Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 247.25 M228.35 M230.68 M231.78 M230.63 M 921.45 M Research & development 217.97 M220.63 M214.81 M244.36 M249.73 M 929.52 M Operating income -123.65 M-127.94 M-118.75 M-125.86 M-106.51 M -479.05 M Non-Operating Income, Total 9.11 M58.11 M19.84 M14.45 M15.47 M 107.86 M Interest expense, net of interest capitalized 5.84 M5.89 M6.03 M6.04 M6.04 M 24.01 M Non-Operating Income, excl. Interest Expenses -5.84 M-5.89 M-6.03 M-6.04 M-6.04 M -24.01 M Unusual income/expense 9.11 M58.11 M19.84 M14.45 M15.47 M 107.86 M Pretax income -120.39 M-75.72 M-104.94 M-117.45 M-97.09 M -395.2 M Equity in earnings ————— — Taxes 2.14 M2.19 M2.42 M9.38 M-7.69 M 6.29 M Non-controlling/minority interest 204 K-265 K1.43 M-466 K570 K 1.27 M After tax other income/expense ————— — Net income before discontinued operations -122.73 M-77.64 M-108.8 M-126.36 M-89.96 M -402.76 M Discontinued operations ————— — Net income -122.73 M-77.64 M-108.8 M-126.36 M-89.96 M -402.76 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -122.73 M-77.64 M-108.8 M-126.36 M-89.96 M -402.76 M Basic earnings per share (Basic EPS) -0.3-0.19-0.26-0.3-0.21 -0.96 Diluted earnings per share (Diluted EPS) -0.3-0.19-0.26-0.3-0.21 -0.96 Average basic shares outstanding 395.95 M411.85 M417.57 M424.3 M420.91 M 1.67 B Diluted shares outstanding 395.95 M411.85 M417.57 M424.3 M420.91 M 1.67 B EBITDA -20.49 M-31.72 M-21.82 M10.04 M25.4 M -18.11 M EBIT -123.65 M-127.94 M-118.75 M-125.86 M-106.51 M -479.05 M Cost of revenue 115.54 M113.96 M114.21 M120.33 M129.24 M 477.74 M Other cost of goods sold ————— — Depreciation & amortization (cash flow) 103.16 M96.22 M96.93 M135.89 M131.91 M 460.94 M