Symbols / XWEL Stock $1.47 +6.52% XWELL, Inc.

Healthcare • Diagnostics & Research • United States • NCM
XWEL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Healthcare
Industry Diagnostics & Research
CEO Mr. Ezra T. Ernst
Exch · Country NCM · United States
Market Cap 11.65M
Enterprise Value 31.20M
Income -28.23M
Sales 29.21M
FCF (ttm) -5.10M
Book/sh -1.10
Cash/sh 0.33
Employees 175
Insider 10d —
IPO Jul 27, 2010
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -0.56
PEG —
P/S 0.40
P/B -1.34
P/C —
EV/EBITDA -3.67
EV/Sales 1.07
Quick Ratio 0.33
Current Ratio 0.46
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -5.08
EPS next Y -2.63
EPS Growth —
Revenue Growth -4.20%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2023-11-14
Earnings (prior) 2023-11-14
ROA -31.98%
ROE —
ROIC —
Gross Margin 25.70%
Oper. Margin -45.07%
Profit Margin -58.17%
Shs Outstand 7.93M
Shs Float 5.93M
Insider Own 23.75%
Instit Own 11.61%
Short Float 7.21%
Short Ratio 2.55
Short Interest 487.63K
52W High 2.20
vs 52W High -33.18%
52W Low 0.26
vs 52W Low 465.38%
Beta 1.01
Impl. Vol. —
Rel Volume 0.01
Avg Volume 8.12M
Volume 81.25K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $1.38
Price $1.47
Change 6.52%
About

XWELL, Inc. engages in the provision of health and wellness services to travelers in the United States and internationally. It operates in three segments: XpresSpa, XpresTest, and Naples Wax Center. 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 COVID-19 and other medical testing to the traveling public, as well as airline, airport and concessionaire employees, and TSA and U.S. customs and border protection agents; aircraft wastewater and passenger nasal sampling through the CDC's bio-surveillance program; and various services and support, including technical support services and advanced services. The Napple Wax Center segment offers skincare and cometic products, as well as face and body waxing services. It 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.47
Latest analyst target
3. DCF / Fair value
$-11.58
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.47
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-11-17 main HC Wainwright & Co. Buy → Buy $7
News
RSS: Latest XWEL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-27 WEINSTEIN ROBERT Director — 100,000 $0.00 $0
2026-02-27 BERNSTEIN BRUCE G Director — 100,000 $0.00 $0
2026-02-27 LEBOWITZ MICHAEL Director — 100,000 $0.00 $0
2026-02-27 ERNST EZRA Chief Executive Officer — 100,000 $0.00 $0
2026-02-27 WIZENBERG GAEELLE SANDRA Director — 100,000 $0.00 $0
2025-08-01 ERNST EZRA Chief Executive Officer — 70,000 $0.00 $0
2025-06-02 WEINSTEIN ROBERT Director — 107,407 $0.00 $0
2025-06-02 BERNSTEIN BRUCE G Director — 200,926 $0.00 $0
2025-06-02 LEBOWITZ MICHAEL Director — 98,148 $0.00 $0
2025-06-02 WIZENBERG GAEELLE SANDRA Director — 89,198 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
29.21
-13.83%
33.90
+12.58%
30.11
-46.18%
55.94
Operating Revenue
29.21
-13.83%
33.90
+12.58%
30.11
-46.17%
55.93
Cost Of Revenue
21.70
-13.11%
24.98
