XPEL, Inc. (XPEL)

XPEL, Inc. Balance Sheet

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

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

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q