NASDAQ$OSW

OneSpaWorld Holdings Limited · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

OneSpaWorld's financial performance was reported in line with guidance, with revenue increasing by 4% compared to the same period in fiscal 2018.

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.

  • Total revenues increased 4% to $139.4 million.
  • Adjusted net income per diluted share totaled $0.09.
  • Adjusted EBITDA was $12.5 million.
  • Unlevered after-tax free cash flow was $11.5 million.

Headline financials

Total Revenue

$139M

Previous: $134M+4.2%
EPS (adj)

$0.09

Previous: $0.03+209.4%
Adjusted EBITDA

$12.5M

No prior period
Free Cash Flow

$11.5M

No prior period
Net Income

$1M

Previous: $1.84M-45.5%
Operating Income

$5.45M

Previous: $11.7M-53.5%
Gross Profit

$17.4M

Previous: $19.2M-9.2%
Cash & Equivalents

$13.9M

No prior period
Total Assets

$924M

No prior period
Stock-Based Comp

$187K

No prior period

Revenue & EPS history

OneSpaWorld · Revenue · Quarterly

$139M

Q4 2019+4.2%vs Q4 2018
Beat estimate in 3 of 7 quarters(43%)
ActualEstimate

Revenue by segment

OneSpaWorld · $139M total across 2 segments · Q4 2019

  • Service revenues
    $107M+5.2%
  • Product revenues
    $32.2M+0.8%

Forward guidance

The company provided Q1 2020 and Fiscal Year 2020 guidance, including the known impact of the coronavirus in its first quarter fiscal 2020 guidance. The company anticipates a negative impact on Q1 2020 revenue of approximately $5.0 million and adjusted EBITDA of approximately $2.0 million due to 141 cancelled and modified itineraries, lower resort revenue associated with its land-based destination resort spas across Asia and associated expenses.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-0.7%

Avg return

30 days after

42%

14 / 33 earnings

Positive

+16.8%

Q1 2024

Best reaction

-10.7%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.5%-1.3%-0.1%
Q4 2025-4.8%-7.4%-10.3%
Q3 2025+3.0%+8.4%-4.1%
Q1 2025-5.3%+3.9%+6.9%
Q4 2024+0.6%-17.6%-23.4%
Q3 2024+0.3%+0.3%+8.8%
Q2 2024-5.2%-10.0%-5.4%
Q1 2024+16.8%+15.7%+22.2%
Q4 2023-7.1%-7.7%-5.7%
Q3 2023+1.0%+4.4%+16.7%
Q2 2023-4.0%-5.1%-8.1%
Q1 2023-3.2%-4.5%-12.5%
Q4 2022+8.5%+9.2%+7.1%
Q3 2022+4.8%+10.4%+13.7%
Q2 2022+13.2%+16.9%+15.4%
Q1 2022-6.9%-14.4%-7.2%
Q4 2021+5.3%-1.5%+6.2%
Q3 2021+11.4%+12.5%-14.4%
Q2 2021+6.2%+2.2%+2.6%
Q1 2021+0.8%+8.4%+11.6%
Q4 2020-0.5%-3.1%-1.9%
Q3 2020-10.7%-5.9%+2.0%
Q2 2020-9.4%-8.9%+16.9%
Q1 2020-4.6%+10.4%+15.9%
Q4 2019-1.3%-1.4%-66.7%
Q3 2019-6.9%-6.0%-0.4%
Q2 2019-0.8%-1.1%+5.2%
Q1 2019-1.9%-2.3%-5.6%
Q4 2018+0.1%-1.6%-8.5%
Q3 2018+0.0%+0.0%+0.4%
Q2 2018+0.0%+0.4%+0.1%
Q1 2018+0.0%+0.1%+0.5%
Q4 2017+0.0%+0.0%+0.0%
Q3 2017
Q2 2017
Q1 2017

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