XWEL
XWELL, Inc.
Price Chart
Latest Quote
$0.31
Current Price| Previous Close | $0.32 |
| Open | $0.26 |
| Day High | $0.32 |
| Day Low | $0.26 |
| Volume | 1,241,230 |
Stock Information
| Shares Outstanding | 5.77M |
| Total Debt | $9.56M |
| Cash Equivalents | $4.22M |
| Revenue | $29.52M |
| Net Income | $-17.39M |
| Sector | Healthcare |
| Industry | Diagnostics & Research |
| Market Cap | $1.79M |
| EPS (TTM) | $-3.34 |
| Exchange | NCM |
đ Custom Metrics & Score
Score: 12/42| Debt to Equity | -13.66 |
| Debt to Earnings | 1.21 |
| Current Ratio | 1.66 |
| Quick Ratio | 1.47 |
| Avg Revenue Growth | -13.51% |
| Profit Margin | -49.72% |
| Return on Equity | 2138.71% |
| Avg FCF Growth | -70.89% |
| FCF Yield | -715.61% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $0.31 | 1,241,230 |
| 2026-01-30 | $0.32 | 8,207,100 |
| 2026-01-29 | $0.29 | 278,600 |
| 2026-01-28 | $0.32 | 104,900 |
| 2026-01-27 | $0.32 | 194,700 |
| 2026-01-26 | $0.34 | 149,900 |
| 2026-01-23 | $0.35 | 484,400 |
| 2026-01-22 | $0.34 | 1,450,500 |
| 2026-01-21 | $0.43 | 7,722,800 |
| 2026-01-20 | $0.37 | 226,400 |
| 2026-01-16 | $0.39 | 56,900 |
| 2026-01-15 | $0.42 | 73,200 |
| 2026-01-14 | $0.44 | 33,400 |
| 2026-01-13 | $0.45 | 157,000 |
| 2026-01-12 | $0.46 | 58,700 |
| 2026-01-09 | $0.45 | 49,400 |
| 2026-01-08 | $0.46 | 87,200 |
| 2026-01-07 | $0.46 | 31,200 |
| 2026-01-06 | $0.45 | 38,100 |
| 2026-01-05 | $0.43 | 99,800 |
About XWELL, Inc.
XWELL, Inc. provides health and wellness services to travelers in the United States and internationally. It operates in four segments: XpresSpa, XpresTest, Naples Wax Center, and Treat. The XpresSpa segment provides traveler's spa services, including massage, and nail and skin care services, as well as spa and travel products. The XpresTest segment offers diagnostic COVID-19 tests to airport employees and traveling public at XpresCheck Wellness Centers in airports; operates the CDC's bio-surveillance program; and provides marketing support through HyperPointe business to various health and health-related channels. The Napple Wax Center segment offers skincare and cometic products, as well as face and body waxing services. The Treat segment provides access to wellness services for travelers at on-site centers. The company offers its services through stores and kiosks, as well as online. The company was formerly known as XpresSpa Group, Inc. and changed its name to XWELL, Inc. in October 2022. XWELL, Inc. is based in New York, New York.
Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $23,643,000 | $24,947,000 | $42,047,000 | $39,666,000 |
| Cost Of Revenue | $24,978,000 | $26,428,000 | $43,891,000 | $41,385,000 |
| Total Revenue | $33,897,000 | $30,109,000 | $55,939,000 | $73,729,000 |
| Operating Revenue | $33,897,000 | $30,109,000 | $55,933,000 | $73,715,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Expenses | $45,998,000 | $49,404,000 | $80,489,000 | $68,785,000 |
| Rent Expense Supplemental | $3,712,000 | $4,473,000 | $4,138,000 | $2,505,000 |
| Other Income Expense | $-4,541,000 | $-8,827,000 | $-7,946,000 | $-1,917,000 |
| Other Non Operating Income Expenses | $-32,000 | $-35,000 | $-51,000 | $-17,000 |
| Net Non Operating Interest Income Expense | $201,000 | $128,000 | $-78,000 | $-78,000 |
| Total Other Finance Cost | $179,000 | $320,000 | $462,000 | $78,000 |
| Operating Expense | $21,020,000 | $22,976,000 | $36,598,000 | $27,400,000 |
| General And Administrative Expense | $20,082,000 | $20,911,000 | $31,169,000 | $24,199,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $-16,853,000 | $-27,741,000 | $-32,837,000 | $3,349,000 |
| Net Interest Income | $201,000 | $128,000 | $-78,000 | $-78,000 |
| Interest Income | $380,000 | $448,000 | $384,000 | - |
| Normalized Income | $-13,290,890 | $-20,795,320 | $-26,599,950 | $5,212,920 |
| Net Income From Continuing And Discontinued Operation | $-16,853,000 | $-27,741,000 | $-32,837,000 | $3,349,000 |
| Total Operating Income As Reported | $-16,707,000 | $-28,206,000 | $-31,163,000 | $4,107,000 |
| Net Income Common Stockholders | $-16,853,000 | $-27,741,000 | $-32,837,000 | $3,349,000 |
| Net Income | $-16,853,000 | $-27,741,000 | $-32,837,000 | $3,349,000 |
| Net Income Including Noncontrolling Interests | $-16,490,000 | $-28,029,000 | $-32,629,000 | $2,893,000 |
| Net Income Continuous Operations | $-16,490,000 | $-28,029,000 | $-32,629,000 | $2,893,000 |
| Pretax Income | $-16,441,000 | $-27,994,000 | $-32,574,000 | $2,949,000 |
| Special Income Charges | $-4,606,000 | $-8,911,000 | $-6,613,000 | $-837,000 |
| Interest Income Non Operating | $380,000 | $448,000 | $384,000 | - |
| Operating Income | $-12,101,000 | $-19,295,000 | $-24,550,000 | $4,944,000 |
| Depreciation Amortization Depletion Income Statement | $938,000 | $2,065,000 | $5,429,000 | $3,201,000 |
| Depreciation And Amortization In Income Statement | $938,000 | $2,065,000 | $5,429,000 | $3,201,000 |
| Gross Profit | $8,919,000 | $3,681,000 | $12,048,000 | $32,344,000 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $-3.66 | $-6.64 | $-7.01 | $0.60 |
| Basic EPS | $-3.66 | $-6.64 | $-7.01 | $0.60 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $-946,890 | $-1,846,320 | $-1,657,950 | $-36,080 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-5,319,000 | $-6,957,000 | $-9,382,000 | $11,764,000 |
| Total Unusual Items | $-4,509,000 | $-8,792,000 | $-7,895,000 | $-1,900,000 |
| Total Unusual Items Excluding Goodwill | $-4,509,000 | $-8,792,000 | $-7,895,000 | $-1,900,000 |
| Reconciled Depreciation | $2,273,000 | $3,546,000 | $7,273,000 | $4,920,000 |
| EBITDA (Bullshit earnings) | $-9,828,000 | $-15,749,000 | $-17,277,000 | $9,864,000 |
| EBIT | $-12,101,000 | $-19,295,000 | $-24,550,000 | $4,944,000 |
| Diluted Average Shares | $4,610,940 | $4,175,220 | $4,682,767 | $5,253,837 |
| Basic Average Shares | $4,610,940 | $4,175,220 | $4,682,767 | $5,215,308 |
