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XWELL Expands Florida Presence with Grand Opening of Waterford Lakes Wellness Center on September 5
Globenewswire· 2025-08-28 12:00
Core Points - XWELL is celebrating the grand opening of its new wellness center in Orlando, Florida, on September 5, 2025, featuring live demonstrations and participation from the Orlando Magic [1][2][3] - The new location at Waterford Lakes Town Center will offer a variety of wellness services, including facials, massages, and waxing, with plans to introduce injectables, IV therapy, and compression services in the future [4][5] - This opening follows the successful launch of XWELL's Clearwater location, marking the company's continued expansion in Florida and its commitment to providing accessible wellness solutions [5][6] Company Overview - XWELL, Inc. operates a portfolio of wellness brands focused on health, beauty, and self-care, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience through innovation and accessibility [6]
Global Technologies, LTD Announces Formation of GTLL Advisory Group, LLC to Expand Advisory Services in Health and Wellness Sector
Globenewswire· 2025-08-22 19:06
Core Insights - Global Technologies, LTD has made significant adjustments to its operating structure and portfolio, focusing on innovation in health and wellness [1] - The company has formed a wholly owned subsidiary, GTLL Advisory Group, LLC, aimed at providing advisory and consulting services to small and medium-sized businesses, particularly in the health and wellness sector [2] - The new subsidiary will operate under the brand name "Glowell Advisors" once the trade name registration is approved [3] Company Developments - GTLL Advisory Group will be managed on an interim basis by H. Wyatt Flippen, the CEO of Global Technologies, until a dedicated manager is appointed [4] - The company has several contracts in the pipeline for future client engagements, indicating a proactive approach to business development [4] Strategic Vision - The CEO of Global Technologies, LTD expressed that the establishment of GTLL Advisory Group and the Glowell Advisors brand will enhance the company's presence in the wellness services sector [5] - The company aims to leverage its expertise in advisory services to create new growth opportunities and deliver long-term value to shareholders [5]
XWELL Reports Second Quarter 2025 Results
Globenewswire· 2025-08-14 20:30
Core Insights - XWELL, Inc. reported a revenue of approximately $7.7 million for the second quarter of 2025, reflecting a sequential increase from $7.0 million in the first quarter but a decrease from $9.3 million in the same quarter of 2024 [7][16] - The company is focused on expanding its operational footprint and enhancing customer engagement through a multi-pronged growth strategy [4][5] - XWELL has made significant strides in diversifying its wellness offerings beyond airport terminals, including partnerships and new locations [8][9] Financial Performance - Revenue breakdown for Q2 2025: approximately $4.9 million from XpresSpa, $2.2 million from XpresCheck, and $647,000 from Naples Wax Center [16] - Cost of sales decreased by approximately 5% year-over-year to about $5.9 million, while general and administrative expenses fell by approximately 9% to around $4.3 million [7][16] - Operating loss for Q2 2025 was approximately $2.7 million, compared to $1.9 million in the same period last year [16] Strategic Developments - XWELL was named the Official Wellness Spa of the Orlando Magic, marking a strategic entry into local markets [8] - The company expanded its partnership with Priority Pass, enhancing wellness service access for members [8] - New non-airport wellness center opened in Clearwater, Florida, with plans for a location in New York City's Penn Station [8][9] Operational Highlights - The company continues to operate in biosurveillance and digital healthcare through XpresCheck and HyperPointe, with a three-year extension of its Traveler-based Genomic Surveillance Program with the CDC [9][10] - XWELL's redesigned website integrates all wellness and beauty brands into a user-friendly digital experience [8]
XWELL, Inc. to Report Second Quarter 2025 Results on Thursday, August 14, 2025
Globenewswire· 2025-08-13 20:30
