Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 21.2 M30.06 M38.82 M40.06 M48.24 M 157.18 M Research & development 16.48 M6.97 M6.02 M9.35 M16.94 M 39.28 M Operating income -36.11 M-35.42 M-37.51 M1.77 M19.79 M -51.38 M Non-Operating Income, Total -4.51 M-2.94 M-4.07 M-5.3 M-5.23 M -17.55 M Interest expense, net of interest capitalized 2.34 M4.67 M5.66 M6.95 M6.9 M 24.17 M Non-Operating Income, excl. Interest Expenses -6.85 M-7.61 M-9.73 M-12.24 M-12.13 M -41.72 M Unusual income/expense ————— — Pretax income -33.41 M-43.04 M-47.24 M-10.48 M7.66 M -93.1 M Equity in earnings ————— — Taxes 0———0 — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -40.61 M-38.37 M-41.58 M-3.53 M14.55 M -68.92 M Discontinued operations ————— — Net income -40.61 M-38.37 M-41.58 M-3.53 M14.55 M -68.92 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -40.61 M-38.37 M-41.58 M-3.53 M14.55 M -68.92 M Basic earnings per share (Basic EPS) -0.48-0.45-0.49-0.040.18 -0.8 Diluted earnings per share (Diluted EPS) -0.48-0.45-0.49-0.040.18 -0.8 Average basic shares outstanding 78.71 M85.17 M85.59 M86.33 M86.06 M 343.15 M Diluted shares outstanding 78.71 M85.17 M85.59 M86.33 M86.06 M 343.15 M EBITDA -35.59 M-34.97 M-37.22 M2.24 M20.11 M -49.85 M EBIT -36.11 M-35.42 M-37.51 M1.77 M19.79 M -51.38 M Cost of revenue 1.35 M1.52 M——— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) 518 K451 K281 K476 K320 K 1.53 M