Reports Q2 revenue $1.321M vs $2.916M last year. Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel commented “Our current quarter results reflect the stability of our current revenue streams and working-capital-light operating model. Our recent debt and equity financing transactions in April and August have strengthened our balance sheet, which will facilitate the development of our new and exciting creator/influencer brands that we have announced over the last few months. We have planned launches that begin later this year and in 2026.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XELB:
