Virax Biolabs Group Limited

VRAX

Biotechnology · Healthcare

Price

$3.79

-0.11 (-2.82%)

Market Cap

$707,309

Exchange

NASDAQ

Winston Score

Winston is worried

Weak fundamentals across most pillars.

Share count rising — dilution

+773.9% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 45K (2022) → 398K (2026)

Virax Biolabs Group Limited is a small biotechnology company focused on diagnostic testing and immunology research. It develops and sells diagnostic test kits — including tests for viral infections — primarily targeting healthcare providers, clinics, and research institutions. The company has also worked on T-cell immune response testing, which measures how well a person's immune system responds to viruses or vaccines.

Virax generates revenue by selling its diagnostic products and licensing related technology. It operates mainly in the United Kingdom and Asia, with a very small market presence overall. The company has a high gross margin on its products, but its operating losses are extremely large relative to its revenue, meaning it spends far more than it earns right now. The main risk is that Virax must raise additional capital to survive, and it faces intense competition from much larger diagnostics companies with greater resources and established distribution networks.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+684.8% YoY

YoY Growth Rate

Revenue accelerating

EPS Growth

+76.6% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

$4M/ year

↑ Rising (+110% vs prior year)

>1,000% of revenue

1671.8x the sector average (18%)

Investing heavily in future products and technology

Insider Activity

1.8%ownership

Relatively low insider ownership

Cash Runway

~10 months

$7M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Short runway — potential dilution ahead through share issuance

Revenue accelerating

Virax Biolabs Group Limited grew revenue 685% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

2062.9%

Premium pricing power — 2062.9% gross margin

Operating Margin

-35268.2%

Losing money on operations — -35268.2%

ROCE

-50.1%

Weak — -50.1% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

N/A

Data not available

EPS YoY

N/A

—

Data not available

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

—

Data not available

FCF Margin

-12047.5%

Burning cash (-12047.5%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

0.00

Conservative — low debt load (0.00)

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial