Wellness Services
Search documents
XWELL Reports Third Quarter 2025 Results
Globenewswire· 2025-11-14 21:30
Core Insights - XWELL, Inc. reported third-quarter revenue of approximately $7.3 million for the period ending September 30, 2025, with significant improvements in cost management and operational efficiency [6][15] - The company is expanding its wellness services beyond airport locations, with new centers opening in Florida and New York City, enhancing accessibility for consumers [3][7][14] - XWELL has streamlined its corporate cost structure, reducing annualized staffing costs by approximately $2.4 million, and integrated its HyperPointe™ business to optimize resources [4][5] Recent Operating Highlights - The CEO emphasized progress in diversifying access points and enhancing brand relevance, particularly through partnerships like the expanded collaboration with Priority Pass [3] - New off-airport wellness centers have been opened, including locations in Penn Station, New York, and various Florida markets, aimed at serving local consumers [3][6][7] Financial Overview - Revenue breakdown for Q3 2025: approximately $5.1 million from XpresSpa, $1.7 million from XpresCheck, and $0.5 million from Naples Wax Center [15] - Cost of sales decreased by about 8% compared to the same quarter in 2024, while general and administrative expenses fell by approximately 32% [6][15] - The operating loss for the quarter was approximately $0.8 million, a significant reduction from the $4.8 million loss in the prior year [15] Strategic Initiatives - XWELL's partnership with Priority Pass has expanded to key international airports in the Middle East and Europe, enhancing traveler access to wellness offerings [6][7] - The company is leveraging its biosecurity program, XpresCheck, to capture growth opportunities in travel and mass-gathering settings, including major global events [8][9][10] Liquidity and Financial Condition - As of September 30, 2025, XWELL had approximately $4.0 million in cash and cash equivalents, with total current assets of about $10.8 million and no long-term debt [11]
More than 10,000 people receive verified World IDs at MEDIROM locations
Globenewswire· 2025-10-28 12:30
Core Insights - MEDIROM Healthcare Technologies Inc. has surpassed 10,000 verifications of World ID at its wellness salons in Japan, indicating strong adoption of the proof of human technology [1][2] - The company plans to expand the installation of the Orb, an advanced camera for verifying humanness, to 200 stores, enhancing its service capabilities [1] - The increase in World ID verifications is expected to improve the convenience and reliability of digital social infrastructure, contributing to revenue growth for MEDIROM [2] Company Overview - MEDIROM operates over 300 wellness salons under the "Re.Ra.Ku" brand across Japan, providing various health and wellness services [8][11] - The company has expanded into HealthTech since 2015, offering on-demand training apps and manufacturing health monitoring devices like the MOTHER Bracelet [11] Technology and Services - World ID is a global authentication technology that proves "humanness" rather than identity, addressing challenges posed by the rise of generative AI [3] - The Orb camera is utilized to verify individuals' humanness without revealing their identities, supporting the World ID initiative [3][4]
Contractors Converge in Las Vegas for Milestone 10th Annual Service World Expo, Featuring High-Impact Speakers and Training to Power the Future of the Trades
Globenewswire· 2025-09-30 13:00
Core Insights - Service Nation is hosting the 10th annual Service World Expo, a significant event for residential service business leaders, taking place from October 26-30 at Caesars Forum & Harrah's Las Vegas [1][3] - The expo will focus on education and training for residential contractors, emphasizing seven key pillars: business design, financials, human resources, leadership, marketing, operations, and sales [2] Event Highlights - The event will feature keynote speakers including Danica Patrick, Jeff Civillico, Jade Simmons, Darren LaCroix, and sessions on maximizing AI for automation and business leads [5] - Attendees will have access to general sessions, panels, and workshops led by industry experts, providing actionable insights and strategies [5] - Networking opportunities will be available through curated events such as mixers, costume parties, and business coaching happy hours [5] Company Overview - EverCommerce is a leading service commerce platform that supports over 725,000 global service-based businesses with integrated SaaS solutions [4] - The company specializes in providing end-to-end business management software, payment acceptance, marketing technology, and customer experience applications across various service industries [4]
XWELL Strengthens Florida Presence with Bloomingdale Wellness Center Grand Opening
Globenewswire· 2025-09-12 12:00
Core Insights - XWELL celebrates the grand opening of its new wellness center in Bloomingdale Square, Florida, marking a significant step in its expansion strategy in the state [1][4][5] Group 1: Company Expansion - The Bloomingdale center is part of XWELL's ongoing strategy to expand its brick-and-mortar presence, following recent openings in Waterford and Clearwater [4][5] - The new location will offer a full suite of wellness services, including facials, waxing, and medical services such as Botox and Dermal Fillers, with plans for additional services in the future [4][3] Group 2: Community Engagement - The grand opening event includes immersive experiences such as live demonstrations, personalized skincare consultations, and complimentary product sampling [2][3] - Attendees will receive gift bags while supplies last, enhancing community engagement and customer experience [4] Group 3: Company Overview - XWELL, Inc. operates a portfolio of wellness brands focused on health, beauty, and self-care, redefining modern wellness experiences through innovation and accessibility [6]
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]