Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 37.3 M29.26 M28.24 M33.75 M40.88 M 132.13 M Research & development 21.49 M13.52 M9.15 M8.4 M9.56 M 40.63 M Operating income -59.12 M-45.74 M-6.53 M22.11 M39.58 M 9.41 M Non-Operating Income, Total 3.13 M1.97 M1.82 M3.91 M3.78 M 11.48 M Interest expense, net of interest capitalized —1.36 M1.38 M1.39 M1.35 M 5.48 M Non-Operating Income, excl. Interest Expenses 3.13 M609 K441 K2.52 M2.43 M 6 M Unusual income/expense ————— — Pretax income -175.85 M-45.13 M-6.08 M24.62 M20.89 M -5.71 M Equity in earnings ————— — Taxes -18.71 M———-1.85 M — Non-controlling/minority interest ————— — After tax other income/expense ————— — Net income before discontinued operations -55.98 M-43.77 M-4.71 M26.01 M43.36 M 20.89 M Discontinued operations ————— — Net income -55.98 M-43.77 M-4.71 M26.01 M43.36 M 20.89 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -55.98 M-43.77 M-4.71 M26.01 M43.36 M 20.89 M Basic earnings per share (Basic EPS) -1.39-0.95-0.090.490.95 0.4 Diluted earnings per share (Diluted EPS) -1.39-0.95-0.090.470.96 0.39 Average basic shares outstanding 40.18 M46.18 M50.48 M53.33 M50.82 M 200.81 M Diluted shares outstanding 40.18 M46.18 M50.48 M54.92 M52.38 M 203.97 M EBITDA —-46.72 M-7.49 M21.74 M38.39 M 5.93 M EBIT —-45.74 M-6.53 M22.11 M39.58 M 9.41 M Cost of revenue —0696 K1.14 M863 K 2.7 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) -1.4 M-972 K-965 K-362 K-1.18 M -3.48 M