XPEL, Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017
Revenue	396.29	323.99	259.26	158.92	129.93	109.92	67.3
Revenue Growth (YoY)	22.32%	24.97%	63.14%	22.31%	18.21%	63.34%	-
Cost of Revenue	233.88	196.48	166.59	104.9	86.43	76.48	50.61
Gross Profit	162.41	127.51	92.68	54.03	43.51	33.44	16.68
Selling, General & Admin	95.44	73.58	52.56	30.66	26.42	21.63	14.47
Other Operating Expenses	0	0	0	0	0	0	-0.01
Operating Expenses	95.44	73.58	52.56	30.66	26.42	21.63	14.46
Operating Income	66.97	53.94	40.12	23.37	17.09	11.81	2.22
Interest Expense / Income	1.25	1.41	0.3	0.25	0.1	0.17	0.33
Other Expense / Income	-0.31	0.56	0.37	0.32	0.06	0.17	-0.31
Pretax Income	66.03	51.97	39.44	22.81	16.93	11.47	2.2
Income Tax	13.23	10.58	7.87	4.52	2.96	2.76	1.15
Net Income	52.8	41.38	31.57	18.28	13.98	8.71	1.05
Net Income Growth	27.59%	31.09%	72.67%	30.79%	60.43%	731.88%	-
Shares Outstanding (Basic)	28	28	28	28	28	28	27
Shares Outstanding (Diluted)	28	28	28	28	28	28	27
Shares Change	0.07%	0.01%	-	0.00%	-	1.05%	-
EPS (Basic)	1.91	1.50	1.14	0.66	0.51	0.32	0.04
EPS (Diluted)	1.91	1.50	1.14	0.66	0.51	0.32	0.04
EPS Growth	27.33%	31.58%	72.73%	29.41%	59.38%	700.00%	-
Free Cash Flow	29.77	2.57	10.65	16.37	8.79	4.53	1.56
Free Cash Flow Per Share	1.08	0.09	0.39	0.59	0.32	0.16	0.06
Gross Margin	40.98%	39.36%	35.75%	33.99%	33.48%	30.42%	24.79%
Operating Margin	16.90%	16.65%	15.47%	14.71%	13.15%	10.74%	3.31%
Profit Margin	13.32%	12.77%	12.18%	11.50%	10.76%	7.93%	1.56%
Free Cash Flow Margin	7.51%	0.79%	4.11%	10.30%	6.76%	4.13%	2.31%
Effective Tax Rate	20.04%	20.37%	19.96%	19.83%	17.45%	24.06%	52.43%
EBITDA	76.87	61.21	44.13	25.28	18.73	13.02	3.66
EBITDA Margin	19.40%	18.89%	17.02%	15.91%	14.41%	11.84%	5.44%
Depreciation & Amortization	9.59	7.83	4.39	2.23	1.7	1.38	1.13
EBIT	67.28	53.38	39.74	23.05	17.03	11.64	2.53
EBIT Margin	16.98%	16.47%	15.33%	14.51%	13.11%	10.59%	3.76%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).