NASDAQ$XPEL

Xpel Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

XPEL's Q4 2020 earnings report revealed record revenue with a substantial increase in net income.

XPEL reported record revenue of $48.6 million for Q4 2020, a 23.1% increase compared to Q4 2019. Net income also grew by 31.8% to $6.1 million, or $0.22 per share. The company's full-year revenue increased by 22.3% to $158.9 million.

  • Revenues increased 23.1% to $48.6 million compared to the fourth quarter of 2019.
  • Net income grew 31.8% to $6.1 million, or $0.22 per basic and diluted share, compared to $4.6 million in the same quarter of 2019.
  • EBITDA grew 45.3% to $8.1 million, or 16.6% of revenues compared to $5.6 million in the fourth quarter of 2019.
  • Full-year revenue increased 22.3% to $158.9 million compared to full-year 2019.

Headline financials

Total Revenue

$48.6M

Previous: $39.5M+23.1%
EPS (adj)

$0.22

Previous: $0.17+29.4%
Gross margin

32.8%

Previous: 31.5%+4.1%
Capital Expenditures

$423K

Previous: $576K-26.5%
Free Cash Flow

$3.8M

Previous: $4.74M-19.8%
Net Income

$6.09M

Previous: $4.61M+32.1%
Operating Income

$7.33M

Previous: $4.97M+47.4%
Gross Profit

$16M

Previous: $12.5M+28.1%
Cash & Equivalents

$29M

Previous: $11.5M+152.4%
Total Assets

$83.8M

Previous: $51.6M+62.5%

Revenue & EPS history

Xpel · Revenue · Quarterly

$48.6M

Q4 2020+23.1%vs Q4 2019
Beat estimate in 9 of 9 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $48.6M total across 2 segments · Q4 2020

  • Product revenue
    $42M
  • Service revenue
    $6.59M

Forward guidance

The company is focused on continuing the momentum achieved in the back half of 2020 and has filed an automatic shelf registration statement on Form S-3 to provide flexibility in raising capital should the need arise.

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 Q4 2020

Historical avgQ4 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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Q4 2011
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