Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 28.79 M35.01 M40.58 M52.76 M66.68 M 195.04 M Research & development 187.52 M205.75 M224.13 M262.51 M294.94 M 987.33 M Operating income -216.31 M-240.76 M-264.71 M-315.27 M-361.63 M -1.18 B Non-Operating Income, Total 20.99 M27.34 M16.93 M10.06 M-3.27 M 51.07 M Interest expense, net of interest capitalized 0——11.43 M11.94 M — Non-Operating Income, excl. Interest Expenses 20.99 M27.35 M16.96 M-1.36 M-15.2 M 27.75 M Unusual income/expense —-10 K-32 K0— — Pretax income -195.32 M-213.42 M-247.79 M-305.21 M-364.89 M -1.13 B Equity in earnings ————— — Taxes -753 K———2.96 M — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -194.57 M-213.42 M-247.79 M-305.21 M-364.89 M -1.13 B Discontinued operations ————— — Net income -194.57 M-213.42 M-247.79 M-305.21 M-364.89 M -1.13 B Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -194.57 M-213.42 M-247.79 M-305.21 M-364.89 M -1.13 B Basic earnings per share (Basic EPS) -1.13-1.13-1.31-1.61-1.9 -5.95 Diluted earnings per share (Diluted EPS) -1.13-1.13-1.31-1.61-1.9 -5.95 Average basic shares outstanding 167.74 M188.15 M188.58 M189.23 M190.13 M 756.09 M Diluted shares outstanding 167.74 M188.15 M188.58 M189.23 M190.13 M 756.09 M EBITDA -222.57 M-247.44 M-269.85 M-318.06 M-362.38 M -1.2 B EBIT -216.31 M-239.49 M-264.1 M-314.64 M-360.79 M -1.18 B Cost of revenue ————— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) -6.26 M-7.95 M-5.74 M-3.42 M-1.58 M -18.69 M