XELB Financials 07/16/2014 01:58:10 Xcel Brands,
Post# of 27
Xcel Brands, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 13,368 12,703 11,627 9,796
Cost of Revenue 93 - 252 -
Gross Profit 13,275 12,703 11,375 9,796
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 14,297 12,876 6,620 4,666
Non-Recurring Items - - - -
Other 893 856 422 283
Operating Income (1,915) (1,029) 4,333 4,847
Income From Continuing Operations
Add'l Income/Expense Items 3,771 6,722 (498) 2
Earnings Before Interest and Tax 1,856 5,693 3,835 4,849
Interest Expense 1,726 2,175 546 -
Earnings Before Tax 130 3,518 3,289 4,849
Income Tax (1,402) (766) (15) 222
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 181 4,706 3,304 4,627
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 1,532 4,284 3,304 4,627
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders 1,532 4,284 3,304 4,627