Gentherm Inc · NASDAQ:THRM
Gentherm — Q3 2021 Earnings Presentation
13 slides from Gentherm's earnings presentation, Oct 28, 2021
Slide 1: 2021 Third Quarter Results
2021 Third Quarter Results Gentherm, Inc. October 28, 2021 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: Use of Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures* In addition to the results reported herein in accordance with GAAP, the Company has provided here or elsewhere Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, Free Cash Flow, Net Debt and Revenue excluding the impact of foreign currency translation, each a
Slide 4: Automotive 3Q 2021 Highlights
Automotive 3Q 2021 Highlights 4 Continued strong execution in Automotive 11 Vehicle launches with 6 OEMs Multiple CCS® product launches GM Hummer EV Great Wall WEY Nissan Infinity QX60 2021 Automotive News PACEpilot award winner Multiple BPS development projects for proprietary thin foil technology
Slide 5: New Automotive Business Awards
New Automotive Business Awards 5 Continued momentum in new business awards $260M in awards across 13 OEMs in 3Q 2021 Multiple CCS® awards Ford Kia Lincoln Next-gen Dodge Ram CCS and Seat Heater awards 4 Steering Wheel Heater awards across 4 OEMs Air-cooling Battery Thermal Management award with Hyun
Slide 6: Medical 3Q 2021 Highlights
Medical 3Q 2021 Highlights 6 Well positioned to grow the Medical business Increased Blanketrol® market share Replacing competitive devices at the Mayo Clinic in Rochester, MN Large upgrade award from Massachusetts General in Boston Hemotherm award from HCA Healthcare, Nashville, TN Increasing custom
Slide 7: Selected Income Statement Data
Selected Income Statement Data 7 Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands, except per share data)
Slide 8: Selected Balance Sheet Data
Selected Balance Sheet Data 8 (Dollars in thousands)
Slide 9: 2021 Guidance
2021 Guidance Based on the current forecast of customer orders, production outlook and supply chain constraints for the balance of 2021. Foreign exchange rate assumed at current levels. Due to the inherent difficulty of forecasting the timing and amount of certain items that would impact net income
Slide 10: Appendix
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Slide 11: Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin
Reconciliation of Adjusted EBITDA and Adjusted EBITDA Margin 11 Three Months Ended September 30, Nine Months Ended September 30, (Dollars in thousands)
Slide 12: Reconciliation of Adjusted EPS
Reconciliation of Adjusted EPS 12 Three Months Ended September 30, Nine Months Ended September 30,
Slide 13: Gentherm - Technology to the next degree
(())) GENTHERM Technology to the next degree™