Xcel Brands, Inc. announced its financial results for the quarter ended June 30, 2025.
The company reported a social media following increase from 5 million to 43 million in the 2nd quarter.
Second quarter revenues were $1.3 million, showing stability compared to the first quarter of 2025.
Social Media Following Growth
Social media following in the brand portfolio surged from 5 million to 43 million in the second quarter.
Revenue Stability
Second quarter 2025 revenues of $1.3 million remained flat compared to the first quarter, despite economic headwinds.
Adjusted EBITDA Improvement
Year-to-Date Adjusted EBITDA for 2025 improved by 38%, aiming for break-even monthly Adjusted EBITDA by end of 2025.
- The decrease in total revenue for the second quarter was primarily due to the divestiture of the Lori Goldstein brand.
- Cost reductions and restructuring efforts led to a decrease in direct operating costs and expenses, positioning the company for continued financial stability.
- The recent debt and equity financing transactions in April and August strengthened the company's balance sheet, enabling the development of new creator/influencer brands.
Xcel Brands, Inc. showcased resilience in its financial results, focusing on revenue stability and strategic growth initiatives despite market challenges.