Core Points - XWELL, Inc. will report its second quarter 2025 financial results on August 14, 2025, after market close, followed by a webcast and conference call at 5:00 PM ET [1] - Investors are encouraged to listen via webcast due to limited capacity for the conference call, which can be accessed through the Investor Relations section of the company's website [2] - XWELL, Inc. is a global wellness company with a mission to provide science-proven wellness solutions through brands like XpresSpa®, Naples Wax Center®, XpresCheck®, and HyperPointe™ [3]
XWELL, Inc. Regains Nasdaq Compliance
Globenewswire· 2025-08-11 12:00
Group 1 - XWELL, Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing its common stock to continue being listed on The Nasdaq Capital Market [1][2] - The company is expanding its wellness offerings through strategic initiatives, including a redesigned website and the opening of its first standalone wellness center in Florida [2][3] - XWELL has been recognized as one of Yelp's Most Loved Airport Brands and has become the official wellness spa partner of the Orlando Magic, enhancing its brand visibility [2][3] Group 2 - The CEO of XWELL, Ezra Ernst, emphasized the company's focus on delivering convenient, high-quality self-care experiences beyond airports [3] - XWELL operates a portfolio of wellness brands, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience through innovation and accessibility [3]
XWELL to Celebrate Grand Opening of First Florida Wellness Center in Clearwater on July 25
GlobeNewswire News Room· 2025-07-16 12:00
Core Insights - XWELL is opening its first brick-and-mortar location outside of an airport in Clearwater, Florida, on July 25, 2025, focusing on wellness solutions for both locals and visitors [1] - The Clearwater center will offer a range of skincare treatments and services in a calming environment, enhancing the customer experience [3][4] Group 1: New Location and Services - The Clearwater location is modeled after XWELL's successful Naples Wax Centers, providing services such as waxing, facials, and soon to include massages, injectables, IV therapy, and compression services [3] - The center will utilize medical-grade skincare products and experienced health professionals to deliver its services [3] Group 2: Launch Event and Promotions - A celebratory launch event will take place on July 25, featuring live facial demonstrations, complimentary skin analysis, and product sampling [2] - Attendees will receive gift bags with skincare samples and a $25 discount card for future services [2] Group 3: Membership and Community Engagement - XWELL will introduce a flexible membership model at the Clearwater location, valid at both the new site and in-airports nationwide, promoting accessibility to wellness treatments [4] - A Plaza Discount of 15% off products and services will be offered to local employees, supporting community engagement [4] Group 4: Company Overview - XWELL, Inc. operates a portfolio of wellness brands, including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™, aiming to redefine the modern wellness experience through innovation and accessibility [6]
Xpres Spa Named One of Yelp's Most Loved Airport Brands
GlobeNewswire News Room· 2025-06-27 12:05
Core Insights - XWELL's Xpres Spa has been recognized as one of Yelp's "Most Loved Airport Brands," ranking 10 out of 25 based on millions of reviews from U.S. travelers [1] - The CEO of XWELL highlighted the growing demand for comfort and quality at airports, indicating that travelers are increasingly utilizing wellness services [2] Expansion Plans - XWELL will open its first out-of-airport locations in Clearwater, Florida, and New York's Penn Station this summer, aiming to enhance accessibility to premium self-care [2][3] - The Clearwater location will feature a wellness center offering core treatments such as massage, skincare, and recovery, while the Penn Station site will focus on grab-and-go wellness essentials for commuters [3] Strategic Partnerships - XWELL is expanding its reach through strategic partnerships, including a multi-year collaboration with the Orlando Magic, designating XWELL as the "Official Wellness Spa" of the NBA team [4] Future Outlook - The company plans to continue its growth momentum with additional location announcements and partnerships, focusing on equitable and scalable wellness access across various regions [5]
XWELL Named Official Wellness Spa of the Orlando Magic
GlobeNewswire News Room· 2025-06-17 12:00
