and its business, which may include, but is not limited to, anticipated use of proceeds from capital transactions, expansion into new markets, and execution of the company's growth strategy. This release includes forward-looking statements regarding XPEL, Inc. is publicly traded on Nasdaq under the symbol “XPEL”.ġSee reconciliation of non-GAAP financial measures below. With a global footprint, a network of trained installers and proprietary DAP software, XPEL is dedicated to exceeding customer expectations by providing high-quality products, leading customer service, expert technical support and world-class training. XPEL is a leading provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and architectural window films, and ceramic coatings. International callers may dial (919) 882-2331. Callers should use access code: 760015.Ī replay of the teleconference will be available until Jand may be accessed by dialing (877) 481-4010. International callers please dial (973) 528-0011. website at To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time. To access the live webcast, please visit the XPEL, Inc. Eastern Time to discuss the Company’s first quarter 2023 results. The Company will host a conference call and webcast today, at 11:00 a.m. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $17.1 million, or 19.9% of sales, as compared to $11.9 million, or 16.5% of sales in the prior year. Net income was $11.4 million, or $0.41 per basic and diluted share, versus net income of $7.8 million, or $0.28 per basic and diluted share in the first quarter of 2022.ĮBITDA. Operating expenses increased to $21.0 million, or 24.5% of sales, compared to $17.7 million, or 24.6% of sales in the prior year period. Gross margin was 41.9% compared to 38.6% in the first quarter of 2022.Įxpenses. Revenues increased approximately $14.0 million or 19.5% to $85.8 million as compared to $71.9 million in the first quarter of the prior year. We continue to see good momentum in our business and remain focused on driving growth as we move through 2023.” Ryan Pape, President and Chief Executive Officer of XPEL, commented, “We’re off to a great start in 2023 with solid first quarter results. Net income grew 46.5% to $11.4 million, or $0.41 per share, compared to $7.8 million, or $0.28 per share, in the same quarter of 2022.ĮBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) grew 43.9% to $17.1 million, or 19.9% of revenues compared to $11.9 million in first quarter 2022. Gross margin percentage improved to 41.9% in the first quarter, a new high for the Company. Revenues increased 19.5% to $85.8 million in the first quarter. (Nasdaq: XPEL) a global provider of protective films and coatings, today announced results for the quarter ended March 31, 2023. A simple online audio streaming toolĪll aspects considered, SoundByte is a visually appealing and easy-to-use online audio streaming app which allows you to easily access SoundCloud, Fanburst and YouTube audio files, all from one single Window.SAN ANTONIO-( BUSINESS WIRE)-XPEL, Inc. You may also import playlists saved on your SoundCloud or FanBurst accounts. Recently viewed music videos can be instantly liked by pressing the heart-shaped button. The application keeps a history of all music videos you've listened to, while also giving you the option of creating custom playlists for faster future searches. Considering that links to unavailable videos would do nothing more than clutter up the search results, this can be viewed as a plus. Of course it goes without saying that, since it is supported by those online multimedia sharing platforms, private videos (like on YouTube) will not be displayed in the search results. Since SoundByte is powered by SoundCloud, Fanburst and YouTube, if you find the provided galleries to be vague, you may manually look for your favorite music videos, since the program will retrieve them for you without problems. SoundByte eases the process of listening to music by creating a personalized song list, and then all you have to do is either listen to the whole playlist in order or shuffle tracks. Another feature is that you can explore galleries by toggling music (Rock, Country, Indie etc) and other types of audio services (audiobooks, news or sports). With this application you can explore music videos from an extensive online library supported by SoundCloud and choose from custom-made playlists such as "Top 50" or "What's new?". If you're a fan of SoundCloud's features, or any other online audio and video streaming service for that matter, then you may find SoundByte to be a useful software application.
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