Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 317.88 M282.66 M451.42 M481.87 M557.87 M491.72 M 491.72 M Research & development 722.34 M771.18 M877.09 M877.39 M804.52 M1.52 B 1.52 B Operating income -564.16 M-459.71 M-536.2 M-267.82 M218.08 M-699.78 M -699.78 M Non-Operating Income, Total 11.1 M40.76 M-153.76 M-252.27 M42.69 M-2.44 M -2.44 M Interest expense, net of interest capitalized 59.95 M63.52 M53.25 M22.01 M-18.39 M-38.14 M -32.48 M Non-Operating Income, excl. Interest Expenses -49.37 M-21.83 M-171.99 M-307.34 M18.39 M55 M 49.34 M Unusual income/expense 517 K-936 K-35.02 M33.05 M42.69 M-19.31 M -19.31 M Pretax income -553.07 M-418.95 M-689.96 M-520.1 M260.77 M-702.23 M -702.23 M Equity in earnings ————00 — Taxes 1.06 M-168 K13.53 M15.88 M25.54 M11.19 M 11.19 M Non-controlling/minority interest —————— — After tax other income/expense 470 K-7.62 M9.64 M-37 K-2.13 M-7.05 M -7.05 M Net income before discontinued operations -554.13 M-418.78 M-703.49 M-535.98 M235.24 M-713.41 M -842.79 M Discontinued operations —————— — Net income -554.13 M-418.78 M-703.49 M-535.98 M235.24 M-713.41 M -842.79 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -554.13 M-418.78 M-703.49 M-535.98 M252.24 M-713.41 M -713.41 M Basic earnings per share (Basic EPS) ——-8.03-5.82.47-7.13 -8.32 Diluted earnings per share (Diluted EPS) -7.11-5.15-8.03-5.82.34-7.13 -8.44 Average basic shares outstanding 77.96 M81.26 M87.56 M92.4 M95.08 M100.12 M 395.72 M Diluted shares outstanding 77.96 M81.26 M87.56 M92.4 M107.88 M100.12 M 404.34 M EBITDA -537.25 M-421.69 M-494.34 M-223.43 M255.81 M-655.26 M -655.26 M EBIT -564.16 M-459.71 M-536.2 M-267.82 M218.08 M-699.78 M -699.78 M Cost of revenue —————25.5 M — Other cost of goods sold —————165.3 M — Depreciation & amortization (cash flow) 26.91 M38.02 M41.86 M44.4 M37.72 M44.52 M 44.52 M