| Diluted NI Availto Com Stockholders | $-16,853,000 | $-27,741,000 | $-32,837,000 | $3,349,000 |
| Minority Interests | $-363,000 | $288,000 | $-208,000 | $456,000 |
| Tax Provision | $49,000 | $35,000 | $55,000 | $56,000 |
| Gain On Sale Of Ppe | $-90,000 | $-34,000 | $-834,000 | $-22,000 |
| Impairment Of Capital Assets | $4,516,000 | $8,877,000 | $5,779,000 | $815,000 |
| Gain On Sale Of Security | $97,000 | $119,000 | $-1,282,000 | $-1,063,000 |
| Selling General And Administration | $20,082,000 | $20,911,000 | $31,169,000 | $24,199,000 |
| Other Gand A | $12,542,000 | $12,957,000 | $21,178,000 | $24,199,000 |
| Salaries And Wages | $7,540,000 | $7,954,000 | $9,991,000 | - |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $-3,200,000 | $10,278,000 | $31,894,000 | $89,000,000 |
| Total Assets | $25,352,000 | $38,993,000 | $70,426,000 | $127,266,000 |
| Total Non Current Assets | $10,015,000 | $12,427,000 | $23,094,000 | $18,287,000 |
| Other Non Current Assets | $765,000 | $987,000 | $1,043,000 | $809,000 |
| Non Current Prepaid Assets | $1,535,000 | $1,556,000 | $1,973,000 | $2,030,000 |
| Goodwill And Other Intangible Assets | $2,412,000 | $2,724,000 | $8,032,000 | $3,732,000 |
| Other Intangible Assets | $1,023,000 | $1,353,000 | $4,008,000 | $3,732,000 |
| Current Assets | $15,337,000 | $26,566,000 | $47,332,000 | $108,979,000 |
| Other Current Assets | $56,000 | $55,000 | $48,000 | $48,000 |
| Prepaid Assets | $1,190,000 | $894,000 | $1,074,000 | $1,047,000 |
| Inventory | $501,000 | $900,000 | $1,161,000 | $1,763,000 |
| Receivables | $1,793,000 | $1,667,000 | $2,858,000 | $615,000 |
| Accounts Receivable | $1,793,000 | $1,667,000 | $2,858,000 | $615,000 |
| Cash Cash Equivalents And Short Term Investments | $11,797,000 | $23,050,000 | $42,191,000 | $105,506,000 |
| Cash And Cash Equivalents | $4,550,000 | $8,437,000 | $19,038,000 | $105,506,000 |
| Cash Equivalents | $245,000 | $316,000 | $132,000 | $813,000 |
| Cash Financial | $4,305,000 | $8,121,000 | $18,906,000 | $104,693,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Debt | $10,767,000 | $11,094,000 | $14,107,000 | $13,824,000 |
| Long Term Debt And Capital Lease Obligation | $8,386,000 | $8,692,000 | $11,521,000 | $7,504,000 |
| Current Debt And Capital Lease Obligation | $2,381,000 | $2,402,000 | $2,586,000 | $6,320,000 |
| Current Debt | - | - | - | $3,584,000 |
| Other Current Borrowings | - | - | - | $3,584,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $17,610,000 | $18,022,000 | $22,477,000 | $27,331,000 |
| Total Non Current Liabilities Net Minority Interest | $8,386,000 | $8,692,000 | $11,521,000 | $7,504,000 |
| Current Liabilities | $9,224,000 | $9,330,000 | $10,956,000 | $19,827,000 |
| Other Current Liabilities | $18,000 | $8,000 | $33,000 | $501,000 |
| Current Deferred Liabilities | $1,143,000 | $861,000 | $339,000 | $549,000 |
| Payables And Accrued Expenses | $3,298,000 | $3,961,000 | $5,990,000 | $9,595,000 |
| Payables | $2,183,000 | $1,600,000 | $2,885,000 | $6,138,000 |
| Total Tax Payable | $571,000 | $501,000 | $573,000 | $603,000 |
| Accounts Payable | $1,612,000 | $1,099,000 | $2,312,000 | $5,535,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $-788,000 | $13,002,000 | $39,926,000 | $92,732,000 |
| Total Equity Gross Minority Interest | $7,742,000 | $20,971,000 | $47,949,000 | $99,935,000 |
| Stockholders Equity | $-788,000 | $13,002,000 | $39,926,000 | $92,732,000 |
| Gains Losses Not Affecting Retained Earnings | $-1,959,000 | $-1,924,000 | $-534,000 | $-312,000 |
