FORR

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 107.33 M89.21 M110.98 M87.21 M100.4 M 387.81 M Gross profit 62.82 M49.61 M61.33 M43.1 M56.65 M 210.69 M Operating expenses 89.92 M149.38 M67.33 M61.74 M112.13 M 390.59 M Selling/general/admin expenses 64.85 M54.05 M55.72 M51.29 M57.33 M 218.39 M Research & development ————— — Operating income -551 K-87.59 M6.96 M4.46 M-36.99 M -113.17 M Non-Operating Income, Total 2.19 M-44 K835 K938 K3.13 M 4.85 M Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses 814 K-1.02 M002.13 M 1.1 M Unusual income/expense 1.38 M980 K835 K938 K999 K 3.75 M Pretax income 925 K-88.3 M7.12 M-1.69 M-36.53 M -119.41 M Equity in earnings ————— — Taxes 493 K-1.03 M3.2 M437 K-2.66 M -49 K Non-controlling/minority interest ————— — After tax other income/expense 998 K-1.34 M-298 K697 K37 K -904 K Net income before discontinued operations 432 K-87.27 M3.91 M-2.13 M-33.88 M -119.36 M Discontinued operations ————— — Net income 432 K-87.27 M3.91 M-2.13 M-33.88 M -119.36 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders 432 K-87.27 M3.91 M-2.13 M-33.88 M -119.36 M Basic earnings per share (Basic EPS) 0.02-4.620.21-0.11-1.76 -6.28 Diluted earnings per share (Diluted EPS) 0.02-4.620.2-0.11-1.75 -6.28 Average basic shares outstanding 19.09 M18.89 M19.06 M19.11 M19.02 M 76.08 M Diluted shares outstanding 19.09 M18.89 M19.16 M19.11 M19.02 M 76.19 M EBITDA 20.96 M-76.96 M19.16 M9.52 M-17.25 M -65.53 M EBIT -1.27 M-88.26 M6.28 M-2.63 M-37.65 M -122.25 M Cost of revenue 44.51 M39.6 M49.65 M44.11 M43.75 M 177.12 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 22.23 M11.3 M12.88 M12.15 M20.4 M 56.72 M