earnings
confidence high
sentiment positive
materiality 0.75
OneSpaWorld Q1 revenue $219.6M (+4% YoY), Adj. EBITDA $26.6M (+5%); new $75M buyback
ONESPAWORLD HOLDINGS Ltd
2025-Q1 EPS reported
$0.15
revenue$219,630,000
- Net income $15.3M vs $21.2M YoY, impacted by $2.5M severance and $7.7M warrant fair value change in prior year.
- Adjusted EBITDA $26.6M; reaffirms FY2025 guidance, guides Q2 revenue $235-240M and Adj. EBITDA $28-30M.
- Board declares $0.04/share dividend (unchanged) and authorizes $75M share repurchase program, extending prior $50M program.
- Ended Q1 with $73.8M total liquidity ($23.8M cash + undrawn $50M credit facility); repurchased $37.9M shares in Q1.
- Added 11 ships via P&O/Cunard agreement post-quarter; expects health/wellness centers on 8 new builds in FY2025.