XPEL, Inc. (XPEL) Q1 2025 Earnings Call Transcript

XPEL, Inc. (NASDAQ:XPEL) Q1 2025 Results Conference Call May 6, 2025 11:00 AM ET

Company Participants

John Nesbett – IMS, Investor Relations
Ryan Pape – President & Chief Executive Officer
Barry Wood – Senior Vice President & Chief Financial Officer

Conference Call Participants

Jeff Van Sinderen – B. Riley
Matthew Raab – Craig-Hallum

Operator

Good morning, everyone, and welcome to the XPEL Incorporated First Quarter 2025 Earnings Call. At this time, all participants have been placed on a listen-only mode, and the floor will be open for questions following the presentation. [Operator Instructions]. Please note this conference is being recorded.

I will now turn the conference over to your host, John Nesbett.

John Nesbett

Good morning, and welcome to our conference call to discuss XPEL’s first quarter 2025 financial results. On the call today, Ryan Pape, XPEL’s President and Chief Executive Officer and Barry Wood, XPEL’s Senior Vice President and Chief Financial Officer, will provide an overview of the business operations and review the company’s financial results.

Immediately after the prepared comments, we will take questions from our call participants. A transcript of this call will be available on the company’s website after the call. And I’ll take a moment to read the Safe Harbor statement.

During the course of this call, we’ll make certain forward-looking statements regarding XPEL Inc. And its business, which may include, but are not limited to, anticipated use of proceeds from capital transactions, expansion into new markets and execution of the company’s growth strategy. Such statements are based on our current expectations and assumptions, which are subject to known and unknown risk factors and uncertainties that could cause our actual results to be materially different from those expressed in these statements.

Some of these factors are discussed in detail in our most recent Form 10-K, including