XPELXPEL, Inc.

$1B

Q3 2020 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$46M+29.5% YoY

Gross Profit

$16M34.8% margin

Operating Income

$8M18.2% margin

Net Income

$7M14.3% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+28.8%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

Balance Sheet

Total Assets

$76M

Total Liabilities

$30M

Stockholders' Equity

$46M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$46M	$36M	+29.5%
Gross Profit	$16M	$12M	+30.6%
Operating Income	$8M	$6M	+48.4%
Net Income	$7M	$5M	+46.8%

Revenue Segments

Product

$40M43%

Product Revenue, Paint Protection Film

$32M35%

Service

$7M7%

Product Revenue, Window Film

$6M7%

Service Revenue, Installation Labor

$3M4%

Service Revenue, Cutbank Credits

$2M2%

Product Revenue, Other

$1M1%

Service Revenue, Software

$889,7091%

Service Revenue, Training

$131,6540%

Geographic Segments

UNITED STATES

$22M48%

CHINA

$9M20%

CANADA

$6M13%

Europe

$4M8%

UNITED KINGDOM

$1M3%

Asia Pacific

$1M3%

Middle East, Africa

$1M3%

Latin America

$537,8921%

Other Geographic Region

$13,1690%