Event-Driven Stocks

XCel Brands, Inc.

XELBNasdaq

Financials · Patent Owners & Lessors · DE · SEC filings ↗ · Compare ⊕

View price & chart on Yahoo Finance ↗
Signs● 1 good● 4 warning● 2 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$4.9M$8.3M$17.8M$25.8M$37.9M$29.4M
Operating income−$13.2M−$21.4M−$20.6M−$2.3M−$12.6M−$16.4M
Net income−$17.5M−$22.4M−$21.1M−$4.0M−$12.2M−$12.9M
Total assets$38.9M$53.8M$71.7M$88.9M$125.8M$123.1M
Total liabilities$23.1M$25.4M$23.5M$18.8M$50.8M$36.8M
Equity$18.0M$30.4M$50.0M$70.8M$74.3M$85.7M
EPS (diluted)$-5.08$-9.84$-10.68$-0.20$-0.63$-0.68
Shares out.2.4M23.5M19.6M19.6M19.3M18.9M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−267.9%
Net margin
−353.5%
Return on equity
−97.2%
Return on assets
−44.8%
Return on capital (ROCE)
−42.1%
Liabilities / assets
59.4%
Debt / equity
1.29×
Book value / share
$7.50
Revenue growth (YoY)
−40.2%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-9.95distress
Accruals / assets
−26.8%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
37
/ 100
Profitability 0Growth 0Catalyst 67Earnings quality 67Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 2 severe● 4 warning● 1 good
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • Negative operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202624,6951.5-48.2%
Apr 30, 202647,7141.6+10.7%
Apr 15, 202643,1041.0-26.9%
Mar 31, 202658,9381.0+0.2%
Mar 13, 202658,8282.1-6.3%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)