---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-005649"
form_type: "8-K"
ticker: "XELB"
cik: "0001083220"
company_name: "XCel Brands, Inc."
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:04:19.975177+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Xcel Brands Q4 revenue $8.1M (+8%), FY revenue $37.9M (+29%); GAAP net loss $0.63/share; sees 2022 profit

## Summary
- FY2021 total revenue $37.9M, up 29% YoY, driven by wholesale and DTC growth; licensing rose $1.6M from Lori Goldstein acquisition.
- Q4 2021 GAAP net loss $6.9M ($0.35 loss per share) vs $10.4M loss in Q4 2020; non-GAAP net loss $4.6M ($0.23 loss per share).
- Full-year GAAP net loss $12.2M ($0.63/share) vs $12.9M loss in 2020; non-GAAP net loss $6.2M ($0.32/share) vs non-GAAP net income of $1.8M in 2020.
- Adjusted EBITDA negative $2.5M in 2021, down from positive $4.1M in 2020; a fire at a retail partner's distribution center impacted Q4 results.
- Management expects continued growth across all segments and a return to profitability in 2022, citing livestreaming investments.

## SEC filing metadata
- accession: 0001558370-22-005649
- form_type: 8-K
- ticker: XELB
- cik: 0001083220
- company_name: XCel Brands, Inc.
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083220/000155837022005649/0001558370-22-005649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083220/000155837022005649/xelb-20220414x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-005649
- JSON: https://secwatch.observer/filing/0001558370-22-005649.json
- Plain text: https://secwatch.observer/filing/0001558370-22-005649.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.