| Other Equity Adjustments | $-1,959,000 | $-1,924,000 | $-534,000 | $-312,000 |
| Retained Earnings | $-472,706,000 | $-455,853,000 | $-428,112,000 | $-395,275,000 |
| Long Term Equity Investment | $85,000 | $50,000 | $104,000 | $722,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $5,261,024 | $4,179,631 | $4,161,613 | $5,063,467 |
| Share Issued | $5,261,024 | $4,179,631 | $4,161,613 | $5,063,467 |
| Tangible Book Value | $-3,200,000 | $10,278,000 | $31,894,000 | $89,000,000 |
| Invested Capital | $-788,000 | $13,002,000 | $39,926,000 | $96,316,000 |
| Working Capital | $6,113,000 | $17,236,000 | $36,376,000 | $89,152,000 |
| Capital Lease Obligations | $10,767,000 | $11,094,000 | $14,107,000 | $10,240,000 |
| Total Capitalization | $-788,000 | $13,002,000 | $39,926,000 | $92,732,000 |
| Minority Interest | $8,530,000 | $7,969,000 | $8,023,000 | $7,203,000 |
| Additional Paid In Capital | $473,824,000 | $470,737,000 | $468,530,000 | $487,306,000 |
| Capital Stock | $53,000 | $42,000 | $42,000 | $1,013,000 |
| Common Stock | $53,000 | $42,000 | $42,000 | $1,013,000 |
| Long Term Capital Lease Obligation | $8,386,000 | $8,692,000 | $11,521,000 | $7,504,000 |
| Current Deferred Revenue | $1,143,000 | $861,000 | $339,000 | $549,000 |
| Current Capital Lease Obligation | $2,381,000 | $2,402,000 | $2,586,000 | $2,736,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $2,384,000 | $2,098,000 | $2,008,000 | $2,862,000 |
| Current Accrued Expenses | $1,115,000 | $2,361,000 | $3,105,000 | $3,457,000 |
| Investments And Advances | $85,000 | $50,000 | $104,000 | $722,000 |
| Goodwill | $1,389,000 | $1,371,000 | $4,024,000 | $0 |
| Net PPE | $5,218,000 | $7,110,000 | $11,942,000 | $10,994,000 |
| Accumulated Depreciation | $-3,838,000 | $-4,895,000 | $-7,000,000 | $-6,740,000 |
| Gross PPE | $9,056,000 | $12,005,000 | $18,942,000 | $17,734,000 |
| Leases | $4,566,000 | $5,848,000 | $8,692,000 | $11,225,000 |
| Other Properties | $4,131,000 | $5,336,000 | $9,036,000 | $5,363,000 |
| Machinery Furniture Equipment | $359,000 | $821,000 | $1,214,000 | $1,146,000 |
| Properties | $0 | $0 | $0 | $0 |
| Other Short Term Investments | $7,247,000 | $14,613,000 | $23,153,000 | $0 |
| Preferred Stock | - | - | - | $0 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-12,797,000 | $-18,447,000 | $-31,025,000 | $6,971,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $-11,005,000 | $-16,074,000 | $-24,188,000 | $14,561,000 |
| Cash Flow From Continuing Operating Activities | $-11,005,000 | $-16,074,000 | $-24,188,000 | $14,561,000 |
| Operating Gains Losses | $314,000 | $826,000 | $1,452,000 | $1,068,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-1,792,000 | $-2,373,000 | $-6,837,000 | $-7,590,000 |
| Investing Cash Flow | $5,895,000 | $5,650,000 | $-34,843,000 | $-5,156,000 |
| Cash Flow From Continuing Investing Activities | $5,895,000 | $5,650,000 | $-34,843,000 | $-5,156,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repurchase Of Capital Stock | $0 | $-22,000 | $-23,862,000 | $-7,825,000 |
| Issuance Of Capital Stock | $1,355,000 | $0 | $0 | $17,085,000 |
| Financing Cash Flow | $1,359,000 | $8,000 | $-27,377,000 | $6,350,000 |
| Cash Flow From Continuing Financing Activities | $1,359,000 | $8,000 | $-27,377,000 | $6,350,000 |
| Net Common Stock Issuance | $1,355,000 | $-22,000 | $-23,862,000 | $9,260,000 |
| Common Stock Issuance | $1,355,000 | $0 | $0 | $17,085,000 |