Core Insights - XWELL, Inc. has partnered with the Orlando Magic as the Official Wellness Spa, marking a strategic expansion into local markets, starting with Florida [1][2] - The partnership aims to enhance brand visibility and community engagement, promoting wellness beyond travel hubs [2][4] Group 1: Partnership Details - The collaboration includes brand integration across various platforms such as LED signage, radio promotions, and exclusive events [3] - XWELL will host co-branded wellness events featuring Magic alumni and entertainment teams, enhancing community interaction [3][5] - The partnership is expected to strengthen XWELL's customer acquisition efforts in Florida, focusing on expanding its medspa presence [4] Group 2: Strategic Goals - Florida is identified as a priority growth market for XWELL, with plans to increase brand awareness and establish connections with local consumers [2][4] - The partnership reflects a shared commitment to health and well-being for fans, players, and staff, aligning with both organizations' values [5] Group 3: Company Background - XWELL operates a portfolio of wellness brands, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience [7] - The Orlando Magic, established in 1989, emphasizes community engagement and has contributed over $2 million annually to local initiatives [8][9]
Xpres Spa Elevates the Travel Experience with New Wellness Benefits for Priority Pass Members
Globenewswire· 2025-05-22 15:30
Core Viewpoint - XWELL, Inc. has expanded its partnership with Priority Pass to offer a wider range of wellness services at U.S. airports, enhancing the travel experience for members seeking relaxation and rejuvenation [1][2]. Company Overview - XWELL, Inc. operates multiple wellness brands including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™, focusing on providing wellness solutions for travelers [4][9]. - Priority Pass is a leading airport experiences program, granting access to over 1,600 airport lounges and travel experiences across 650 airports in 148 countries, enhancing the travel experience through partnerships with various brands [5][6]. Service Offerings - The expanded offerings for Priority Pass members include various wellness services at Xpres Spa locations, designed to reduce stress and support well-being during travel [2][3]. - Specific services available include Zero-Gravity Massage Chairs, HydroMassage, Relaxation Loungers, CERAGEM Therapeutic Massager, and Chakra Bed, each aimed at providing relaxation and physical recharge [8].
XWELL Reports First Quarter 2025 Results, Advancing Mission to Liberate Science-Proven Wellness
Globenewswire· 2025-05-20 20:15
Core Insights - XWELL, Inc. reported first quarter 2025 revenue of approximately $7.0 million, a decrease from $8.7 million in the same period of 2024, primarily due to lower revenues from XpresTest and XpresSpa, offset by new revenue from Priority Pass [9][14] - The company is focused on expanding its wellness offerings through a multi-brand strategy, including plans to acquire medical spas in metropolitan areas and enhance its airport wellness services [4][3] - XWELL secured a three-year extension of its Traveler-based Genomic Surveillance Program with the CDC, aimed at early detection of pathogens in major airport hubs [6][5] Operating Highlights - The company operates 28 XpresSpa locations across major airports, with upgrades to reflect a science-driven approach to wellness [8] - XWELL's revenue for the first quarter included approximately $4.3 million from XpresSpa, $2.2 million from XpresTest, and $552,000 from Naples Wax Center [15] - Total cost of sales decreased by approximately 6% year-over-year, while total operating expenses decreased by approximately 11% [9][19] Financial Condition - As of March 31, 2025, XWELL had approximately $3.7 million in cash and cash equivalents and $7.3 million in marketable securities, with no long-term debt [12] - The operating loss for the first quarter was approximately $3.2 million, compared to $2.4 million in the same quarter of 2024 [20] - The net loss attributable to XWELL for the first quarter was approximately $4.7 million, an increase from $2.5 million in the prior year, attributed to higher one-time expenses [22] Future Plans - The company plans to open a new XWELL location in New York City's Penn Station in mid-2025, designed for quick-access wellness services [11] - XWELL is actively broadening its retail product portfolio to include wellness devices, nutritional supplements, and innovative wellness patches [8] - An investor conference call is planned to discuss growth initiatives and forthcoming programs [23]