Financial Performance & Guidance - Gentex reported revenue of $2.3 billion in 2023[7] and is guiding for $2.35 - $2.4 billion in revenue for 2024[8] - The company's gross margin was 33.2% in 2023[7] and is expected to be between 33.5% and 34% in 2024[8] - Capital expenditures were $183.7 million in 2023[7] and are projected to be $150 - $175 million in 2024[8] - Gentex's annual dividend is $0.48 per share, totaling $112 million per year[31] Market & Product Strategy - In 2023, Gentex shipped 31.8 million units of Interior Electrochromic (IEC) mirrors and 18.8 million units of Outside Electrochromic (OEC) mirrors[21] - The company is targeting over 500,000 unit growth in Full Display Mirror (FDM) volume in 2024[28] - Gentex's Interior Electrochromic (IEC) penetration globally is 36%[92] Capital Allocation - Gentex plans capital expenditures of $225-250 million per year[31] - Approximately 10.1 million shares are available for repurchase under the current plan as of October 25, 2024[31] - Since 2014, Gentex has repurchased and retired more than 100 million shares[36]