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XPEL Stock News, Jul 2022-May 2023

XPEL NASDAQ

XPEL, Inc. supplies protective films, coatings and related services for automotive aftermarket installers, new car dealerships and automobile OEM channels. Company updates commonly cover consolidated results, revenue by product and service category, gross margin, EBITDA, operating leverage and cash flow, with recurring detail on paint protection film, window film, cutbank credits, software and installation labor.

Updates also include product and brand activity such as COLOR Paint Protection Film, windshield protection film, PRIME Window Tint, ceramic coating applications, OEM or vehicle collaborations, manufacturing and supply-chain investment, international footprint development and board governance changes.

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XPEL, Inc. (Nasdaq: XPEL), a leading provider of protective films and coatings, announced a conference call and webcast on May 9, 2023, at 11:00 a.m. Eastern Time, to discuss the company’s first quarter 2023 results.

Access the live webcast at www.xpel.com/investor.

To join by phone, call (888) 506-0062 or (973) 528-0011 for international callers, using access code: 760015. A replay will be available until June 8, 2023 via (877) 481-4010 or (919) 882-2331 internationally with conference ID: 48243.

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XPEL, Inc. (Nasdaq: XPEL) reported significant financial growth for Q4 and 2022, with a revenue increase of 11.9% to $78.5 million and 25.0% to $324.0 million, respectively. Net income rose 34.7% to $8.4 million in Q4 and 31.1% to $41.4 million for the year. EBITDA also demonstrated strong growth, increasing 32.4% to $13.2 million in Q4 and 38.7% to $61.2 million for the year. However, the company faced challenges, including a $3.5 million revenue dip from canceled orders due to COVID policy changes in China and $0.4 million in inventory write-offs impacting margins.

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XPEL, Inc. (Nasdaq: XPEL), a leader in protective films and coatings, will host a conference call and webcast on February 28, 2023, at 11:00 a.m. Eastern Time. The event will discuss the company’s fourth quarter and year-end 2022 results. Investors can access the live webcast via XPEL's investor website. For phone participation, call 888-506-0062 (international: (973) 528-0011) with access code 264934. A replay will be available until March 30, 2023 by calling (877) 481-4010 (international: (919) 882-2331) using conference ID 47536.

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XPEL, Inc. reported strong financial results for Q3 and the first nine months of 2022. Revenues soared by 31.0% to a record $89.8 million in Q3, driven by robust business momentum despite economic challenges. The gross margin improved to 39.8%, while net income rose by 59.9% to $13.3 million, translating to $0.48 per share. Year-to-date, revenues increased 29.8% to $245.5 million, and net income grew by 30.2% to $33.0 million. The company will discuss these results in a conference call today, November 9, 2022.

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XPEL, Inc. (Nasdaq: XPEL) will host a conference call and webcast on November 9, 2022, at 11:00 a.m. Eastern Time to discuss its third quarter 2022 results. Investors can access the live event via the XPEL investor website. For phone participation, callers should dial 888-506-0062 domestically or (973) 528-0011 internationally with access code 868222. A teleconference replay will be available until December 9, 2022. XPEL specializes in protective films and coatings for automotive and architectural applications.

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XPEL, Inc. (NASDAQ: XPEL) announced the acquisition of the paint protection film business from Car Care Products Australia, which serves the Australian market. This strategic move allows XPEL to directly serve customers in Australia and enhance its market presence. The company plans to invest in local support such as training and marketing. This acquisition is part of XPEL's strategy to expand globally and strengthen its position in the protective film industry.

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XPEL, Inc. (Nasdaq: XPEL) reported record revenues of $83.9 million for Q2 2022, a 22.0% increase year-over-year, with net income rising 16.8% to $11.9 million, or $0.43 per share. EBITDA grew by 26.6% to $17.2 million, constituting 20.5% of revenues. For the first six months of 2022, revenues reached $155.8 million, up 29.1%, and net income increased to $19.7 million, or $0.71 per share. Despite challenges from new car inventory shortages and COVID impacts, XPEL remains optimistic about ongoing demand for its protective films and coatings.

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XPEL, Inc. (Nasdaq: XPEL) will hold a conference call and webcast on August 9, 2022 at 11:00 a.m. Eastern Time to discuss its second quarter 2022 results. The live webcast can be accessed on the XPEL website. Participants can dial in at 877-545-0320 (international: (973) 528-0002) using access code: 929753. The replay will be available until September 8, 2022.

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XPEL, a leading provider of protective films, has been selected as the exclusive supplier for Rivian Automotive regarding their new paint protection film (PPF) program for R1T and R1S models.

The factory direct PPF options will be available to Rivian customers starting late 2022, allowing them to choose between Front Gloss Paint Guard or Full Body Satin Paint Guard packages. XPEL will ensure quality control with a nearby installation facility in Normal, Illinois.

Tim Hartt from XPEL expressed enthusiasm for this partnership, aiming to leverage their expertise in advanced PPF solutions.

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FAQ

What is the current stock price of XPEL (XPEL)?

XPEL (XPEL) last closed at $42.91.

What is the market cap of XPEL (XPEL)?

The market cap of XPEL (XPEL) is approximately $1.2B.