NASDAQ$XWEL

XpresSpa Group Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

XpresSpa Group reported record full year and fourth quarter results, marking the strongest financial performance in company history, driven by record quarterly revenue and net income.

XpresSpa Group reported record financial results for Q4 2021, with revenue reaching $29.4 million and net income at $3.3 million. The company generated significant operating cash flow and actively repurchased shares, ending the year with a strong liquidity position of $105.5 million in unrestricted cash.

  • Record quarterly revenue of $29.4 million was achieved.
  • Net income reached a record $3.3 million.
  • Operating cash flow was $9.7 million for the quarter.
  • The company had an unrestricted cash balance of $105.5 million.

Headline financials

Total Revenue

$29.4M

Previous: $323K+8989.2%
EPS (adj)

$0.03

Previous: $0.10-70.0%
Capital Expenditures

$1.63M

Previous: $870K+87.6%
Free Cash Flow

$6.96M

Previous: -$8.96M+177.7%
Net Income

$3.3M

Previous: -$15.7M+121.0%
Operating Income

$2.3M

Previous: -$17.5M+113.1%
Gross Profit

$32.3M

Previous: $5.95M+443.3%
Cash & Equivalents

$106M

Previous: $89.8M+17.5%
Total Assets

$127M

Previous: $91.8M+38.6%
Stock-Based Comp

$733K

Previous: $362K+102.5%

Revenue & EPS history

XpresSpa · Revenue · Quarterly

$29.4M

Q4 2021+8,989.2%vs Q4 2020
Beat estimate in 7 of 10 quarters(70%)
ActualEstimate

Revenue by segment

XpresSpa · $6.64M total across 3 segments · Q1 2026

  • XpresSpa
    $4.2M
  • XpresTest
    $1.92M
  • Naples Wax
    $524K

Forward guidance

XpresSpa Group expects to exceed $100 million in revenue in 2022 and $500 million in revenue by 2025.

Tailwinds

  • Significant opportunities for businesses based upon healthy unit level economics.
  • Leveraging an efficient corporate structure.
  • Elevating all brands.
  • Further expanding services and products to meet consumer needs.
  • Continued bio-surveillance efforts as a component part of future revenue strategy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.1%

Avg return

Earnings day

-2.3%

Avg return

5 days after

-4.5%

Avg return

30 days after

43%

16 / 37 earnings

Positive

+24.4%

Q4 2019

Best reaction

-11.1%

Q4 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q3 2025+0.0%-8.4%-9.6%
Q2 2025-5.8%-8.3%-8.3%
Q1 2025+1.2%+12.8%+9.3%
Q4 2024+0.0%+0.0%+15.4%
Q3 2024-1.2%-10.6%-24.1%
Q2 2024+3.7%+0.5%-14.8%
Q1 2024+3.4%-8.4%+41.6%
Q4 2023+0.0%+0.7%+32.1%
Q3 2023+6.2%+35.4%+31.1%
Q2 2023-4.2%-4.2%-25.0%
Q1 2023+0.0%+4.2%+4.2%
Q4 2022+6.3%-9.4%-21.9%
Q3 2022+0.0%-12.3%-10.5%
Q2 2022-6.5%-5.4%+9.7%
Q1 2022-1.1%-18.7%-22.0%
Q4 2021+8.2%+52.0%+11.2%
Q3 2021+11.7%+13.1%+25.5%
Q2 2021-6.9%-13.1%-2.9%
Q4 2020+6.4%-3.5%-20.8%
Q3 2020-1.1%-13.4%-22.5%
Q2 2020-6.5%-4.2%-42.9%
Q1 2020-7.5%-5.5%+6.5%
Q4 2019+24.4%+26.8%+17.1%
Q3 2019+2.0%-5.9%-41.6%
Q2 2019+0.0%+21.2%+31.9%
Q1 2019+7.8%-9.0%-40.0%
Q4 2018+0.3%-12.0%-22.7%
Q3 2018+0.0%+0.0%+11.1%
Q2 2018+0.0%-25.0%-20.0%
Q1 2018-4.8%-31.7%-20.6%
Q4 2017-11.1%-24.7%-17.3%
Q3 2017-0.8%-4.0%-6.5%
Q2 2017+11.5%+4.4%+9.7%
Q1 2017+4.9%+1.9%+5.6%
Q4 2016+0.9%-9.7%-20.8%
Q3 2016+0.8%-8.0%-15.6%
Q2 2016-1.9%-1.0%+1.9%
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011

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