Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 63.82 M79.33 M85.28 M88.49 M76.62 M82.86 M 82.86 M Research & development 166.29 M181.44 M242.45 M232.27 M208.52 M228.3 M 228.3 M Operating income -119.23 M159.98 M-262.88 M-268.13 M-233.35 M-161.2 M -161.2 M Non-Operating Income, Total 13.22 M-18.73 M-17.53 M4.48 M6.24 M-32.68 M -32.68 M Interest expense, net of interest capitalized 771 K26.28 M23.25 M6.86 M12.66 M45.01 M 45.01 M Non-Operating Income, excl. Interest Expenses 12.45 M-45.01 M-40.78 M-2.38 M-6.42 M-77.69 M -77.69 M Unusual income/expense —————— — Pretax income -106.01 M141.25 M-280.4 M-263.65 M-227.1 M-193.88 M -353.34 M Equity in earnings —————— — Taxes 5.24 M13.41 M-84 K-152 K-57.9 M0 — Non-controlling/minority interest —————— — After tax other income/expense -163 K-79 K-573 K-319 K-1.32 M-597 K -597 K Net income before discontinued operations -111.25 M127.84 M-280.32 M-263.49 M-227.1 M-193.88 M -193.88 M Discontinued operations —————— — Net income -111.25 M127.84 M-280.32 M-263.49 M-227.1 M-193.88 M -193.88 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -111.25 M127.84 M-280.32 M-263.49 M-227.1 M-193.88 M -193.88 M Basic earnings per share (Basic EPS) -2.983.01-6.5-6.02-4.59-3.76 -3.76 Diluted earnings per share (Diluted EPS) -2.982.91-6.5-6.02-4.59-3.76 -3.76 Average basic shares outstanding 37.28 M42.44 M43.15 M43.73 M49.51 M51.57 M 206.11 M Diluted shares outstanding 37.28 M43.91 M43.15 M43.73 M49.51 M51.57 M 206.18 M EBITDA -118.15 M165.82 M-258.16 M-267.44 M-232.49 M-166.68 M -166.68 M EBIT -119.23 M159.98 M-262.88 M-268.13 M-228.35 M-161.2 M -161.2 M Cost of revenue 43.39 M49.26 M54.55 M37.21 M28.57 M— — Other cost of goods sold —————— — Depreciation & amortization (cash flow) 1.08 M5.84 M4.71 M687 K-4.14 M-5.48 M -5.48 M