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XPEL, INC.: 10-Q filed 2021-11-09

What XPEL, INC. reported in its quarterly report filed 2021-11-09 (fiscal Q3 2021): 51 published measures, 145 facts as tagged in accession 0001767258-21-000081.

This filing

Form
10-Q (quarterly report)
Filed
2021-11-09
Fiscal period
fiscal Q3 2021
Accession
0001767258-21-000081 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All XPEL, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2021-09-30124,403,313USD
At 2020-12-3183,839,831USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2021-09-3045,996,488USD
At 2020-12-3130,456,963USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2021-09-3078,406,825USD
At 2020-12-3153,382,868USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2021-09-307,816,332USD
At 2020-12-3129,027,124USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2021-07-01 to 2021-09-308,330,761USD92
2021-01-01 to 2021-09-3025,363,369USD273
2020-07-01 to 2020-09-306,608,248USD92
2020-01-01 to 2020-09-3012,193,292USD274

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2021-01-01 to 2021-09-3020,172,935USD273
2020-01-01 to 2020-09-3014,239,096USD274

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2021-01-01 to 2021-09-305,081,424USD273
2020-01-01 to 2020-09-301,358,108USD274

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

PeriodValueUnitDays
2021-07-01 to 2021-09-3068,528,923USD92
2021-01-01 to 2021-09-30189,131,008USD273
2020-07-01 to 2020-09-3046,122,796USD92
2020-01-01 to 2020-09-30110,317,117USD274

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2021-01-01 to 2021-09-30-5,593,623USD273
2020-01-01 to 2020-09-304,171,529USD274

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2021-01-01 to 2021-09-30-35,691,679USD273
2020-01-01 to 2020-09-30-2,861,777USD274

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2021-09-3068,239,938USD
At 2020-12-3142,876,569USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2021-07-01 to 2021-09-3027,612,597shares92
2021-01-01 to 2021-09-3027,612,597shares273
2020-07-01 to 2020-09-3027,612,597shares92
2020-01-01 to 2020-09-3027,612,597shares274

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2021-07-01 to 2021-09-3027,613,124shares92
2021-01-01 to 2021-09-3027,612,773shares273
2020-07-01 to 2020-09-3027,612,597shares92
2020-01-01 to 2020-09-3027,612,597shares274

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2021-07-01 to 2021-09-300.3USD/shares92
2021-01-01 to 2021-09-300.92USD/shares273
2020-07-01 to 2020-09-300.24USD/shares92
2020-01-01 to 2020-09-300.44USD/shares274

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2021-07-01 to 2021-09-300.3USD/shares92
2021-01-01 to 2021-09-300.92USD/shares273
2020-07-01 to 2020-09-300.24USD/shares92
2020-01-01 to 2020-09-300.44USD/shares274

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2021-07-01 to 2021-09-301,841,250USD92
2021-01-01 to 2021-09-305,958,709USD273
2020-07-01 to 2020-09-301,736,330USD92
2020-01-01 to 2020-09-303,250,780USD274

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2021-09-308,662,924USD
At 2020-12-314,706,248USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2021-01-01 to 2021-09-3076,824USD273
2020-01-01 to 2020-09-300USD274

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2021-07-01 to 2021-09-3010,367,269USD92
2021-01-01 to 2021-09-3031,586,701USD273
2020-07-01 to 2020-09-308,413,655USD92
2020-01-01 to 2020-09-3016,037,979USD274

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2021-09-3065,994,251USD
At 2020-12-3162,777,212USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2021-07-01 to 2021-09-3046,433USD92
2021-01-01 to 2021-09-30143,092USD273
2020-07-01 to 2020-09-3068,368USD92
2020-01-01 to 2020-09-30173,480USD274

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2021-09-3034,987,257USD
At 2020-12-3121,200,344USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2021-09-3015,747,077USD
At 2020-12-314,472,217USD
At 2019-12-312,406,512USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2021-09-3021,575,724USD
At 2020-12-315,423,980USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2021-09-3014,324,671USD
At 2020-12-319,944,213USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2021-07-01 to 2021-09-3014,087,286USD92
2021-01-01 to 2021-09-3036,401,513USD273
2020-07-01 to 2020-09-307,616,177USD92
2020-01-01 to 2020-09-3022,027,818USD274