-5.49%
26.43
-39.79%
43.89
Reconciled Cost Of Revenue
20.79
-12.08%
23.64
-5.23%
24.95
-40.67%
42.05
Gross Profit
7.51
-15.84%
8.92
+142.30%
3.68
-69.45%
12.05
Operating Expense
16.86
-19.78%
21.02
-8.51%
22.98
-37.22%
36.60
Selling General And Administration
16.00
-20.33%
20.08
-3.96%
20.91
-32.91%
31.17
General And Administrative Expense
16.00
-20.33%
20.08
-3.96%
20.91
-32.91%
31.17
Salaries And Wages
—
7.54
-5.20%
7.95
-20.39%
9.99
Other Gand A
16.00
-20.33%
20.08
+54.99%
12.96
-38.82%
21.18
Total Expenses
38.57
-16.16%
46.00
-6.89%
49.40
-38.62%
80.49
Operating Income
-9.36
+22.68%
-12.10
+37.28%
-19.30
+21.41%
-24.55
Total Operating Income As Reported
-15.67
+6.21%
-16.71
+40.77%
-28.21
+9.49%
-31.16
EBITDA
-14.16
-1.26%
-13.99
+11.18%
-15.75
+8.84%
-17.28
Normalized EBITDA
-10.39
-9.63%
-9.48
-36.27%
-6.96
+25.85%
-9.38
Reconciled Depreciation
1.78
-21.78%
2.27
-35.90%
3.55
-51.24%
7.27
EBIT
-15.94
+1.96%
-16.26
+15.72%
-19.30
+21.41%
-24.55
Total Unusual Items
-3.77
+16.35%
-4.51
+48.71%
-8.79
-11.36%
-7.89
Total Unusual Items Excluding Goodwill
-3.77
+16.35%
-4.51
+48.71%
-8.79
-11.36%
-7.89
Special Income Charges
-6.31
-37.08%
-4.61
+48.31%
-8.91
-34.75%
-6.61
Impairment Of Capital Assets
6.27
+38.93%
4.52
-49.13%
8.88
+53.61%
5.78
Net Income
-16.99
-0.82%
-16.85
+39.25%
-27.74
+15.52%
-32.84
Pretax Income
-16.08
+2.21%
-16.44
+41.27%
-27.99
+14.06%
-32.57
Net Non Operating Interest Income Expense
0.53
+162.19%
0.20
+57.03%
0.13
+264.10%
-0.08
Interest Expense Non Operating
0.13
-25.14%
0.18
—
—
Net Interest Income
0.53
+162.19%
0.20
+57.03%
0.13
+264.10%
-0.08
Interest Expense
0.13
-25.14%
0.18
—
—
Interest Income Non Operating
0.66
+73.95%
0.38
-15.18%
0.45
+16.67%
0.38
Interest Income
0.66
+73.95%
0.38
-15.18%
0.45
+16.67%
0.38
Other Income Expense
-7.25
-59.61%
-4.54
+48.56%
-8.83
-11.09%
-7.95
Other Non Operating Income Expenses
-3.48
-10762.50%
-0.03
+8.57%
-0.04
+31.37%
-0.05
Gain On Sale Of Security
2.54
+2520.62%
0.10
-18.49%
0.12
+109.28%
-1.28
Tax Provision
0.03
-40.82%
0.05
+40.00%
0.04
-36.36%
0.06
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.79
+16.35%
-0.95
+48.71%
-1.85
-11.36%
-1.66
Net Income Including Noncontrolling Interests
-16.11
+2.33%
-16.49
+41.17%
-28.03
+14.10%
-32.63
Net Income From Continuing Operation Net Minority Interest
-16.99
-0.82%
-16.85
+39.25%
-27.74
+15.52%
-32.84
Net Income From Continuing And Discontinued Operation
-16.99
-0.82%
-16.85
+39.25%
-27.74
+15.52%
-32.84
Net Income Continuous Operations
-16.11
+2.33%
-16.49
+41.17%
-28.03
+14.10%
-32.63
Minority Interests
-0.89
-143.80%
-0.36
-226.04%
0.29
+238.46%
-0.21
Normalized Income
-14.01
-5.42%
-13.29
+36.09%
-20.80
+21.82%
-26.60
Net Income Common Stockholders
-28.23
-67.53%
-16.85
+39.25%
-27.74
+15.52%
-32.84
Otherunder Preferred Stock Dividend
10.73
0.00
—
—
Diluted EPS
—
-3.66
+44.88%
-6.64
+5.28%
-7.01
Basic EPS
—
-3.66
+44.88%
-6.64
+5.28%
-7.01
Basic Average Shares
—
4.61
+10.44%
4.18
-10.84%
4.68
Diluted Average Shares
—
4.61
+10.44%
4.18
-10.84%
4.68
Diluted NI Availto Com Stockholders
