XCel Brands Inc (OQ:XELB)
Business Focus: Copyright Management
| Sector: Consumer Cyclicals | Industry: Entertainment Production |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1333 Broadway, 10th Floor NEW YORK NY 10018 |
| Tel: | N/A |
| Website: | https://xcelbrands.co |
| IR: | See website |
| Key People | ||
| Robert W. D'Loren Chairman of the Board, President, Chief Executive Officer | James F. Haran Chief Financial Officer | Seth Burroughs Executive Vice President - Business Development, Treasurer |
| Business Overview |
| Xcel Brands, Inc. is a media and consumer products company. The Company is engaged in the designing, production, marketing, live streaming, wholesale distribution and direct-to-consumer sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands. The Company's brand portfolio consists of the Lori Goldstein, Halston, Judith Ripka, C Wonder, Longaberger, and Isaac Mizrahi Brands, and other proprietary brands, including the various labels under these brands. Judith Ripka is a luxury jewelry brand and is available in fine jewelry stores, luxury retailers and via e-commerce. C Wonder offers women's clothing, footwear, jewelry and accessories. The Halston brand is a fashion brand and is available across various distribution channels, including department stores, e-commerce, interactive television, and national specialty retailers. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, XCel Brands Inc revenues decreased 31% to $17.8M. Net loss increased from $4M to $21.1M. Revenues reflect Net licensing revenue decrease of 38% to $9.2M, Net sales decrease of 22% to $8.6M. Higher net loss reflects Gain on sale of majority interest in Isa decrease from $20.6M (income) to $0K, Gain on reduction of contingent obligati decrease from $900K (income) to $0K. |
| Employees: | 34 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $17.83M as of Dec 31, 2023 |
| Annual revenue (TTM): | $17.76M as of Dec 31, 2023 |
| EBITDA (TTM): | -$9.18M as of Dec 31, 2023 |
| Net annual income (TTM): | -$21.05M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$6.65M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $1.72M as of Dec 31, 2023 |
| Shares outstanding: | 23,492,117 as of Apr 3, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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