$1.04
-0.12(-9.91%)
Mkt Cap $6M
$0.29
$1.70
52-Week Range
At a Glance
AI-generatedXWELL faced persistent operating losses and cash burn in FY2025, driven by XpresTest revenue declines from reduced testing volumes, partially offset by Naples Wax growth, with closures stabilizing costs amid a post-year-end financing lifeline for liquidity.
8-K
XWELL, Inc. announced fiscal 2025 financial results with $29.2 million revenue, reduced operating expenses, and a subsequent $31.3 million private placement for debt reduction and working capital.$6M
Market Cap
$30M
Revenue
-$15M
Net Income
Employees246
Fundamentals
How The Business Makes Money
XWELL Inc., a health and wellness services company, provides spa services at airports. It operates through XpresSpa, XpresTest, Treat, and HyperPointe brands. The company offers spa services, including massage, and nail and skin care, as well as spa and travel products; and retail products. It also operates wellness centers that provides COVID-19 screening and testing, and rapid testing services for other communicable diseases, such as influenza, COVID-19, RSV, Flu A&B, and seasonal flu vaccination services; and other medical diagnostic testing services. In addition, the company offers services through an integrated digital platform, and a relevant retail offering to the traveling public. As of December 31, 2021, it operated 52 spa and clinic locations in 24 airports in the United States, the Netherlands, and the United Arab Emirates. The company was formerly known as XpresSpa Group, Inc. and changed its name to XWELL Inc. in October 2022. XWELL Inc. is headquartered in New York, New York.
Industry Personal Products & Services
Activity
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Company Profile
CIK0001410428
ISINUS98420U8027
CUSIP98420U802
Phone212 309 7549
Address254 West 31st Street, New York City, NY, 10001, US
SEC EDGAR