XPELXPEL, Inc.

$1B

Q2 2020 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$36M+19.0% YoY

Gross Profit

$12M32.8% margin

Operating Income

$5M14.4% margin

Net Income

$4M11.1% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+26.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

Balance Sheet

Total Assets

$68M

Total Liabilities

$29M

Stockholders' Equity

$39M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$30M	+19.0%
Gross Profit	$12M	$11M	+10.5%
Operating Income	$5M	$4M	+29.4%
Net Income	$4M	$3M	+32.2%

Revenue Segments

Product

$31M43%

Product Revenue, Paint Protection Film

$24M34%

Product Revenue, Window Film

$6M8%

Service

$5M7%

Service Revenue, Installation Labor

$2M3%

Service Revenue, Cutbank Credits

$2M2%

Service Revenue, Software

$809,8971%

Product Revenue, Other

$759,0811%

Service Revenue, Training

$30,5370%

Geographic Segments

UNITED STATES

$16M45%

CHINA

$10M28%

CANADA

$4M11%

Europe

$3M8%

Asia Pacific

$1M3%

UNITED KINGDOM

$630,7202%

Middle East, Africa

$561,5102%

Latin America

$484,3581%

Other Geographic Region

$26,2510%