Estados financieros detallados de GeoVax Labs, Inc. (GOVX): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
GeoVax Labs, Inc. registró ingresos de $2.5M en el último ejercicio fiscal, con un CAGR de 5 años del 6.4%.
Márgenes de los últimos 12 meses: margen bruto 0.0%, margen operativo 0.0%, margen neto 0.0%.
Al precio actual de $0.41, GOVX presenta beneficios negativos (P/E no significativo) y un ROE del -5.61%. La capitalización bursátil es de $3M.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $828918 | $1.1M | $963000 | $1.2M | $1.8M | $385501 | $81526 | 0 | $4.0M | $2.5M |
| Coste de Ventas | $2.0M | $2.0M | $1.9M | 0 | 0 | $15.6M | $9.1M | $20.7M | $95368 | $18.1M |
| Beneficio Bruto | -$1.1M | -$942080 | -$915652 | $1.2M | $1.8M | -$15.2M | -$9.0M | -$20.7M | $3.9M | -$15.6M |
| I+D | $2.0M | $2.0M | $1.9M | $1.9M | $2.4M | $15.6M | $9.1M | $20.7M | $23.7M | $18.1M |
| Generales y Administrativos | $2.1M | $1.2M | $1.6M | $1.6M | $2.2M | $3.6M | $5.0M | $5.9M | $5.4M | $6.0M |
| Gastos Operativos | $4.1M | $3.2M | $3.5M | $3.5M | $4.6M | $3.6M | $5.0M | $6.0M | $29.0M | $6.0M |
| Beneficio Operativo | -$3.3M | -$2.2M | -$2.6M | -$2.4M | -$2.8M | -$18.7M | -$14.0M | -$26.7M | -$25.1M | -$21.6M |
| EBITDA | -$3.2M | -$2.1M | -$2.5M | -$2.4M | -$2.8M | -$18.5M | -$14.0M | -$25.9M | -$24.9M | -$21.4M |
| Gastos por Intereses | 0 | 0 | $2590 | $4495 | $143524 | $1286 | 0 | 0 | $21375 | 0 |
| Beneficio Antes de Impuestos | -$3.3M | -$2.2M | -$2.6M | -$2.4M | -$3.0M | -$18.6M | -$14.0M | -$26.0M | -$25.0M | -$21.5M |
| Impuestos | 0 | 0 | $5213 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Beneficio Neto | -$3.3M | -$2.2M | -$2.6M | -$2.4M | -$3.0M | -$18.6M | -$14.0M | -$26.0M | -$25.0M | -$21.5M |
| BPA | $-32.25 | $-21.25 | $-25.25 | $-23.50 | $-29.00 | $-182.50 | $-138.00 | $-255.50 | $-120.50 | $-22.40 |
| BPA Diluido | $-32.25 | $-21.25 | $-25.25 | $-23.50 | $-29.00 | $-182.50 | $-138.00 | $-255.50 | $-120.50 | $-22.40 |
| Acciones en Circulación (Diluidas) | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $207482 | $958443 |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | 0 | 0 | 0 | 0 |
| Beneficio Bruto | -$5.0M | $33723 | -$3.9M | -$12076 |
| Beneficio Operativo | -$6.4M | -$4.4M | -$5.3M | -$4.4M |
| EBITDA | -$6.3M | -$4.6M | -$5.2M | -$4.4M |
| Beneficio Neto | -$6.3M | -$4.4M | -$5.3M | -$4.4M |
| BPA | $-7.75 | $-2.55 | $-2.62 | $-0.97 |
| BPA Diluido | $-7.75 | $-2.55 | $-2.62 | $-0.97 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $454030 | $312727 | $260000 | $283341 | $9.9M | $11.4M | $27.6M | $6.5M | $5.5M | $3.1M |
| Inversiones a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cuentas por Cobrar | $28074 | $59758 | $121814 | $68603 | $182663 | $49006 | 0 | 0 | $659409 | 0 |
| Inventario | 0 | 0 | -$121814 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $544379 | $448074 | $620000 | $447264 | $10.2M | $11.6M | $28.9M | $7.9M | $7.9M | $5.3M |
