XWELL, Inc. (XWEL)

XWELL Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	30.11	55.94	73.73	8.39	48.52
Revenue Growth (YoY)	-46.18%	-24.13%	779.30%	-82.72%	-3.15%
Cost of Revenue	26.43	43.89	41.39	11.98	37.85
Gross Profit	3.68	12.05	32.34	-3.6	10.66
Selling, General & Admin	20.91	31.17	24.2	15.94	14.32
Other Operating Expenses	10.98	12.04	4.04	20.57	12.21
Operating Expenses	31.89	43.21	28.24	36.51	26.53
Operating Income	-28.21	-31.16	4.11	-40.1	-15.87
Interest Expense / Income	0	0	0	1.83	2.9
Other Expense / Income	-0.5	1.62	0.7	48.55	2.6
Pretax Income	-27.71	-32.78	3.41	-90.48	-21.37
Income Tax	0.04	0.06	0.06	0.01	-0.15
Net Income	-27.74	-32.84	3.35	-90.49	-21.22
Shares Outstanding (Basic)	4	5	5	2	0
Shares Outstanding (Diluted)	4	5	5	2	0
Shares Change	-10.84%	-10.87%	135.77%	2626.78%	237.32%
EPS (Basic)	-6.64	-7.01	0.60	-41.00	-259.80
EPS (Diluted)	-6.64	-7.01	0.60	-41.00	-259.80
Free Cash Flow	-17.98	-30.65	6.97	-29.36	-2.39
Free Cash Flow Per Share	-4.31	-6.55	1.34	-13.18	-29.22
Gross Margin	12.23%	21.54%	43.87%	-42.91%	21.97%
Operating Margin	-93.68%	-55.71%	5.57%	-478.28%	-32.72%
Profit Margin	-92.14%	-58.70%	4.54%	-1079.17%	-43.75%
Free Cash Flow Margin	-59.71%	-54.80%	9.45%	-350.16%	-4.92%
Effective Tax Rate	-	-	1.64%	-	-
EBITDA	-24.16	-25.51	8.33	-81.42	-11.03
EBITDA Margin	-80.24%	-45.60%	11.29%	-971.07%	-22.74%
Depreciation & Amortization	3.55	7.27	4.92	7.23	7.44
EBIT	-27.71	-32.78	3.41	-88.65	-18.47
EBIT Margin	-92.02%	-58.60%	4.62%	-1057.23%	-38.07%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).