{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-15T23:07:23.158247+00:00","company":{"ticker":"XPEL","cik":1767258,"company_name":"XPEL, Inc."},"pagination":{"limit":100,"returned":25,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"PNC Bank, National Association","detail":"credit_facility","count":1,"first_seen":"2026-05-20T12:45:10+00:00","last_seen":"2026-05-20T12:45:10+00:00","evidence_fact_ids":[96203]},{"display_name":"Wells Fargo Bank, National Association","detail":"credit_facility","count":1,"first_seen":"2026-05-20T12:45:10+00:00","last_seen":"2026-05-20T12:45:10+00:00","evidence_fact_ids":[96204]}],"lender":[{"display_name":"PNC Bank, National Association","detail":"loan","count":2,"first_seen":"2026-05-20T12:45:10+00:00","last_seen":"2026-05-20T12:45:10+00:00","evidence_fact_ids":[54898,54899]},{"display_name":"Wells Fargo Bank, N.A.","detail":"revolving_credit","count":1,"first_seen":"2025-09-17T23:59:59+00:00","last_seen":"2025-09-17T23:59:59+00:00","evidence_fact_ids":[41192]}],"ma_counterparty":[{"display_name":"Harvest Venture Holding Company","detail":"acquisition","count":1,"first_seen":"2026-05-20T12:45:10+00:00","last_seen":"2026-05-20T12:45:10+00:00","evidence_fact_ids":[53370]}]},"facts":[{"fact_type":"material_agreement","fact_key":"393cbee619973c192d69a5ca160634e85e069341","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-20T12:45:10+00:00","payload":{"action":"amendment","agreement_name":"Credit Facility Amendment","agreement_type":"credit_facility","counterparty":"Wells Fargo Bank, National Association","effective_date":"2026-05-15","item_codes_triggered":["1.01"],"value_text":"amendment to existing credit facility, permitting Building Loan indebtedness, guaranty, assignment,"},"claim":"XPEL, Inc. amended Credit Facility Amendment with Wells Fargo Bank, National Association valued at amendment to existing credit facility, permitting Building Loan indebtedness, guaranty, assignment, (effective 2026-05-15).","evidence_excerpt":"On May 15, 2026, the Company entered into an amendment (the “Credit Facility Amendment”) to its existing credit facility with Wells Fargo Bank, National Association (the “Credit Facility”).","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-26-000043","anchor_url":"https://secwatch.observer/filing/0001767258-26-000043#claim-393cbee619973c192d69a5ca160634e85e069341","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/0001767258-26-000043-index.htm"},{"fact_type":"material_agreement","fact_key":"2c319655ba56491888ddfa511b851e3df666edc6","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-20T12:45:10+00:00","payload":{"action":"entry","agreement_name":"Building Loan","agreement_type":"credit_facility","counterparty":"PNC Bank, National Association","effective_date":"2026-05-15","item_codes_triggered":["1.01"],"value_text":"$44,800,000 principal, interest at Term SOFR + 125 bps (4.7% at closing), matures 2036-05-15, 25-yea"},"claim":"XPEL, Inc. entered into Building Loan with PNC Bank, National Association valued at $44,800,000 principal, interest at Term SOFR + 125 bps (4.7% at closing), matures 2036-05-15, 25-yea (effective 2026-05-15).","evidence_excerpt":"On May 15, 2026, Harvest entered into a loan agreement (the “Building Loan”) with PNC Bank, National Association (the “Lender”), secured by the Properties.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-26-000043","anchor_url":"https://secwatch.observer/filing/0001767258-26-000043#claim-2c319655ba56491888ddfa511b851e3df666edc6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/0001767258-26-000043-index.htm"},{"fact_type":"debt_financing","fact_key":"424f343fd3d7217abdf3063a4c650f9c39ee7c3b","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-20T12:45:10+00:00","payload":{"counterparty":"PNC Bank, National Association","effective_date":"2026-05-15","event":"incurrence","instrument_type":"guarantee","interest_rate_text":null,"item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":null},"claim":"XPEL, Inc. incurred guarantee with PNC Bank, National Association.","evidence_excerpt":"The Company has guaranteed the obligations of Harvest under the Building Loan (the “Guaranty”).","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-26-000043","anchor_url":"https://secwatch.observer/filing/0001767258-26-000043#claim-424f343fd3d7217abdf3063a4c650f9c39ee7c3b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/0001767258-26-000043-index.htm"},{"fact_type":"debt_financing","fact_key":"d8e7e156e9a0915aad813e4c61faef96f33d1105","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-20T12:45:10+00:00","payload":{"counterparty":"PNC Bank, National Association","effective_date":"2026-05-15","event":"incurrence","instrument_type":"loan","interest_rate_text":"the Term SOFR Rate plus 125 basis points (1.25%); at closing: 4.7% per annum","item_codes_triggered":["2.03"],"maturity_text":"May 15, 2036 (ten years from the closing date)","principal_text":"$44,800,000"},"claim":"XPEL, Inc. incurred loan of $44,800,000 with PNC Bank, National Association at the Term SOFR Rate plus 125 basis points (1.25%); at closing: 4.7% per annum maturing May 15, 2036 (ten years from the closing date).","evidence_excerpt":"On May 15, 2026, Harvest entered into a loan agreement (the “Building Loan”) with PNC Bank, National Association (the “Lender”), secured by the Properties. The Building Loan has a principal amount of $44,800,000, bears interest at the sum of (A) the Term SOFR Rate in effect on each Reset Date (each as defined in the Note included as Exhibit 10.2) plus (B) 125 basis points (1.25%), matures on May 15, 2036 (ten years from the closing date), and amortizes over a twenty-five (25) year schedule.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-26-000043","anchor_url":"https://secwatch.observer/filing/0001767258-26-000043#claim-d8e7e156e9a0915aad813e4c61faef96f33d1105","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/0001767258-26-000043-index.htm"},{"fact_type":"ma_transaction","fact_key":"c7c3ddd2dbe397bfd309cbcb8404c686297bfb2c","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-20T12:45:10+00:00","payload":{"action":"acquisition","closing_date":"2026-05-15","consideration_text":"approximately $60,400,000","counterparty":"Harvest Venture Holding Company (wholly-owned subsidiary)","effective_date":"2026-05-15","item_codes_triggered":["2.01"]},"claim":"XPEL, Inc. completed an acquisition involving Harvest Venture Holding Company (wholly-owned subsidiary) for approximately $60,400,000 (closed 2026-05-15).","evidence_excerpt":"had previously assigned its rights under the real estate purchase agreement for the Properties to Harvest. The aggregate purchase price for the Properties was approximately $60,400,000. Building Loan In connection with the Acquisition, on May 15, 2026, Harvest entered into a loan agreement (the “Building Loan”) with PNC Bank, National Association (the","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-26-000043","anchor_url":"https://secwatch.observer/filing/0001767258-26-000043#claim-c7c3ddd2dbe397bfd309cbcb8404c686297bfb2c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000043/0001767258-26-000043-index.htm"},{"fact_type":"earnings_release","fact_key":"1dce3e67a5c8a16bb865aaacb016fcd443a06aea","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-05-06T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$10.3 million, or $0.37 per basic and $0.37 per diluted share","period_text":"first quarter ended March 31, 2026","report_date":"2026-05-06","result_type":"reported_results","revenue_text":"$117.4 million"},"claim":"XPEL, Inc. reported first quarter ended March 31, 2026 results: revenue $117.4 million, net income $10.3 million, or $0.37 per basic and $0.37 per diluted share. Guidance initiated.","evidence_excerpt":"or the Exchange Act, except as may be expressly set forth by specific reference in such filing. \n\n--- EX-99.1 (EX-99.1) ---\n\nEx. 99.1 XPEL Reports Revenue Growth of 13.1% to $117.4 million, EBITDA Growth of 17.8% to $17.0 million in First Quarter 2026 San Antonio, TX – May 6, 2026 – XPEL, Inc. (Nasdaq: XPEL) (the \"Company\"), a global provider of protective films","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-26-000032","anchor_url":"https://secwatch.observer/filing/0001767258-26-000032#claim-1dce3e67a5c8a16bb865aaacb016fcd443a06aea","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000032/0001767258-26-000032-index.htm"},{"fact_type":"executive_change","fact_key":"a974cccdb4","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-04-29T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-04-23","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Mark Thornton was appointed as Director at XPEL, Inc..","evidence_excerpt":"On April 23, 2026, the Board of Directors of XPEL, Inc. (the “Company) appointed Mark Thornton to the Board of Directors of the Company.