NASDAQ$OSW
OneSpaWorld Holdings Limited · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
OneSpaWorld reported strong fourth-quarter results, with revenue and income from operations growing year-over-year.
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.
- Total revenue increased by 11% to $217.2 million.
- Net income was $14.4 million, a significant turnaround from a $7.3 million loss in Q4 FY23.
- Adjusted EPS rose to $0.20 per share, up from $0.12 per share last year.
- The company ended the quarter with $58.6 million in cash and no outstanding borrowings on its $50 million revolving credit facility.
Headline financials
Revenue & EPS history
OneSpaWorld · Revenue · Quarterly
$217M
Revenue by segment
OneSpaWorld · $216M total across 2 segments · Q3 2023
- Service revenues$176M+32.4%81.3%
- Product revenues$40.4M+37.0%18.7%
Forward guidance
OneSpaWorld reaffirmed its fiscal year 2025 guidance, projecting revenue growth in the high single digits and adjusted EBITDA growth at the mid-point of the range. The company introduced Q1 2025 guidance with revenue expectations of $215-$220 million and adjusted EBITDA of $25-$27 million.
Tailwinds
- Revenue guidance for Q1 2025 set at $215-$220 million.
- Adjusted EBITDA for Q1 2025 expected between $25-$27 million.
- Company expects strong growth from new ship wellness centers launching in FY25.
- Full FY25 revenue projected at $950-$970 million.
- Strong liquidity position with $108.6 million in total available cash and credit.
Headwinds
- One fewer operating day in Q1 2025 due to the leap year in FY24.
- Higher number of dry docks expected to impact Q1 2025 revenue by approximately $4.3 million.
- Continued inflationary pressures on operating costs.
- Potential economic headwinds affecting discretionary consumer spending.
- Increased competition in the wellness services market.
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 2024
+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
| Quarter | Report date | Reaction (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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