Financials
Valor Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 51.05 M51.1 M79.3 M — Research & development ——— — Operating income -325.58 M81.02 M55.19 M — Non-Operating Income, Total -160.42 M72.07 M85 M — Interest expense, net of interest capitalized 344 K354 K193 K — Non-Operating Income, excl. Interest Expenses -153.23 M70.72 M75.54 M — Unusual income/expense -7.54 M993 K9.26 M — Pretax income -486 M153.09 M140.18 M — Equity in earnings ——— — Taxes -3.9 M-61.29 M6.78 M — Non-controlling/minority interest ——— — After tax other income/expense ——— — Net income before discontinued operations -482.1 M214.38 M133.42 M — Discontinued operations ——— — Net income -482.1 M214.38 M133.42 M — Dilution adjustment 0-44.79 M44.79 M — Preferred dividends 000 — Diluted net income available to common stockholders -482.1 M169.6 M178.2 M — Basic earnings per share (Basic EPS) -4.480.933.67 — Diluted earnings per share (Diluted EPS) -4.480.640.84 — Average basic shares outstanding 107.51 M229.9 M158.7 M — Diluted shares outstanding 107.51 M266.68 M158.7 M — EBITDA 95.09 M551.25 M590.42 M — EBIT 80.89 M528.22 M515.75 M — Cost of revenue 470 K413 K884 K — Other cost of goods sold ——— — Depreciation & amortization (cash flow) 14.2 M23.03 M74.66 M —