NASDAQ$XPEL
Xpel Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
XPEL's Q3 2020 earnings report showed record revenue with a significant increase compared to the previous year.
XPEL reported a strong Q3 2020 with a 29.5% increase in revenue to $46.1 million. Net income grew by 46.5% to $6.6 million, and EBITDA increased by 50.5% to $9.0 million. The company's performance was driven by solid top and bottom-line growth across most regions, capitalizing on the increasing trend toward vehicle ownership.
- Revenues increased by 29.5% to $46.1 million compared to Q3 2019.
- Net income grew by 46.5% to $6.6 million, or $0.24 per basic and diluted share, compared to $4.5 million in Q3 2019.
- EBITDA grew by 50.5% to $9.0 million, representing 19.5% of revenues.
- Cash and cash equivalents totaled $27.2 million as of September 30, 2020, compared to $11.5 million at the end of 2019.
Headline financials
Revenue & EPS history
Xpel · Revenue · Quarterly
$46.1M
Revenue by segment
Xpel · $46.1M total across 2 segments · Q3 2020
- Product revenue$39.5M—85.7%
- Service revenue$6.59M—14.3%
Forward guidance
The company did not provide specific forward guidance in this earnings report. However, the CEO indicated that they are well positioned to continue taking advantage of opportunities in the coming months.
Tailwinds
- Strong top and bottom line performance in Q3.
- Most regions experienced record revenue.
- Relatively strong auto sales in most operating regions.
- Increasing trend toward more vehicle ownership.
- Well-positioned to continue capitalizing on opportunities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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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