Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 35.41 M28.06 M19.84 M188.82 M— — Research & development 2.18 M2.46 M6.19 M3.9 M— — Operating income -28.38 M-27.9 M-20.51 M-186.51 M-76.83 M -311.75 M Non-Operating Income, Total 21.92 M1.82 M-23.52 M-71.31 M— — Interest expense, net of interest capitalized 285 K2.48 M2.68 M2.8 M— — Non-Operating Income, excl. Interest Expenses 21.63 M-663 K-26.2 M-74.11 M— — Unusual income/expense ————— — Pretax income -6.46 M-26.08 M-44.03 M-257.82 M-76.83 M -404.76 M Equity in earnings ————— — Taxes -1 000019 K1 000113.24 M 113.26 M Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -6.46 M-26.08 M-44.05 M-257.82 M-190.07 M -518.01 M Discontinued operations ————— — Net income -6.46 M-26.08 M-44.05 M-257.82 M-190.07 M -518.01 M Dilution adjustment -8.89 M———— — Preferred dividends 0———— — Diluted net income available to common stockholders -15.36 M-26.08 M-86.06 M-257.23 M-190.07 M -559.44 M Basic earnings per share (Basic EPS) -3.02-2.26-7.42-22.17— — Diluted earnings per share (Diluted EPS) -4.77-2.26-7.42-22.17-17.23 K -17.26 K Average basic shares outstanding 3.75 M11.57 K11.59 K11.6 K11.03 K 45.8 K Diluted shares outstanding 3.83 M11.57 K11.59 K11.6 K11.03 K 45.8 K EBITDA -67.47 M-56.34 M-42.61 M-372.94 M-72.47 M -544.35 M EBIT -68.47 M-57.34 M-43.62 M-373.96 M-76.83 M -551.75 M Cost of revenue 4.69 M1.38 M3.27 M3.33 M— — Other cost of goods sold ————— — Depreciation & amortization (cash flow) 1 M1 M1.01 M1.02 M4.36 M 7.4 M