OneSpaWorld Earnings Reports

OneSpaWorld delivered a solid Q4 FY24, with revenue reaching $217.2 million, an 11% increase compared to Q4 FY23. Income from operations surged 37% to $17.2 million, while adjusted net income per diluted share rose to $0.20. The company also ended the quarter with $58.6 million in cash and reaffirmed its FY25 guidance.

OneSpaWorld reported record third-quarter results, with total revenues increasing by 12% to $241.7 million, income from operations increasing by 48% to $25.0 million, and adjusted EBITDA increasing by 33% to $33.0 million. The company also increased its fiscal year 2024 revenue guidance to $888 - $893 million and adjusted EBITDA guidance to $110 - $112 million.

OneSpaWorld announced record second quarter fiscal 2024 results with total revenues of $224.9 million, income from operations of $18.8 million, and adjusted EBITDA of $27.1 million. The company increased its fiscal year 2024 revenue guidance to $870 - $890 million and adjusted EBITDA guidance to $102 - $108 million.

OneSpaWorld announced strong first quarter results, exceeding guidance with a 16% increase in total revenue, a 52% increase in income from operations, and a 31% increase in adjusted EBITDA. The company has increased its fiscal year 2024 revenue and adjusted EBITDA guidance and the Board of Directors authorized a $50 million share repurchase program.

OneSpaWorld reported a 15% increase in total revenues for Q4 2023, reaching $194.8 million, and a 13% increase in Adjusted EBITDA to $23.4 million. The company's performance was driven by an increase in average ship count and successful revenue growth initiatives. They ended the year with total liquidity of $48.9 million, after repaying $5.0 million of debt and repurchasing shares.

OneSpaWorld reported a record $216.3 million in total revenues for Q3 2023, a 33% increase compared to Q3 2022. Income from operations increased by 72% to $17.0 million, and adjusted EBITDA increased by 36% to $24.9 million. The company has increased its fiscal year 2023 guidance for total revenue to $792 - $797 million and adjusted EBITDA to $86 - $88 million.

OneSpaWorld reported a strong second quarter with a 57% increase in total revenues, reaching a record $200.5 million. Income from operations increased by $12.4 million to a record $13.4 million, and adjusted EBITDA more than doubled to a record $21.6 million. The company has increased its fiscal year 2023 revenue and adjusted EBITDA guidance, reflecting confidence in its business prospects.

OneSpaWorld reported a strong start to fiscal year 2023, with record first-quarter revenue, income from operations, and adjusted EBITDA. The company's performance was driven by its operating platform and strategic execution, leading to increased full-year guidance for both revenue and adjusted EBITDA.

OneSpaWorld announced strong Q4 2022 financial results, with record revenue of $168.9 million, income from operations of $10.7 million, and adjusted EBITDA of $20.7 million. The company's strategies implemented during the pandemic led to a successful return to normalized operations, with double-digit increases across key operating metrics. The company expects fiscal year 2023 to be another year of accomplishment.

OneSpaWorld reported a strong third quarter with record net revenues of $162.3 million, 12% above Q3 2019, positive net income, and positive cash flow. The company ended the quarter with a strong financial position, including $57.1 million in total liquidity.

OneSpaWorld reported strong second-quarter results with net revenue reaching $127.4 million, representing over 90% of 2019 levels. The company generated positive free cash flow and ended the quarter with $46.9 million in total liquidity. The company expects to be operating on 173 cruise ships by the end of the third quarter.

OneSpaWorld reported a strong start to 2022 with a significant increase in revenue compared to Q1 2021, marking the fifth consecutive quarter of sequential revenue growth. The company achieved positive adjusted EBITDA and adjusted net income, along with a better-than-expected cash burn rate. As of March 31, 2022, operations had resumed on 127 cruise ships and in 48 destination resort spas.

OneSpaWorld reported a strong finish to 2021, with Q4 revenue nearly doubling Q3 revenue and significant year-over-year growth. The company achieved positive adjusted EBITDA for the first time since the pandemic began. Key operating metrics compared favorably with Q4 2019 performance. The company ended the quarter with total liquidity of $45.8 million.

OneSpaWorld's total revenues were $43.6 million, with an adjusted EBITDA loss of $4.6 million. Destination resorts spas generated positive EBITDA, and the company ended the quarter with $46 million in total liquidity.

OneSpaWorld reported a significant sequential improvement in financial performance during the second quarter, driven by the resumption of voyages and destination resort spa operations. Total revenues reached $9.2 million, and the company ended the quarter with $54.8 million in total liquidity.

OneSpaWorld reported a significant decrease in revenue due to the COVID-19 pandemic's impact on cruise and resort operations. The company ended the quarter with $65.7 million in total liquidity and expects resumption of operations to accelerate in the third quarter.

OneSpaWorld reported a significant decrease in total revenues for Q4 2020 due to the global COVID-19 pandemic. Total revenues were $3.8 million, compared to $139.4 million in Q4 2019. The company ended the year with $56.4 million in liquidity and expects to sustain operations through March 2022 with no significant voyages.

OneSpaWorld reported a 99% decrease in total revenues to $1.8 million compared to $144.9 million in the third quarter of fiscal 2019. The company's net loss was ($22.4) million, as compared to $2.4 million in the third quarter of fiscal 2019. The results were materially impacted by the global COVID-19 pandemic.

OneSpaWorld's Q2 2020 results were significantly impacted by the COVID-19 pandemic, with total revenues decreasing by 99% to $1.0 million. The company reported a net loss of $31.4 million and an adjusted EBITDA of ($20.1) million. To enhance liquidity, the company completed a $75 million equity financing.

OneSpaWorld reported a decrease in total revenues to $114.3 million for the quarter, impacted by COVID-19, with an estimated $35 million in revenues lost due to cancelled voyages and closed destination resorts. The company took decisive actions to reduce costs, prioritize liquidity, and preserve cash, including closing spas, repatriating personnel, and suspending the dividend program. They also secured a $75 million private placement to sustain operations and innovate service offerings.

OneSpaWorld reported a 4% increase in total revenues, reaching $139.4 million, and an adjusted EBITDA of $12.5 million for the fourth quarter of 2019. The company's adjusted net income per diluted share was $0.09. They also declared a quarterly cash dividend.