Gold bars to be exempt from tariffs, White House clarifies
On June 4, 2025, XPEL, Inc., a company specializing in protective films and coatings with a market capitalization of $1.04 billion, held its annual meeting of stockholders. According to InvestingPro data, XPEL maintains strong financial health with a "GREAT" overall score, supported by robust revenue growth of 8.37% over the last twelve months. A significant majority of the company’s shareholders voted in favor of all items on the agenda during the meeting.
The first item was the election of five directors to the company’s Board of Directors for a one-year term. The nominees included Ryan L. Pape, Stacy L. Bogart, Richard K. Crumly, Michael A. Klonne, and John F. North. Each nominee received a substantial number of votes for their election, with the least number of votes for being 16,764,586 and the highest at 17,433,870. Votes withheld ranged from 97,764 to 767,048 for the nominees, and there were 2,655,929 broker non-votes for each nominee.
The second agenda item was the ratification of Deloitte & Touche, LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal was overwhelmingly approved with 20,171,579 votes for, 10,989 against, and 4,995 abstentions.
Shareholders also voted on an advisory basis to approve the compensation of the company’s named executive officers, with 17,185,853 votes for, 298,612 against, 47,169 abstentions, and 2,655,929 broker non-votes.
Lastly, the shareholders approved the 2025 XPEL Inc. Employee Stock Purchase Plan with 17,431,284 votes for, 58,811 against, 41,539 abstentions, and 2,655,929 broker non-votes.
The participation level at the meeting was high, with holders of 20,187,563 shares present in person or by proxy, out of the 27,664,765 shares entitled to vote as of the record date, April 15, 2025.
This filing with the Securities and Exchange Commission confirms the decisions made by the shareholders of XPEL, Inc. during their recent annual meeting. For investors seeking deeper insights, InvestingPro offers comprehensive analysis with 10+ additional ProTips and detailed metrics, including exclusive Fair Value calculations that currently suggest the stock may be undervalued. Access the full Pro Research Report, part of InvestingPro’s coverage of 1,400+ US equities, for complete financial analysis and actionable investment intelligence.
In other recent news, Xpel Inc (NASDAQ:XPEL). reported impressive financial results for the first quarter of 2025. The company’s earnings per share (EPS) reached $0.31, surpassing the forecasted $0.27, while revenue climbed to $103.8 million, exceeding expectations of $97.34 million. This marks a 15.2% year-over-year increase in revenue, driven by strong performance in the U.S. market. The company’s EBITDA rose by 23.2% to $14.4 million, and net income increased by 28.8%, reflecting an 8.3% net income margin. Additionally, Xpel announced plans to launch new colored films and further product innovations to maintain its growth trajectory. While Canadian revenue declined by 14.9%, the U.S. market showed a significant 11.6% growth. Looking ahead, Xpel projects Q2 2025 revenue to be between $117 million and $119 million, maintaining optimism despite global tariff uncertainties.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.