Xpel Company profile
About Xpel Inc
Xpel Inc. manufactures, sells and installs after-market automotive products, including automotive surface and paint protection, headlight protection, and automotive window films. The Company’s products include architectural window film (both commercial and residential) and security film protection for commercial and residential uses, and also provides automotive ceramic coatings products. Its products also include ULTIMATE PLUS paint protection film (PPF), ULTIMATE PLUS BLACK PPF, ULTIMATE PLUS, STEALTH satin PPF, TRACWRAP temporary protection film, ARMOR protective film, RX 8 gloss protective film, RX 8 matte protective film, RX 10 gloss protective film, RX 10 matte protective film and PRIME automotive window. The Company also offers car care services, including anti-static glass cleaner, ceramic boost, detail spray, interior cleaner, iron remover, paint protection film (PPF) cleaner, PPF sealant, rinse-free car wash, water spot remover, cleaning & detailing, towels & microfibers.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Xpel Inc revenues increased 63% to $259.3M. Net income increased 73% to $31.6M. Revenues reflect Paint protection film segment increase of 53% to $169.9M, Window film segment increase of 83% to $38.4M, United States segment increase of 78% to $133.5M, China segment increase of 41% to $46.3M. Basic Earnings per Share excluding Extraordinary Items increased from $0.66 to $1.14.