NASDAQ$XPEL

Xpel Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

XPEL's revenue and net income increased in Q2 2020.

XPEL reported a 19.0% increase in revenue and a 32.1% increase in net income for the second quarter of 2020, driven by strong performance in the United States and China. The company achieved record revenue in June and managed expenses effectively, leading to substantial net income growth and record operating cash flow.

  • Revenue increased by 19.0% to $35.8 million compared to Q2 2019.
  • Net income grew by 32.1% to $4.0 million, or $0.14 per share, compared to $3.0 million in Q2 2019.
  • EBITDA increased by 29.2% to $5.7 million, representing 15.8% of revenues.
  • The company saw incredible top line resilience, led by the United States and China, culminating in a record revenue month in June.

Headline financials

Total Revenue

$35.8M

Previous: $30.1M+19.0%
EPS (adj)

$0.14

Previous: $0.11+27.3%
Gross margin

32.8%

Previous: 35.3%-7.1%
EBITDA

$5.7M

Previous: $4.4M+29.5%
Capital Expenditures

-$1.04M

Previous: -$764K-36.4%
Free Cash Flow

$2.93M

Previous: $2.24M+30.8%
Net Income

$3.97M

Previous: $3.01M+32.2%
Operating Income

$5.14M

Previous: $3.97M+29.4%
Gross Profit

$11.7M

Previous: $10.6M+10.5%
Cash & Equivalents

$25.8M

Previous: $5.47M+371.2%
Total Assets

$68.2M

Previous: $43.3M+57.3%

Revenue & EPS history

Xpel · Revenue · Quarterly

$35.8M

Q2 2020+19%vs Q2 2019
Beat estimate in 7 of 7 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $103M total across 2 segments · Q3 2023

  • Product revenue
    $81.1M+11.7%
  • Service revenue
    $21.6M+25.7%

Forward guidance

While the economy continues to face uncertainty related to future COVID-19 impacts, XPEL is cautiously optimistic that its second quarter momentum will continue as the company moves through the rest of the year.

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 Q2 2020

Historical avgQ2 2020

+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%
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