Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.0M | $48.8M | $50.1M | $48.5M | $8.38M | $73.7M | $55.9M | $30.1M | $33.9M | $29.2M |
| Revenue growth | — | 307.3% | 2.6% | -3.2% | -82.7% | 779.3% | -24.1% | -46.2% | 12.6% | -13.8% |
| Gross profit | — | — | — | — | — | $32.3M | $12.0M | $3.68M | $8.92M | $7.51M |
| Gross margin | — | — | — | — | — | 43.9% | 21.5% | 12.2% | 26.3% | 25.7% |
| Operating income | -$17.7M | -$14.7M | -$34.7M | -$15.9M | -$40.1M | $4.11M | -$31.2M | -$28.2M | -$16.7M | -$15.7M |
| Operating margin | -147.7% | -30.1% | -69.3% | -32.7% | -478.3% | 5.6% | -55.7% | -93.7% | -49.3% | -53.6% |
| Net income | -$24.0M | -$28.8M | -$37.2M | -$21.2M | -$90.5M | $3.35M | -$32.8M | -$27.7M | -$16.9M | -$17.0M |
| Net margin | -200.3% | -59.1% | -74.3% | -43.7% | -1079.2% | 4.5% | -58.7% | -92.1% | -49.7% | -58.2% |
| EPS (diluted) | -$1.58 | -$25.88 | -$25.60 | -$12.99 | -$2.05 | $0.03 | -$7.01 | -$6.64 | -$3.66 | -$5.08 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$8.44M | -$12.2M | -$6.57M | -$113K | -$25.0M | $14.6M | -$24.2M | -$16.1M | -$11.0M | -$8.71M |
| Capital expenditures | $66.0K | $4.48M | $3.03M | $2.27M | $3.97M | $4.28M | $6.46M | $1.91M | $1.78M | $2.96M |
| Free cash flow | -$8.51M | -$16.7M | -$9.60M | -$2.39M | -$29.0M | $10.3M | -$30.7M | -$18.0M | -$12.8M | -$11.7M |
| Share buybacks | — | — | — | — | — | $7.83M | $23.8M | — | — | — |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $17.9M | $6.37M | $3.40M | $2.18M | $89.8M | $106M | $19.0M | $8.44M | $4.55M | $2.62M |
| Total assets | $82.8M | $65.2M | $30.6M | $28.7M | $103M | $127M | $70.4M | $39.0M | $25.4M | $11.2M |
| Total liabilities | $18.6M | $19.4M | $17.4M | $31.3M | $22.8M | $27.3M | $22.5M | $18.0M | $17.6M | $23.8M |
| Long-term debt | $6.50M | $6.50M | $0.00 | $5.76M | $5.65M | $3.58M | — | — | — | — |
| Shareholders' equity | $59.5M | $40.9M | $9.11M | -$6.24M | $77.8M | $92.7M | $39.9M | $13.0M | -$788K | -$22.3M |
| Retained earnings | -$221M | -$250M | -$287M | -$308M | -$399M | -$395M | -$428M | -$456M | -$473M | -$490M |
| Shares (wtd avg diluted) | 15.2M | 1.11M | 1.45M | 1.63M | 44.6M | 105M | 4.68M | 4.18M | 4.61M | 5.56M |
Every figure is extracted from XWELL, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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