Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 57.46 M50.28 M60.35 M58.23 M57.41 M 226.28 M Research & development 49.32 M48.86 M51.9 M51.68 M51.84 M 204.28 M Operating income -6.31 M-3.97 M-13.32 M-2.79 M4.48 M -15.6 M Non-Operating Income, Total 2 M-525 K738 K1.83 M2.84 M 4.88 M Interest expense, net of interest capitalized 4.87 M4.76 M4.56 M5.5 M4.52 M 19.34 M Non-Operating Income, excl. Interest Expenses -3.56 M-6.23 M-1.19 M-2.92 M-2.49 M -12.83 M Unusual income/expense 687 K944 K-2.64 M-745 K805 K -1.63 M Pretax income -9.78 M-9.35 M-17.24 M-6.55 M1.89 M -31.25 M Equity in earnings ————— — Taxes 24.91 M-397 K1.02 M1.2 M3.17 M 4.99 M Non-controlling/minority interest 2.41 M2.32 M2.27 M2.5 M2.32 M 9.41 M After tax other income/expense 3.15 M-545 K671 K141 K3.15 M — Net income before discontinued operations -37.09 M-11.27 M-20.53 M-10.26 M-3.6 M -45.66 M Discontinued operations ————— — Net income -37.09 M-11.27 M-20.53 M-10.26 M-3.6 M -45.66 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -37.09 M-11.27 M-19.04 M-9.74 M-1.52 M -41.57 M Basic earnings per share (Basic EPS) -0.46-0.14-0.24-0.12-0.02 -0.52 Diluted earnings per share (Diluted EPS) -0.46-0.14-0.24-0.12-0.02 -0.52 Average basic shares outstanding 78.93 M79.53 M79.75 M79.8 M79.74 M 318.83 M Diluted shares outstanding 78.93 M79.53 M79.75 M79.8 M79.74 M 318.83 M EBITDA -385.28 M10.71 M2.46 M12.62 M-34.1 M -8.29 M EBIT -408.37 M-10.88 M-20.93 M-10.7 M-58.33 M -100.84 M Cost of revenue 147.15 M152.57 M166.14 M172.31 M177.83 M 668.85 M Other cost of goods sold 0———— — Depreciation & amortization (cash flow) 23.09 M21.6 M23.39 M23.33 M24.23 M 92.55 M