Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 14.81 M23.39 M29.04 M28.48 M26.09 M23.85 M 23.85 M Research & development 28.96 M60.17 M98.4 M141.79 M116.37 M77 M 77 M Operating income -43.66 M-83.56 M-127.44 M-170.28 M-142.47 M-104.02 M -104.02 M Non-Operating Income, Total -404 K84 K-260 K11.04 M9.35 M3.93 M 3.93 M Interest expense, net of interest capitalized —13 K9 0001.56 M1.73 M1.6 M 1.6 M Non-Operating Income, excl. Interest Expenses 0-13 K-9 0009.08 M7.64 M2.36 M 2.36 M Unusual income/expense -404 K84 K-260 K389 K-20 K-36 K -36 K Pretax income -45.5 M-83.48 M-123.42 M-160.81 M-134.85 M-101.69 M -179.48 M Equity in earnings —————— — Taxes 241 K-21 K64 K-64.5 M-33.1 M0 — Non-controlling/minority interest —————— — After tax other income/expense —————— — Net income before discontinued operations -45.74 M-83.46 M-123.48 M-160.81 M-134.85 M-101.69 M -101.69 M Discontinued operations —————— — Net income -45.74 M-83.46 M-123.48 M-160.81 M-134.85 M-101.69 M -101.69 M Dilution adjustment 05.2 M5.2 M——— — Preferred dividends 5.2 M5.2 M5.2 M——— — Diluted net income available to common stockholders -50.94 M-83.46 M-123.48 M-160.81 M-134.85 M-101.69 M -101.69 M Basic earnings per share (Basic EPS) ——-3.03-3.74-2.58-1.9 -1.9 Diluted earnings per share (Diluted EPS) -2.47-2.07-3.03-3.74-2.58-1.9 -1.9 Average basic shares outstanding 18.49 M40.31 M40.7 M42.99 M52.17 M53.66 M 214.04 M Diluted shares outstanding 18.49 M40.31 M40.7 M42.99 M52.17 M53.66 M 214.04 M EBITDA -43.46 M—-127.09 M——— — EBIT -43.66 M—-127.44 M——— — Cost of revenue —————— — Other cost of goods sold —————— — Depreciation & amortization (cash flow) 202 K51 K342 K836 K872 K706 K 706 K