XWELL, Inc. (XWEL)
NASDAQ: XWEL · Real-Time Price · USD
1.020
+0.024 (2.43%)
Aug 27, 2026, 11:51 AM EDT - Market open
XWELL Earnings Call Transcripts
Fiscal Year 2025
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Second quarter revenue grew sequentially to $7.7M, with cost controls improving margins, though year-over-year revenue declined due to prior CDC surge billing. Strategic partnerships, new wellness centers, and digital enhancements drove brand expansion, while a strong balance sheet and no long-term debt support ongoing growth.
Fiscal Year 2024
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Revenue grew to $8.4M in Q3 2024, with operating loss narrowing to $4.8M. Cost reductions and tech-forward spa expansions drove improved results, while liquidity remained strong with no long-term debt.