XPEL Q2 2022 revenue $83.9M (+22% YoY), EPS $0.43, gross margin 39.3%

XPEL, Inc.

2022-Q2 EPS reported $0.71 revenue$155,754,000

Revenue rose 22% to a record $83.9M; net income $11.9M ($0.43 diluted EPS) vs $10.2M ($0.37) a year ago.
Gross margin improved to 39.3% from 36.7% in Q2 2021, a new company high.
EBITDA grew 26.6% to $17.2M (20.5% of revenue) vs $13.6M (19.7% of revenue) in prior-year quarter.
First-half 2022 revenue $155.8M (+29.1% YoY); net income $19.7M ($0.71 EPS) vs $17.0M ($0.62).
CEO cited strong demand despite tight new-car inventory, COVID China impacts, and USD strength.

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