-28.23
-67.53%
-16.85
+39.25%
-27.74
+15.52%
-32.84
Depreciation Amortization Depletion Income Statement
0.86
-8.10%
0.94
-54.58%
2.06
-61.96%
5.43
Depreciation And Amortization In Income Statement
0.86
-8.10%
0.94
-54.58%
2.06
-61.96%
5.43
Gain On Sale Of PPE
-0.04
+55.56%
-0.09
-164.71%
-0.03
+95.92%
-0.83
Preferred Stock Dividends
0.51
—
—
—
Rent Expense Supplemental
3.62
-2.34%
3.71
-17.01%
4.47
+8.10%
4.14
Total Other Finance Cost
—
0.18
-44.06%
0.32
-30.74%
0.46
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
11.22
-55.75%
25.35
-34.98%
38.99
-44.63%
70.43
Current Assets
5.91
-61.47%
15.34
-42.27%
26.57
-43.87%
47.33
Cash Cash Equivalents And Short Term Investments
2.62
-77.76%
11.80
-48.82%
23.05
-45.37%
42.19
Cash And Cash Equivalents
2.62
-42.48%
4.55
-46.07%
8.44
-55.68%
19.04
Cash Equivalents
0.07
-73.06%
0.24
-22.47%
0.32
+139.39%
0.13
Cash Financial
2.55
-40.74%
4.30
-46.99%
8.12
-57.05%
18.91
Other Short Term Investments
0.01
-99.90%
7.25
-50.41%
14.61
-36.89%
23.15
Receivables
1.56
-12.99%
1.79
+7.56%
1.67
-41.67%
2.86
Accounts Receivable
1.56
-12.99%
1.79
+7.56%
1.67
-41.67%
2.86
Inventory
0.51
+1.60%
0.50
-44.33%
0.90
-22.48%
1.16
Prepaid Assets
1.22
+2.27%
1.19
+33.11%
0.89
-16.76%
1.07
Other Current Assets
—
0.06
+1.82%
0.06
+14.58%
0.05
Total Non Current Assets
5.31
-47.01%
10.02
-19.41%
12.43
-46.19%
23.09
Net PPE
2.70
-48.18%
5.22
-26.61%
7.11
-40.46%
11.94
Gross PPE
8.63
-4.72%
9.06
-24.56%
12.01
-36.62%
18.94
Accumulated Depreciation
-5.92
-54.38%
-3.84
+21.59%
-4.89
+30.07%
-7.00
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
0.47
+30.36%
0.36
-56.27%
0.82
-32.37%
1.21
Other Properties
2.07
-49.96%
4.13
-22.58%
5.34
-40.95%
9.04
Leases
6.09
+33.46%
4.57
-21.92%
5.85
-32.72%
8.69
Goodwill And Other Intangible Assets
0.10
-95.81%
2.41
-11.45%
2.72
-66.09%
8.03
Goodwill
0.00
-100.00%
1.39
+1.31%
1.37
-65.93%
4.02
Other Intangible Assets
0.10
-90.13%
1.02
-24.39%
1.35
-66.24%
4.01
Investments And Advances
—
0.09
+70.00%
0.05
-51.92%
0.10
Long Term Equity Investment
—
0.09
+70.00%
0.05
-51.92%
0.10
Non Current Prepaid Assets
2.13
+38.57%
1.53
-1.35%
1.56
-21.14%
1.97
Other Non Current Assets
0.38
-55.88%
0.85
-13.88%
0.99
-5.37%
1.04
Total Liabilities Net Minority Interest
23.80
+35.13%
17.61
-2.29%
18.02
-19.82%
22.48
Current Liabilities
12.89
+39.77%
9.22
-1.14%
9.33
-14.84%
10.96
Payables And Accrued Expenses
5.41
+63.12%
3.32
-16.28%
3.96
-33.87%
5.99
Payables
3.90
+78.70%
2.18
+36.44%
1.60
-44.54%
2.88
Accounts Payable
2.84
+75.93%
1.61
+46.68%
1.10
-52.47%
2.31
Other Payable
0.54
—
—
—
Current Accrued Expenses
1.51
+33.10%
1.13
-52.01%
2.36
-23.96%
3.10
Pensionand Other Post Retirement Benefit Plans Current
0.91
-62.04%
2.38
+13.63%
2.10
+4.48%
2.01
Total Tax Payable
0.53
-7.71%
0.57
+13.97%
0.50
-12.57%
0.57
Current Debt And Capital Lease Obligation
5.45
+128.98%
2.38
-0.87%
2.40
-7.12%
2.59
Current Debt
3.59
—
—
—
Other Current Borrowings
3.59
—
—
—
Current Capital Lease Obligation
1.86
-21.80%
2.38
-0.87%
2.40
-7.12%
2.59
Current Deferred Liabilities
1.13
-1.49%
1.14
