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By murrayn

Posted: Thursday May 31 6:53:23AM 2012

XPEL ANNOUNCES Q1 2012 RESULTS XPEL Technologies Corp. has released results for the three months ended March 31, 2012, as compared with the three months ended March 31, 2011. For the quarter ended March 31, 2012: Revenues increased 88 per cent to $1,993,597 from $1,063,065 in first quarter 2011. Direct costs of sales increased as a percentage of revenue to 61 per cent from 54 per cent in Q1 2011. General and administrative expenses increased 34 per cent to $534,833 in first quarter 2012 from $400,364 in first quarter 2011. The company had net income of $242,831 in first quarter 2012 as compared with net income of $86,205 in first quarter 2011.

By murrayn

Posted: Tuesday May 29 2:18:40PM 2012

This company trades on venture. bid ask .09/.12. They make film protection for cars. Their sales are increasing at a nice clip and their products get great reviews. They expect more than 40% rev growth this year. Made 2 cents a share profit in 2011. Their banker increased their available line of credit twice in past few months which is a good sign. Bankers are conservative lot so they must like what they see.

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