XPELXPEL, Inc.

$1B

Q4 2019 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$39M+48.7% YoY

Gross Profit

$12M31.5% margin

Operating Income

$5M12.6% margin

Net Income

$5M11.7% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+10.9%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

Balance Sheet

Total Assets

$52M

Total Liabilities

$17M

Stockholders' Equity

$35M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$39M	$27M	+48.7%
Gross Profit	$12M	$9M	+46.2%
Operating Income	$5M	$3M	+75.0%
Net Income	$5M	$2M	+127.5%

Revenue Segments

Product

$56M44%

Product Revenue, Paint Protection Film

$50M39%

Service

$8M6%

Product Revenue, Window Film

$5M4%

Service Revenue, Cutbank Credits

$3M3%

Service Revenue, Installation Labor

$3M2%

Service Revenue, Software

$2M1%

Product Revenue, Other

$2M1%

Service Revenue, Training

$268,4550%

Geographic Segments

UNITED STATES

$28M44%

CHINA

$18M28%

CANADA

$8M12%

Europe

$4M5%

Asia Pacific

$2M3%

UNITED KINGDOM

$2M3%

Middle East, Africa

$2M3%

Latin America

$1M2%

Other Geographic Region

$109,9830%