See more : Brookfield Office Properties Inc (BPO-PE.TO) Income Statement Analysis – Financial Results
Complete financial analysis of Xcel Brands, Inc. (XELB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Xcel Brands, Inc., a leading company in the Apparel – Manufacturers industry within the Consumer Cyclical sector.
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Xcel Brands, Inc. (XELB)
About Xcel Brands, Inc.
Xcel Brands, Inc., together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston Brand, the C Wonder, and other brands, as well as manages the Longaberger brand. It licenses its brands to third parties; and designs, produces, markets, and distributes through an omni-channel retail sales strategy, which include distribution through interactive television, digital live-stream shopping, brick-and-mortar retail, wholesale, and e-commerce channels. The company also offers live streaming, social media and other marketing, and public relations support for its brands. In addition, it markets the Mizrahi brand through www.isaacmizrahi.com; the Halston brand through www.halston.com; the Judith Ripka fine jewelry brand through www.judithripka.com; the C Wonder brand through www.cwonder.com; the Logo Lori Goldstein brand through www.lorigoldstein.com; and the Longaberger brand through www.longaberger.com. The company was founded in 2011 and is headquartered in New York, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.76M | 25.78M | 37.93M | 29.45M | 41.73M | 35.47M | 31.71M | 32.75M | 27.72M | 20.71M | 13.37M | 13.14M | 11.63M | 0.00 | 0.00 | 24.23M | 16.22M | 17.60M | 12.54M | 612.00 | 0.00 | 0.00 | 37.93M | 0.00 | 0.00 |
| Cost of Revenue | 6.92M | 7.98M | 10.67M | 5.46M | 10.27M | 2.70M | 0.00 | 196.00K | 267.00K | 73.00K | 93.00K | 440.00K | 252.00K | 0.00 | 132.97K | 19.07M | 12.53M | 0.00 | 0.00 | 3.13K | 0.00 | 0.00 | 10.67M | 0.00 | 0.00 |
| Gross Profit | 10.84M | 17.80M | 27.27M | 23.99M | 31.46M | 32.76M | 31.71M | 32.56M | 27.45M | 20.63M | 13.28M | 12.70M | 11.38M | 0.00 | -132.97K | 5.16M | 3.70M | 17.60M | 12.54M | -2.51K | 0.00 | 0.00 | 27.27M | 0.00 | 0.00 |
| Gross Profit Ratio | 61.04% | 69.05% | 71.88% | 81.47% | 75.38% | 92.38% | 100.00% | 99.40% | 99.04% | 99.65% | 99.30% | 96.65% | 97.83% | 0.00% | 0.00% | 21.29% | 22.78% | 100.00% | 100.00% | -410.78% | 0.00% | 0.00% | 71.88% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 457.39K | 395.45K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 17.42M | 31.62M | 20.48M | 22.36M | 23.56M | 24.64M | 25.69M | 20.52M | 17.78M | 13.82M | 7.45M | 2.82M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 15.39M | 14.36M | 3.33M | 3.16M | 2.70M | 2.35M | 3.18M | 2.38M | 1.08M | 473.00K | 5.42M | 3.80M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 13.36M | 32.81M | 31.62M | 23.81M | 25.53M | 26.26M | 27.00M | 28.87M | 22.90M | 18.86M | 14.30M | 12.88M | 6.62M | 352.29K | 646.32K | 4.03M | 4.96M | 19.63M | 15.29M | 920.72K | 24.83K | 9.23K | 7.05K | 7.25K | 1.00K |
| Other Expenses | 0.00 | 7.26M | 6.83M | 3.64M | 3.90M | 1.78M | 1.56M | 1.56M | 1.38M | 935.00K | 893.00K | 6.30M | 422.00K | 0.00 | 0.00 | 287.42K | 316.94K | 9.84M | 248.94K | 8.21K | 0.00 | 0.00 | 14.79M | 0.00 | 0.00 |
| Operating Expenses | 31.48M | 40.07M | 38.45M | 27.45M | 29.43M | 28.04M | 28.56M | 30.43M | 24.28M | 19.80M | 15.19M | 13.73M | 7.04M | 352.29K | 646.32K | 4.31M | 5.28M | 29.46M | 15.99M | 1.32M | 24.83K | 9.23K | 7.05K | 7.25K | 1.00K |
| Cost & Expenses | 38.40M | 48.05M | 49.12M | 32.90M | 39.70M | 30.74M | 28.56M | 30.63M | 24.54M | 19.87M | 15.28M | 14.17M | 7.29M | 352.29K | 779.28K | 23.39M | 17.81M | 29.46M | 15.99M | 1.33M | 24.83K | 9.23K | 7.05K | 7.25K | 1.00K |
