XPELXPEL, Inc.

$1B

Q1 2021 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$52M+82.7% YoY

Gross Profit

$18M35.3% margin

Operating Income

$9M16.5% margin

Net Income

$7M13.2% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$7M

Stock-Based Comp.

Balance Sheet

Total Assets

$95M

Total Liabilities

$35M

Stockholders' Equity

$60M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$52M	$28M	+82.7%
Gross Profit	$18M	$10M	+77.6%
Operating Income	$9M	$2M	+244.1%
Net Income	$7M	$2M	+324.9%

Revenue Segments

Product

$45M43%

Product Revenue, Paint Protection Film

$36M34%

Product Revenue, Window Film

$7M7%

Service

$7M7%

Service Revenue, Installation Labor

$3M3%

Service Revenue, Cutbank Credits

$3M3%

Product Revenue, Other

$2M2%

Service Revenue, Software

$978,0191%

Service Revenue, Training

$206,4050%

Geographic Segments

UNITED STATES

$26M49%

CHINA

$11M21%

CANADA

$5M10%

Europe

$4M8%

Middle East, Africa

$2M4%

UNITED KINGDOM

$2M3%

Asia Pacific

$2M3%

Latin America

$916,5782%

Other Geographic Region

$28,7430%