NASDAQ$XPEL

Xpel Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

XPEL's revenue and net income increased significantly in Q1 2021.

XPEL reported record revenue of $51.9 million, an 82.7% increase compared to Q1 2020. Net income grew by 324.9% to $6.8 million, or $0.25 per share.

  • Revenues increased 82.7% to $51.9 million compared to the first quarter of 2020.
  • Net income grew 324.9% to $6.8 million, or $0.25 per basic and diluted share.
  • EBITDA grew 256.0% to $9.2 million, representing 17.7% of revenues.
  • The company experienced strong growth across all regions, particularly in China.

Headline financials

Total Revenue

$51.9M

Previous: $28.4M+82.7%
EPS (adj)

$0.25

Previous: $0.06+316.7%
Gross margin

35.3%

Previous: 36.3%-2.8%
EBITDA

$9.16M

Previous: $2.57M+256.0%
Capital Expenditures

-$1.41M

Previous: -$776K-81.1%
Free Cash Flow

$5.44M

Previous: $835K+551.5%
Net Income

$6.85M

Previous: $1.61M+324.9%
Operating Income

$8.55M

Previous: $2.48M+244.1%
Gross Profit

$18.3M

Previous: $10.3M+77.6%
Cash & Equivalents

$35.6M

Previous: $14.8M+140.8%
Total Assets

$95.3M

Previous: $61.7M+54.5%

Revenue & EPS history

Xpel · Revenue · Quarterly

$51.9M

Q1 2021+82.7%vs Q1 2020
Beat estimate in 10 of 10 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $51.9M total across 2 segments · Q1 2021

  • Product revenue
    $44.9M
  • Service revenue
    $6.93M

Forward guidance

This release includes forward-looking statements regarding XPEL, Inc. and its business, which may include, but is not limited to, anticipated use of proceeds from capital transactions, expansion into new markets, and execution of the company's growth strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+6.2%

Avg return

Earnings day

+6.8%

Avg return

5 days after

+10.8%

Avg return

30 days after

67%

18 / 27 earnings

Positive

+40.1%

Q2 2024

Best reaction

-40.4%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.9%-6.6%+1.3%
Q4 2025-6.8%-14.8%-19.9%
Q3 2025+0.7%+10.5%+40.6%
Q1 2025+14.2%+25.6%+25.3%
Q4 2024-14.6%-24.7%-23.4%
Q3 2024+6.2%+7.6%+7.8%
Q2 2024+40.1%+42.0%+32.7%
Q1 2024-40.4%-40.2%-29.4%
Q4 2023-4.7%-5.1%-4.3%
Q3 2023-13.0%-9.3%-1.8%
Q2 2023-0.5%+5.2%-5.9%
Q1 2023+8.0%+6.9%+8.4%
Q4 2022-14.9%-13.3%-14.0%
Q3 2022+4.2%+5.1%-1.0%
Q2 2022+24.1%+30.1%+6.1%
Q1 2022+11.2%+12.9%+19.3%
Q4 2021-3.5%-18.7%-20.2%
Q3 2021+4.9%-0.4%-5.1%
Q2 2021+1.9%-9.9%-9.5%
Q1 2021+10.7%+19.4%+41.8%
Q4 2020+15.0%+11.9%+5.9%
Q3 2020+6.9%+19.6%+50.6%
Q2 2020+38.0%+37.8%+15.8%
Q1 2020+10.2%+20.9%+35.3%
Q4 2019+15.7%+4.9%+20.8%
Q3 2019+27.3%+36.9%+44.4%
Q2 2019+28.1%+28.1%+69.2%
Q4 2018
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Q4 2011
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Q4 2010
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Q1 2010

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