NASDAQ$XPEL

Xpel Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

XPEL's revenue increased by 48.6% to $68.5 million, with net income growing by 26.1% to $8.3 million in Q3 2021.

XPEL reported a strong third quarter in 2021, with a significant increase in revenue and net income. Revenues increased by 48.6% to $68.5 million, while net income grew by 26.1% to $8.3 million, or $0.30 per basic and diluted share.

  • Revenues increased 48.6% to $68.5 million compared to third quarter 2020.
  • Organic revenue growth was 38.4%.
  • Net income grew 26.1% to $8.3 million, or $0.30 per basic and diluted share, compared to the same quarter of 2020.
  • EBITDA grew 27.1% to $11.4 million, or 16.6% of revenues compared to third quarter 2020.

Headline financials

Total Revenue

$68.5M

Previous: $46.1M+48.6%
EPS (adj)

$0.32

Previous: $0.24+33.3%
Gross margin

35.7%

Previous: 34.8%+2.6%
EBITDA

$11.4M

No prior period
Capital Expenditures

-$5.08M

Previous: -$1.36M-274.2%
Free Cash Flow

$3.25M

Previous: $5.25M-38.1%
Net Income

$8.33M

Previous: $6.61M+26.1%
Operating Income

$10.4M

Previous: $8.41M+23.2%
Gross Profit

$24.5M

Previous: $16M+52.6%
Cash & Equivalents

$7.82M

Previous: $27.2M-71.3%
Total Assets

$124M

Previous: $76.2M+63.3%
Stock-Based Comp

$76.8K

No prior period

Revenue & EPS history

Xpel · Revenue · Quarterly

$68.5M

Q3 2021+48.6%vs Q3 2020
Beat estimate in 12 of 12 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $68.5M total across 2 segments · Q3 2021

  • Product revenue
    $57M+44.2%
  • Service revenue
    $11.5M+74.9%

Forward guidance

No forward guidance was provided in the earnings report.

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 2021

Historical avgQ3 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
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%
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———
Q4 2015———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q2 2013———
Q1 2013———
Q4 2012———
Q3 2012———
Q2 2012———
Q1 2012———
Q4 2011———
Q3 2011———
Q2 2011———
Q1 2011———
Q4 2010———
Q3 2010———
Q2 2010———
Q1 2010———

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