earnings
confidence high
sentiment positive
materiality 0.75
OneSpaWorld Q2 rev $224.9M (+12%), raises FY guidance, initiates dividend
ONESPAWORLD HOLDINGS Ltd
2024-Q2 EPS reported
$0.35
revenue$436,117,000
- Q2 revenue $224.9M (+12% YoY); income from operations $18.8M (+40%); adjusted EBITDA $27.1M (+25%).
- Unlevered after-tax free cash flow $23.8M (+18% YoY); conversion rate 88%.
- FY2024 revenue guidance raised to $870-$890M; adjusted EBITDA guidance raised to $102-$108M.
- Board authorized annual cash dividend (amount TBD); cash $63.7M after $15M debt repayment.
- Ended Q2 with 197 ships (avg 188), 52 resorts, 4,300 staff.