XPEL, Inc. (XPEL)

XPEL, Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	14.98	11.61	8.06	9.64	29.03	11.5
Cash & Short-Term Investments	14.98	11.61	8.06	9.64	29.03	11.5
Cash Growth	4.80%	44.10%	-16.47%	-66.78%	152.39%	189.61%
Accounts Receivable	29.47	24.11	14.73	13.16	9.94	7.15
Other Receivables	1.22	0.7	-	0.62	-	0.09
Receivables	30.69	24.81	14.73	13.78	9.94	7.25
Inventory	97.59	106.51	80.58	51.94	22.36	15.14
Prepaid Expenses	4.64	3.53	3.46	3.67	1.44	2.39
Total Current Assets	147.91	146.45	106.82	79.03	62.78	36.28
Property, Plant & Equipment	36.46	32.44	29.51	22.81	10.68	9.09
Goodwill	43.09	37.46	26.76	25.66	4.47	2.41
Other Intangible Assets	33.24	34.91	29.29	32.73	5.42	3.82
Other Long-Term Assets	1.13	0.78	0.97	0.79	0.49	-
Total Assets	261.83	252.04	193.36	161.02	83.84	51.6
Accounts Payable	17.64	24.23	16.69	25.18	12.99	7.44
Accrued Expenses	3.85	4.3	3.6	3.39	2.27	1.37
Current Portion of Long-Term Debt	0.06	0.06	0.08	0.38	2.57	0.46
Current Portion of Leases	4.72	3.97	3.89	2.98	1.65	1.13
Current Income Taxes Payable	-	-	0.47	-	0.18	-
Current Unearned Revenue	0.99	0.76	0.26	0.82	0.24	0.56
Other Current Liabilities	3.77	3.15	2.42	3.54	1.3	0.83
Total Current Liabilities	31.03	36.47	27.4	36.27	21.2	11.79
Long-Term Debt	11.27	19.32	26	25.08	3.57	0.31
Long-Term Leases	15.36	12.72	12.12	9.83	4.33	4.01
Long-Term Deferred Tax Liabilities	1.74	2.66	2.05	2.75	0.63	0.6
Other Long-Term Liabilities	0.52	0.89	1.07	2.63	0.73	-
Total Liabilities	59.92	72.05	68.64	76.55	30.46	16.71
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	13.93	12.55	11.07	10.58	10.41	11.35
Retained Earnings	190.32	168.62	115.82	74.44	42.88	24.59
Comprehensive Income & Other	-2.37	-1.21	-2.2	-0.59	0.07	-0.91
Total Common Equity	201.91	179.99	124.72	84.46	53.38	35.06
Minority Interest	-	-	-	-	-	-0.17
Shareholders' Equity	201.91	179.99	124.72	84.46	53.38	34.89
Total Liabilities & Equity	261.83	252.04	193.36	161.02	83.84	51.6
Total Debt	31.42	36.06	42.08	38.26	12.12	5.91
Net Cash (Debt)	-16.43	-24.45	-34.03	-28.62	16.91	5.59
Net Cash Growth	-	-	-	-	202.22%	160.24%
Net Cash Per Share	-0.59	-0.88	-1.23	-1.04	0.61	0.20
Filing Date Shares Outstanding	27.64	27.63	27.62	27.61	27.61	27.61
Total Common Shares Outstanding	27.64	27.63	27.62	27.61	27.61	27.61
Working Capital	116.88	109.98	79.42	42.76	41.58	24.49
Book Value Per Share	7.31	6.51	4.52	3.06	1.93	1.27
Tangible Book Value	125.58	107.62	68.67	26.07	43.49	28.83
Tangible Book Value Per Share	4.54	3.90	2.49	0.94	1.57	1.04
Machinery	22.25	19.73	14.67	10.87	6.83	5.49
Construction In Progress	0.22	0.2	1.75	0.12	0.32	0.31
Leasehold Improvements	11.76	10.92	7.08	5.14	2.06	1.48

Source: S&P Capital IQ. Standard template. Financial Sources.