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-26-000017","anchor_url":"https://secwatch.observer/filing/0001767258-26-000017#claim-a974cccdb4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000017/0001767258-26-000017-index.htm"},{"fact_type":"governance_change","fact_key":"f608fd5f0eaaf736fa8c8195fa91f4477350078b","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2026-02-25T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2026-02-19","item_codes_triggered":["5.03"],"summary_text":"Amended bylaws to require cause for director removal and supermajority stockholder vote or majority board vote for removal"},"claim":"XPEL, Inc.: Amended bylaws to require cause for director removal and supermajority stockholder vote or majority board vote for removal (effective 2026-02-19).","evidence_excerpt":"On February 19, 2026, XPEL, Inc. (“XPEL” or the “Company”) amended its bylaws (the “Amendment”) to promote continuity in Board composition and allow directors to focus on long-term corporate interests by providing that directors may only be removed by the stockholders for cause and only by either (a) the affirmative vote of the holders of at least two‐thirds (2/3) of the voting power of the Company’s issued and outstanding shares entitled to vote generally in the election of directors, voting together as a single class, at a meeting of stockholders called expressly for that purpose, or (b) the affirmative vote of a majority of the Board at a meeting of the Board of Directors called expressly for that purpose.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-26-000010","anchor_url":"https://secwatch.observer/filing/0001767258-26-000010#claim-f608fd5f0eaaf736fa8c8195fa91f4477350078b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725826000010/0001767258-26-000010-index.htm"},{"fact_type":"governance_change","fact_key":"315b11ec1a890d5d1fb76e028091c4c0a273abe0","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2025-11-04T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-10-28","item_codes_triggered":["5.03"],"summary_text":"Amended bylaws to designate exclusive forums for certain actions, including shareholder derivative claims and federal securities law claims."},"claim":"XPEL, Inc.: Amended bylaws to designate exclusive forums for certain actions, including shareholder derivative claims and federal securities law claims (effective 2025-10-28).","evidence_excerpt":"On October 28, 2025, XPEL, Inc. (“XPEL” or the “Corporation”) amended its bylaws (the “Amendment”) to provide that the Eighth Judicial District Court of Clark County, Nevada (or, if the Eighth Judicial District Court of Clark County, Nevada does not have jurisdiction, any other state court located within the State of Nevada) shall be the sole and exclusive forum for any actions, suits or proceedings, whether civil, administrative or investigative (i) brought in the name or right of the Corporation or on its behalf, (ii) asserting a claim for breach of any fiduciary duty owed by any current or former director, officer, employee or agent of the Corporation to the Corporation or the Corporation’s stockholders, (iii) any internal action (as defined in NRS 78.046) including any action asserting a claim against the Corporation arising pursuant to any provision of NRS Chapters 78 or 92A, the articles of incorporation or the Bylaws, or any agreement as to which the NRS confers jurisdiction on","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-25-000061","anchor_url":"https://secwatch.observer/filing/0001767258-25-000061#claim-315b11ec1a890d5d1fb76e028091c4c0a273abe0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725825000061/0001767258-25-000061-index.htm"},{"fact_type":"debt_financing","fact_key":"a5a0c60d6f290a1debffdcb75736972154e14c0d","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2025-09-17T23:59:59+00:00","payload":{"counterparty":"Wells Fargo Bank, N.A., as Administrative