Financials
Valor 20212022202320242025 TTM Selling/general/admin expenses 57.68 M81.6 M110.82 M178.18 M176.59 M 176.59 M Research & development 135.27 M155.7 M241.23 M314.42 M475.27 M 475.27 M Operating income -182.78 M-245.73 M-350.06 M-479 M-648.13 M -648.13 M Non-Operating Income, Total -3.7 M6.25 M17.93 M14.22 M3.24 M 3.24 M Interest expense, net of interest capitalized 2.95 M55 K97 K1.57 M1.81 M 1.81 M Non-Operating Income, excl. Interest Expenses -6.66 M6.2 M17.84 M12.64 M1.43 M 1.43 M Unusual income/expense ————— — Pretax income -187.31 M-239.48 M-332.13 M-464.79 M-644.89 M -644.89 M Equity in earnings ————— — Taxes 00-4.06 M-1.13 M-136 K -136 K Non-controlling/minority interest ————— — After tax other income/expense -4.1 M-830 K-3.39 M-7.58 M-9.55 M -9.55 M Net income before discontinued operations -186.48 M-239.48 M-328.07 M-463.66 M-644.76 M -644.76 M Discontinued operations ————— — Net income -186.48 M-239.48 M-328.07 M-463.66 M-644.76 M -644.76 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -186.48 M-239.48 M-328.07 M-463.66 M-644.76 M -644.76 M Basic earnings per share (Basic EPS) -1.49-1.36-1.58-1.69-1.44 -1.44 Diluted earnings per share (Diluted EPS) -1.49-1.36-1.58-1.69-1.44 -1.44 Average basic shares outstanding 115.88 M167.32 M207.85 M274.21 M447.45 M 1.71 B Diluted shares outstanding 115.88 M167.32 M207.85 M274.21 M447.45 M 1.71 B EBITDA -174.37 M-233.97 M-325.66 M-442.51 M-564.43 M -564.43 M EBIT -182.78 M-245.73 M-350.06 M-479 M-648.13 M -648.13 M Cost of revenue —48.27 M42.59 M45.24 M70.95 M 70.95 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 8.4 M11.76 M24.4 M36.49 M83.7 M 83.7 M