See more : I-Sheng Electric Wire & Cable Co., Ltd. (6115.TW) 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. Announces Fourth Quarter and Fiscal Year 2023 Results
NEW YORK, April 16, 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 fourth...
Xcel Brands to Present at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 & 1x1 Meetings on Thursday, May 2, 2024
NEW YORK, NY / ACCESSWIRE / April 16, 2024 / Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a media and consumer products company with expertise in livestream shopping and social commerce, today announced that it will be presenting at...
Xcel Brands to Host Q4 and Fiscal 2023 Earnings Call on April 16
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), today announced that it will report its fourth quarter and fiscal year 2023 financial results on April 16, 2024. The Company will hold a...
Xcel Brands, Inc. and Fashion Icon Christie Brinkley form Joint Venture
NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with expertise in livestream shopping and social commerce, announced today its newly formed joint venture with supermodel,...
Xcel Brands, Inc. Announces Pricing of $2.42 Million Public Offering of Common Stock and Concurrent Private Placement
NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (“Xcel”; NASDAQ: XELB), 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...
Xcel Brands, Inc. Announces Proposed Public Offering of Common Stock
NEW YORK, March 14, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (“Xcel”; NASDAQ: XELB), 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...
C.Wonder by Christian Siriano wins HSN's Vendor Excellence Award for Rising Star
NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with expertise in livestream shopping and social commerce, announced today that their brand C. Wonder by Christian...
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Xcel Brands Announces Participation in Noble Capital Markets C-Suite Interview Series
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company with expertise in livestream shopping and social commerce, announced their participation in Noble Capital Markets' C-Suite Interview Series, presented by Channelchek.
Mobilicom and Xcel Brands Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV
ORLANDO, FL / ACCESSWIRE / February 9, 2024 / RedChip Companies will air interviews with Mobilicom Limited (NASDAQ:MOB) and Xcel Brands (Nasdaq:XELB) on the RedChip Small Stocks, Big Money™ show, a sponsored program on Bloomberg TV, this Saturday, February 10,...
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 …