Xpel Inc (XPEL)

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Xpel Inc., formerly XPEL Technologies Corp., manufactures, sells and installs after-market automotive products, including automotive paint protection film, headlight protection film, automotive window films and other related products. The Company offers bulk paint protection film (PPF), pre-cut PPF and headlight protection kits. In the United States, Canada and parts of Europe, it operates primarily by selling a turnkey solution directly to independent installers and new car dealerships, which includes XPEL Protection Films, installation training, access to the Company's Design Access Program (DAP) Software, marketing support and lead generation. It operates approximately five Company-owned installation centers that serve wholesale and/or retail customers in their respective markets. In other parts of the world, it operates primarily through third-party distributors operating under agreement with the Company to develop a market or a region under the Company's supervision and direction.