Agent","effective_date":"2025-09-11","event":"amendment","instrument_type":"revolving_credit","interest_rate_text":"Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to","item_codes_triggered":["2.03"],"maturity_text":"September 11, 2028","principal_text":"$125 million"},"claim":"XPEL, Inc. amended revolving credit of $125 million with Wells Fargo Bank, N.A., as Administrative Agent at Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to maturing September 11, 2028.","evidence_excerpt":"of the Credit Agreement from April 6, 2026 to September 11, 2028. The Credit Agreement provides for secured revolving loans and letters of credit in an aggregate amount of up to $125 million. Borrowings under the Credit Agreement bear interest, at XPEL’s option, at a rate equal to either (a) Base Rate or (b) Adjusted Term SOFR. In addition to the applicable interest","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-25-000054","anchor_url":"https://secwatch.observer/filing/0001767258-25-000054#claim-a5a0c60d6f290a1debffdcb75736972154e14c0d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm"},{"fact_type":"executive_change","fact_key":"249e76eeda","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2025-02-24T23:59:59+00:00","payload":{"action":"separated","action_category":"departure","departure_tone":"routine","effective_date":"2025-02-18","interim":false,"role":"Senior Vice President, General Counsel and Corporate Secretary","role_category":"general_counsel","successor_name":null,"successor_named":false},"claim":"Babatunde Awodiran departed as Senior Vice President, General Counsel and Corporate Secretary at XPEL, Inc..","evidence_excerpt":"Effective February 18, 2025, Babatunde Awodiran, Senior Vice President, General Counsel and Corporate Secretary, has separated from the Company.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001628280-25-007247","anchor_url":"https://secwatch.observer/filing/0001628280-25-007247#claim-249e76eeda","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000162828025007247/0001628280-25-007247-index.htm"},{"fact_type":"earnings_release","fact_key":"b29bcc73fe6fefeb3f5e1d4645ecd8820dcbb234","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2024-02-22T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the year ended December 31, 2023","report_date":"2024-02-22","result_type":"reported_results","revenue_text":null},"claim":"XPEL, Inc. updated its the year ended December 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On February 22, 2024, XPEL, Inc. (“XPEL”) announced its consolidated financial results for the quarter and year ended December 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-24-000003","anchor_url":"https://secwatch.observer/filing/0001767258-24-000003#claim-b29bcc73fe6fefeb3f5e1d4645ecd8820dcbb234","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725824000003/0001767258-24-000003-index.htm"},{"fact_type":"earnings_release","fact_key":"662adae9469f8cb92634b7fd499c8ae785530b12","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2024-02-22T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the quarter ended December 31, 2023","report_date":"2024-02-22","result_type":"reported_results","revenue_text":null},"claim":"XPEL, Inc. updated its the quarter ended December 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On February 22, 2024, XPEL, Inc. (“XPEL”) announced its consolidated financial results for the quarter and year ended December 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-24-000003","anchor_url":"https://secwatch.observer/filing/0001767258-24-000003#claim-662adae9469f8cb92634b7fd499c8ae785530b12","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725824000003/0001767258-24-000003-index.htm"},{"fact_type":"earnings_release","fact_key":"4bf3422caee0e9ed68ac9dec814b1e13f136d8d6","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-11-08T23:59:59+00:00","payload":{"eps_text":"$0.49 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$13.7 million, or $0.49 per share","period_text":"the quarter ended September 30, 2023","report_date":"2023-11-08","result_type":"reported_results","revenue_text":"$102.7 million"},"claim":"XPEL, Inc. reported the quarter ended September 30, 2023 results: revenue $102.7 million, net income $13.7 million, or $0.49 per