SPG

Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Total revenue 1.58 B1.47 B1.5 B1.6 B1.79 B 6.36 B Gross profit 1.42 B1.31 B1.33 B1.43 B1.6 B 5.66 B Operating expenses 463 M374.94 M389.67 M393.38 M485.16 M 1.64 B Selling/general/admin expenses 59.1 M46.89 M50.61 M54.74 M64.48 M 216.71 M Research & development ————— — Operating income 835.75 M727.62 M744.2 M812.91 M890.67 M 3.18 B Non-Operating Income, Total ————— — Interest expense, net of interest capitalized 227.41 M227 M232.72 M242.79 M272.33 M 974.84 M Non-Operating Income, excl. Interest Expenses ————— — Unusual income/expense ————— — Pretax income 1.11 B986.73 M1.09 B1.2 B1.34 B 4.62 B Equity in earnings 140.95 M30.36 M122.88 M143.92 M206.94 M 504.09 M Taxes ————— — Non-controlling/minority interest 103.69 M63.33 M86.71 M95.69 M490.78 M 736.51 M After tax other income/expense ————— — Net income before discontinued operations 771.76 M477.86 M643.68 M702.7 M3.54 B 5.36 B Discontinued operations ————— — Net income 771.76 M477.86 M643.68 M702.7 M3.54 B 5.36 B Dilution adjustment -103.69 M-63.33 M-86.71 M-95.69 M-490.78 M -736.51 M Preferred dividends 835 K834 K834 K834 K835 K 3.34 M Diluted net income available to common stockholders 667.23 M413.7 M556.13 M606.17 M3.05 B 4.62 B Basic earnings per share (Basic EPS) 2.041.271.71.869.35 14.18 Diluted earnings per share (Diluted EPS) 2.041.271.71.869.35 14.18 Average basic shares outstanding 326.28 M326.31 M326.49 M326.49 M326.18 M 1.31 B Diluted shares outstanding 326.28 M326.31 M326.49 M326.49 M326.18 M 1.31 B EBITDA ————— — EBIT 835.75 M727.62 M744.2 M812.91 M890.67 M 3.18 B Cost of revenue 162.98 M166.96 M166.05 M175.41 M192.47 M 700.89 M Other cost of goods sold 162.98 M166.96 M166.05 M175.41 M192.47 M 700.89 M Depreciation & amortization (cash flow) ————— —