| Net Other Financing Charges | - | $30,000 | $69,000 | $-854,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Income Tax Paid Supplemental Data | $59,000 | $35,000 | $55,000 | $0 |
| End Cash Position | $5,301,000 | $9,188,000 | $19,789,000 | $106,257,000 |
| Beginning Cash Position | $9,188,000 | $19,789,000 | $106,257,000 | $90,502,000 |
| Effect Of Exchange Rate Changes | $-136,000 | $-185,000 | $-60,000 | $0 |
| Changes In Cash | $-3,751,000 | $-10,416,000 | $-86,408,000 | $15,755,000 |
| Proceeds From Stock Option Exercised | $4,000 | $0 | $0 | $13,000 |
| Common Stock Payments | $0 | $-22,000 | $-23,862,000 | $-7,825,000 |
| Net Investment Purchase And Sale | $7,687,000 | $9,417,000 | $-23,153,000 | $0 |
| Sale Of Investment | $7,986,000 | $9,417,000 | $0 | - |
| Purchase Of Investment | $-299,000 | $0 | $-23,153,000 | $0 |
| Net Business Purchase And Sale | $0 | $-1,394,000 | $-4,853,000 | $2,434,000 |
| Purchase Of Business | $0 | $-1,394,000 | $-4,853,000 | $0 |
| Net Intangibles Purchase And Sale | $-9,000 | $-468,000 | $-373,000 | $-3,308,000 |
| Purchase Of Intangibles | $-9,000 | $-468,000 | $-373,000 | $-3,308,000 |
| Net PPE Purchase And Sale | $-1,783,000 | $-1,905,000 | $-6,464,000 | $-4,282,000 |
| Purchase Of PPE | $-1,783,000 | $-1,905,000 | $-6,464,000 | $-4,282,000 |
| Change In Working Capital | $-1,585,000 | $-1,918,000 | $-9,936,000 | $1,630,000 |
| Change In Other Working Capital | $281,000 | $-289,000 | $-933,000 | $-365,000 |
| Change In Other Current Liabilities | $-2,356,000 | $-3,105,000 | $-4,056,000 | $-1,211,000 |
| Change In Other Current Assets | $-103,000 | $512,000 | $-457,000 | $-1,251,000 |
| Change In Payables And Accrued Expense | $387,000 | $-488,000 | $-3,247,000 | $6,687,000 |
| Change In Payable | $387,000 | $-488,000 | $-3,247,000 | $6,687,000 |
| Change In Account Payable | $387,000 | $-488,000 | $-3,247,000 | $6,687,000 |
| Change In Inventory | $399,000 | $261,000 | $592,000 | $-1,106,000 |
| Change In Receivables | $-193,000 | $1,191,000 | $-1,835,000 | $-1,124,000 |
| Changes In Account Receivables | $-193,000 | $1,191,000 | $-1,835,000 | $-1,124,000 |
| Other Non Cash Items | $-655,000 | $-818,000 | $103,000 | $379,000 |
| Stock Based Compensation | $893,000 | $2,319,000 | $3,770,000 | $2,856,000 |
| Unrealized Gain Loss On Investment Securities | $-321,000 | $-877,000 | $0 | - |
| Provisionand Write Offof Assets | $50,000 | $0 | - | - |
| Asset Impairment Charge | $4,516,000 | $8,877,000 | $5,779,000 | $815,000 |
| Depreciation Amortization Depletion | $2,273,000 | $3,546,000 | $7,273,000 | $4,920,000 |
| Depreciation And Amortization | $2,273,000 | $3,546,000 | $7,273,000 | $4,920,000 |
| Depreciation | $2,273,000 | $3,546,000 | $7,273,000 | $4,920,000 |
| Earnings Losses From Equity Investments | $-35,000 | $54,000 | $618,000 | $1,046,000 |
| Net Foreign Currency Exchange Gain Loss | $259,000 | $738,000 | $0 | - |
| Net Income From Continuing Operations | $-16,490,000 | $-28,029,000 | $-32,629,000 | $2,893,000 |
| Repayment Of Debt | - | $0 | $-3,584,000 | $-2,069,000 |
| Interest Paid Supplemental Data | - | $0 | $10,000 | $11,000 |
| Net Issuance Payments Of Debt | - | $0 | $-3,584,000 | $-2,069,000 |
| Net Long Term Debt Issuance | - | $0 | $-3,584,000 | $-2,069,000 |
| Long Term Debt Payments | - | $0 | $-3,584,000 | $-2,069,000 |
| Sale Of Business | - | - | $0 | $2,434,000 |
| Issuance Of Debt | - | - | - | $0 |
| Long Term Debt Issuance | - | - | - | $0 |