Xpel Inc
NASDAQ:XPEL
Income Statement
Earnings Waterfall
Xpel Inc
Revenue
|
396.3m
USD
|
Cost of Revenue
|
-233.9m
USD
|
Gross Profit
|
162.4m
USD
|
Operating Expenses
|
-95.4m
USD
|
Operating Income
|
67m
USD
|
Other Expenses
|
-14.2m
USD
|
Net Income
|
52.8m
USD
|
Income Statement
Xpel Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
18
N/A
|
20
+12%
|
24
+17%
|
27
+15%
|
30
+10%
|
32
+9%
|
35
+9%
|
38
+7%
|
42
+9%
|
45
+8%
|
47
+5%
|
50
+6%
|
52
+4%
|
53
+2%
|
56
+6%
|
60
+7%
|
67
+12%
|
80
+19%
|
92
+15%
|
103
+13%
|
110
+6%
|
110
0%
|
111
+1%
|
117
+6%
|
130
+11%
|
134
+3%
|
139
+4%
|
150
+8%
|
159
+6%
|
182
+15%
|
215
+18%
|
238
+10%
|
259
+9%
|
279
+8%
|
294
+5%
|
316
+7%
|
324
+3%
|
338
+4%
|
356
+5%
|
369
+4%
|
396
+7%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(12)
|
(14)
|
(16)
|
(19)
|
(20)
|
(22)
|
(24)
|
(26)
|
(29)
|
(32)
|
(34)
|
(36)
|
(38)
|
(39)
|
(41)
|
(45)
|
(51)
|
(59)
|
(67)
|
(74)
|
(77)
|
(76)
|
(75)
|
(78)
|
(86)
|
(88)
|
(93)
|
(99)
|
(105)
|
(120)
|
(140)
|
(154)
|
(167)
|
(177)
|
(185)
|
(194)
|
(197)
|
(202)
|
(210)
|
(217)
|
(234)
|
|
Gross Profit |
6
N/A
|
7
+12%
|
8
+15%
|
9
+13%
|
9
+9%
|
10
+11%
|
11
+9%
|
12
+6%
|
12
+3%
|
13
+4%
|
13
+3%
|
14
+4%
|
14
+2%
|
14
+1%
|
15
+6%
|
15
+3%
|
17
+9%
|
21
+25%
|
25
+19%
|
30
+19%
|
33
+13%
|
34
+2%
|
36
+6%
|
40
+9%
|
44
+10%
|
46
+5%
|
47
+2%
|
51
+8%
|
54
+7%
|
62
+15%
|
76
+22%
|
84
+11%
|
93
+10%
|
102
+10%
|
110
+8%
|
121
+10%
|
128
+5%
|
136
+7%
|
147
+8%
|
153
+4%
|
162
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(20)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(29)
|
(29)
|
(30)
|
(31)
|
(33)
|
(39)
|
(45)
|
(53)
|
(61)
|
(65)
|
(70)
|
(74)
|
(77)
|
(84)
|
(89)
|
(95)
|
|
Selling, General & Administrative |
(4)
|
(4)
|
(5)
|
(6)
|
(6)
|
(7)
|
(8)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(11)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(20)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(29)
|
(29)
|
(30)
|
(31)
|
(33)
|
(39)
|
(45)
|
(53)
|
(61)
|
(65)
|
(70)
|
(74)
|
(77)
|
(84)
|
(89)
|
(95)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2
N/A
|
2
+10%
|
3
+17%
|
3
+4%
|
3
+4%
|
3
N/A
|
3
N/A
|
3
N/A
|
3
+10%
|
3
-16%
|
3
+11%
|
4
+17%
|
3
-6%
|
2
-30%
|
2
N/A
|
2
-22%
|
2
+22%
|
5
+118%
|
7
+44%
|
9
+33%
|
12
+28%
|
12
-3%
|
12
+5%
|
15
+22%
|
17
+16%
|
17
+1%
|
18
+6%
|
21
+15%
|
23
+11%
|
29
+25%
|
37
+26%
|
39
+5%
|
40
+3%
|
42
+4%
|
45
+7%
|
52
+15%
|
54
+5%
|
59
+9%
|
63
+8%
|
64
+0%
|
67
+5%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
2
N/A
|
2
+10%
|
3
+17%
|
3
+4%
|
3
N/A
|
3
+4%
|
3
-3%
|
3
-4%
|
2
-11%
|
2
N/A
|
3
+17%
|
3
+21%
|
3
-12%
|
2
-23%
|
2
-4%
|
2
-27%
|
2
+31%
|
5
+124%
|
7
+43%
|
9
+34%
|
12
+28%
|
11
-4%
|
12
+6%
|
14
+22%
|
17
+19%
|
17
-3%
|
18
+7%
|
21
+16%
|
23
+11%
|
29
+29%
|
37
+26%
|
39
+5%
|
39
+2%
|
41
+4%
|
43
+6%
|
49
+15%
|
52
+5%
|
57
+9%
|
61
+8%
|
62
+1%
|
66
+7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(5)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(9)
|
(10)
|
(11)
|
(12)
|
(13)
|
(13)
|
(13)
|
|
Income from Continuing Operations |
1
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
3
|
5
|
7
|
9
|
9
|
9
|
11
|
14
|
14
|
15
|
17
|
18
|
24
|
30
|
31
|
32
|
33
|
34
|
39
|
41
|
45
|
49
|
49
|
53
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1
N/A
|
2
+14%
|
2
+13%
|
2
+6%
|
3
+63%
|
3
+10%
|
3
N/A
|
3
-3%
|
2
-52%
|
2
-6%
|
2
+13%
|
2
+18%
|
2
+10%
|
1
-36%
|
1
N/A
|
1
-21%
|
1
-9%
|
3
+210%
|
5
+55%
|
7
+38%
|
9
+32%
|
9
-2%
|
9
+6%
|
11
+26%
|
14
+24%
|
14
-2%
|
15
+7%
|
17
+14%
|
18
+9%
|
24
+28%
|
30
+26%
|
31
+6%
|
32
+1%
|
33
+3%
|
34
+5%
|
39
+15%
|
41
+6%
|
45
+9%
|
49
+8%
|
49
+1%
|
53
+7%
|
|
EPS (Diluted) |
0.05
N/A
|
0.06
+20%
|
0.07
+17%
|
0.07
N/A
|
0.12
+71%
|
0.13
+8%
|
0.13
N/A
|
0.13
N/A
|
0.06
-54%
|
0.06
N/A
|
0.07
+17%
|
0.08
+14%
|
0.09
+13%
|
0.06
-33%
|
0.06
N/A
|
0.04
-33%
|
0.04
N/A
|
0.11
+175%
|
0.17
+55%
|
0.24
+41%
|
0.32
+33%
|
0.31
-3%
|
0.33
+6%
|
0.41
+24%
|
0.51
+24%
|
0.5
-2%
|
0.53
+6%
|
0.61
+15%
|
0.66
+8%
|
0.85
+29%
|
1.08
+27%
|
1.14
+6%
|
1.14
N/A
|
1.17
+3%
|
1.23
+5%
|
1.41
+15%
|
1.5
+6%
|
1.62
+8%
|
1.76
+9%
|
1.77
+1%
|
1.91
+8%
|