XPELXPEL, Inc.

$1B

Q4 2021 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$70M+44.3% YoY

Gross Profit

$25M35.2% margin

Operating Income

$9M12.2% margin

Net Income

$6M8.8% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$4M

Stock-Based Comp.

$92,188

Balance Sheet

Total Assets

$161M

Total Liabilities

$77M

Stockholders' Equity

$84M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$49M	+44.3%
Gross Profit	$25M	$16M	+54.7%
Operating Income	$9M	$7M	+16.3%
Net Income	$6M	$6M	+1.9%

Revenue Segments

Product Revenue, Paint Protection Film

$91M43%

Product

$57M27%

Product Revenue, Window Film

$20M9%

Service Revenue, Installation Labor

$14M7%

Service

$13M6%

Service Revenue, Cutbank Credits

$6M3%

Product Revenue, Other

$5M2%

Service Revenue, Software

$2M1%

Service Revenue, Training

$515,0870%

Geographic Segments

UNITED STATES

$36M91%

CHINA

$12M31%

Europe

$5M13%

Middle East, Africa

$3M8%

Asia Pacific

$2M5%

UNITED KINGDOM

$2M5%

Latin America

$897,4742%

Other Geographic Region

$154,9510%

CANADA

-$23M-57%