+32.75%
0.86
+153.98%
0.34
Current Deferred Revenue
1.13
-1.49%
1.14
+32.75%
0.86
+153.98%
0.34
Other Current Liabilities
—
0.02
+125.00%
0.01
-75.76%
0.03
Total Non Current Liabilities Net Minority Interest
10.90
+30.04%
8.39
-3.52%
8.69
-24.56%
11.52
Long Term Debt And Capital Lease Obligation
7.04
-16.11%
8.39
-3.52%
8.69
-24.56%
11.52
Long Term Capital Lease Obligation
7.04
-16.11%
8.39
-3.52%
8.69
-24.56%
11.52
Stockholders Equity
-22.04
-2696.70%
-0.79
-106.06%
13.00
-67.43%
39.93
Common Stock Equity
-22.26
-2725.13%
-0.79
-106.06%
13.00
-67.43%
39.93
Capital Stock
0.28
+437.74%
0.05
+26.19%
0.04
+0.00%
0.04
Common Stock
0.06
+15.09%
0.05
+26.19%
0.04
+0.00%
0.04
Preferred Stock
0.22
0.00
—
—
Share Issued
6.07
+15.40%
5.26
+25.87%
4.18
+0.43%
4.16
Ordinary Shares Number
6.07
+15.40%
5.26
+25.87%
4.18
+0.43%
4.16
Additional Paid In Capital
468.92
-1.04%
473.82
+0.66%
470.74
+0.47%
468.53
Retained Earnings
-489.70
-3.59%
-472.71
-3.70%
-455.85
-6.48%
-428.11
Gains Losses Not Affecting Retained Earnings
-1.54
+21.34%
-1.96
-1.82%
-1.92
-260.30%
-0.53
Minority Interest
9.46
+10.88%
8.53
+7.04%
7.97
-0.67%
8.02
Other Equity Adjustments
-1.54
+21.34%
-1.96
-1.82%
-1.92
-260.30%
-0.53
Total Equity Gross Minority Interest
-12.58
-262.49%
7.74
-63.08%
20.97
-56.26%
47.95
Total Capitalization
-22.04
-2696.70%
-0.79
-106.06%
13.00
-67.43%
39.93
Working Capital
-6.98
-214.22%
6.11
-64.53%
17.24
-52.62%
36.38
Invested Capital
-18.67
-2269.54%
-0.79
-106.06%
13.00
-67.43%
39.93
Total Debt
12.49
+15.97%
10.77
-2.95%
11.09
-21.36%
14.11
Net Debt
0.97
—
—
—
Capital Lease Obligations
8.90
-17.37%
10.77
-2.95%
11.09
-21.36%
14.11
Net Tangible Assets
-22.14
-591.84%
-3.20
-131.13%
10.28
-67.77%
31.89
Tangible Book Value
-22.36
-598.84%
-3.20
-131.13%
10.28
-67.77%
31.89
Derivative Product Liabilities
3.87
0.00
—
—
Preferred Stock Equity
0.22
—
—
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-8.71
+20.83%
-11.01
+31.54%
-16.07
+33.55%
-24.19
Cash Flow From Continuing Operating Activities
-8.71
+20.83%
-11.01
+31.54%
-16.07
+33.55%
-24.19
Net Income From Continuing Operations
-16.11
+2.33%
-16.49
+41.17%
-28.03
+14.10%
-32.63
Depreciation Amortization Depletion
1.78
-21.78%
2.27
-35.90%
3.55
-51.24%
7.27
Depreciation
1.78
-21.78%
2.27
-35.90%
3.55
-51.24%
7.27
Depreciation And Amortization
1.78
-21.78%
2.27
-35.90%
3.55
-51.24%
7.27
Other Non Cash Items
3.03
+563.05%
-0.66
+19.93%
-0.82
-894.17%
0.10
Stock Based Compensation
1.08
+21.16%
0.89
-61.49%
2.32
-38.49%
3.77
Provisionand Write Offof Assets
0.00
-100.00%
0.05
0.00
—
Asset Impairment Charge
6.27
+38.93%
4.52
-49.13%
8.88
+53.61%
5.78
Operating Gains Losses
-2.48
-889.49%
0.31
-61.99%
0.83
-43.11%
1.45
Gain Loss On Investment Securities
-3.13
—
—
—
Unrealized Gain Loss On Investment Securities
-0.03
+89.72%
-0.32
+63.40%
-0.88
0.00
Net Foreign Currency Exchange Gain Loss
0.65
+152.51%
0.26
-64.91%
0.74
0.00
Change In Working Capital
-2.26
-42.71%
-1.58
+17.36%
-1.92
+80.70%
-9.94
Change In Receivables
0.25
+227.98%
-0.19
-116.20%
1.19
+164.90%
-1.83
