XPELXPEL, Inc.

$1B

Q2 2019 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$30M+4.3% YoY

Gross Profit

$11M35.3% margin

Operating Income

$4M13.2% margin

Net Income

$3M10.0% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+21.7%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

Balance Sheet

Total Assets

$43M

Total Liabilities

$18M

Stockholders' Equity

$26M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$30M	$29M	+4.3%
Gross Profit	$11M	$9M	+23.6%
Operating Income	$4M	$3M	+15.8%
Net Income	$3M	$3M	+17.6%

Revenue Segments

Product

$25M42%

Product Revenue, Paint Protection Film

$21M35%

Service

$5M8%

Product Revenue, Window Film

$3M5%

Service Revenue, Cutbank Credits

$2M3%

Service Revenue, Installation Labor

$2M3%

Product Revenue, Other

$1M2%

Service Revenue, Software

$775,7451%

Service Revenue, Training

$180,0040%

Geographic Segments

UNITED STATES

$16M55%

CANADA

$5M17%

CHINA

$3M10%

Europe

$2M7%

Asia Pacific

$1M4%

UNITED KINGDOM

$926,9253%

Middle East, Africa

$720,3472%

Latin America

$512,6802%

Other Geographic Region

$57,7090%