Welcome to our dedicated page for Xpel news (Ticker: XPEL), a resource for investors and traders seeking the latest updates and insights on Xpel stock.
XPEL Inc. (XPEL) delivers innovative protective solutions for automotive and industrial markets through advanced films, coatings, and design software. This page provides direct access to official company announcements and market-relevant updates.
Investors and industry professionals will find curated news including quarterly earnings reports, product launch announcements, and strategic partnership updates. Our repository ensures timely access to material developments affecting XPEL's position in protective film technology and automotive aftermarket solutions.
Key content categories include financial performance disclosures, technological advancements in paint protection films, and expansion initiatives across architectural and marine coating segments. All information is sourced directly from company communications to ensure accuracy.
Bookmark this page for streamlined tracking of XPEL's operational milestones and market activities. Check regularly for updates reflecting the company's progress in automotive surface protection and related technologies.
XPEL, Inc. reported significant growth for Q4 and the full year 2021. Q4 revenue rose 44.3% to $70.1 million, with organic growth at 27%. EBITDA increased 23.7% to $10 million, though margins were impacted by higher labor costs and one-time expenses. For the full year, revenue surged 63.1% to $259.3 million, with net income up 72.7% to $31.6 million. Gross margin improved to 35.7%. The company integrated seven acquisitions, positioning itself for success in 2022 as new car inventories rebuild.
Team Penske and XPEL (NASDAQ: XPEL) have announced that Scott McLaughlin, the 2021 NTT INDYCAR SERIES Rookie of the Year, will race the No. 3 XPEL Chevrolet in three events during the upcoming INDYCAR season. The season begins with the XPEL 375 at Texas Motor Speedway on March 20. McLaughlin, who previously achieved a second-place finish at Texas last year, expressed confidence in representing XPEL. XPEL has been a partner of Team Penske since 2020 and aims to leverage passionate brand representation through its global installer network.
XPEL, Inc. has unveiled its latest paint protection film, ULTIMATE FUSION, at its Global Dealer Conference in San Antonio, Texas. This high-gloss, optically clear film features a hydrophobic clear coat that repels water and grime, enhancing vehicle appearance protection against rock chips, bug acids, and scratches. ULTIMATE FUSION will be available worldwide starting in the second quarter of 2022, backed by a 10-year warranty. The product aims to boost installation efficiency and meet rising consumer demands for automotive protection.
XPEL announced the expansion of its VISION™ Home & Office Window Film product line, introducing innovative films and commercial support services. These offerings include energy modeling simulations aimed at reducing the carbon footprint of commercial buildings by optimizing HVAC efficiency. Key products include the All-Season Intelligence film, which manages solar heat in various climates, safety films, and decorative films for aesthetics. All products come with a comprehensive performance warranty, reinforcing XPEL's commitment to maximizing client benefits.
XPEL, Inc. (Nasdaq: XPEL) will hold a conference call and webcast on February 28, 2022, at 11:00 a.m. Eastern Time to discuss its fourth quarter and year-end 2021 results. The live webcast can be accessed on XPEL's investor relations website. Participants can join by phone using the number 888-506-0062 and access code 930015. A replay will be available until March 30, 2022, by dialing 877-481-4010. XPEL specializes in protective films and coatings, catering to automotive and architectural needs.
XPEL, Inc. (NASDAQ: XPEL) has secured a multi-year sponsorship with Audi Club North America as the exclusive provider of Paint Protection Film and Window Film. This partnership aims to enhance brand visibility among the club's 10,000 members, promoting XPEL's advanced protective film portfolio. The sponsorship will facilitate direct engagement with Audi enthusiasts at events, showcasing product benefits in automotive protection. XPEL's films such as ULTIMATE PLUS and PRIME window film provide durability and effective UV protection, aligning with the club's discerning standards.
XPEL, a global leader in protective films, has announced a multi-year sponsorship deal for the NASCAR Camping World Truck Series race, which will be named the XPEL 225. This event will take place during the NASCAR at COTA weekend from March 25-27, 2022, at the Circuit of The Americas in Austin, Texas. XPEL aims to enhance brand visibility and strengthen its position in the automotive market by expanding its partnership with Speedway Motorsports. The event is expected to attract significant media attention, airing live on FS1, MRN, and Sirius XM NASCAR Radio.
XPEL, a global provider of protective films, has announced a multi-year sponsorship for the NASCAR Camping World Truck Series race, now named the XPEL 225, at Circuit of The Americas in Austin, Texas, from March 25-27, 2022. This partnership with Speedway Motorsports aims to enhance brand visibility and strengthen XPEL’s market presence in the automotive industry. The XPEL 225 will be featured alongside other NASCAR events and broadcasted on FS1, MRN, and Sirius XM. Tickets for the event are now available, with three-day packages starting at $79.
XPEL, Inc. reported strong financial results for Q3 and the first nine months of 2021. Revenues surged by 48.6% to $68.5 million in Q3, and 71.4% to $189.1 million for nine months. Net income rose by 26.1% to $8.3 million in Q3 and by 108.0% to $25.4 million year-to-date. EBITDA increased 27.1% to $11.4 million for Q3 and 98.4% to $34.1 million for nine months. Gross margins improved, while operating expenses increased but remained a lower percentage of sales compared to prior periods.
XPEL, Inc. has announced its acquisition of invisiFRAME, Ltd., a UK-based provider of bicycle frame protection kits. This acquisition supports XPEL's strategy to expand its market presence and leverage existing sales channels. invisiFRAME, known for its extensive custom bicycle pattern library, is projected to contribute over $2.7 million in annual revenue, enhancing the company's performance in 2021. The deal aligns with the growing demand among bike enthusiasts, allowing XPEL to utilize its protective films in a new consumer segment.
FAQ
What is the current stock price of Xpel (XPEL)?
What is the market cap of Xpel (XPEL)?
