InsiderClue
Stocks · Consumer discretionary · Services-Personal Services

XWELL, Inc.

XWEL Clue Score27
United States Fiscal year ends December CIK 0001410428
$0.82 -10.60% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $0.82 −41.32% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 5 Jan 2018. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue12.0Operating income−17.7Net income−24.0EPS, diluted−1.58Fiscal year 2017Revenue48.8 +307.3%Operating income−14.7Net income−28.8Fiscal year 2018Revenue50.1 +2.6%Operating income−34.7Net income−37.2Fiscal year 2019Revenue48.5 −3.2%Operating income−15.9Net income−21.2Fiscal year 2020Revenue8.4 −82.7%Operating income−40.1Net income−90.5EPS, diluted−2.05Fiscal year 2021Revenue73.7 +779.3%Operating income4.1Net income3.3EPS, diluted0.03Fiscal year 2022Revenue55.9 −24.1%Operating income−31.2Net income−32.8 −1,080.5%EPS, diluted−7.01Fiscal year 2023Revenue30.1 −46.2%Operating income−28.2Net income−27.7EPS, diluted−6.64Fiscal year 2024Revenue33.9 +12.6%Operating income−16.7Net income−16.9EPS, diluted−3.66Fiscal year 2025Revenue29.2 −13.8%Operating income−15.7Net income−17.0EPS, diluted−5.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 12.0 48.8 50.1 48.5 8.4 73.7 55.9 30.1 33.9 29.2
Growth +307.3% +2.6% −3.2% −82.7% +779.3% −24.1% −46.2% +12.6% −13.8%
Operating income −17.7 −14.7 −34.7 −15.9 −40.1 4.1 −31.2 −28.2 −16.7 −15.7
Net income −24.0 −28.8 −37.2 −21.2 −90.5 3.3 −32.8 −27.7 −16.9 −17.0
Growth −1,080.5%
EPS, diluted −1.58 n/a n/a n/a −2.05 0.03 −7.01 −6.64 −3.66 −5.08

