OneSpaWorld reports Q4 adjusted EPS 12c with items, consensus 17c

Reports Q4 revenue $194.8M, consensus $198.15M. Q4 adjusted EPS includes the negative impact of the $5.4M deleveraging fee, or 5c per diluted share, Leonard Fluxman, Executive Chairman, CEO and President, commented: “Our record Q4 an outstanding year of financial and operating performance and continues to demonstrate the increasingly powerful impact of our strategies, innovation and scale across our complex business.” Fluxman continued, “the year was highlighted by the delivery of best-ever revenue, which grew 45% to $794M; income from operations which increased 258% to $54.2M, and Adjusted EBITDA, which grew 77% to $89.2M from the 2022 fiscal year. I am extremely proud of our dedicated team and onboard staff, whose commitment to service excellence assisted us in delivering double digit growth across certain key operating metrics as compared to fiscal years 2022 and 2019, as well as placing 5,904 staff members onboard, introducing new products and services, and introducing health and wellness centers on board 10 new ship builds, as well as executing new agreements with Crystal Cruises and Adora Cruises during the year.”