Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 323.2 M325.8 M326.4 M340.8 M316.3 M 1.31 B Research & development 22.9 M———22.9 M — Operating income -268.8 M49.4 M164 M151.6 M230.7 M 595.7 M Non-Operating Income, Total -50.1 M-32.3 M-48.9 M208.4 M-54.5 M 72.7 M Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses 00000 0 Unusual income/expense -50.1 M-32.3 M-48.9 M208.4 M-54.5 M 72.7 M Pretax income -337.8 M10.7 M108.9 M351.5 M170.5 M 641.6 M Equity in earnings 8.4 M12.1 M11.6 M7 M8.9 M 39.6 M Taxes -24.2 M2 M-205.5 M48.8 M77.3 M -77.4 M Non-controlling/minority interest -57.9 M-1.8 M-400 K-3 M-2.3 M -7.5 M After tax other income/expense -7.3 M-6.6 M-7.4 M-9.4 M-12.3 M -35.7 M Net income before discontinued operations -255.7 M10.5 M314.8 M305.7 M95.5 M 726.5 M Discontinued operations ————— — Net income -255.7 M10.5 M314.8 M305.7 M95.5 M 726.5 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -255.7 M10.5 M314.8 M305.7 M95.5 M 726.5 M Basic earnings per share (Basic EPS) -3.420.144.224.11.3 9.76 Diluted earnings per share (Diluted EPS) -3.420.144.224.091.3 9.75 Average basic shares outstanding 74.6 M74.6 M74.6 M74.6 M74.4 M 298.2 M Diluted shares outstanding 74.7 M74.7 M74.6 M74.7 M74.5 M 298.5 M EBITDA -94.1 M259.7 M381.8 M366.2 M447.1 M 1.45 B EBIT -236.9 M183.9 M302 M280.5 M306.8 M 1.07 B Cost of revenue 2.2 B1.53 B1.98 B1.83 B2.18 B 7.52 B Other cost of goods sold ————— — Depreciation & amortization (cash flow) 142.8 M75.8 M79.8 M85.7 M140.3 M 381.6 M