Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 40.11 M39.33 M39.89 M45.59 M40.49 M 165.3 M Research & development 48.26 M55.11 M66.13 M70.69 M78.78 M 270.72 M Operating income -51.55 M-59.19 M-59.64 M-58.97 M-51.04 M -228.84 M Non-Operating Income, Total -121 K-2.24 M-3.84 M-379 K9.4 M 2.94 M Interest expense, net of interest capitalized 819 K831 K860 K860 K589 K 3.14 M Non-Operating Income, excl. Interest Expenses -2.22 M-3.55 M-3.72 M-1.06 M3.75 M -4.58 M Unusual income/expense 1.28 M479 K-977 K-177 K5.06 M 4.38 M Pretax income -51.67 M-61.43 M-63.48 M-59.35 M-41.64 M -225.9 M Equity in earnings ————— — Taxes 675 K-813 K2.94 M-41.09 M11.28 M -27.69 M Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -52.34 M-60.62 M-66.41 M-18.26 M-52.92 M -198.21 M Discontinued operations ————— — Net income -52.34 M-60.62 M-66.41 M-18.26 M-52.92 M -198.21 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -52.34 M-60.62 M-66.41 M-18.26 M-52.92 M -198.21 M Basic earnings per share (Basic EPS) -0.11-0.12-0.13-0.03-0.09 -0.37 Diluted earnings per share (Diluted EPS) -0.11-0.12-0.13-0.03-0.09 -0.37 Average basic shares outstanding 495.93 M505.61 M515.09 M528.73 M530.66 M 2.08 B Diluted shares outstanding 495.93 M505.61 M515.09 M528.73 M530.66 M 2.08 B EBITDA -33.56 M-50.64 M-50.99 M-47.01 M-25.46 M -174.1 M EBIT -51.55 M-59.19 M-59.64 M-58.97 M-51.04 M -228.84 M Cost of revenue 95.57 M87.32 M98.11 M97.77 M111.42 M 394.62 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 17.99 M8.55 M8.65 M11.96 M25.58 M 54.74 M