secwatch.observer — SEC 8-K summary
======================================

Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001767258-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000050/0001767258-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000050/xpel-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001767258-22-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer