XWELL, Inc.
XWELL, Inc. (XWEL) Financial Performance & Income Statement Overview
Access detailed quarterly and annual financial reports for XWELL, Inc. (XWEL), covering cash flow, earnings, and balance sheets.
XWELL, Inc. (XWEL) Income Statement & Financial Overview
Explore comprehensive income reports for XWELL, Inc. XWEL, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $7.47M | $8.42M | $9.28M | $8.73M |
| Cost of Revenue | $6.34M | $6.37M | $6.20M | $6.28M |
| Gross Profit | $1.12M | $2.05M | $3.08M | $2.45M |
| Gross Profit Ratio | $0.15 | $0.24 | $0.33 | $0.28 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $4.77M | $6.42M | $4.72M | $4.17M |
| Operating Expenses | $8.79M | $6.82M | $4.97M | $4.17M |
| Total Costs & Expenses | $15.13M | $13.19M | $11.18M | $10.45M |
| Interest Income | $72000.00 | $0.00 | $97000.00 | $110000.00 |
| Interest Expense | $39000.00 | $0.00 | $41000.00 | $48000.00 |
| Depreciation & Amortization | $640000.00 | $576000.00 | $546000.00 | $225000.00 |
| EBITDA | -$3.24M | -$4.04M | -$1.33M | -$2.08M |
| EBITDA Ratio | -$0.43 | -$0.48 | -$0.14 | -$0.24 |
| Operating Income | -$7.67M | -$4.77M | -$1.89M | -$1.73M |
| Operating Income Ratio | -$1.03 | -$0.57 | -$0.20 | -$0.20 |
| Other Income/Expenses (Net) | $80000.00 | $64000.00 | $102000.00 | $21000.00 |
| Income Before Tax | -$7.59M | -$4.71M | -$1.79M | -$2.36M |
| Income Before Tax Ratio | -$1.02 | -$0.56 | -$0.19 | -$0.27 |
| Income Tax Expense | $49000.00 | $45000.00 | $0.00 | $154000.00 |
| Net Income | -$7.59M | -$4.75M | -$2.00M | -$2.51M |
| Net Income Ratio | -$1.02 | -$0.56 | -$0.22 | -$0.29 |
| EPS | -$1.59 | -$0.99 | -$0.48 | -$0.60 |
| Diluted EPS | -$1.59 | -$0.99 | -$0.48 | -$0.60 |
| Weighted Avg Shares Outstanding | $5.26M | $4.82M | $4.18M | $4.18M |
| Weighted Avg Shares Outstanding (Diluted) | $5.26M | $4.82M | $4.18M | $4.18M |
Over the last four quarters, XWELL, Inc.'s revenue moved from $8.73M in Q1 2024 to $7.47M in Q4 2024. Operating income in Q4 2024 was -$7.67M, with a strong operating margin of -103%. Despite fluctuations in R&D and SG&A expenses, EBITDA for XWELL, Inc. remained robust at -$3.24M, reflecting operational efficiency. Net income dropped to -$7.59M, with an EPS of -$1.59. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
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