OSW

OneSpaWorld Reports Record Fourth Quarter and Fiscal Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its fourth quarter and twelve months of fiscal 2023, ended December 31, 2023.

Key Points: 
  • OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its fourth quarter and twelve months of fiscal 2023, ended December 31, 2023.
  • The unlevered after-tax free cash flow conversion rate was 72% in the fourth quarter of 2023.
  • Staff Count: The Company ended the fourth quarter with 4,120 cruise ship personnel on vessels, compared with 3,927 and 3,566 cruise ship personnel on vessels at the end of the third quarter of 2023 and the fourth quarter of 2022, respectively.
  • Fourth Quarter Ended December 31, 2023 Compared to December 31, 2022
    Results of operations for the fourth quarter of 2023 continued to accelerate from 2022 as the Company has returned to normalized operations since the conclusion of the COVID-19 pandemic.

OneSpaWorld Announces Fourth Quarter Fiscal 2023 Financial Results on February 28, 2024

Retrieved on: 
Wednesday, February 21, 2024

The Company will conduct a conference call the same day at 10:00 am ET to discuss its quarterly results.

Key Points: 
  • The Company will conduct a conference call the same day at 10:00 am ET to discuss its quarterly results.
  • What: OneSpaWorld Fourth Quarter Fiscal 2023 financial results conference call.
  • Replay: An audio replay of the conference call can be accessed at (844) 512-2921 (international dialers (412) 317-6671), passcode 10186273.
  • The conference call replay will be available approximately two hours after the call and remain in effect for one week.

OneSpaWorld Announces Preliminary Fourth Quarter and Fiscal Year 2023 Revenue and EBITDA in line with Guidance and Introduces Fiscal 2024 Revenue and EBITDA Guidance

Retrieved on: 
Monday, January 8, 2024

The Company is providing this update ahead of investor meetings and its fireside chat presentation at the 26th Annual ICR Conference.

Key Points: 
  • The Company is providing this update ahead of investor meetings and its fireside chat presentation at the 26th Annual ICR Conference.
  • Overall, fiscal 2023 represented an outstanding year for OneSpaWorld, as demonstrated by our preliminary expectations to deliver revenue and EBITDA growth of 45% and 73%, respectively, from fiscal 2022.
  • The Company is providing a preliminary range for Fourth Quarter and Fiscal Year 2023 total revenue and Adjusted EBITDA and introducing guidance for fiscal 2024 to allow it to speak to these topics during the ICR Conference today.
  • As the Company has not completed its quarter and year-end fiscal close or the audit of its 2023 financial statements, the revenue expectation presented in this press release may change.

OneSpaWorld to Present at the 26th Annual ICR Conference

Retrieved on: 
Tuesday, January 2, 2024

OneSpaWorld Holdings Limited, (NASDAQ: OSW), the pre-eminent global provider of health and wellness products and services on board cruise ships and in destination resorts around the world, announced today that it will participate in investor meetings and a fireside chat presentation at the 26th Annual ICR Conference being held on January 8th through January 10th, 2024 at the Grande Lakes Orlando in Orlando, Florida.

Key Points: 
  • OneSpaWorld Holdings Limited, (NASDAQ: OSW), the pre-eminent global provider of health and wellness products and services on board cruise ships and in destination resorts around the world, announced today that it will participate in investor meetings and a fireside chat presentation at the 26th Annual ICR Conference being held on January 8th through January 10th, 2024 at the Grande Lakes Orlando in Orlando, Florida.
  • Leonard Fluxman, Executive Chairman, Chief Executive Officer and President and Stephen Lazarus, Chief Financial Officer and Chief Operating Officer, will host the investor meetings and fireside chat presentation.
  • The fireside chat presentation is scheduled on Monday, January 8, 2024 at 3:00 p.m. Eastern Time.

OneSpaWorld Reports Third Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its third quarter and first nine months of fiscal 2023, ended September 30, 2023.

Key Points: 
  • OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its third quarter and first nine months of fiscal 2023, ended September 30, 2023.
  • The unlevered after-tax free cash flow conversion rate was 97% in the third quarter of 2023.
  • The Company expects to continue to generate positive cash flow from operations in the fourth quarter of 2023 and throughout fiscal year 2024.
  • Total cash at quarter-end September 30, 2023 was $28.0 million, compared to $30.0 million at June 30, 2023, after giving effect to repayment of $20.0 million of the first lien term loan during the quarter.

OneSpaWorld Announces Third Quarter Fiscal 2023 Financial Results on November 1, 2023

Retrieved on: 
Wednesday, October 25, 2023

The Company will conduct a conference call the same day at 9:00 am ET to discuss its quarterly results.

