Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 14.98 M13.42 M14.52 M14.33 M14.67 M 56.95 M Research & development ————— — Operating income -9.38 M-7.71 M-7.52 M-6.76 M-7.11 M -29.11 M Non-Operating Income, Total -624.53 K-1.34 M-1.31 M-852.31 K-805.99 K -4.3 M Interest expense, net of interest capitalized 1.19 M1.32 M1.29 M834.16 K740.34 K 4.18 M Non-Operating Income, excl. Interest Expenses -1.81 M-2.66 M-2.59 M-1.69 M-1.55 M -8.49 M Unusual income/expense ————— — Pretax income -10.5 M-10.37 M-10.11 M-8.45 M-8.66 M -37.6 M Equity in earnings ————— — Taxes 9.98 M———0 — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -10.01 M-9.05 M-8.83 M-7.62 M-7.92 M -33.42 M Discontinued operations ————— — Net income -10.01 M-9.05 M-8.83 M-7.62 M-7.92 M -33.42 M Dilution adjustment -20 K-10 K-10 K-10 K-50 K -80 K Preferred dividends 192.67 K209.15 K259.23 K277 K233.8 K 979.18 K Diluted net income available to common stockholders -10.22 M-9.27 M-9.1 M-7.9 M-8.2 M -34.47 M Basic earnings per share (Basic EPS) -0.1-0.09-0.08—-0.1 — Diluted earnings per share (Diluted EPS) -0.1-0.09-0.08-0.07-0.08 -0.32 Average basic shares outstanding 99.77 M103.55 M107.12 M-210.67 M108.76 M 108.76 M Diluted shares outstanding 99.77 M103.55 M107.12 M112.02 M108.76 M 431.44 M EBITDA -50.93 M-6.94 M-6.16 M-4.69 M-4.98 M -22.77 M EBIT -52.98 M-7.71 M-7.52 M-6.76 M-7.11 M -29.11 M Cost of revenue —14.4 M16.06 M16.32 M17.38 M 64.17 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 2.05 M768.69 K1.36 M2.07 M2.14 M 6.34 M