Xpel, Inc. · NASDAQ:XPEL
Xpel — Shareholder Meeting (May 2021)
17 slides from Xpel's shareholder meeting presentation, May 28, 2021
Slide 1: Annual Shareholders Meeting May 27, 2021
ANNUAL SHAREHOLDERS MEETING May 27, 2021
Slide 2: Forward Looking Statement
FORWARD LOOKING STATEMENT 2 This Presentation contains certain forward-looking statements in respect of various matters including upcoming events that involve known and unknown risks and uncertainties that are beyond the control of Management. Those risks and uncertainties include, among other thing
Slide 3: Agenda: 2020 Year in Review
3 AGENDA 2020 YEAR IN REVIEW • COVID Response/Impact • Acquisitions • New Products • Financial Performance PermaPlate Film LLC Acquisition
Slide 4: COVID Response / Impact
COVID RESPONSE / IMPACT 4 SAW EARLY IMPACT IN CHINA BUSINESS IN Q1 US IMPACT BEGAN IN LATE MARCH INTO APRIL OUR RESPONSE Q2 REVENUE GREW 19.0% Q2 MOMENTUM CARRIED INTO Q3 AND Q4 • Q1 2020 China revenue declined 55% after record Q4 2019 • Q1 revenue grew 14.8% despite China impact • April consolidate
Slide 5: 2020 Acquisitions
2020 ACQUISITIONS PROTEX CENTRE Montreal, Canada - February 2020 VELOCE INNOVATION Houston, TX - December 2020 • Leading distributor of architectural films • Accelerates our architectural window film product line growth • One of the largest, wholesale installers of paint protection film in the world
Slide 6: Product Line Expansion: 2020 New Products
Product Line Expansion 2020 NEW PRODUCTS 6 • Paint and PPF (existing product) • Wheel and Caliper • Plastic & Trim • Upholstery • Glass • Marine
Slide 7: Revenue
REVENUE IN MILLIONS $160,000 $158.94 $150,000 22.3% $49,000 $129.9M su $0,000 $100,000 $90,00¢ $20,000 $67.3M 30.0%, $51.8M 2016 72077 2018 2019 2020 ers US. GAAP
Slide 8: 2020 Sales Mix by Region
2020 SALES MIX BY REGION 8 CANADA 12.9% UNITED STATES 47.2% LATIN AMERICA 1.4% MIDDLE EAST/ AFRICA 3.3% ASIA PACIFIC 3.3% CHINA 20.6% UK 3.0% CONTINETAL EUROPE 8.0% OTHER .3%
Slide 9: XPEL EBITDA
XPEL EBITDA IN MILLIONS 100.0% $30,000 95.0% 90.0% $25.3M 85.0% $25,000 80.0% 75.0% 70.0% $20,000 $18.7M 50x EBITDA S0.0% EBITDA $ % $15,000 $13.0M 50.0% 45.0% 40.0% $10,000 35.0% 30.0% 25.0% $5,000 ere 20.0% 1.9% poe $1000 5.4% 2017 2018 2019 2020 U.S. GAAP
Slide 10: Net Income Trend
NET INCOME TREND IN MILLIONS 10
Slide 11: Strong Financial Position
11 STRONG FINANCIAL POSITION U.S. GAAP – IN MILLIONS CASH • CASH EQUIVALENTS NET WORKING CAPITAL ACOUNTS RECEIVABLEACOUNTS R EIVABLE TOTAL INVENTORY TOTAL ASSETS TOTAL DEBT (EXCLUDES LEASE OBLIGATIONS) CASH FLOW FROM OPS (YTD) 2018 2019 2020 $4.0M $12.5M $5.6M $10.8M $30.5M $1.8M $6.8M $29.0M $41.6M
Slide 12: Share Performance
SHARE PERFORVANCE XPEL Stock Price $80.00 $76.92 $70.00 $60.00 $50.37 $49.23 $50.00 $40.00 $20.00 Saas $15.42 $1555 $12.08 $10.00 $0.00 1/2/20 2/3/20 3/2/20 4/1/20 5/1/20 6/1/20 7/1/20 8/3/20 9/1/20 10/1/2011/2/2012/1/20 1/4/21. 2/1/21 3/1/21 4/1/21 5/3/21 5/24/21
Slide 13: PermaPlate Films LLC Acquisition
PermaPlate Films LLC Acquisition • Distributor and installer of automotive window films – Supplies mid-range dealerships engaged in high-volume film installation across the US – Extends dealership reach beyond luxury and enthusiast segment 13 • Rationale – Window Tint is a product with deeper existi
Slide 14: Questions & Answers
14 QUESTIONS & ANSWERS
Slide 15: Appendix
APPENDIX
Slide 16: Non-GAAP Measures: EBITDA Reconciliation
NON - GAPP MEASURES EBITDA RECONCILIATION U.S. GAAP - IN MILLIONS NET INCOME INTEREST TAXES DEPRECIATION AMORTIZATION EBITDA $18,281,691 $249,480 $4,522,668 $1,274,095 $955,937 $25,283,871 $13,995,072 $96,646 $2,955,356 $915,918 $781,105 $18,744,097 YEAR ENDED Dec 31, 2020 Dec 31, 2019 16
Slide 17: Thank You!
THANK YOU! San Antonio, TX. USA +1210-678-3700. XPEL.COM