NASDAQ$OSW

OneSpaWorld Holdings Limited · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

OneSpaWorld's Q4 2020 performance was materially impacted by the global COVID-19 pandemic, with revenue primarily related to destination resort spas and e-commerce sales.

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.

  • Total revenues decreased to $3.8 million from $139.4 million year-over-year due to the COVID-19 pandemic.
  • Net loss attributable to OneSpaWorld was $28.0 million, compared to a net income of $1.1 million in Q4 2019.
  • Adjusted EBITDA was ($15.4) million, compared to $13.0 million in Q4 2019.
  • The company ended the year with $56.4 million in liquidity and expects to sustain operations through March 2022.

Headline financials

Total Revenue

$3.83M

Previous: $139M-97.3%
EPS (adj)

-$0.24

Previous: $0.09-366.7%
Adjusted EBITDA

-$15.4M

Previous: $12.5M-223.5%
Net Income

-$28M

Previous: $1M-2897.5%
Operating Income

-$25.1M

Previous: $5.45M-559.9%
Gross Profit

-$9.85M

Previous: $17.4M-156.6%
Cash & Equivalents

$41.6M

Previous: $13.9M+199.7%
Total Assets

$702M

Previous: $924M-24.0%
Stock-Based Comp

$2.99M

Previous: $187K+1498.9%

Revenue & EPS history

OneSpaWorld · Revenue · Quarterly

$3.83M

Q4 2020-97.3%vs Q4 2019
Beat estimate in 5 of 10 quarters(50%)
ActualEstimate

Revenue by segment

OneSpaWorld · $216M total across 2 segments · Q3 2023

  • Service revenues
    $176M+32.4%
  • Product revenues
    $40.4M+37.0%

Forward guidance

The Company is not providing financial guidance due to the ongoing business disruption and substantial uncertainty surrounding the impact of the COVID-19 pandemic on its business.

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 2020

Historical avgQ4 2020

+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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