| Inmovilizado Material | $54828 | $31151 | $22000 | $10606 | $159000 | $156938 | $2.4M | $209689 | $149974 | $940270 |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | $80000 | $70000 | $60000 | $50000 |
| Activos Totales | $610217 | $490235 | $642000 | $468880 | $10.4M | $11.8M | $31.3M | $9.3M | $8.2M | $6.3M |
| Cuentas por Pagar | $75607 | $77581 | $125859 | $152653 | $267702 | $2.1M | $1.7M | $2.8M | $1.8M | $790750 |
| Deuda a Corto | 0 | 0 | $260420 | $12500 | $183326 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Corrientes | $369847 | $811292 | $1.6M | $2.0M | $810309 | $5.4M | $4.7M | $3.5M | $3.1M | $1.9M |
| Deuda a Largo | 0 | 0 | $39580 | $27243 | $14738 | 0 | 0 | 0 | 0 | 0 |
| Pasivos Totales | $369847 | $811292 | $1.7M | $2.0M | $825000 | $7.4M | $4.7M | $3.5M | $3.1M | $2.5M |
| Reservas | -$35.7M | -$37.9M | -$40.5M | -$42.8M | -$45.8M | -$64.4M | -$78.4M | -$104.4M | -$129.4M | -$150.8M |
| Patrimonio Neto | $240370 | -$321057 | -$1.0M | -$1.6M | $9.6M | $4.4M | $26.6M | $5.8M | $5.0M | $3.8M |
| Deuda Total | 0 | 0 | $300000 | $39743 | $198064 | 0 | 0 | 0 | 0 | $843170 |
| Deuda Neta | -$454030 | -$312727 | $40000 | -$243598 | -$9.7M | -$11.4M | -$27.6M | -$6.5M | -$5.5M | -$2.2M |
| Capital Circulante | $174532 | -$363218 | -$1.0M | -$1.6M | $9.4M | $6.2M | $24.2M | $4.4M | $4.8M | $3.4M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $5.0M | $3.1M | $1.3M | $3.1M |
| Activos Totales | $6.7M | $6.3M | $3.0M | $4.6M |
| Pasivos Totales | $1.8M | $2.5M | $2.5M | $2.9M |
| Patrimonio Neto | $4.9M | $3.8M | $493770 | $1.8M |
| Deuda Total | 0 | $843170 | $394571 | $323141 |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$3.3M | -$2.2M | -$2.6M | -$2.4M | -$3.0M | -$18.6M | -$14.0M | -$26.0M | -$25.0M | -$21.5M |
| Amortizaciones | $28780 | $28027 | $19801 | $8350 | $19656 | $38521 | $56284 | $74169 | $95368 | $68756 |
| Compensación en Acciones | $967667 | $57224 | $469724 | $327500 | $64463 | $369987 | $902074 | $1.1M | $528644 | 0 |
| Cambio en Capital Circulante | $329135 | $396447 | $527543 | $636282 | -$806 | $6.9M | -$6.0M | -$356003 | -$307227 | -$1.2M |
| Flujo de Caja Operativo | -$1.9M | -$1.7M | -$1.5M | -$1.4M | -$2.8M | -$11.2M | -$19.0M | -$25.2M | -$24.7M | -$21.5M |
| Inversiones (CapEx) | -$15.8M | -$4350 | 0 | -$7603 | -$156791 | -$47718 | -$134258 | -$48946 | -$20653 | -$27612 |
| Adquisiciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | -$1000 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$17.8M | -$1.7M | -$1.5M | -$1.4M | -$2.9M | -$11.2M | -$19.2M | -$25.2M | -$24.7M | -$21.5M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$6.2M | -$5.0M | -$3.5M | -$3.7M |
| Inversiones (CapEx) | -$5 | -$4 | $1 | $3 |
| Flujo de Caja Libre | -$6.2M | -$5.0M | -$3.5M | -$3.7M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $277546 | 0 | $219317 | $163746 |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +29.7% | -10.4% | +22.1% | +55.1% | -78.9% | -78.9% | -100.0% | | -37.1% |
