earnings
confidence high
sentiment positive
materiality 0.80
Gentherm reports record FY2021 revenue, adjusted EBITDA; Q4 revenue down 14%
Gentherm Inc
2021-FY EPS reported
$2.79
revenue$1,046,150,000
- Full-year product revenue $1,046.2M (+14.6% YoY); GAAP EPS $2.79 vs $1.81.
- Q4 product revenue $248.2M (-14.1% YoY); GAAP EPS $0.60 vs $1.02.
- Record adjusted EBITDA $157.0M in FY2021; adjusted EPS $3.01 vs $2.29.
- 2022 guidance: revenue $1.12B-$1.22B; adjusted EBITDA margin 14%-16%; capex $50M-$60M.
- Secured $1.6B in new automotive awards in FY2021; repurchased $20M stock in Q4.