share, EPS $0.49 per share.","evidence_excerpt":"XPEL Reports Record Revenue of $102.7 million in Third Quarter 2023","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-23-000066","anchor_url":"https://secwatch.observer/filing/0001767258-23-000066#claim-4bf3422caee0e9ed68ac9dec814b1e13f136d8d6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000066/0001767258-23-000066-index.htm"},{"fact_type":"governance_change","fact_key":"484a6978b710aea63729f5676d0b80c82090d7af","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-11-01T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2023-10-31","item_codes_triggered":["5.03"],"summary_text":"Amended Sections 2.8 and 2.13 and added Section 2.15 to impose universal proxy card advance notice requirements for shareholder nominees"},"claim":"XPEL, Inc.: Amended Sections 2.8 and 2.13 and added Section 2.15 to impose universal proxy card advance notice requirements for shareholder nominees (effective 2023-10-31).","evidence_excerpt":"On October 31, 2023, the Board of Directors (“the Board”) of XPEL, Inc. adopted certain amendments to the Company's By-Laws, effective as of October 31, 2023, primarily under Sections 2.8 and 2.13 and new Section 2.15, to stipulate certain universal proxy card advance notice requirements that shareholders, intending to include their nominees on the Company’s management proxy card, must comply with before such nominees may be included in the proxy card.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-23-035980","anchor_url":"https://secwatch.observer/filing/0001628280-23-035980#claim-484a6978b710aea63729f5676d0b80c82090d7af","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000162828023035980/0001628280-23-035980-index.htm"},{"fact_type":"executive_change","fact_key":"b90519cf56","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-10-02T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-10-31","interim":false,"role":"Senior Vice President of Sales and Product","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Mat Moreau retired as Senior Vice President of Sales and Product at XPEL, Inc..","evidence_excerpt":"After over eight years of stellar service with XPEL, Inc. (the “Company”) Mr. Mat Moreau, Senior Vice President of Sales and Product, has decided to retire from the Company, effective October 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001767258-23-000057","anchor_url":"https://secwatch.observer/filing/0001767258-23-000057#claim-b90519cf56","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000057/0001767258-23-000057-index.htm"},{"fact_type":"executive_change","fact_key":"1b49ebe0ac","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-08-29T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-08-29","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"John North was appointed as Director at XPEL, Inc..","evidence_excerpt":"On August 29, 2023, the Board of Directors of XPEL, Inc. (the “Company”) appointed Mr. John North to the Board of Directors (the “Board”) of the Company with immediate effect.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-23-030827","anchor_url":"https://secwatch.observer/filing/0001628280-23-030827#claim-1b49ebe0ac","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000162828023030827/0001628280-23-030827-index.htm"},{"fact_type":"earnings_release","fact_key":"d277a6b7373e97d532a510a83d6dec4f77255489","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-08-09T23:59:59+00:00","payload":{"eps_text":"$0.98 per basic and diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$27.2 million","period_text":"the six months ended June 30, 2023","report_date":"2023-08-09","result_type":"reported_results","revenue_text":"$188.1 million"},"claim":"XPEL, Inc. reported the six months ended June 30, 2023 results: revenue $188.1 million, net income $27.2 million, EPS $0.98 per basic and diluted share.","evidence_excerpt":"For the Six Months Ended June 30, 2023: Revenues. Revenues increased approximately $32.3 million or 20.8% to $188.1 million as compared to $155.8 million in the first half of the prior year. Gross Margin. Gross margin was 42.5% compared to 39.0% in the first half of 2022. Expenses. Operating expenses increased to $44.8 million, or 23.8% of sales, compared to $34.9 