XPELXPEL, Inc.

$1B

Q3 2021 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$69M+48.6% YoY

Gross Profit

$24M35.7% margin

Operating Income

$10M15.1% margin

Net Income

$8M12.2% margin

EPS (Diluted)

$0.30

QoQ Revenue Growth

-0.3%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$985,000

Stock-Based Comp.

$77,000

Balance Sheet

Total Assets

$124M

Total Liabilities

$46M

Stockholders' Equity

$78M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$46M	+48.6%
Gross Profit	$24M	$16M	+52.6%
Operating Income	$10M	$8M	+23.2%
Net Income	$8M	$7M	+26.1%

Revenue Segments

Product

$57M42%

Product Revenue, Paint Protection Film

$43M32%

Service

$12M8%

Product Revenue, Window Film

$11M8%

Service Revenue, Installation Labor

$7M5%

Service Revenue, Cutbank Credits

$3M2%

Product Revenue, Other

$2M2%

Service Revenue, Software

$1M1%

Service Revenue, Training

$261,2060%

Geographic Segments

UNITED STATES

$37M55%

CHINA

$11M15%

CANADA

$9M13%

Europe

$5M7%

Middle East, Africa

$2M3%

UNITED KINGDOM

$2M3%

Asia Pacific

$2M3%

Latin America

$944,6681%

Other Geographic Region

$137,5810%