Gentherm Q4/FY2024: revenue down slightly, net income up 61%, record Adj. EBITDA $183M; 2025 guidance set

Gentherm Inc

2024-FY EPS reported $2.06 revenue$1,456,124,000

Q4 product revenues $352.9M (-3.8% YoY); FY product revenues $1,456.1M (-0.9% YoY).
GAAP diluted EPS Q4 $0.49 (vs $0.56); FY $2.06 (vs $1.22); adjusted EPS Q4 $0.29 (vs $0.90), FY $2.33 (vs $2.59).
Record annual Adjusted EBITDA of $182.9M, up 1.3% YoY; automotive new business awards totaled $2.4B.
Repurchased $50.2M of common stock; maintained net leverage ~0.5x.
2025 guidance established; supplemental materials furnished as Exhibit 99.2.

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