XPELXPEL, Inc.

$1B

Q3 2019 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$36M+21.6% YoY

Gross Profit

$12M34.5% margin

Operating Income

$6M15.9% margin

Net Income

$5M12.6% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+18.4%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

Balance Sheet

Total Assets

$47M

Total Liabilities

$17M

Stockholders' Equity

$30M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$29M	+21.6%
Gross Profit	$12M	$9M	+39.0%
Operating Income	$6M	$3M	+89.0%
Net Income	$5M	$2M	+107.9%

Revenue Segments

Product

$31M43%

Product Revenue, Paint Protection Film

$27M37%

Service

$5M7%

Product Revenue, Window Film

$4M5%

Service Revenue, Cutbank Credits

$2M3%

Service Revenue, Installation Labor

$2M3%

Service Revenue, Software

$859,4321%

Product Revenue, Other

$764,8501%

Service Revenue, Training

$142,1550%

Geographic Segments

UNITED STATES

$16M44%

CHINA

$9M26%

CANADA

$5M14%

Europe

$2M5%

Asia Pacific

$1M3%

UNITED KINGDOM

$1M3%

Middle East, Africa

$770,8422%

Latin America

$578,0552%

Other Geographic Region

$87,2210%