XPEL, Inc. Annual Amortization of Intangible Assets in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
XPEL, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2018 to 2023.
  • XPEL, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $1.5M, a 15.4% increase year-over-year.
  • XPEL, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $5.71M, a 19.3% increase year-over-year.
  • XPEL, Inc. annual Amortization of Intangible Assets for 2023 was $5.06M, a 15% increase from 2022.
  • XPEL, Inc. annual Amortization of Intangible Assets for 2022 was $4.4M, a 76% increase from 2021.
  • XPEL, Inc. annual Amortization of Intangible Assets for 2021 was $2.5M, a 162% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $5.06M +$658K +15% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $4.4M +$1.9M +76% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $2.5M +$1.55M +162% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $956K +$175K +22.4% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-28
2019 $781K +$138K +21.5% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $643K Jan 1, 2018 Dec 31, 2018 10-K 2021-03-11
* An asterisk sign (*) next to the value indicates that the value is likely invalid.