Changes In Account Receivables
0.25
+227.98%
-0.19
-116.20%
1.19
+164.90%
-1.83
Change In Inventory
-0.01
-102.01%
0.40
+52.87%
0.26
-55.91%
0.59
Change In Payables And Accrued Expense
1.21
+211.63%
0.39
+179.30%
-0.49
+84.97%
-3.25
Change In Payable
1.21
+211.63%
0.39
+179.30%
-0.49
+84.97%
-3.25
Change In Account Payable
1.21
+211.63%
0.39
+179.30%
-0.49
+84.97%
-3.25
Change In Other Working Capital
-0.02
-106.05%
0.28
+197.23%
-0.29
+69.02%
-0.93
Change In Other Current Assets
-0.60
-478.64%
-0.10
-120.12%
0.51
+212.04%
-0.46
Change In Other Current Liabilities
-3.09
-31.32%
-2.36
+24.12%
-3.10
+23.45%
-4.06
Investing Cash Flow
4.33
-26.51%
5.89
+4.34%
5.65
+116.22%
-34.84
Cash Flow From Continuing Investing Activities
4.33
-26.51%
5.89
+4.34%
5.65
+116.22%
-34.84
Net PPE Purchase And Sale
-2.96
-66.24%
-1.78
+6.40%
-1.91
+70.53%
-6.46
Purchase Of PPE
-2.96
-66.24%
-1.78
+6.40%
-1.91
+70.53%
-6.46
Capital Expenditure
-2.96
-65.40%
-1.79
+24.48%
-2.37
+65.29%
-6.84
Net Investment Purchase And Sale
7.30
-5.09%
7.69
-18.37%
9.42
+140.67%
-23.15
Purchase Of Investment
-0.10
+68.23%
-0.30
0.00
+100.00%
-23.15
Sale Of Investment
7.39
-7.45%
7.99
-15.20%
9.42
0.00
Net Business Purchase And Sale
—
0.00
+100.00%
-1.39
+71.28%
-4.85
Purchase Of Business
—
0.00
+100.00%
-1.39
+71.28%
-4.85
Net Intangibles Purchase And Sale
0.00
+100.00%
-0.01
+98.08%
-0.47
-25.47%
-0.37
Purchase Of Intangibles
0.00
+100.00%
-0.01
+98.08%
-0.47
-25.47%
-0.37
Financing Cash Flow
1.94
+42.90%
1.36
+16887.50%
0.01
+100.03%
-27.38
Cash Flow From Continuing Financing Activities
1.94
+42.90%
1.36
+16887.50%
0.01
+100.03%
-27.38
Net Issuance Payments Of Debt
—
—
0.00
+100.00%
-3.58
Issuance Of Debt
—
—
—
—
Repayment Of Debt
—
—
0.00
+100.00%
-3.58
Long Term Debt Issuance
—
—
—
—
Long Term Debt Payments
—
—
0.00
+100.00%
-3.58
Net Long Term Debt Issuance
—
—
0.00
+100.00%
-3.58
Net Common Stock Issuance
3.75
+176.38%
1.35
+6259.09%
-0.02
+99.91%
-23.86
Common Stock Payments
—
0.00
+100.00%
-0.02
+99.91%
-23.86
Repurchase Of Capital Stock
-1.79
0.00
+100.00%
-0.02
+99.91%
-23.86
Proceeds From Stock Option Exercised
0.00
-100.00%
0.00
0.00
0.00
Net Other Financing Charges
-0.01
—
0.03
-56.52%
0.07
Changes In Cash
-2.44
+34.98%
-3.75
+63.99%
-10.42
+87.95%
-86.41
Effect Of Exchange Rate Changes
0.01
+104.41%
-0.14
+26.49%
-0.18
-208.33%
-0.06
Beginning Cash Position
5.30
-42.31%
9.19
-53.57%
19.79
-81.38%
106.26
End Cash Position
2.87
-45.90%
5.30
-42.31%
9.19
-53.57%
19.79
Free Cash Flow
-11.68
+8.75%
-12.80
+30.63%
-18.45
+40.54%
-31.02
Interest Paid Supplemental Data
—
—
0.00
-100.00%
0.01
Income Tax Paid Supplemental Data
0.06
-1.69%
0.06
+68.57%
0.04
-36.36%
0.06
Common Stock Issuance
3.75
+176.38%
1.35
0.00
0.00
Earnings Losses From Equity Investments
-0.03
+22.86%
-0.04
-164.81%
0.05
-91.26%
0.62
Issuance Of Capital Stock
3.75
+176.38%
1.35
0.00
0.00
Net Preferred Stock Issuance
-1.79
0.00
—
—
Preferred Stock Payments
-1.79
0.00
—
—
Sale Of Business
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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