Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 12.3 M13.28 M13.12 M11.21 M14.74 M 52.35 M Research & development 34.1 M40.56 M41.38 M43.99 M34.71 M 160.64 M Operating income -44.22 M-52.39 M-53.38 M-53.97 M-48.61 M -208.35 M Non-Operating Income, Total 1.95 M502 K786 K3.39 M2.53 M 7.21 M Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses 1.9 M465 K768 K3.35 M2.48 M 7.06 M Unusual income/expense 43 K37 K18 K44 K49 K 148 K Pretax income -42.28 M-51.89 M-52.59 M-50.58 M-46.08 M -201.14 M Equity in earnings ————— — Taxes 000—-62 K — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -42.28 M-51.89 M-52.59 M-50.58 M-46.08 M -201.14 M Discontinued operations ————— — Net income -42.28 M-51.89 M-52.59 M-50.58 M-46.08 M -201.14 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -42.28 M-51.89 M-52.59 M-50.58 M-46.08 M -201.14 M Basic earnings per share (Basic EPS) -0.31-0.4-0.41-0.32-0.22 -1.35 Diluted earnings per share (Diluted EPS) -0.31-0.4-0.41-0.32-0.22 -1.35 Average basic shares outstanding 118.6 M130.88 M129.19 M160.5 M148.76 M 569.33 M Diluted shares outstanding 118.6 M130.88 M129.19 M160.5 M148.76 M 569.33 M EBITDA -42.51 M-50.69 M-51.51 M-52.09 M-46.73 M -201.03 M EBIT -44.22 M-52.39 M-53.38 M-53.97 M-48.61 M -208.35 M Cost of revenue ————— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) 1.72 M1.7 M1.86 M1.88 M1.88 M 7.32 M