XPEL(XPEL) - 2023 Q4 - Annual Results
XPELXPEL(XPEL)2024-02-22 21:19

Ex. 99.1 XPEL Reports Fourth Quarter and 2023 Year End Results San Antonio, TX – February 22, 2024 – XPEL, Inc. (Nasdaq: XPEL) (the "Company"), a global provider of protective films and coatings, announced consolidated results1 for the fourth quarter and year ended December 31, 2023. Fourth Quarter 2023 Highlights: • Revenue increased 34.5% to 105.5millioncomparedtofourthquarter2022.Netincomeincreased43.2105.5 million compared to fourth quarter 2022. • Net income increased 43.2% to 12.0 million, or 0.43perbasicanddilutedshare,versusnetincomeof0.43 per basic and diluted share, versus net income of 8.4 million ...