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2021-09-3039,554,300USD
At 2020-12-3122,364,126USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2021-07-01 to 2021-09-3024,454,555USD92
2021-01-01 to 2021-09-3067,988,214USD273
2020-07-01 to 2020-09-3016,029,832USD92
2020-01-01 to 2020-09-3038,065,797USD274

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2021-09-3027,612,597shares
At 2020-12-3127,612,597shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2021-09-307,816,332USD
At 2020-12-3129,027,124USD
At 2020-09-3027,224,471USD
At 2019-12-3111,500,973USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2021-09-3010,489,295USD
At 2020-12-3110,412,471USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2021-09-30-350,021USD
At 2020-12-3166,215USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2021-09-3078,406,825USD
At 2021-06-3070,432,347USD
At 2020-12-3153,382,868USD
At 2020-09-3046,426,988USD
At 2020-06-3039,399,442USD
At 2019-12-3134,893,210USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2021-09-3011,785,675USD
At 2020-12-315,973,702USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2021-09-3014,282,330USD
At 2020-12-319,207,729USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2021-09-305,619,406USD
At 2020-12-314,501,481USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-09-30637,662USD
At 2020-12-31486,472USD

Other noncurrent liabilities

Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2021-09-30720,777USD
At 2020-12-31729,408USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2021-09-303,459,643USD
At 2020-12-311,441,749USD

Current contract liabilities

Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.

PeriodValueUnitDays
At 2021-09-30559,303USD
At 2021-06-30619,463USD
At 2021-03-312,584,740USD
At 2020-12-31244,837USD

Net deferred tax liabilities

Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.

PeriodValueUnitDays
At 2021-09-301,049,433USD
At 2020-12-31627,806USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2021-07-01 to 2021-09-3010,172,011USD92
2021-01-01 to 2021-09-3031,322,078USD273
2020-07-01 to 2020-09-308,344,578USD92
2020-01-01 to 2020-09-3015,444,072USD274

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2021-07-01 to 2021-09-308,330,761USD92
2021-01-01 to 2021-09-3025,363,369USD273
2020-07-01 to 2020-09-306,608,248USD92
2020-01-01 to 2020-09-3012,193,292USD274

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2021-07-01 to 2021-09-307,897,654USD92
2021-01-01 to 2021-09-3024,947,133USD273
2020-07-01 to 2020-09-307,027,546USD92
2020-01-01 to 2020-09-3012,300,790USD274

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

PeriodValueUnitDays
2021-07-01 to 2021-09-309,183,440USD92
2021-01-01 to 2021-09-3023,423,144USD273
2020-07-01 to 2020-09-305,289,277USD92
2020-01-01 to 2020-09-3015,038,140USD274

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2021-07-01 to 2021-09-30455,792USD92
2021-01-01 to 2021-09-301,258,489USD273
2020-07-01 to 2020-09-30325,643USD92
2020-01-01 to 2020-09-30889,820USD274

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2021-07-01 to 2021-09-30734,963USD92
2021-01-01 to 2021-09-301,420,347USD273
2020-07-01 to 2020-09-30239,571USD92
2020-01-01 to 2020-09-30705,692USD274

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2021-01-01 to 2021-09-30117,362USD273
2020-01-01 to 2020-09-30129,117USD274

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2021-01-01 to 2021-09-306,669,752USD273
2020-01-01 to 2020-09-302,949,838USD274

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2021-01-01 to 2021-09-302,801,246USD273
2020-01-01 to 2020-09-301,692,396USD274

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2021-01-01 to 2021-09-3016,396,799USD273
2020-01-01 to 2020-09-303,803,836USD274

Inspect the source

Entity
XPEL, INC. / CIK 0001767258
Captured
2026-09-21T17:30:02.882Z
SEC response SHA-256
cd5c0611c020700779a80f087dba18c7814aef24cb45a336b18ad481feb0e8af

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001767258.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))