XPEL, Inc. (XPEL) Misses Q4 EPS by 8c
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XPEL Reports Record Revenue of $70.1 Million in Fourth Quarter 2021; Fourth Quarter Revenue Increase of 44.3%; Full Year Revenue Increase of 63.1%
February 28, 2022 8:30 AM ESTSAN ANTONIO--(BUSINESS WIRE)-- XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced results for the fourth quarter and year ended December 31, 2021.
Fourth Quarter 2021 Highlights:
Revenue increased 44.3% to $70.1 million compared to fourth quarter 2020. Organic revenue growth was 27.0%. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew 23.7% to $10.0 million, or 14.2% of revenue compared to $8.1 million, or 16.6% of revenue in fourth quarter 2020.1Year End 2021 Highlights:
Revenue increased 63.1% to $259.3 million as compared to $158.9 million... More