Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 60.21 M83.66 M104.1 M106.92 M153.02 M152.32 M 152.32 M Research & development 201.73 M259.04 M294.78 M344.08 M282.34 M300.27 M 300.27 M Operating income -261.94 M-342.7 M-398.88 M-460.56 M-395.28 M-403.36 M -403.36 M Non-Operating Income, Total 2.36 M451 K2.68 M13.91 M20.53 M10.6 M 10.6 M Interest expense, net of interest capitalized 1.86 M6.01 M———— — Non-Operating Income, excl. Interest Expenses 491 K-5.56 M2.68 M13.91 M20.53 M10.6 M 10.6 M Unusual income/expense —————— — Pretax income -261.45 M-348.26 M-396.19 M-447.52 M-375 M-393.05 M -393.05 M Equity in earnings —————— — Taxes 0-78.1 M-82.9 M-3.48 M-2.83 M-2.07 M -2.07 M Non-controlling/minority interest —————— — After tax other income/expense —————— — Net income before discontinued operations -259.58 M-342.25 M-395.89 M-444.04 M-372.18 M-390.98 M -390.98 M Discontinued operations —————— — Net income -259.58 M-342.25 M-395.89 M-444.04 M-372.18 M-390.98 M -390.98 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -259.58 M-342.25 M-395.89 M-444.04 M-372.18 M-390.98 M -390.98 M Basic earnings per share (Basic EPS) —-2.23-2.49-1.89-1.28-1.09 -1.09 Diluted earnings per share (Diluted EPS) —-2.23-2.49-1.89-1.28-1.09 — Average basic shares outstanding —153.41 K159.26 K235.13 K289.88 K357.34 K 1.38 M Diluted shares outstanding —153.41 K159.26 K235.13 K289.88 K357.34 K 357.34 K EBITDA ——-389.96 M-448.99 M-383.31 M-390.49 M -390.49 M EBIT ——-399.27 M-460.56 M-395.28 M-403.36 M -403.36 M Cost of revenue ———10.76 M124 M173.18 M 173.18 M Other cost of goods sold —————13.4 M — Depreciation & amortization (cash flow) 1.14 M3.11 M9.31 M11.57 M11.97 M12.86 M 12.86 M