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin−147.7%Net margin−200.3%Free cash flow margin−71.0%Fiscal year 2017Operating margin−30.1%Net margin−59.1%Free cash flow margin−34.1%Fiscal year 2018Operating margin−69.3%Net margin−74.3%Free cash flow margin−19.2%Fiscal year 2019Operating margin−32.7%Net margin−43.7%Free cash flow margin−4.9%Fiscal year 2020Operating margin−478.3%Net margin−1,079.2%Free cash flow margin−345.6%Fiscal year 2021Gross margin43.9%Operating margin5.6%Net margin4.5%Free cash flow margin13.9%Fiscal year 2022Gross margin21.5%Operating margin−55.7%Net margin−58.7%Free cash flow margin−54.8%Fiscal year 2023Gross margin12.2%Operating margin−93.7%Net margin−92.1%Free cash flow margin−59.7%Fiscal year 2024Gross margin26.3%Operating margin−49.3%Net margin−49.7%Free cash flow margin−37.7%Fiscal year 2025Gross margin25.7%Operating margin−53.6%Net margin−58.2%Free cash flow margin−40.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a n/a n/a n/a 43.9% 21.5% 12.2% 26.3% 25.7%
Operating margin −147.7% −30.1% −69.3% −32.7% −478.3% 5.6% −55.7% −93.7% −49.3% −53.6%
Net margin −200.3% −59.1% −74.3% −43.7% −1,079.2% 4.5% −58.7% −92.1% −49.7% −58.2%
Free cash flow margin −71.0% −34.1% −19.2% −4.9% −345.6% 13.9% −54.8% −59.7% −37.7% −40.0%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−8.4Capital expenditure−0.1Free cash flow−8.5Fiscal year 2017Operating cash flow−12.2Capital expenditure−4.5Free cash flow−16.7Fiscal year 2018Operating cash flow−6.6Capital expenditure−3.0Free cash flow−9.6Fiscal year 2019Operating cash flow−0.1Capital expenditure−2.3Free cash flow−2.4Fiscal year 2020Operating cash flow−25.0Capital expenditure−4.0Free cash flow−29.0Fiscal year 2021Operating cash flow14.6Capital expenditure−4.3Free cash flow10.3Buybacks−7.8Fiscal year 2022Operating cash flow−24.2Capital expenditure−6.5Free cash flow−30.7 −398.2%Buybacks−23.8Fiscal year 2023Operating cash flow−16.1Capital expenditure−1.9Free cash flow−18.0Fiscal year 2024Operating cash flow−11.0Capital expenditure−1.8Free cash flow−12.8Fiscal year 2025Operating cash flow−8.7Capital expenditure−3.0Free cash flow−11.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −8.4 −12.2 −6.6 −0.1 −25.0 14.6 −24.2 −16.1 −11.0 −8.7
Capital expenditure −0.1 −4.5 −3.0 −2.3 −4.0 −4.3 −6.5 −1.9 −1.8 −3.0
Free cash flow −8.5 −16.7 −9.6 −2.4 −29.0 10.3 −30.7 −18.0 −12.8 −11.7
Growth −398.2%
Buybacks n/a n/a n/a n/a n/a −7.8 −23.8 n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash17.9Total debt6.5Net cash (debt)11.4Shareholders’ equity59.5Debt to equity0.11Fiscal year 2017Cash6.4Total debt6.5Net cash (debt)−0.1Shareholders’ equity40.9Debt to equity0.16Fiscal year 2018Cash3.4Total debt0.0Net cash (debt)3.4Shareholders’ equity9.1Debt to equity0.00Fiscal year 2019Cash2.2Total debt5.8Net cash (debt)−3.6Shareholders’ equity−6.2Fiscal year 2020Cash89.8Total debt5.7Net cash (debt)84.1Shareholders’ equity77.8Debt to equity0.07Fiscal year 2021Cash105.5Total debt3.6Net cash (debt)101.9Shareholders’ equity92.7Debt to equity0.04Fiscal year 2022Cash19.0Shareholders’ equity39.9Fiscal year 2023Cash8.4Shareholders’ equity13.0Fiscal year 2024Cash4.6Shareholders’ equity−0.8Fiscal year 2025Cash2.6Shareholders’ equity−22.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 17.9 6.4 3.4 2.2 89.8 105.5 19.0 8.4 4.6 2.6
Total debt 6.5 6.5 0.0 5.8 5.7 3.6 n/a n/a n/a n/a
Net cash (debt) 11.4 −0.1 3.4 −3.6 84.1 101.9 n/a n/a n/a n/a
Shareholders’ equity 59.5 40.9 9.1 −6.2 77.8 92.7 39.9 13.0 −0.8 −22.3
Debt to equity 0.11 0.16 0.00 n/a 0.07 0.04 n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a n/a n/a n/a n/a 43.9% 21.5% 12.2% 26.3% 25.7%
−147.7% −30.1% −69.3% −32.7% −478.3% 5.6% −55.7% −93.7% −49.3% −53.6%
−160.8% −32.8% −71.7% −42.6% −1,099.9% 4.0% −58.2% −93.0% −48.5% −55.0%
−200.3% −59.1% −74.3% −43.7% −1,079.2% 4.5% −58.7% −92.1% −49.7% −58.2%
−71.0% −34.1% −19.2% −4.9% −345.6% 13.9% −54.8% −59.7% −37.7% −40.0%
Spending
80.9% 34.0% 32.4% 29.5% 190.1% 32.8% 37.9% 43.0% 59.2% 54.8%
0.6% 9.2% 6.1% 4.7% 47.3% 5.8% 11.6% 6.3% 5.3% 10.1%
n/a n/a n/a n/a n/a 1.9% n/a n/a n/a n/a
Returns
−40.3% −70.5% −408.6% n/a −116.3% 3.6% −82.2% −213.4% n/a n/a
−29.0% −44.2% −121.6% −73.9% −87.7% 2.6% −46.6% −71.1% −66.5% −151.5%
Balance and payout
0.11 0.16 0.00 n/a 0.07 0.04 n/a n/a n/a n/a
22.5% 29.7% 57.1% 108.8% 22.1% 21.5% 31.9% 46.2% 69.5% 212.2%
n/a n/a n/a n/a n/a 76.1% n/a n/a n/a n/a