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NASDAQ · PATENT OWNERS & LESSORS · SMALL CAP

XCel Brands, Inc. XELB

14 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.9M
▼ 40.2% YoY
$-17.5M
$-7.0M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Xcel Brands, Inc. (the “Company,” “Xcel,” “we,” “us,” or “our”) is a media and consumer products company engaged in the design, licensing, marketing, live streaming, and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands. Xcel was founded in 2011 with a vision to reimagine shopping, entertainment, and social media as social commerce. We currently operate under a working-capital light model, with our licensees and/or retail partners responsible for the procurement and sale of inventory. As such, our revenues primarily consist of royalty revenues, and we do not have risk of carrying aged inventory. Our objective is to build a diversified portfolio of lifestyle consumer products brands through organic growth and the strategic acquisition of new brands.

Written from the business description in Xcel Brands, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth

USD 4.9M
Revenue, FY2025 · full 14-year series below
Revenue $M Net income $M
FY2025 · Revenue 4.9 · Net income -17.5
15M30M-10M-20M
201220152018202120242025
Compound annual growth
−42.4%
−30.0%
−15.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −30.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−356 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -267.9% · Net -355.8%
20%40%-100%-200%-300%
201220182025
ROE
FY2025 · ROE -72.2%
10%20%-20%-40%-60%
201220182025
Three returns, three denominators.

Each USD of equity lost 72 cents this year.

Cash & shareholders

USD 204,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -7.0
2.5M5.0M-10.0M-20.0M
201220182025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 0.2
0.5M1.0M
2012201420162018202020222025

USD 204,000.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 38.9M
EquityUSD 18.0M
CashUSD 1.1M
Gross debtUSD 12.7M
Net debtUSD 11.6M
Current ratio0.49×

Net debt stands at 64% of equity.

The 14-year record

14 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
XELB, 14-year financial record
Metric 20252024202320222021202020192018201720162015201420132012
Revenue $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.00.00.00.00.0
EBITDA $B−0.0−0.0−0.00.0−0.0−0.00.00.0−0.00.00.00.00.00.0
Income tax $B0.00.00.0−0.0−0.0−0.0−0.00.0−0.00.00.0−0.0−0.0−0.0
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.00.00.0−0.00.00.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.00.00.00.00.00.00.00.00.00.0
EPS, diluted $−5.08−9.84−10.68−0.20−0.63−0.68−0.180.06−0.55◌◌◌0.160.57
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————
ROE %−72.2−55.7−34.8−5.5−15.2−14.1−3.51.1−9.92.73.2−2.25.120.6
Shares out B0.010.000.020.020.020.020.020.020.020.020.020.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 14 of the 14 fiscal years we could check. Eight checks were skipped: the balance sheet is not tagged before 2011. Five checks were skipped: EPS is not tagged before 2012. Five checks were skipped: revenue is not tagged before 2012.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPatent Owners & Lessors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2011

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