XPEL, Inc. (XPEL)

XPEL, Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.59	22.09	11.61	8.06	9.64	29.03
Cash & Short-Term Investments	49.59	22.09	11.61	8.06	9.64	29.03
Cash Growth	230.96%	90.26%	44.10%	-16.47%	-66.78%	152.39%
Accounts Receivable	38.12	29.15	24.11	14.73	13.16	9.94
Other Receivables	-	0.89	0.7	-	0.62	-
Receivables	38.12	30.04	24.81	14.73	13.78	9.94
Inventory	104.13	110.9	106.51	80.58	51.94	22.36
Prepaid Expenses	5.47	5.31	3.53	3.46	3.67	1.44
Total Current Assets	197.32	168.34	146.45	106.82	79.03	62.78
Property, Plant & Equipment	37.01	37.23	32.44	29.51	22.81	10.68
Goodwill	46.54	44.13	37.46	26.76	25.66	4.47
Other Intangible Assets	32.49	34.56	34.91	29.29	32.73	5.42
Long-Term Deferred Tax Assets	1.26	-	-	-	-	-
Other Long-Term Assets	3.46	1.35	0.78	0.97	0.79	0.49
Total Assets	318.07	285.61	252.04	193.36	161.02	83.84
Accounts Payable	26.37	26.32	24.23	16.69	25.18	12.99
Accrued Expenses	5.95	5.33	4.3	3.6	3.39	2.27
Current Portion of Long-Term Debt	0.07	0.06	0.06	0.08	0.38	2.57
Current Portion of Leases	5.4	4.67	3.97	3.89	2.98	1.65
Current Income Taxes Payable	0.21	-	-	0.47	-	0.18
Current Unearned Revenue	2.14	0.82	0.76	0.26	0.82	0.24
Other Current Liabilities	4.5	4.32	3.15	2.42	3.54	1.3
Total Current Liabilities	44.63	41.52	36.47	27.4	36.27	21.2
Long-Term Debt	0.14	0.23	19.32	26	25.08	3.57
Long-Term Leases	16.16	16.13	12.72	12.12	9.83	4.33
Long-Term Deferred Tax Liabilities	-	0.47	2.66	2.05	2.75	0.63
Other Long-Term Liabilities	1.49	1.81	0.89	1.07	2.63	0.73
Total Liabilities	62.41	60.15	72.05	68.64	76.55	30.46
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	17.09	15.55	12.55	11.07	10.58	10.41
Retained Earnings	238.99	214.11	168.62	115.82	74.44	42.88
Comprehensive Income & Other	-0.36	-4.24	-1.21	-2.2	-0.59	0.07
Total Common Equity	255.74	225.46	179.99	124.72	84.46	53.38
Minority Interest	-0.08	-	-	-	-	-
Shareholders' Equity	255.66	225.46	179.99	124.72	84.46	53.38
Total Liabilities & Equity	318.07	285.61	252.04	193.36	161.02	83.84
Total Debt	21.76	21.08	36.06	42.08	38.26	12.12
Net Cash (Debt)	27.83	1	-24.45	-34.03	-28.62	16.91
Net Cash Growth	-	-	-	-	-	202.22%
Net Cash Per Share	1.01	0.04	-0.88	-1.23	-1.04	0.61
Filing Date Shares Outstanding	27.67	27.65	27.63	27.62	27.61	27.61
Total Common Shares Outstanding	27.67	27.65	27.63	27.62	27.61	27.61
Working Capital	152.69	126.83	109.98	79.42	42.76	41.58
Book Value Per Share	9.24	8.15	6.51	4.52	3.06	1.93
Tangible Book Value	176.71	146.77	107.62	68.67	26.07	43.49
Tangible Book Value Per Share	6.39	5.31	3.90	2.49	0.94	1.57
Machinery	23.17	21.75	19.73	14.67	10.87	6.83
Construction In Progress	0.74	1.35	0.2	1.75	0.12	0.32
Leasehold Improvements	13.63	11.88	10.92	7.08	5.14	2.06

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q