| Interest Income | 0.00 | 1.20M | 2.06M | 27.00K | 1.22M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00K | 2.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 381.00K | 1.20M | 2.06M | 1.19M | 1.29M | 1.01M | 1.35M | 1.85M | 1.80M | 1.49M | 1.73M | 2.18M | 296.00K | 0.00 | 36.27K | 372.65K | 315.14K | 316.44K | 103.89K | 175.37K | 784.00 | 0.00 | 1.92M | 0.00 | 0.00 |
| Depreciation & Amortization | 6.95M | 7.26M | 6.83M | 5.50M | 3.90M | 1.78M | 1.56M | 1.56M | 1.38M | 935.00K | 893.00K | 856.00K | 422.00K | 0.00 | 0.00 | 287.42K | 316.94K | 3.16M | 1.48M | 229.33K | -19.30K | 0.00 | 6.83M | 0.00 | 0.00 |
| EBITDA | -13.69M | 2.68M | -7.24M | -10.91M | 1.10M | 6.51M | -7.66M | 6.43M | 4.56M | 1.77M | 2.75M | -173.00K | 4.26M | -271.04K | -566.28K | 1.13M | -11.13M | -13.12M | 58.68K | -1.10M | -44.13K | -9.23K | -7.39M | -7.25K | -1.00K |
| EBITDA Ratio | -77.11% | -62.87% | -11.48% | 6.93% | 14.21% | 18.35% | 14.86% | 11.26% | 16.44% | 8.55% | -7.65% | -1.32% | 38.75% | 0.00% | 0.00% | 4.67% | -7.81% | 13.58% | 0.46% | -179,340.36% | 0.00% | 0.00% | -0.02% | 0.00% | 0.00% |
| Operating Income | -19.39M | -22.27M | -11.18M | -3.46M | 2.03M | 3.93M | -9.22M | 4.87M | 4.81M | 1.44M | 1.86M | 5.69M | 3.84M | -352.29K | -779.28K | 843.54K | -9.86M | -12.02M | -3.45M | -1.33M | -24.83K | -9.23K | -7.05K | -7.25K | -1.00K |
| Operating Income Ratio | -109.20% | -86.38% | -29.48% | -11.73% | 4.86% | 11.08% | -29.09% | 14.86% | 17.34% | 6.93% | 13.88% | 43.32% | 32.98% | 0.00% | 0.00% | 3.48% | -60.79% | -68.32% | -27.51% | -216,812.91% | 0.00% | 0.00% | -0.02% | 0.00% | 0.00% |
| Total Other Income/Expenses | -1.64M | 16.76M | -4.95M | -1.19M | -6.11M | -1.01M | -1.35M | -1.85M | -1.80M | -1.49M | -1.73M | -2.18M | -2.25M | 81.25K | -762.00 | -1.76M | -10.17M | -4.57M | -3.33M | -175.37K | 19.30K | 0.00 | -3.58M | 0.00 | 0.00 |
| Income Before Tax | -21.03M | -5.79M | -16.14M | -17.60M | -4.09M | 2.92M | -10.57M | 3.02M | 3.00M | -53.00K | 130.00K | 3.52M | 3.29M | -271.04K | -780.04K | -920.29K | -11.76M | -16.60M | -6.78M | 0.00 | -5.53K | 0.00 | -16.14M | 0.00 | 0.00 |
| Income Before Tax Ratio | -118.42% | -22.45% | -42.54% | -59.78% | -9.79% | 8.23% | -33.33% | 9.21% | 10.83% | -0.26% | 0.97% | 26.77% | 28.29% | 0.00% | 0.00% | -3.80% | -72.47% | -94.30% | -54.08% | 0.00% | 0.00% | 0.00% | -42.54% | 0.00% | 0.00% |
| Income Tax Expense | 1.21M | -431.00K | -3.11M | -4.52M | -642.00K | 1.83M | -447.00K | 315.00K | 156.00K | -97.00K | -1.40M | -766.00K | -15.00K | 15.00K | 120.00K | 372.65K | 368.53K | 5.21M | 3.33M | 175.37K | 784.00 | 9.23K | -3.11M | 7.25K | 1.00K |
| Net Income | -21.05M | -5.36M | -13.03M | -13.09M | -3.45M | 1.09M | -10.12M | 2.74M | 2.57M | -1.03M | 1.53M | 4.28M | 3.30M | -286.04K | 216.57K | -920.29K | -11.81M | -17.07M | -6.78M | -1.50M | -6.31K | -9.23K | -7.05K | -7.25K | -1.00K |
| Net Income Ratio | -118.57% | -20.77% | -34.35% | -44.43% | -8.26% | 3.07% | -31.92% | 8.36% | 9.29% | -4.98% | 11.46% | 32.60% | 28.42% | 0.00% | 0.00% | -3.80% | -72.80% | -96.99% | -54.08% | -245,467.32% | 0.00% | 0.00% | -0.02% | 0.00% | 0.00% |
| EPS | -1.07 | -0.27 | -0.67 | -0.68 | -0.18 | 0.06 | -0.55 | 0.15 | 0.16 | -0.09 | 0.16 | 0.62 | 0.36 | -1.53 | 1.16 | -4.95 | -75.33 | -130.57 | -66.95 | -24.93 | -0.11 | -0.62 | -0.47 | -0.66 | -0.19 |
| EPS Diluted | -1.07 | -0.27 | -0.67 | -0.68 | -0.18 | 0.06 | -0.55 | 0.14 | 0.15 | -0.08 | 0.16 | 0.57 | -0.36 | -1.53 | 1.16 | -4.95 | -75.33 | -130.57 | -66.95 | -24.93 | -0.11 | -0.62 | -0.47 | -0.66 | -0.19 |
| Weighted Avg Shares Out | 19.71M | 19.62M | 19.46M | 19.12M | 18.86M | 18.28M | 18.40M | 18.63M | 16.15M | 11.70M | 9.19M | 6.94M | 5.75M | 186.44K | 186.44K | 186.02K | 156.79K | 130.74K | 101.30K | 60.25K | 57.01K | 14.97K | 14.97K | 10.97K | 5.37K |
