Slide 1: Gentherm Inc. 2018 First Quarter Results
Gentherm Inc. 2018 First Quarter Results April 26, 2018 Exhibit 99.2
Slide 2: Forward-Looking Statement
Forward-Looking Statement Except for historical information contained herein, statements in this presentation are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Genthe
Slide 3: Revenue and adjusted EBITDA
Revenue and adjusted EBITDA (1) Adjusted EDITDA is a non-GAAP measure, see slide 9. Revenue growth: 5.1% thereof -4.1% organic
Slide 4: Automotive 1Q 2018 Highlights
Automotive 1Q 2018 Highlights 42 Vehicle launches with 21 OEMs Audi Q5 Kia K9Subaru Tribecca Tesla Model X Toyota Avalon Increased active-cooled CCSTM carbon credits available to OEMs Battery Thermal Management (BTM) Market Introductions Industry First Thermoelectric BTM System 48-Volt Mercedes S-50
Slide 5: Automotive 1Q 2018 Awards
Automotive 1Q 2018 AWARDS Over $375M in new awards across 14 customers Additional seat thermal comfort award from General Motors further strengthening strategic partnership Multiple CCSTM awards Acura RDX Jaguar E-PACE Lincoln MKC Genesis Kia ON Proprietary Intelligent Positioning System (IPSTM) awa
Slide 6: 1Q 2018 Highlights
1Q 2018 HIGHLIGHTS Grew sales of ultra-low temperature freezers for DNA Storage to hospitals around the world including the Mayo Clinic Secured multiple specialty freezers for a prominent Airframe manufacturer in the U.S. Delivered a chamber to LivaNova/Tandem Life for testing heart pump controllers
Slide 7: GPT 1Q 2018 Highlights
GPT Completed the largest development project in GPT history for Thermoelectrical Generator model S1100; updating the core TEG system Received official Quad Certification for Classified Areas (IECex, ATEX, UL, CSA); creating a major offshore differentiator Increased opportunity pipeline for TEG base
Slide 8: Selected Income Statement Data
Selected Income Statement Data
Slide 9: Selected Balance Sheet Data
Selected Balance Sheet Data (1) Does not include cash or current debt.
Slide 10: 2018 Guidance
2018 Guidance Revenue growth 8 – 10% (3 - 5% organic) Gross margin 30 – 32% Adjusted EBITDA(1) approximately 15% of product revenue CAPEX approximately $50M (1) Due to the inherent difficulty of forecasting the timing and amount of certain items that would impact net income, such as foreign currency
Slide 11: Reconciliation of Adjusted EBITDA
Reconciliation of Adjusted EBITDA
Slide 12: Adjusted Non-GAAP EPS
Adjusted Non-GAAP EPS Three Months Ended March 31, 2018 2017 Diluted EPS — As Reported. Non-cash purchase accounting impacts Unrealized currency loss (gain) Tax effect of above Diluted EPS — As Adjusted .... Technology to the next degree
Slide 13: Technology to the next degree
Technology to the next degree™