million, or 22.4% of sales in the prior year period. Net income. Net income was $27.2 million, or $0.98 per basic and diluted share, versus net income of $19.7 million, or $0.71 per basic and diluted share in the first half of 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-23-000052","anchor_url":"https://secwatch.observer/filing/0001767258-23-000052#claim-d277a6b7373e97d532a510a83d6dec4f77255489","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000052/0001767258-23-000052-index.htm"},{"fact_type":"earnings_release","fact_key":"fdae382464dd3cd27b7adadc754b69d197ae5910","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-08-09T23:59:59+00:00","payload":{"eps_text":"$0.57 per basic and diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$15.7 million","period_text":"the quarter ended June 30, 2023","report_date":"2023-08-09","result_type":"reported_results","revenue_text":"$102.2 million"},"claim":"XPEL, Inc. reported the quarter ended June 30, 2023 results: revenue $102.2 million, net income $15.7 million, EPS $0.57 per basic and diluted share.","evidence_excerpt":"For the Quarter Ended June 30, 2023: Revenues. Revenues increased approximately $18.3 million or 21.9% to $102.2 million as compared to $83.9 million in the second quarter of the prior year. Gross Margin. Gross margin was 43.0% compared to 39.3% in the second quarter of 2022. Expenses. Operating expenses increased to $23.8 million, or 23.3% of sales, compared to $17.2 million, or 20.5% of sales in the prior year period. Net income. Net income was $15.7 million, or $0.57 per basic and diluted share, versus net income of $11.9 million, or $0.43 per basic and diluted share in the second quarter of 2022.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001767258-23-000052","anchor_url":"https://secwatch.observer/filing/0001767258-23-000052#claim-fdae382464dd3cd27b7adadc754b69d197ae5910","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000052/0001767258-23-000052-index.htm"},{"fact_type":"executive_change","fact_key":"2c6ed0884d","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-06-28T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2023-06-27","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Mark Adams retired as Director at XPEL, Inc..","evidence_excerpt":"On June 27, 2023, Mr. Mark Adams, a member of the Board of Directors of XPEL, Inc. (the “Company”) notified the Company of his intention to retire from the Company’s Board of Directors (the “Board”), effective June 27, 2023.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001628280-23-023760","anchor_url":"https://secwatch.observer/filing/0001628280-23-023760#claim-2c6ed0884d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000162828023023760/0001628280-23-023760-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d8578949ea220e58895dfce38cd4fe6b268cec98","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"passed","proposal_text":"To approve, on an advisory basis, the compensation of the Company’s named executive officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"3,248,903","subject":null,"votes_abstain":"3,594","votes_against":"495,962","votes_for":"16,683,855","votes_withheld":null}]},"claim":"XPEL, Inc. shareholders approved To approve, on an advisory basis, the compensation of the Company’s named executive officers at the 2023-05-24 meeting.","evidence_excerpt":"To approve, on an advisory basis, the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Vote 16,683,855 495,962 3,594 3,248,903","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-23-000044","anchor_url":"https://secwatch.observer/filing/0001767258-23-000044#claim-d8578949ea220e58895dfce38cd4fe6b268cec98","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000044/0001767258-23-000044-index.htm"},{"fact_type":"shareholder_vote","fact_key":"617c29549cbd46251e7cff42cf859c9857b9ef36","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"passed","proposal_text":"To approve an amendment to the XPEL Inc. 2020 Equity Incentive Plan to increase the number of shares reserved under the Plan from 275,000 shares to 550,000 shares","proposal_type":"equity_plan","results":[{"broker_non_votes":"3,248,903","subject":null,"votes_abstain":"3,360","votes_against":"482,898","votes_for":"16,697,153","votes_withheld":null}]},"claim":"XPEL, Inc. shareholders