| Weighted Avg Shares Out (Dil) | 19.71M | 19.62M | 19.46M | 19.12M | 18.86M | 18.28M | 18.50M | 19.04M | 17.22M | 12.82M | 9.79M | 7.58M | 5.75M | 186.44K | 186.44K | 186.02K | 156.79K | 130.74K | 101.30K | 60.25K | 57.01K | 14.97K | 14.97K | 10.97K | 5.37K |
XCEL BRANDS, INC. Receives NASDAQ notice regarding late Form 10-Q filing
NEW YORK, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that on November 25, 2024, it received a delinquency notification letter from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not...
Xcel Brands, Inc. (XELB) Q2 2024 Earnings Call Transcript
Xcel Brands, Inc. (NASDAQ:XELB ) Q2 2024 Earnings Conference Call August 14, 2024 9:30 AM ET Company Participants Paul Kuntz - Investor Relations Robert D'Loren - Chairman of the Board & Chief Executive Officer James Haran - Chief Financial Officer...
XCel Brands (XELB) Reports Q2 Loss, Lags Revenue Estimates
XCel Brands (XELB) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.09 per share a year ago.
Xcel Brands to Host Second Quarter 2024 Earnings Call on August 14, 2024
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”) today announced that it will report its second quarter 2024 financial results on August 14, 2024. The Company will hold a conference call with...
What Makes XCel Brands (XELB) a New Buy Stock
XCel Brands (XELB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Xcel Brands (XELB) Q1 Loss Narrower Than Expected, Sales Dip Y/Y
Xcel Brands (XELB) Q1 results reflect that the company is well-poised for strong growth in its core licensing business.
Xcel Brands, Inc. (XELB) Q1 2024 Earnings Call Transcript
Xcel Brands, Inc. (NASDAQ:XELB ) Q1 2024 Earnings Call Transcript May 20, 2024 5:00 PM ET Company Participants Paul Kuntz - IR Robert D'Loren - Chairman and CEO Jim Haran - CFO Conference Call Participants Michael Kupinski - Noble Capital...
Xcel Brands, Inc. Announces First Quarter 2024 Results
NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and social commerce, today announced its financial results for the first...
Xcel Brands to Host First Quarter 2024 Earnings Call on May 20
NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that it will report its first quarter 2024 financial results on May 20, 2024. The Company will hold a conference call with...
Xcel Brands, Inc. (XELB) Q4 2023 Earnings Call Transcript
Xcel Brands, Inc. (NASDAQ:XELB ) Q4 2023 Results Conference Call April 16, 2024 5:00 PM ET Company Participants Craig Brelsford - IR Robert D'Loren - Chairman and Chief Executive Officer Jim Haran - Chief Financial Officer Seth Burroughs - Executive...
Source: https://incomestatements.info
Category: Stock Reports
How did Xcel Brands’ revenue change in Q3 2024?
Total revenue for the third quarter of 2024 was $1.9 million, representing a decrease of approximately $0.7 million (-28%) from the third quarter of 2023.
What impact did the Lori Goldstein brand divestiture have on Xcel Brands?
Revenue Segments: The company’s net licensing revenue decreased primarily due to the divestiture of the Lori Goldstein Brand, with a decline from $2.38 million in the prior year quarter to $1.51 million in the current quarter. However, this was partially offset by increased licensing revenues from other brands.
What are Xcel Brands’ Q3 2024 financial highlights?
Xcel Brands (NASDAQ: XELB) reported Q3 2024 financial results with a net loss of $9.2 million, including a $6.3 million non-cash charge for contingent obligation, compared to a $5.1 million loss in Q3 2023. Total revenue decreased 28% to $1.9 million.
What were the key factors in Xcel Brands’ Q3 2024 net loss?
This decrease was predominantly driven by a decline in net licensing revenue – specifically, the June 30, 2024 divestiture of the Lori Goldstein brand, and delayed sales due to cancelled shows caused by hurricanes at our interactive TV retailer’s studio location, partially offset by increased licensing revenues …