secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001767258-22-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL reports record Q3 revenue of $89.8M, net income up 59.9% to $13.3M
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- Revenue rose 31% YoY to $89.8M; gross margin improved to a record 39.8% from 35.7%.
- Net income of $13.3M ($0.48 EPS) vs. $8.3M ($0.30 EPS) in Q3 2021.
- EBITDA grew 66% to $18.9M (21.1% of revenue) compared to $11.4M (16.6%) last year.
- First nine months revenue $245.5M (+29.8%); net income $33.0M ($1.20 EPS) vs. $25.4M ($0.92 EPS).
- CEO cites strong performance across most regions despite economic uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/0001767258-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725822000072/xpel-20221109.htm
  HTML page:      https://secwatch.observer/filing/0001767258-22-000072

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