Xpel Historical Income Statement
| XPEL Stock | USD 45.73 0.88 1.96% |
Historical analysis of Xpel income statement accounts such as Depreciation And Amortization of 10.1 M, Interest Expense of 1.3 M, Selling General Administrative of 66.8 M or Selling And Marketing Expenses of 33.4 M can show how well Xpel Inc performed in making a profits. Evaluating Xpel income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Xpel's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Xpel Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Xpel Inc is a good buy for the upcoming year.
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About Xpel Income Statement Analysis
Xpel Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Xpel shareholders. The income statement also shows Xpel investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Xpel Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Xpel Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Xpel Inc minus its cost of goods sold. It is profit before Xpel operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Cost Of Revenue
Cost of Revenue is found on Xpel Inc income statement and represents the costs associated with goods and services Xpel provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Xpel's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Xpel Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xpel Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. At this time, Xpel's Gross Profit is quite stable compared to the past year. Other Operating Expenses is expected to rise to about 345.8 M this year, although the value of Non Operating Income Net Other is projected to rise to (318.9 K).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 92.7M | 127.5M | 162.4M | 170.5M | Total Revenue | 259.3M | 324.0M | 396.3M | 416.1M |
Xpel income statement Correlations
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Xpel Account Relationship Matchups
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Xpel income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.7M | 2.2M | 4.4M | 7.8M | 9.6M | 10.1M | |
| Interest Expense | 96.6K | 249.5K | 302.7K | 1.4M | 1.2M | 1.3M | |
| Selling General Administrative | 18.8M | 20.9M | 34.3M | 48.2M | 63.7M | 66.8M | |
| Selling And Marketing Expenses | 7.6M | 9.7M | 18.3M | 25.4M | 31.8M | 33.4M | |
| Total Revenue | 129.9M | 158.9M | 259.3M | 324.0M | 396.3M | 416.1M | |
| Gross Profit | 43.5M | 54.0M | 92.7M | 127.5M | 162.4M | 170.5M | |
| Other Operating Expenses | 112.8M | 135.6M | 219.1M | 270.1M | 329.3M | 345.8M | |
| Operating Income | 17.1M | 23.4M | 40.1M | 53.9M | 67.0M | 70.3M | |
| Ebit | 17.1M | 23.4M | 40.1M | 53.9M | 67.3M | 70.6M | |
| Research Development | 602.4K | 143.6K | 370.0K | 400K | 2.9M | 3.0M | |
| Ebitda | 18.8M | 25.6M | 44.5M | 61.8M | 76.9M | 80.7M | |
| Cost Of Revenue | 86.4M | 104.9M | 166.6M | 196.5M | 233.9M | 245.6M | |
| Total Operating Expenses | 26.4M | 30.7M | 52.6M | 73.6M | 95.4M | 100.2M | |
| Net Income | 14.0M | 18.3M | 31.6M | 41.4M | 52.8M | 55.4M | |
| Income Tax Expense | 3.0M | 4.5M | 7.9M | 10.6M | 13.2M | 13.9M | |
| Income Before Tax | 17.0M | 22.8M | 39.4M | 52.0M | 66.0M | 69.3M | |
| Total Other Income Expense Net | (136.9K) | (565.6K) | (675.6K) | (2.0M) | (941.0K) | (893.9K) | |
| Tax Provision | 3.0M | 4.5M | 7.9M | 10.6M | 12.8M | 13.5M | |
| Net Income From Continuing Ops | 14.0M | 18.3M | 31.6M | 41.4M | 49.2M | 51.6M | |
| Net Income Applicable To Common Shares | 14.0M | 18.3M | 31.6M | 41.4M | 47.6M | 50.0M | |
| Net Interest Income | (96.6K) | (249.5K) | (302.7K) | (1.4M) | (1.4M) | (1.4M) | |
| Reconciled Depreciation | 1.7M | 2.2M | 4.4M | 7.8M | 9.0M | 9.4M |
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Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Xpel. If investors know Xpel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Xpel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.099 | Earnings Share 1.75 | Revenue Per Share 15.141 | Return On Assets 0.1526 | Return On Equity 0.2521 |
The market value of Xpel Inc is measured differently than its book value, which is the value of Xpel that is recorded on the company's balance sheet. Investors also form their own opinion of Xpel's value that differs from its market value or its book value, called intrinsic value, which is Xpel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Xpel's market value can be influenced by many factors that don't directly affect Xpel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Xpel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Xpel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Xpel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.