NASDAQ$XPEL

Xpel Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

XPEL achieved record revenue with a 44.3% increase in Q4 2021.

XPEL reported record revenue of $70.1 million for the fourth quarter of 2021, a 44.3% increase compared to the fourth quarter of 2020. Net income was $6.2 million, or $0.22 per basic and diluted share. The company closed and integrated seven acquisitions that will set us up for success in 2022 particularly as new car inventory rebuilds through the year.

  • Revenue increased 44.3% to $70.1 million compared to Q4 2020.
  • Organic revenue growth was 27.0%.
  • EBITDA grew 23.7% to $10.0 million, or 14.2% of revenue.
  • Net income was $6.2 million, or $0.22 per basic and diluted share.

Headline financials

Total Revenue

$70.1M

Previous: $48.6M+44.3%
EPS (adj)

$0.22

Previous: $0.22+0.0%
Gross margin

35.2%

Previous: 32.8%+7.3%
Operating expenses

$23.00

No prior period
Capital Expenditures

$1.64M

Previous: $423K+288.2%
Free Cash Flow

-$3.55M

Previous: $3.8M-193.3%
Net Income

$6.2M

Previous: $6.09M+1.8%
Operating Income

$8.53M

Previous: $7.33M+16.3%
Gross Profit

$24.7M

Previous: $16M+54.7%
Cash & Equivalents

$9.64M

Previous: $29M-66.8%
Total Assets

$161M

Previous: $83.8M+92.1%
Stock-Based Comp

$92.2K

No prior period

Revenue & EPS history

Xpel · Revenue · Quarterly

$70.1M

Q4 2021+44.3%vs Q4 2020
Beat estimate in 13 of 13 quarters(100%)
ActualEstimate

Revenue by segment

Xpel · $70.1M total across 2 segments · Q4 2021

  • Product revenue
    $56.7M+34.9%
  • Service revenue
    $13.4M+104.2%

Forward guidance

XPEL is set up for success in 2022 particularly as new car inventory rebuilds through 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 Q4 2021

Historical avgQ4 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%
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