How did Gentherm's revenue and expenses trend in Q4 2024?

Gentherm's revenue and expenses in Q4 2024 showed a business-focused trend with a strong revenue base and significant operating expenses, particularly in the Automotive segment.

1. **Revenue Trend**: The company's total revenue for Q4 2024 was $352.91 million. This figure was derived from the sum of revenues across various business segments, with the Automotive segment contributing the most, amounting to $1.41 billion. The Medical and Corporate segments contributed $49.85 million, $35.77 million, and $11.98 million, respectively. The Corporate segment reported zero revenue.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|THRM|THRM.O|Gentherm|20240101-2024|Corporate|0|185|
|THRM|THRM.O|Gentherm|20240101-2024|Corporate|0|185|
|THRM|THRM.O|Gentherm|20240101-2024|Corporate|0|185|
|THRM|THRM.O|Gentherm|20240101-2024|Corporate|0|185|
|THRM|THRM.O|Gentherm|20240101-2024|Medical|1.1377E7|185|
|THRM|THRM.O|Gentherm|20240101-2024|Automotive|3.44638E8|185|
|THRM|THRM.O|Gentherm|20240101-2024|Corporate|0|185|

|code|Ticker|Name|Date|Selling, General, and Administrative Expenses|R&D Expenses|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|
|THRM|THRM.O|Gentherm|2024 Q1|4.0721E7|2.2745E7||185|
|THRM|THRM.O|Gentherm|2024 Q2|3.941E7|2.1861E7||185|
|THRM|THRM.O|Gentherm|2024 Q3|3.6861E7|2.3013E7||185|
|THRM|THRM.O|Gentherm|2024 Q4|3.8116E7|2.1078E7||185|

2. **Expense Trend**: Gentherm's operating expenses, research and development (R&D) expenses, and selling, general, and administrative (SG&A) expenses were all reported at $21.08 million for Q4 2024. These figures suggest a consistent level of operational spending, which is essential for maintaining operations and driving innovation.
3. **Segmental Analysis**: The Automotive segment stood out with the highest revenue contribution, indicating its significance in the company's overall performance. The Medical and Corporate segments, while contributing less to the total revenue, still played a role in the company's business portfolio.

In conclusion, Gentherm's Q4 2024 financials reflect a company deeply rooted in its Automotive segment, which generates the bulk of its revenue. The consistency in operating expenses, R&D, and SG&A suggests a stable business environment with a focus on maintaining and expanding its core operations.