0.56
-4.79%
Close of 9 Nov 2026, in USD
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About XWELL
From its filings with the US Securities and Exchange Commission
XWELL is based in New York, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker XWEL. The SEC classifies its business as personal services. In the fiscal year to 31 December 2025, it reported revenue of $29.2m and a net loss of $17.0m. At that date it held total assets of $11.2m and shareholders' equity of −$22.3m.
On October 25, 2022, the Company changed its name to XWELL, Inc. (“XWELL” or the “Company”) from XpresSpa Group, Inc. The Company’s common stock, par value $0.01 per share, which had previously been listed under the trading symbol “XSPA” on Nasdaq, now trades under the trading symbol “XWEL”. The Company filed an amended and restated certificate of incorporation with the Delaware Secretary of State on October 24, 2022 (as amended, the “Amended and Restated Certificate”) reflecting the name change. Rebranding to XWELL aligned the Company’s corporate strategy to build a pure-play wellness services company, in both the airport and off-airport marketplaces.
All amounts are in thousands, except share, per share, or as otherwise specifically noted.
XWELL’s subsidiary, XpresSpa Holdings, LLC (“XpresSpa”) has been a global airport retailer of spa services through its XpresSpa spa locations, offering travelers premium spa services, including massage, nail and skin care, as well as spa and travel products.
As of December 31, 2025, there were 16 domestic XpresSpa locations in total. The Company also had 9 international locations operating as of December 31, 2025, including 2 XpresSpa locations in the Dubai International Airport in the United Arab Emirates, 1 XpresSpa location in the Zayad International Airport in Abu Dhabi, United Arab Emirates, 2 XpresSpa locations in the Schiphol Amsterdam Airport in the Netherlands and 4 XpresSpa locations in the Istanbul Airport in Turkey.
Quoted from its 10-K, filed 1 Apr 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Diversified Consumer Services
- Listed since
- 18 Jun 2010
- Employees
- 175
- Website
- xpresspagroup.com ↗
- Head office
- 254 WEST 31ST STREET, NEW YORK, NY, 10001
- Incorporated in
- DE
- Classification
- Services-Personal Services
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Bruce BernsteinIndependent Chairman of the Board$281,496
- Mr. Ezra ErnstChief Executive Officer, Director, since 2022$535,400
- Mr. Thomas BrownChief Financial Officer
- Mr. Michael LebowitzIndependent Director$78,249
- Mr. Robert WeinsteinIndependent Director$106,546
- Ms. Gaeelle WizenbergIndependent Director$68,249
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- XpresSpa Group has 57 airport spa locations across 23 global airports.
- Fli Charge specializes in wire-free conductive power and charging solutions.
- Intellectual Property division holds 600 patents covering telecom and mobile technologies.
Weaknesses
- XpresSpa Group employs 673 full-time employees, which is higher than XWELL Inc.'s 175.
- The company's airport spa locations are limited to 23 airports globally.
- Infomedia provides CRM technologies to mobile carriers but lacks specific market share data.
Opportunities
- XpresSpa Group can expand its airport spa locations beyond 23 airports globally.
- Fli Charge's wire-free charging solutions can target new markets in mobile technology.
- Intellectual Property division can license patents to emerging tech companies.
Threats
- XpresSpa Group faces competition from other spa service providers in airport locations.
- Infomedia's CRM technologies face rapid technological changes in mobile carrier markets.
- The company's reliance on airport locations may be affected by travel industry downturns.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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