XPELXPEL, Inc.

$1B

Q4 2020 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$49M+23.1% YoY

Gross Profit

$16M32.8% margin

Operating Income

$7M15.1% margin

Net Income

$6M12.5% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

Balance Sheet

Total Assets

$84M

Total Liabilities

$30M

Stockholders' Equity

$53M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$39M	+23.1%
Gross Profit	$16M	$12M	+28.1%
Operating Income	$7M	$5M	+47.4%
Net Income	$6M	$5M	+32.1%

Revenue Segments

Product

$42M43%

Product Revenue, Paint Protection Film

$35M36%

Service

$7M7%

Product Revenue, Window Film

$6M6%

Service Revenue, Installation Labor

$3M3%

Service Revenue, Cutbank Credits

$2M2%

Product Revenue, Other

$2M2%

Service Revenue, Software

$938,1711%

Service Revenue, Training

$148,5020%

Geographic Segments

UNITED STATES

$21M44%

CHINA

$11M23%

CANADA

$6M13%

Europe

$3M7%

Middle East, Africa

$2M4%

Asia Pacific

$2M4%

UNITED KINGDOM

$1M3%

Latin America

$774,3972%

Other Geographic Region

$91,7210%