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Mar 31, 2022
Xpel Q1 2022 Earnings Report
Reported record revenue with gross margin reaching a new high.
Key Takeaways
XPEL reported a strong first quarter with record revenue of $71.9 million, a 38.6% increase year-over-year. The gross margin improved to 38.6%, a new high for the company. Net income grew by 14.0% to $7.8 million, or $0.28 per share.
Revenues increased 38.6% to a record $71.9 million.
Gross margin percentage improved to 38.6%, a new high for the Company.
Net income grew 14.0% to $7.8 million, or $0.28 per share.
EBITDA grew 29.6% to $11.9 million, or 16.5% of revenues.
Revenue by Segment
Forward Guidance
XPEL believes it is well-positioned to deliver solid results in coming quarters, despite on-going challenges with new car inventory in the US and impacts from COVID-related lockdowns in China.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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