Automotive coatings firm XPEL reports Q1 2023 revenue $85.8 million, up 19.5% YOY

Financial results

The company said net income grew 46.5% to $11.4 million

XPEL, a US-based provider of aftermarket automotive products, including automotive surface and paint protection, ceramic coatings, headlight protection and automotive window films, has announced that for the quarter ended March 2023, the company’s revenues increased 19.5% to $85.8 million, according to a press release dated May 9.

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