Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 48.32 M55.2 M56.3 M59.01 M58.3 M 228.81 M Research & development 15.07 M16.4 M17.63 M18.19 M19.06 M 71.28 M Operating income -19.71 M-27.44 M-22.19 M-23.19 M-31.04 M -103.86 M Non-Operating Income, Total ————— — Interest expense, net of interest capitalized 969 K877 K895 K919 K895 K 3.59 M Non-Operating Income, excl. Interest Expenses ————— — Unusual income/expense ————— — Pretax income -20.68 M-28.32 M-23.08 M-24.11 M-95.38 M -170.89 M Equity in earnings ————— — Taxes ————190 K — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -18.86 M-24.74 M-19.58 M-21.41 M-29.85 M -95.57 M Discontinued operations ————— — Net income -18.86 M-24.74 M-19.58 M-21.41 M-29.85 M -95.57 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -18.86 M-24.74 M-19.58 M-21.41 M-29.85 M -95.57 M Basic earnings per share (Basic EPS) -0.34-0.45-0.35-0.38-0.54 -1.72 Diluted earnings per share (Diluted EPS) -0.34-0.45-0.35-0.38-0.54 -1.72 Average basic shares outstanding 52.13 M54.92 M55.45 M55.73 M55.54 M 221.63 M Diluted shares outstanding 52.13 M54.92 M55.45 M55.73 M55.54 M 221.63 M EBITDA -18.26 M-25.96 M-20.6 M-21.57 M-29.33 M -97.47 M EBIT -19.71 M-27.44 M-22.19 M-23.19 M-31.04 M -103.86 M Cost of revenue 24.56 M25 M27.44 M29.32 M30.07 M 111.83 M Other cost of goods sold 600 K330 K160 K76 K-1 000 565 K Depreciation & amortization (cash flow) 1.45 M1.48 M1.59 M1.62 M1.71 M 6.39 M