XPELXPEL, Inc.

$1B

Q1 2020 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$28M+14.8% YoY

Gross Profit

$10M36.3% margin

Operating Income

$2M8.7% margin

Net Income

$2M5.7% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

-28.1%

Cash Flow

Operating Cash Flow

$272,157

Free Cash Flow

-$613,314

Stock-Based Comp.

Balance Sheet

Total Assets

$62M

Total Liabilities

$27M

Stockholders' Equity

$35M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$28M	$25M	+14.8%
Gross Profit	$10M	$8M	+26.3%
Operating Income	$2M	$2M	-0.1%
Net Income	$2M	$2M	-13.3%

Revenue Segments

Product

$24M42%

Product Revenue, Paint Protection Film

$20M35%

Service

$5M8%

Product Revenue, Window Film

$3M5%

Service Revenue, Installation Labor

$2M4%

Service Revenue, Cutbank Credits

$2M3%

Product Revenue, Other

$888,6922%

Service Revenue, Software

$851,5711%

Service Revenue, Training

$152,2610%

Geographic Segments

UNITED STATES

$16M55%

CANADA

$4M15%

Europe

$3M10%

CHINA

$2M7%

Middle East, Africa

$1M5%

UNITED KINGDOM

$1M4%

Asia Pacific

$770,0433%

Latin America

$477,6942%

Other Geographic Region

$188,7571%