GOLF

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 445.17 M703.37 M720.48 M657.66 M477.22 M 2.56 B Gross profit 207.7 M337.16 M354.32 M319.12 M210.65 M 1.22 B Operating expenses 222.32 M222.08 M245.09 M227 M238.41 M 932.59 M Selling/general/admin expenses 193.08 M200.26 M222.01 M204.94 M206.22 M 833.42 M Research & development 16.32 M18.86 M18.93 M18.61 M20.11 M 76.51 M Operating income -5.21 M114.55 M109.87 M92.93 M-17.91 M 299.43 M Non-Operating Income, Total -669 K19.86 M-988 K-1.76 M-1.76 M 15.36 M Interest expense, net of interest capitalized 55.16 M452 K458 K464 K59.79 M 61.16 M Non-Operating Income, excl. Interest Expenses -55.83 M19.41 M-1.45 M-2.22 M-61.55 M -45.81 M Unusual income/expense ————— — Pretax income -18.15 M120.59 M93.68 M76.65 M-51.4 M 239.53 M Equity in earnings —-223 K-185 K-79 K-626 K -1.11 M Taxes -9.99 M21.57 M18.6 M28.62 M-16.43 M 52.37 M Non-controlling/minority interest -7.04 M-347 K-484 K-480 K-74 K -1.39 M After tax other income/expense ————— — Net income before discontinued operations -1.12 M99.37 M75.56 M48.51 M-34.9 M 188.54 M Discontinued operations ————— — Net income -1.12 M99.37 M75.56 M48.51 M-34.9 M 188.54 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -1.12 M99.37 M75.56 M48.51 M-34.9 M 188.54 M Basic earnings per share (Basic EPS) 0.011.621.260.81-0.56 3.13 Diluted earnings per share (Diluted EPS) 0.021.621.250.81-0.57 3.11 Average basic shares outstanding 63.35 M61.33 M60.16 M59.88 M60.3 M 241.66 M Diluted shares outstanding 63.65 M61.48 M60.33 M60.16 M60.57 M 242.55 M EBITDA -451 K129.36 M124.15 M105.1 M-14.65 M 343.96 M EBIT -14.62 M115.08 M109.22 M92.12 M-27.76 M 288.66 M Cost of revenue 237.47 M366.21 M366.16 M338.54 M266.57 M 1.34 B Other cost of goods sold ————— — Depreciation & amortization (cash flow) 14.17 M14.28 M14.93 M12.98 M13.11 M 55.29 M