XPEL, Inc. (XPEL)

XPEL, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	23.54	22.09	11.61	8.06	9.64	29.03
Cash & Short-Term Investments	23.54	22.09	11.61	8.06	9.64	29.03
Cash Growth	173.29%	90.26%	44.10%	-16.47%	-66.78%	152.39%
Accounts Receivable	33.36	29.15	24.11	14.73	13.16	9.94
Other Receivables	-	0.89	0.7	-	0.62	-
Receivables	33.36	30.04	24.81	14.73	13.78	9.94
Inventory	115.31	110.9	106.51	80.58	51.94	22.36
Prepaid Expenses	6.09	5.31	3.53	3.46	3.67	1.44
Total Current Assets	178.3	168.34	146.45	106.82	79.03	62.78
Property, Plant & Equipment	36.49	37.23	32.44	29.51	22.81	10.68
Goodwill	44.44	44.13	37.46	26.76	25.66	4.47
Other Intangible Assets	33.8	34.56	34.91	29.29	32.73	5.42
Long-Term Deferred Tax Assets	0.24	-	-	-	-	-
Other Long-Term Assets	1.56	1.35	0.78	0.97	0.79	0.49
Total Assets	294.82	285.61	252.04	193.36	161.02	83.84
Accounts Payable	24.64	26.32	24.23	16.69	25.18	12.99
Accrued Expenses	3.96	5.33	4.3	3.6	3.39	2.27
Current Portion of Long-Term Debt	0.07	0.06	0.06	0.08	0.38	2.57
Current Portion of Leases	5.08	4.67	3.97	3.89	2.98	1.65
Current Income Taxes Payable	2.07	-	-	0.47	-	0.18
Current Unearned Revenue	1.41	0.82	0.76	0.26	0.82	0.24
Other Current Liabilities	4.37	4.32	3.15	2.42	3.54	1.3
Total Current Liabilities	41.58	41.52	36.47	27.4	36.27	21.2
Long-Term Debt	0.15	0.23	19.32	26	25.08	3.57
Long-Term Leases	15.81	16.13	12.72	12.12	9.83	4.33
Long-Term Deferred Tax Liabilities	-	0.47	2.66	2.05	2.75	0.63
Other Long-Term Liabilities	1.83	1.81	0.89	1.07	2.63	0.73
Total Liabilities	59.37	60.15	72.05	68.64	76.55	30.46
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	16.14	15.55	12.55	11.07	10.58	10.41
Retained Earnings	222.7	214.11	168.62	115.82	74.44	42.88
Comprehensive Income & Other	-3.41	-4.24	-1.21	-2.2	-0.59	0.07
Total Common Equity	235.45	225.46	179.99	124.72	84.46	53.38
Shareholders' Equity	235.45	225.46	179.99	124.72	84.46	53.38
Total Liabilities & Equity	294.82	285.61	252.04	193.36	161.02	83.84
Total Debt	21.1	21.08	36.06	42.08	38.26	12.12
Net Cash (Debt)	2.44	1	-24.45	-34.03	-28.62	16.91
Net Cash Growth	-	-	-	-	-	202.22%
Net Cash Per Share	0.09	0.04	-0.88	-1.23	-1.04	0.61
Filing Date Shares Outstanding	27.66	27.65	27.63	27.62	27.61	27.61
Total Common Shares Outstanding	27.66	27.65	27.63	27.62	27.61	27.61
Working Capital	136.72	126.83	109.98	79.42	42.76	41.58
Book Value Per Share	8.51	8.15	6.51	4.52	3.06	1.93
Tangible Book Value	157.22	146.77	107.62	68.67	26.07	43.49
Tangible Book Value Per Share	5.68	5.31	3.90	2.49	0.94	1.57
Machinery	22.41	21.75	19.73	14.67	10.87	6.83
Construction In Progress	0.74	1.35	0.2	1.75	0.12	0.32
Leasehold Improvements	12.95	11.88	10.92	7.08	5.14	2.06

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q