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MARKETS / NASDAQ / XELB
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
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
20M40M-8M-16M20122014201620182020202220242025
Compound annual growth
−42.4%
−30.0%
−15.8%
−22.7%
+1.4%
−11.4%
3 yrs
5 yrs
10 yrs
15 yrs

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

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%20122014201620182020202220242025
ROE
FY2025 · ROE -72.2%
10%20%-20%-40%-60%20122014201620182020202220242025

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
2M4M-5M-10M20122014201620182020202220242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 0.2
0.5M1.0M2012201420162018202020222025

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
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 %··············
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 B0.010.000.000.020.020.020.020.020.020.020.020.010.010.01

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

Provenance
Company facts, as filed
How we verify · 0 failures in 68 reconciliationsAUDITED

Reconciled in 15 of 19 fiscal years. 27 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityPatent Owners & Lessors
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2011

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