Financials
Valor 202020212022202320242025 TTM Selling/general/admin expenses 28.22 M40.27 M43.12 M49.4 M67.5 M176.21 M 176.21 M Research & development 74.06 M108.47 M124.44 M121.9 M184.55 M208.44 M 208.44 M Operating income -86.88 M-129.92 M-134.37 M-171.29 M-252.05 M-384.64 M -384.64 M Non-Operating Income, Total 395 K-1.88 M-132 K5.51 M5.76 M6.71 M 6.71 M Interest expense, net of interest capitalized 400 K2.1 M4.7 M6.5 M6.6 M6.89 M 6.89 M Non-Operating Income, excl. Interest Expenses -5 000-3.98 M-4.83 M-994 K-840 K114 K 114 K Unusual income/expense —————-301 K -301 K Pretax income -86.88 M-133.9 M-139.2 M-172.29 M-252.89 M-377.94 M -669.27 M Equity in earnings —————— — Taxes -29.7 M-42.3 M-43 M-49.2 M-76.5 M7.15 M — Non-controlling/minority interest —————— — After tax other income/expense —————— — Net income before discontinued operations -86.48 M-131.8 M-134.5 M-165.79 M-246.29 M-377.94 M -377.94 M Discontinued operations —————— — Net income -86.48 M-131.8 M-134.5 M-165.79 M-246.29 M-377.94 M -377.94 M Dilution adjustment —————— — Preferred dividends —————— — Diluted net income available to common stockholders -86.48 M-131.8 M-134.5 M-165.79 M-246.29 M-377.94 M -377.94 M Basic earnings per share (Basic EPS) —-3.59-2.26-1.99-2.47-3.29 -3.29 Diluted earnings per share (Diluted EPS) —-3.59-2.26-1.99-2.47-3.29 -3.29 Average basic shares outstanding —36.71 M59.61 M83.35 M99.84 M114.7 M 452.97 M Diluted shares outstanding —36.71 M59.61 M83.35 M99.84 M114.7 M 452.97 M EBITDA -86.98 M-128.67 M-135.79 M-175.24 M—-388.21 M — EBIT -86.88 M-129.92 M-134.37 M-169.29 M—-384.64 M — Cost of revenue —————— — Other cost of goods sold —————— — Depreciation & amortization (cash flow) -104 K1.25 M-1.42 M-5.95 M-5.04 M-3.57 M -3.57 M