approved To approve an amendment to the XPEL Inc. 2020 Equity Incentive Plan to increase the number of shares reserved under the Plan from 275,000 shares to 550,000 shares at the 2023-05-24 meeting.","evidence_excerpt":"To approve an amendment to the XPEL Inc. 2020 Equity Incentive Plan to increase the number of shares reserved under the Plan from 275,000 shares to 550,000 shares. For Against Abstain Broker Non-Vote 16,697,153 482,898 3,360 3,248,903","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-23-000044","anchor_url":"https://secwatch.observer/filing/0001767258-23-000044#claim-617c29549cbd46251e7cff42cf859c9857b9ef36","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000044/0001767258-23-000044-index.htm"},{"fact_type":"shareholder_vote","fact_key":"8e42ea33653c4f08045e75cd3be0ad2dec7f1e05","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"passed","proposal_text":"To ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"2,716","votes_against":"13,433","votes_for":"20,416,165","votes_withheld":null}]},"claim":"XPEL, Inc. shareholders approved To ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 at the 2023-05-24 meeting.","evidence_excerpt":"To ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023: For Against Abstain 20,416,165 13,433 2,716","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-23-000044","anchor_url":"https://secwatch.observer/filing/0001767258-23-000044#claim-8e42ea33653c4f08045e75cd3be0ad2dec7f1e05","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000044/0001767258-23-000044-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1cd351f55e511fd86181b6f75a884966e772ab5d","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-05-26T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-24","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"3,248,903","subject":"Ryan L. Pape","votes_abstain":null,"votes_against":null,"votes_for":"16,677,889","votes_withheld":"505,522"},{"broker_non_votes":"3,248,903","subject":"Mark E. Adams","votes_abstain":null,"votes_against":null,"votes_for":"16,986,759","votes_withheld":"196,652"},{"broker_non_votes":"3,248,903","subject":"Stacy L. Bogart","votes_abstain":null,"votes_against":null,"votes_for":"15,391,424","votes_withheld":"1,791,987"},{"broker_non_votes":"3,248,903","subject":"Richard K. Crumly","votes_abstain":null,"votes_against":null,"votes_for":"14,030,524","votes_withheld":"3,152,887"},{"broker_non_votes":"3,248,903","subject":"Michael A. Klonne","votes_abstain":null,"votes_against":null,"votes_for":"15,359,540","votes_withheld":"1,823,871"}]},"claim":"XPEL, Inc. shareholders approved Election of Directors at the 2023-05-24 meeting.","evidence_excerpt":"For Withhold Broker Non-Vote Ryan L. Pape 16,677,889 505,522 3,248,903 Mark E. Adams 16,986,759 196,652 3,248,903 Stacy L. Bogart 15,391,424 1,791,987 3,248,903 Richard K. Crumly 14,030,524 3,152,887 3,248,903 Michael A. Klonne 15,359,540 1,823,871 3,248,903","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0001767258-23-000044","anchor_url":"https://secwatch.observer/filing/0001767258-23-000044#claim-1cd351f55e511fd86181b6f75a884966e772ab5d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000044/0001767258-23-000044-index.htm"},{"fact_type":"earnings_release","fact_key":"9c2f0cd1476ec68db8d222435a1e9425bcd65387","cik":1767258,"ticker":"XPEL","company_name":"XPEL, Inc.","filed_at":"2023-05-09T23:59:59+00:00","payload":{"eps_text":"$0.41 per share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$11.4 million","period_text":"the quarter ended March 31, 2023","report_date":"2023-05-09","result_type":"reported_results","revenue_text":"$85.8 million"},"claim":"XPEL, Inc. reported the quarter ended March 31, 2023 results: revenue $85.8 million, net income $11.4 million, EPS $0.41 per share.","evidence_excerpt":"XPEL Revenues Increase 19.5% to $85.8 Million in First Quarter 2023 With Gross Margin of 41.9%","confidence":0.99,"filing_url":"https://secwatch.observer/filing/0001767258-23-000040","anchor_url":"https://secwatch.observer/filing/0001767258-23-000040#claim-9c2f0cd1476ec68db8d222435a1e9425bcd65387","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1767258/000176725823000040/0001767258-23-000040-index.htm"}]}