XPEL, Inc. (FRA:XPX)

XPEL, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	461.46	420.4	396.29	323.99	259.26	158.92
Revenue Growth (YoY)	10.29%	6.08%	22.31%	24.97%	63.14%	22.31%
Cost of Revenue	267.92	243.04	233.88	196.48	166.59	104.9
Gross Profit	193.54	177.36	162.41	127.51	92.68	54.03
Selling, General & Admin	134.03	118.21	95.44	73.58	52.56	30.66
Operating Expenses	134.03	118.21	95.44	73.58	52.56	30.66
Operating Income	59.51	59.15	66.97	53.94	40.12	23.37
Interest Expense	-0.12	-1	-1.25	-1.41	-0.3	-0.25
Currency Exchange Gain (Loss)	0.01	-1.37	0.31	-0.56	-0.37	-0.32
EBT Excluding Unusual Items	59.4	56.78	66.03	51.97	39.44	22.81
Pretax Income	59.4	56.78	66.03	51.97	39.44	22.81
Income Tax Expense	12.58	11.29	13.23	10.58	7.87	4.52
Earnings From Continuing Operations	46.83	45.49	52.8	41.38	31.57	18.28
Minority Interest in Earnings	-0.11	-	-	-	-	-
Net Income	46.71	45.49	52.8	41.38	31.57	18.28
Net Income to Common	46.71	45.49	52.8	41.38	31.57	18.28
Net Income Growth	-3.80%	-13.85%	27.59%	31.09%	72.67%	30.80%
Shares Outstanding (Basic)	28	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28	28
Shares Change (YoY)	0.14%	0.03%	0.07%	0.01%	-	0.00%
EPS (Basic)	1.69	1.65	1.91	1.50	1.14	0.66
EPS (Diluted)	1.69	1.65	1.91	1.50	1.14	0.66
EPS Growth	-3.50%	-13.83%	27.46%	31.45%	72.73%	30.38%
Free Cash Flow	66.04	41.11	31.03	4.12	11.54	16.68
Free Cash Flow Per Share	2.39	1.49	1.12	0.15	0.42	0.60
Gross Margin	41.94%	42.19%	40.98%	39.36%	35.75%	33.99%
Operating Margin	12.90%	14.07%	16.90%	16.65%	15.47%	14.70%
Profit Margin	10.12%	10.82%	13.32%	12.77%	12.18%	11.50%
Free Cash Flow Margin	14.31%	9.78%	7.83%	1.27%	4.45%	10.50%
EBITDA	72.03	70.84	76.57	61.77	44.5	25.6
EBITDA Margin	15.61%	16.85%	19.32%	19.07%	17.17%	16.11%
D&A For EBITDA	12.52	11.7	9.59	7.83	4.39	2.23
EBIT	59.51	59.15	66.97	53.94	40.12	23.37
EBIT Margin	12.90%	14.07%	16.90%	16.65%	15.47%	14.70%
Effective Tax Rate	21.17%	19.88%	20.04%	20.37%	19.96%	19.83%
Revenue as Reported	461.46	420.4	396.29	323.99	259.26	158.92
Advertising Expenses	-	2.4	1.7	1.2	1.1	0.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.