XPEL, Inc.

XPEL · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$420,400$396,293$323,993$259,263
% Growth6.1%22.3%25%
Cost of Goods Sold$243,040$233,879$196,481$166,586
Gross Profit$177,360$162,414$127,512$92,677
% Margin42.2%41%39.4%35.7%
R&D Expenses$2,900$0$0$0
G&A Expenses$75,396$63,654$48,208$34,288
SG&A Expenses$118,213$95,442$73,575$52,561
Sales & Mktg Exp.$42,817$31,788$25,367$18,273
Other Operating Expenses-$2,900$0$0$0
Operating Expenses$118,213$95,442$73,575$52,561
Operating Income$59,147$66,972$53,937$40,116
% Margin14.1%16.9%16.6%15.5%
Other Income/Exp. Net-$2,369-$941-$1,972-$676
Pre-Tax Income$56,778$66,031$51,965$39,440
Tax Expense$11,289$13,231$10,584$7,873
Net Income$45,489$52,800$41,381$31,567
% Margin10.8%13.3%12.8%12.2%
EPS1.651.911.51.14
% Growth-13.6%27.3%31.6%
EPS Diluted1.651.911.51.14
Weighted Avg Shares Out27,63927,62227,61427,613
Weighted Avg Shares Out Dil27,64327,63427,61627,613
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$996$1,248$1,410$303
Depreciation & Amortization$11,697$9,593$7,834$4,388
EBITDA$69,471$76,872$61,209$44,131
% Margin16.5%19.4%18.9%17%