Company: THRM
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023344
Chunk: 255

Company: Gentherm Inc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 255
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 59

INDEX TO FINANCIAL STATEMENTS 

    Page

    Reports of Ernst & Young LLP, Independent Registered Public Accounting Firm (PCAOB ID: 42) 
      
    F-2

    Consolidated Balance Sheets as of December 31, 2024 and 2023
     
    F-5

    Consolidated Statements of Income for the years ended December 31, 2024, 2023, and 2022
     
    F-6

    Consolidated Statements of Comprehensive Income for the years ended December 31, 2024, 2023, and 2022
     
    F-7

    Consolidated Statements of Changes in Shareholders’ Equity for the years ended December 31, 2024, 2023, and 2022
     
    F-8

    Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023, and 2022
     
    F-9

    Notes to the Consolidated Financial Statements
     
    F-10

 F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and the Board of Directors of Gentherm Incorporated

Opinion on the Financial StatementsWe have audited the accompanying consolidated balance sheets of Gentherm Incorporated (the Company) as of December 31, 2024 and 2023, the related consolidated statements of income, comprehensive income, changes in shareholders' equity and cash flows for each of the three years in the period ended December 31, 2024, and the related notes and financial statement schedule listed in the Index at Item 15 (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with U.S. generally accepted accounting principles.We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (2013 framework), and our report dated February 19,