XPEL, a global provider of protective films and coatings, announced results for the fourth quarter and year ended December 31, 2022. Fourth Quarter 2022 Highlights: • Revenue increased 11.9% to $78.5 million compared to fourth quarter 2021; • Net income increased 34.7% to $8.4 million, or $0.30 per basic and diluted share, versus net income […]
XPEL, a global provider of protective films and coatings, announced results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights Revenues increased 31.0% to a record $89.8 million in the third quarter; gross margin percentage improved to 39.8% in the third quarter, a new high for the company; and […]
When Ryan Pape took the XPEL CEO job, he thought his wife would be excited. He was wrong. “She cried,” said Pape. “She thought it was a terrible idea.” Back then in 2009, XPEL (XPEL), a maker of protective film that protects paint on cars from chips and scratches, was on the verge of going […]
XPEL, a global provider of protective films and coatings, announced results for the second quarter and six months ended June 30, 2022. Revenues increased 22.0% to a record $83.9 million in the second quarter, and net income grew 16.8% to $11.9 million, or $0.43 per share, compared to $10.2 million, or $0.37 per share, in […]
XPEL, a provider of protective films and coatings, announced results for the Q1 that ended March 31, 2022. Revenues increased approximately $20.0 million or 38.6% to $71.9 million as compared to $51.9 million in the first quarter of the prior year. The gross margin was 38.6% compared to 35.3% in the first quarter of 2021. […]
XPEL Inc., a provider of protective films and coatings, announced the appointment of Stacy L. Bogart to its Board of Directors. Bogart currently serves as senior vice president, general counsel, corporate secretary and corporate responsibility at Winnebago Industries Inc., a manufacturer of recreational vehicles and marine products. She previously served in senior leadership roles at […]
XPEL Inc. (XPEL) posted a 22.3% revenue increase for the year 2020 when compared to the same period in 2019, according to its financial report. 2020 fourth quarter revenues increased 23.1% to $48.6 million compared to fourth quarter 2019. Net income grew 31.8% to $6.1 million, according to the financial report. “We closed out a […]
XPEL, Inc. (XPEL) announced a multi-year sponsorship at Texas Motor Speedway. The second race of the 2021 NTT INDYCAR series doubleheader, scheduled for Sunday, May 2, will be called the XPEL 375, according to the company. By securing the naming rights for the XPEL 375, the company expects to generate brand exposure among core marketing […]
XPEL Inc. posted a 19% revenue increase in its most recent quarter, according to its financial report. Revenues increased 17.1% to $64.2 million compared to its second quarter 2019. Net income increased 14.7% to $5.6 million, according to its financial report. “We’re very pleased to have achieved strong second quarter results even as the world […]
XPEL has made three announcements recently involving the company’s involvement with the BMW Car Club of America (BMW CCA), the Porsche Club of America (PCA), and Team Penske. BMW CCA The BMW CCA recently has extended its partnership with XPEL, as its official window tint and paint protection film (PPF) through 2020. The agreement, according […]