Key Points: 
  • The Company will conduct a conference call the same day at 9:00 am ET to discuss its quarterly results.
  • What: OneSpaWorld Third Quarter Fiscal 2023 financial results conference call.
  • Replay: An audio replay of the conference call can be accessed at (844) 512-2921 (international dialers (412) 317-6671), passcode 10183068.
  • The conference call replay will be available approximately two hours after the call and remain in effect for one week.

Yamaha-Sponsored Kenai Classic Roundtable Sparks Discussion of Offshore Wind Effects on Fishery Management

Retrieved on: 
Thursday, September 7, 2023

The 10th Annual Kenai Classic Roundtable sponsored by Yamaha Rightwaters™ included a robust discussion on the possible effect Offshore Wind (OSW) could have on fishery management and access, led by Andy Lipsky, Offshore Wind Program Lead, NOAA® Fisheries, and Mike Waine, Atlantic Fisheries Policy Director, American Sportfishing Association®.

Key Points: 
  • The 10th Annual Kenai Classic Roundtable sponsored by Yamaha Rightwaters™ included a robust discussion on the possible effect Offshore Wind (OSW) could have on fishery management and access, led by Andy Lipsky, Offshore Wind Program Lead, NOAA® Fisheries, and Mike Waine, Atlantic Fisheries Policy Director, American Sportfishing Association®.
  • Both speakers shared concerns and sought input on solutions to meet the challenge of coexistence between OSW and healthy fisheries.
  • “Offshore wind is being planned and is really imminent across the U.S. and [we] have a chance now to get ahead on the science and planning of offshore wind energy.
  • The Roundtable has become a key element of the Classic focusing on a breadth of fishery, environmental, and conservation topics featuring nationally-recognized field and topical experts.

OneSpaWorld Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Wednesday, August 2, 2023

OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its second quarter and first six months of fiscal 2023, ended June 30, 2023.

Key Points: 
  • OneSpaWorld Holdings Limited (NASDAQ: OSW) (“OneSpaWorld,” or the “Company”), the pre-eminent global provider of health and wellness services and products on-board cruise ships and in destination resorts around the world, today announced its financial results for its second quarter and first six months of fiscal 2023, ended June 30, 2023.
  • Staff Count: The Company ended the second quarter with 3,813 cruise ship personnel on vessels, compared with 3,665 and 2,778 cruise ship personnel on vessels at the end of the first quarter of 2023 and the second quarter of 2022, respectively.
  • The Company expects to continue to generate positive cash flow from operations in the third quarter of 2023 and throughout fiscal year 2023.
  • Second Quarter Ended June 30, 2023 Compared to June 30, 2022
    Results of operations for the second quarter of 2023 continued to accelerate from 2022 as the Company has returned to normalized operations since the advent of the COVID-19 pandemic.

OneSpaWorld Announces Second Quarter Fiscal 2023 Financial Results on August 2, 2023

Retrieved on: 
Wednesday, July 26, 2023

The Company will conduct a conference call the same day at 10:00 am ET to discuss its quarterly results.

Key Points: 
  • The Company will conduct a conference call the same day at 10:00 am ET to discuss its quarterly results.
  • What: OneSpaWorld Second Quarter Fiscal 2023 financial results conference call.
  • Replay: An audio replay of the conference call can be accessed at (844) 512-2921 (international dialers (412) 317-6671), passcode 10181087.
  • The conference call replay will be available approximately two hours after the call and remain in effect for one week.

New Offshore Wind Innovation Hub Announces First Selections for its Accelerator Program

Retrieved on: 
Monday, June 26, 2023

The Offshore Wind Innovation Hub today announced the first round of start-up companies selected to receive support to develop innovative ideas designed to unleash the potential of offshore wind.

Key Points: 
  • The Offshore Wind Innovation Hub today announced the first round of start-up companies selected to receive support to develop innovative ideas designed to unleash the potential of offshore wind.
  • View the full release here: https://www.businesswire.com/news/home/20230626305468/en/
    Tone Søndergaard, Director of the Offshore Wind Innovation Hub (Photo: Business Wire)
    Launched in January 2023 to help develop promising start-ups that drive new innovation in the offshore wind industry, the Offshore Wind Innovation Hub is led by Equinor and bp in collaboration with Urban Future Lab at NYU Tandon School of Engineering , and National Offshore Wind R&D Consortium .
  • The Offshore Wind Innovation Hub provides a one-of-a-kind experience for startups to further develop their technologies on the ground as we’re developing America’s offshore wind energy future right here in New York City.
  • We look forward to working with The Offshore Wind Innovation Hub to build a nation-leading ecosystem and more inclusive future for all New Yorkers.”
    “The Offshore Wind Innovation Hub provides a great opportunity for innovators to bring their unique technology advancements into offshore wind.