| Crecimiento Beneficio Neto (anual) | | +33.7% | -18.0% | +7.4% | -24.8% | -527.8% | +24.5% | -85.2% | +3.8% | +14.1% |
| Crecimiento BPA (anual) | | +34.1% | -18.8% | +6.9% | -23.4% | -529.3% | +24.4% | -85.1% | +52.8% | +81.4% |
| Cambio en Acciones (anual) | | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +104.2% | +361.9% |
| Crecimiento FCF (anual) | | +90.5% | +8.8% | +8.9% | -106.8% | -286.7% | -70.4% | -31.6% | +2.1% | +12.9% |
| Margen Bruto | -137.8% | -87.6% | -95.1% | 100.0% | 100.0% | -3934.8% | -11090.9% | | 97.6% | -628.0% |
| Margen Operativo | -394.9% | -202.2% | -266.1% | -201.8% | -154.5% | -4862.7% | -17207.5% | | -635.8% | -869.3% |
| Margen EBITDA | -391.2% | -199.2% | -263.5% | -200.5% | -153.3% | -4806.9% | -17129.3% | | -629.0% | -859.6% |
| Margen Neto | -394.7% | -201.8% | -265.8% | -201.6% | -162.2% | -4817.2% | -17198.3% | | -632.0% | -862.3% |
| Margen FCF | -2146.9% | -157.4% | -160.2% | -119.6% | -159.4% | -2916.8% | -23507.2% | | -624.5% | -863.8% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.2% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-175.17 | $-16.66 | $-15.19 | $-13.84 | $-28.62 | $-110.68 | $-188.64 | $-248.27 | $-119.03 | $-22.43 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $101595 | $207482 | $958443 |
Qué mirar en Biotech
La mayoría de biotechs pequeñas pierden dinero. Analizarlas con P/E no tiene sentido — mira caja y pipeline.
- Cash Runway — Meses de caja al ritmo de gasto actual. <18 meses = riesgo de dilución urgente
- Cash burn anual — Ritmo al que queman caja operativa. Comparar con posición de caja para proyectar runway
- Total Debt — Biotech sin ingresos + deuda = receta para bancarrota
- I+D / Capitalización — Cuánto invierten en pipeline vs lo que vale la empresa — indicador de intensidad investigadora
- Market cap / Cash — Si cotiza cerca de su caja, el mercado le da ~0 valor al pipeline — puede ser oportunidad o trampa
Rentabilidad
| Rentabilidad sobre capital | -561.15% |
| Rentabilidad sobre capital invertido | -463.53% |
| Rentabilidad sobre activos | -338.46% |
| Margen bruto | 0.00% |
| Margen operativo | 0.00% |
| Margen neto | 0.00% |
Salud financiera
| Deuda / Patrimonio | 0.18 |
| Ratio corriente | 1.54 |
| Piotroski F-Score | 2 |
| Altman Z-Score | -42.54 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -19224806.20 | -23529411.76 | -9504950.50 | -191.39 | -43.71 | -7.44 | -1.71 | -0.53 | -0.51 | -0.19 |
| P/VC | 262049756.63 | -158219568.49 | -23857925.64 | -290.21 | 13.46 | 31.62 | 0.90 | 2.39 | 2.54 | 1.07 |
| P/V | 75989301.72 | 47241623.03 | 25319626.17 | 388.60 | 70.61 | 357.76 | 294.49 | 0.00 | 3.24 | 1.65 |
| Margen Bruto | -137.8% | -87.6% | -95.1% | 100.0% | 100.0% | -3934.8% | -11090.9% | 0.0% | 97.6% | -628.0% |
| Margen Operativo | -394.9% | -202.2% | -266.1% | -201.8% | -154.5% | -4862.7% | -17207.5% | 0.0% | -635.8% | -869.3% |
| Margen Neto | -394.7% | -201.8% | -265.8% | -201.6% | -162.2% | -4817.2% | -17198.3% | 0.0% | -632.0% | -862.3% |