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World, Co-founded by Sam Altman and Alex Blania, Accelerates Expansion in Japan via MEDIROM Collaboration Re.Ra.Ku's “Orb” Authentication Surpasses 20,000 Cumulative Verifications, Doubling in Approximately Two Months
Globenewswire· 2026-01-08 21:15
TOKYO, Jan. 08, 2026 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (Headquarters: Minato-ku, Tokyo; CEO: Kouji Eguchi; NASDAQ: MRM, MEDIROM or the “Company”), announces that the cumulative number of Proof of Human authentications using the World ID authentication device ‘Orb’ at stores centered on the relaxation salon “Re.Ra.Ku,” operated by its subsidiary MEDIROM Wellness Co., surpassed 20,000 as of December 28, 2025. The Company participates in World (a Proof of Human authentication protocol), ...
XWELL Expands Beyond Airports with New Wellness Retail Location in New York City’s Pennsylvania Station
Globenewswire· 2025-12-18 13:00
Bringing Accessible Self-Care to One of the Nation’s Busiest Commuter HubsNEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- XWELL (Nasdaq: XWEL) (“XWELL” or the “Company”), a leading provider of wellness solutions for people on the go, is excited to announce the opening of its newest location inside New York City’s Pennsylvania Station—a major step in expanding the brand beyond airport terminals and into high-traffic city spaces. “Our entry into Penn Station marks a natural next step for XWELL as we continue evol ...
OneSpaWorld Holdings Ltd. (OSW) Declined Despite Beating Expectations and Improved Guidance
Yahoo Finance· 2025-11-28 12:37
Core Insights - Ariel Investments reported a strong performance for its Small Cap Concentrated Value Strategy in Q3 2025, with a gross return of +15.08% and a net return of +14.93%, outperforming the Russell 2000 Value Index and the Russell 2000 Index [1] Company Performance - OneSpaWorld Holdings Limited (NASDAQ:OSW) operates health and wellness centers on cruise ships and at destination resorts, with a market capitalization of $2.094 billion as of November 27, 2025 [2] - In Q3 2025, OneSpaWorld's revenue increased by 7% to $258.5 million, despite a one-month return of -12.56% and a 52-week gain of 7.32% [4] Investment Analysis - OneSpaWorld's stock performance detracted from the overall strategy's performance, even though the company beat earnings estimates and raised full-year guidance [3] - The company is focusing on AI-driven initiatives to improve yields and expand margins, while also managing debt and returning capital to shareholders through buybacks and dividends [3] - Despite acknowledging OneSpaWorld's potential, the analysis suggests that certain AI stocks may offer greater upside potential with less downside risk [4]
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]