CoverageForm 410-K10-Q8-K13D13G13F

XELB · Xcel Brands, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · XELB

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue-$445.0K$6.92M$7.98M$10.67M$5.46M
Gross Profit$4.94M$7.81M$10.84M$17.80M$27.27M$23.99M
R&D------
SG&A$4.65M$6.84M$13.36M$15.39M$14.36M$6.57M
Total Operating Expenses$8.57M$12.76M$23.27M$620.0K$39.82M$40.45M
D&A$3.59M$4.95M$6.95M$7.26M$6.83M$5.50M
Operating Income($13.23M)($21.41M)($20.64M)($2.26M)($12.56M)($16.41M)
Interest Expense$2.08M$618.0K$113.0K$1.19M$1.22M$1.19M
Income Tax$75.0K$220.0K$1.21M($431.0K)($3.11M)($4.52M)
Net Income($17.46M)($22.39M)($21.05M)($4.02M)($12.18M)($12.94M)
EPS - Basic($5.08)($9.84)($10.70)($2.00)($6.30)($6.80)
EPS - Diluted($5.08)($9.84)($10.70)($2.00)($6.30)($6.80)

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$1.15M$1.25M$3.00M$4.61M$4.48M$4.96M
Accounts Receivable$956.0K$2.27M$3.45M$5.11M$7.64M$8.89M
Inventory-$0$453.0K$2.85M$3.38M$1.22M
Accounts Payable------
Current Assets$3.67M$4.04M$7.30M$14.02M$17.18M$16.15M
Total Assets$38.95M$53.76M$71.66M$88.94M$125.78M$123.05M
Current Liabilities$7.49M$10.39M$6.47M$6.56M$10.52M$10.32M
Long-term Debt$9.46M$6.57M$3.97M-$25.53M$13.84M
Total Liabilities$23.12M$25.36M$23.49M$18.80M$50.84M$36.80M
Stockholders' Equity$17.96M$30.42M$50.03M$70.81M$74.28M$85.75M
Retained Earnings($93.70M)($76.24M)($53.85M)($32.80M)($28.78M)($16.59M)

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow($7.02M)($4.72M)($6.54M)($14.18M)($6.56M)$3.19M
Investing Cash Flow($10.0K)($112.0K)$209.0K$44.52M($4.79M)($702.0K)
Financing Cash Flow$7.93M$3.82M$4.73M($30.95M)$10.51M($2.17M)
CapEx$10.0K$112.0K$100.0K$265.0K$1.09M$748.0K
Free Cash Flow($7.03M)($4.83M)($6.64M)($14.45M)($7.65M)$2.44M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income0.400.220.323.600.63-0.19
R&D / Revenue------
SG&A / Revenue------
Effective tax rate------
Return on assets-44.8%-41.7%-29.4%-4.5%-9.7%-10.5%
Return on equity-97.2%-73.6%-42.1%-5.7%-16.4%-15.1%
Return on invested capital-38.1%-45.7%-30.2%--9.9%-13.0%
Liquidity
Current ratio0.490.391.132.141.631.57
Quick ratio0.490.391.061.701.311.45
Cash ratio0.150.120.460.700.430.48
Leverage
Debt / Equity0.530.220.08-0.340.16
Debt / Assets0.240.120.06-0.200.11
Debt / EBITDA------
Interest coverage-6.4x-34.6x-182.7x-1.9x-10.3x-13.8x
Equity multiplier2.171.771.431.261.691.44
Liabilities / Assets0.590.470.330.210.400.30
Efficiency
Asset turnover------
Inventory turnover--15.272.803.164.49
Days sales outstanding------
Days inventory outstanding-0d24d130d115d81d
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E------
P / B0.2x0.4x5.1x1.9x2.9x2.7x
P / S------
EV / EBITDA---26.5x--
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)-36.8%-27.9%-39.1%-34.7%13.6%-23.7%
Operating income growth (YoY)38.2%-3.7%-813.5%82.0%23.5%-528.0%
Net income growth (YoY)22.0%-6.4%-423.9%67.0%5.8%-277.6%
EPS growth (YoY)48.4%8.0%-435.0%68.3%7.4%-3677.8%
EPS CAGR (3y)------
EPS CAGR (5y)------
FCF growth (YoY)-45.7%27.3%54.0%-88.8%-3.0%
FCF CAGR (5y)------2.5%
Book value growth (YoY)-41.0%-39.2%-29.3%-4.7%-13.4%-12.6%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

2/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: Patent Owners & Lessors

CompanyRevenue (last FY)Net marginROE
IDCC$834.01M48.8%36.9%
APPS$565.25M-6.7%-19.6%
DLB$1.35B18.9%9.7%
ACTG$285.23M7.6%4.0%
FRG$4.40B-1.6%-16.3%

Comparing XCel Brands against the 5 most active filers in the same SIC group.