Company Analysis

GeoVax Labs, Inc. (GOVX)

Nasdaq: GOVX · Pharmaceutical Preparations · Smyrna, GA · filing with the SEC since 1996
Grade4.4
◀ Past 2.1● Present 4.8▶ Future 5.5
1 est.

The grade of GeoVax Labs, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.4/10
◀ Past2.125% of the headline
● Present4.835% of the headline
▶ Future5.540% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.1/1025% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.5/10

Has it survived what it has been through?

12 warning events since 2017; the latest 2026-08-28.

weight 22% of this tense · 15th percentile among 497 sector filers · read for itself

From the record

GeoVax Labs, Inc.'s filings since 2017 show 12 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 10 times, the latest 2026-08-28); an auditor change (8-K item 4.01, the latest 2019-10-07); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2026-03-31) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
2.8/10

What has it actually done, year after year?

+13% a year over 10 filed years; profitable in 0 of 10.

weight 45% of this tense · 28th percentile among 323 sector filers · read for its customers

From the record

GeoVax Labs, Inc.'s 10 filed years say what it did: revenue went from $829 thousand in fiscal 2016 to $2 million in fiscal 2025, up 13% a year; it rose in 3 of 8 years; the deepest fall was 100% from fiscal 2020 to fiscal 2023; net income was positive in 0 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.0%top 47% of its family
  • the share of years revenue rosebottom 22% of its family
  • the share of filed years with a profitbottom 27% of its family
  • the deepest fall from a revenue peak100.0%bottom 10% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
1.6/10

How has it treated the people who own it?

SI estimate 1.6/10, confidence 35 of 100 (one part).

weight 33% of this tense · 16th percentile among 464 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 16% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 464 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: GeoVax Labs, Inc.'s shareholder treatment is put at 1.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 16% of 464 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

4.8/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
2.0/10

Is it financially healthy right now?

ROE -561%: lost 561¢ per shareholder dollar. Leverage 40%: owes 40¢ per asset dollar.

weight 45% of this tense · 20th percentile among 473 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, GeoVax Labs, Inc. lost about 561 cents for every dollar of shareholders' money. Leverage: it owed about 40 cents per dollar of assets, and net share issuance: its share count grew 361.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 43% of its family
  • return on equitybottom 4% of its family
  • the share count against the year beforebottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.2/10

How strong is its position in its industry?

top 48% of 315 in its family; net margin -862.3%.

weight 22% of this tense · 52nd percentile among 315 sector filers · read for its customers

From the record

GeoVax Labs, Inc.'s standing among 315 graded names in its industry family: revenue of $2 million in fiscal 2025 ranks in the bottom 30% by size; a net margin of -862.3% ranks in the bottom 32%; revenue growth of 212.5% a year over the last 3 filed years ranks in the top 7% (its annual reports).

What it rests on

  • revenue against the family$2.5Mbottom 30% of its family
  • net margin-862.3%bottom 32% of its family
  • three-year revenue growth212.5%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.4/10

What are the people in charge doing?

top 16% of 315 in its family for leadership; chief executive since 2018.

weight 33% of this tense · 84th percentile among 315 sector filers · read for its shareholders

From the record

GeoVax Labs, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Dodd, David A (President, CEO, as filed), filing under that title since 2018-09-05, 8.2 years (top 22% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 16.6 years (top 1%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 26%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 11 peopletop 26% of its family
  • the median years the people in charge have filed16.6 yearstop 1% of its family
  • the chief executive's years on the record8.2 yearstop 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.5/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.7/10

How much room does it have to grow?

top 43% of 273 in its family for room to expand.

weight 33% of this tense · 57th percentile among 273 sector filers · read for itself

From the record

GeoVax Labs, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $3 million against no long-term debt tagged leaves 48.7% of its assets as net cash, top 33% of its family; cash from operations less capital spending is -863.8% of revenue (bottom 27%); research spending of 728% of revenue (top 24%) (its annual report).

What it rests on

  • cash less debt against assets48.7%top 33% of its family
  • cash from operations less capital spending against revenue-863.8%bottom 27% of its family
  • research spending against revenue728.0%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.8/10

What could actually drive growth from here?

top 42% of 306 in its family for growth drivers.

weight 45% of this tense · 58th percentile among 306 sector filers · read for its customers

From the record

GeoVax Labs, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 212.5% a year over the last three filed years against 13% over all 10, speeding up (top 2% of its family); the newest year grew -37.1% (bottom 22%); research spending grew 25.7% a year (top 17%); capital spending grew -41% a year (bottom 28%) (its annual reports). GeoVax Labs, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+199.5 points a yeartop 2% of its family
  • the newest year's revenue growth-37.1%bottom 22% of its family
  • three-year growth of research spending25.7%top 17% of its family
  • three-year growth of capital spending-41.0%bottom 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.7/10

Did its newest year beat what its own record pointed to?

bottom 47% of 233 in its family for expectations against reality.

weight 22% of this tense · 47th percentile among 233 sector filers · read for its shareholders

From the record

GeoVax Labs, Inc.'s newest year against its own record: revenue of $2 million in fiscal 2025 came in 91% below the $28 million its prior three years' pace pointed to (bottom 6% of its family); net income of $21 million against a prior three-year average of $22 million (bottom 42%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 8%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-91.0%bottom 6% of its family
  • net income against the prior three years' average+1%bottom 42% of its family
  • net margin against its prior averageup more than 100 pointstop 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton GOVX · research, not advice