UAE, Saudi Arabia, Bahrain, Kuwait, Oman, and Qatar CHICAGO, IL / ACCESSWIRE / September 16, 2024 / Cosmos Health Inc. ("Cosmos Health" or the "Company'') (NASDAQ:COSM) , a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today that it has entered into an extension of its existing exclusive distribution agreement with Virax Biolabs (NASDAQ: VRAX) to commercialize mpox virus real-time PCR detection kits in countries within the Gulf Cooperation Council ("GCC"). It had previously signed an agreement for exclusive distribution in Greece and Cyprus, as well as for non-exclusive distribution throughout Europe. accesswire.com - 2 months ago
Virax Biolabs Presents at H.C. Wainwright's 26th Annual Global Investment Conference LONDON , Sept. 9, 2024 /PRNewswire/ -- Virax Biolabs ("Virax" or the "Company") (NASDAQ: VRAX), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, today announced that Chief Operating Officer, Dr Nigel McCracken is presenting at H.C. prnewswire.com - 2 months ago
Virax Biolabs to Participate at 7th European Congress of Immunology LONDON , Aug. 29, 2024 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, announced today it will be hosting a booth at the 7th European Congress of Immunology (ECI), which is taking place from September 1 - 4, 2024, in Dublin, Ireland. The Company will be showcasing its portfolio of immune profiling products for research use at Booth C13, and management will be available for discussions with research organizations and potential customers. prnewswire.com - 2 months ago
Virax Biolabs stock soars 45% on Mpox detection kit deal: What you need to know Virax Biolabs Group Ltd (NASDAQ: VRAX) saw its shares surge by approximately 45% on Wednesday after announcing a partnership with a leading supplier of Mpox detection kits. The partnership grants Virax the rights to sell RT-PCR tests for Mpox across more than a dozen European countries and several Middle Eastern nations. invezz.com - 2 months ago
Virax Biolabs Announces Distribution Agreement to Commercialize Mpox (formerly Monkeypox) Virus RT-PCR Detection Kits in Europe and the Middle East LONDON , Aug. 28, 2024 /PRNewswire/ -- Virax Biolabs Group Limited (NASDAQ: VRAX) ("Virax" or the "Company"), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, today announced that it has entered into a distribution agreement with a supplier of (RT) PCR Mpox virus detection kits to commercialize them in 13 European countries as well as members of the Gulf Cooperation Council ("GCC") including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The RT PCR Mpox virus detection kits are CE-marked for sale in Europe and also authorized by the Medicines and Healthcare products Regulatory Agency (MHRA), the product regulatory agency for the United Kingdom. prnewswire.com - 2 months ago
Virax Biolabs Group Limited Announces Closing of $5 Million Registered Direct Offering of Ordinary Shares LONDON , Aug. 23, 2024 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, today announced the closing of its previously announced registered direct offering for the purchase and sale of an aggregate of 1,108,892 of its ordinary shares at a purchase price of $4.50 per share. H.C. Wainwright & Co. acted as the exclusive placement agent for the offering. prnewswire.com - 2 months ago
Virax Biolabs Group Limited Announces $5 Million Registered Direct Offering of Ordinary Shares LONDON , Aug. 21, 2024 /PRNewswire/ -- Virax Biolabs Group Limited ("Virax" or the "Company") (Nasdaq: VRAX), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, announced today that it has entered into a definitive agreement for the issuance and sale of an aggregate of 1,108,892 of its ordinary shares at a purchase price of $4.50 per share in a registered direct offering. The closing of the offering is expected to occur on or about August 23, 2024, subject to the satisfaction of customary closing conditions. prnewswire.com - 2 months ago
Cosmos Health Holds EU Distribution Rights for Virax Biolabs' Mpox (formerly Monkeypox) Virus Real-Time PCR Detection Kits CHICAGO, IL / ACCESSWIRE / August 21, 2024 / Cosmos Health Inc. ("Cosmos Health" or the "Company'') (NASDAQ:COSM) , a diversified, vertically integrated global healthcare group engaged in innovative R&D, owner of proprietary pharmaceutical and nutraceutical brands, manufacturer and distributor of healthcare products, and operator of a telehealth platform, announced today, pursuant to its agreement with Virax Biolabs (NASDAQ: VRAX), that it continues to hold the rights to distribute mpox virus real-time PCR detection kits, with exclusive distribution rights in Greece and Cyprus, and non-exclusive distribution rights across Europe. On August 14, 2024, World Health Organization (WHO) Director-General Dr. Tedros Adhanom Ghebreyesus determined that the upsurge of mpox in the Democratic Republic of the Congo and a growing number of countries in Africa constitutes a public health emergency of international concern under the International Health Regulations. accesswire.com - 2 months ago
WHO Declares Monkeypox Public Emergency: 5 Mpox Stocks to Watch Is the next pandemic here. With health officials declaring Monkeypox a public health emergency, investors need to be watching Monkeypox-related stocks. zacks.com - 2 months ago
Why Is Virax Biolabs (VRAX) Stock Down 15% Today? Virax Biolabs (NASDAQ: VRAX ) stock is down on Friday after the biotechnology company's shares underwent a massive rally yesterday. That saw shares of VRAX stock close out the prior day of trading up 85.8%. investorplace.com - 5 months ago
8. Profile Summary

Virax Biolabs Group Limited VRAX

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COUNTRY GB
INDUSTRY Biotechnology
MARKET CAP $ 7.77 M
Dividend Yield 0.00%
Description Virax Biolabs Group Limited, a biotechnology company, sells, distributes, and markets diagnostics test kits, and med-tech and PPE products for the prevention, detection, diagnosis, and risk management of viral diseases in the field of immunology. The company provides rapid antibody IgC/IgM tests, antigen tests, polymerase chain reaction rapid tests, and neutralizing antibody tests under the ViraxClear brand name; and med-tech and PPE products, such as employee protection equipment products under the ViraxCare brand name, as well as infrared thermometers, pulse oximeters, masks, gloves, and other PPE products. It also distributes nebulizing machines and smart wearable devices that alert employees to help them follow social distance guidelines. In addition, the company operates an online platform that sells ViraxClear and ViraxCare products. It serves clinics, pharmacies, laboratories, hospitals, and other groups, as well as corporations, employees, individual consumers, hospital systems, and public and private institutions. The company operates in Europe, South America, the Asia Pacific, Sub-Saharan Africa, and internationally. The company was formerly known as Virax Biolabs (Cayman) Limited and changed its name to Virax Biolabs Group Limited in September 2021. Virax Biolabs Group Limited was incorporated in 2021 and is headquartered in London, the United Kingdom.
Contact 30 Broadwick Street, London, W1F 8LX https://viraxbiolabs.com
IPO Date July 21, 2022
Employees 17
Officers Ms. Lily Fu Head of Supply Chain Ms. Joel Yeung Accounting Manager Dr. Nigel McCracken M.Sc., Ph.D. Chief Operating Officer & Chief Technical Officer Mr. Clement Monteil Head of Scientific Research & Development Mr. James Foster Chairman & Chief Executive Officer Mr. Jason D. Davis Chief Financial Officer