secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001767258-23-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL Q2 revenue hits record $102.2M, up 21.9%; EPS $0.57 vs $0.43 YoY
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- Revenue $102.2M (+21.9% YoY); gross margin 43.0% all-time high.
- Net income $15.7M ($0.57/diluted share) vs $11.9M ($0.43) in Q2 2022.
- EBITDA $22.4M (21.9% of revenue), up 30.5% from $17.2M.
- First-half revenue $188.1M (+20.8%); net income $27.2M ($0.98/share).
- CEO notes protective film demand expanding beyond enthusiast market to broader auto buyers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725823000052/0001767258-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725823000052/xpel-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001767258-23-000052

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