secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001767258-25-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

XPEL Q4 revenue $107.5M (+1.9%); net income down 25.7% to $8.9M; EPS $0.32
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- Q4 revenue $107.5M, up 1.9% YoY; ex-China revenue grew 10.5%.
- Q4 net income $8.9M ($0.32 EPS) vs $12.0M ($0.43) in Q4 2023, down 25.7%.
- Q4 EBITDA $14.3M (13.3% margin) down 19.3% YoY; FX loss of $1.2M impacted.
- FY 2024 revenue $420.4M (+6.1%); net income $45.5M ($1.65 EPS) vs $52.8M ($1.91).
- Q1 2025 revenue guidance $97-99M; workforce reduction expected to save ~$2M annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000003/0001767258-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000003/xpel-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001767258-25-000003

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