Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses —115.02 M137.21 M105.72 M52.44 M68.04 M 68.04 M Research & development —174.94 M311.08 M132.02 M25.23 M16.6 M 16.6 M Operating income —-354.15 M-450.99 M-286.05 M-149.74 M-331.05 M -331.05 M Non-Operating Income, Total —-4.82 M-15.03 M-369 K-1.45 M4.98 M 4.98 M Interest expense, net of interest capitalized —30.18 M7.24 M275 K3 M8.3 M 8.3 M Non-Operating Income, excl. Interest Expenses —-29.34 M-9.72 M1.79 M-3 M-8.3 M -8.3 M Unusual income/expense —-5.67 M-12.54 M-2.44 M-1.45 M4.98 M 4.98 M Pretax income —-516.26 M-552.01 M-431.63 M-356.11 M-397.02 M -397.02 M Equity in earnings —————— — Taxes —240 K61 K109 K-267 K63 K 63 K Non-controlling/minority interest —————-6.39 M — After tax other income/expense —-842 K-776 K-667 K-963 K-55 K — Net income before discontinued operations —-516.5 M-552.07 M-431.74 M-355.85 M-390.7 M -390.7 M Discontinued operations —————— — Net income —-516.5 M-552.07 M-431.74 M-355.85 M-390.7 M -390.7 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders —-516.5 M-552.07 M-431.74 M-363.42 M-390.7 M -390.7 M Basic earnings per share (Basic EPS) —42.43 K28.8 K3 584.839.226.28 6.28 Diluted earnings per share (Diluted EPS) —42.43 K28.8 K3 584.839.226.28 6.28 Average basic shares outstanding —48.62 K76.51 K481.74 K37.06 M248.6 M 795.28 M Diluted shares outstanding —48.62 K76.51 K481.74 K37.06 M248.6 M 795.28 M EBITDA —-496.24 M-460.88 M-243.58 M-81.3 M-291.43 M -274.54 M EBIT —-504.4 M-463.86 M-286.05 M-152.74 M-356.24 M -339.35 M Cost of revenue ———42.61 M84.03 M102.6 M 98.3 M Other cost of goods sold ———42.61 M84.03 M98.3 M 98.3 M Depreciation & amortization (cash flow) —8.16 M2.98 M42.47 M71.44 M64.81 M 64.81 M