Financials
Valor Q4, 24Q1, 25Q2, 25Q3, 25Q4, 25 TTM Selling/general/admin expenses 14.52 M15.34 M14.84 M15.68 M18.93 M 64.78 M Research & development ————— — Operating income -28.58 M-26.19 M-26.18 M-26.67 M-22.12 M -101.16 M Non-Operating Income, Total -4.77 M-1.28 M4.36 M9.74 M1.24 M 14.06 M Interest expense, net of interest capitalized ————— — Non-Operating Income, excl. Interest Expenses -111 K214 K2.85 M1.48 M-569 K 3.98 M Unusual income/expense -4.66 M-1.49 M1.51 M8.27 M1.8 M 10.09 M Pretax income -33.35 M-27.47 M-21.81 M-16.92 M-20.89 M -87.09 M Equity in earnings -175 K-141 K-280 K-327 K-573 K -1.32 M Taxes -372 K-1.15 M26 K84 K57 K -979 K Non-controlling/minority interest -55 K-27 K-28 K-269 K-153 K -477 K After tax other income/expense —-1.49 M1.51 M8.27 M— — Net income before discontinued operations -32.93 M-26.3 M-21.81 M-16.74 M-20.79 M -85.63 M Discontinued operations ————— — Net income -32.93 M-26.3 M-21.81 M-16.74 M-20.79 M -85.63 M Dilution adjustment ————— — Preferred dividends ————— — Diluted net income available to common stockholders -32.93 M-26.3 M-21.81 M-16.74 M-20.79 M -85.63 M Basic earnings per share (Basic EPS) -0.19-0.13-0.1-0.07-0.08 -0.38 Diluted earnings per share (Diluted EPS) -0.19-0.13-0.1-0.07-0.08 -0.38 Average basic shares outstanding 171.96 M207.7 M219.78 M232.7 M224.72 M 884.91 M Diluted shares outstanding 171.96 M207.7 M219.78 M232.7 M224.72 M 884.91 M EBITDA -27.45 M-24.92 M-24.84 M-25.28 M-20.69 M -95.72 M EBIT -28.58 M-26.19 M-26.18 M-26.67 M-22.12 M -101.16 M Cost of revenue 39.34 M18.12 M3.65 M12.78 M17.61 M 52.17 M Other cost of goods sold —01.31 M0— — Depreciation & amortization (cash flow) 1.13 M1.27 M1.34 M1.39 M1.43 M 5.43 M