Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 4.11 M5.11 M3.86 M3.2 M4.04 M 16.22 M Research & development ————— — Operating income -34.98 M251.59 M467 K-29.09 M41.66 M 264.62 M Non-Operating Income, Total -45.5 M87.09 M-62.21 M-120.01 M-68.21 M -163.34 M Interest expense, net of interest capitalized 33.31 M43.11 M59.2 M73.31 M90.29 M 265.91 M Non-Operating Income, excl. Interest Expenses -83.85 M40.29 M-124.47 M-198.88 M-166.95 M -450.01 M Unusual income/expense 5.04 M3.69 M3.05 M5.55 M8.45 M 20.75 M Pretax income -123.34 M78.65 M-69.01 M-99.46 M-65.56 M -155.37 M Equity in earnings -16.5 M6.69 M-2 M2.93 M4.68 M 12.3 M Taxes 1.33 M-41.51 M952 K5.08 M32.16 M -3.32 M Non-controlling/minority interest —-11.4 M-11.1 M-11.5 M-10.88 M -44.88 M After tax other income/expense ————— — Net income before discontinued operations -124.67 M120.16 M-69.96 M-104.54 M-97.72 M -152.05 M Discontinued operations ————— — Net income -124.67 M120.16 M-69.96 M-104.54 M-97.72 M -152.05 M Dilution adjustment 10.37 M9.93 M7.02 M-29.43 M4.36 M -8.12 M Preferred dividends 19.25 M21.84 M20.96 M25.31 M32.12 M 100.23 M Diluted net income available to common stockholders -133.56 M108.26 M-83.9 M-159.28 M-125.48 M -260.41 M Basic earnings per share (Basic EPS) -1.210.95-0.73-1.38-1.08 -2.24 Diluted earnings per share (Diluted EPS) -1.210.89-0.73-1.38-1.04 -2.26 Average basic shares outstanding 108.22 M114.1 M114.88 M115.56 M115.21 M 459.75 M Diluted shares outstanding 108.22 M122.76 M114.88 M115.56 M115.21 M 468.41 M EBITDA -91.92 M-26.54 M-32 M-17.95 M-48.97 M -125.46 M EBIT -111.15 M-51.55 M-66 M-52.76 M-87.64 M -257.94 M Cost of revenue 4.4 M4.5 M8.9 M6 M6.8 M 26.2 M Other cost of goods sold 4.4 M4.5 M8.9 M6 M6.8 M 26.2 M Depreciation & amortization (cash flow) 19.23 M25.01 M34 M34.81 M38.67 M 132.49 M