Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 506.72 M287.63 M326.3 M304.17 M304.44 M 1.22 B Research & development ————— — Operating income 153.96 M50.74 M48.56 M87.84 M108.11 M 295.25 M Non-Operating Income, Total ————— — Interest expense, net of interest capitalized 84.02 M41.76 M38.78 M38.23 M38.53 M 157.31 M Non-Operating Income, excl. Interest Expenses ————— — Unusual income/expense ————— — Pretax income 69.94 M8.98 M9.78 M49.61 M69.58 M 137.94 M Equity in earnings ————— — Taxes 17.25 M-240 K1.24 M12.12 M20.03 M 33.15 M Non-controlling/minority interest -595 K-532 K-666 K-595 K240 K -1.55 M After tax other income/expense 1.49 M-161 K1.58 M416 K2.52 M 4.36 M Net income before discontinued operations 16 M9.75 M9.21 M38.08 M49.31 M 106.35 M Discontinued operations —19.79 M19 M17.75 M27.77 M 84.32 M Net income 16 M29.54 M28.21 M55.84 M77.08 M 190.67 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders 16 M29.54 M28.21 M55.84 M77.08 M 190.67 M Basic earnings per share (Basic EPS) 0.110.150.140.270.38 0.94 Diluted earnings per share (Diluted EPS) 0.110.140.130.260.34 0.87 Average basic shares outstanding 193 M201 M201.81 M203.49 M202.56 M 808.86 M Diluted shares outstanding 193 M214.93 M216.34 M217.98 M219.77 M 869.02 M EBITDA 3.47 B2.56 B2.77 B3 B3.28 B 11.61 B EBIT 3.36 B2.54 B2.74 B2.98 B3.18 B 11.44 B Cost of revenue 12.1 M8.1 M32.56 M8.06 M7.5 M 56.23 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 117.43 M26.15 M26.39 M25.54 M93.96 M 172.04 M