Xcel Brands, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-17.5M | $-22.4M | $-21.1M | $-4.0M | $-12.2M | $-12.9M | $-3.4M | $1.1M |
| Depreciation & Amortization | $3.6M | $4.9M | $7.0M | $7.3M | $6.8M | $5.5M | $3.9M | $1.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.5M | $4.8M | $6.1M | $6.1M | $5.6M | $4.6M | $3.2M | $1.1M |
| Stock-Based Compensation | $570.0K | $403.0K | $242.0K | $620.0K | $720.0K | $850.0K | $976.0K | $1.8M |
| Net Cash from Operating Activities | $-7.0M | $-4.7M | $-6.5M | $-14.2M | $-6.6M | $3.2M | $3.5M | $6.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.0K | $112.0K | $100.0K | $265.0K | $1.1M | $748.0K | $1.1M | $1.5M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-10.0K | $-112.0K | $209.0K | $44.5M | $-4.8M | $-702.0K | $-10.3M | $-1.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $204.0K | $107.0K | — | $442.0K | $16.0K | $190.0K | $174.0K | $1.0M |
| Net Cash from Financing Activities | $7.9M | $3.8M | $4.7M | $-31.0M | $10.5M | $-2.2M | $2.3M | $-6.5M |
| Net Change in Cash | $896.0K | $-1.0M | $-1.6M | $-614.0K | $-844.0K | $316.0K | $-4.6M | $-1.4M |
| Free Cash Flow | $-7.0M | $-4.8M | $-6.6M | $-14.4M | $-7.7M | $2.4M | $2.4M | $5.1M |