Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 49.54 M53.19 M55.48 M59.52 M56.88 M 225.08 M Research & development 12.87 M12.69 M12.96 M13.94 M13 M 52.59 M Operating income 4.85 M3.29 M7.09 M8.13 M14.53 M 33.03 M Non-Operating Income, Total -48.7 M1.73 M-3.72 M4.42 M-730 K 1.7 M Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses -25.24 M143 K-3.48 M-254 K-2.17 M -5.76 M Unusual income/expense -23.46 M1.59 M-240 K4.68 M1.44 M 7.47 M Pretax income -18.61 M4.87 M6.85 M12.81 M15.97 M 40.5 M Equity in earnings ————— — Taxes -1.43 M1.31 M3.96 M-210 K323 K 5.38 M Non-controlling/minority interest 7 000126 K195 K00 321 K After tax other income/expense 63 K-1.06 M-27 K1.01 M-390 K -468 K Net income before discontinued operations -17.18 M3.57 M2.89 M13.02 M15.64 M 35.12 M Discontinued operations ————— — Net income -17.18 M3.57 M2.89 M13.02 M15.64 M 35.12 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -17.14 M3.44 M2.7 M13.02 M15.64 M 34.8 M Basic earnings per share (Basic EPS) -0.090.020.010.060.08 0.17 Diluted earnings per share (Diluted EPS) -0.090.020.010.060.06 0.15 Average basic shares outstanding 183.72 M197.92 M205.07 M212 M207.59 M 822.58 M Diluted shares outstanding 183.72 M224.57 M229.18 M232.9 M229.29 M 915.94 M EBITDA 7.4 M3.79 M9.37 M11.31 M18.84 M 43.3 M EBIT 4.9 M2.99 M8.46 M10.51 M15.64 M 37.6 M Cost of revenue 21.92 M23.9 M26.48 M28.14 M30.28 M 108.8 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 2.5 M800 K900 K800 K3.2 M 5.7 M