- OneSpaWorld Holdings Ltd (NASDAQ:OSW) expects fourth-quarter FY22 revenue of $162.7 million – $167.7 million, above the consensus of $149.59 million.
- The $165.2 million mid-point of the preliminary range represents an increase of 92.8% from $85.7 million in 4Q21 and an increase of 18.5% from $139.4 million in 4Q19.
- The company sees Q4 EBITDA of $14.3 million – $17.3 million, more than double the 4Q21 EBITDA of $4.8 million and an increase of 26.4% from $12.5 million in 4Q19 at the mid-point of the preliminary range.
- For FY22, the company expects sales of $540 million – $545 million, above the consensus of $521.09 million. It sees EBITDA of $44.0 million – $47 million.
- For FY23, OneSpaWorld expects FY23 revenue of $660.0 million – $680.0 million versus the $661.99 million estimate. It sees FY23 EBITDA of $64 million – $70 million.
- “We believe our preeminent position as the leader in the operation of health and wellness centers onboard cruise ships; the predictability of our revenue and cash flow generation; and the strength with which we execute has us well positioned, even in an uncertain environment to deliver another year of outstanding performance in fiscal 2023,” said CEO Leonard Fluxman.
- Also Read: Spa At Sea? OneSpaWorld Inks Exclusive Deal With Norwegian Cruise Line
- Price Action: OSW shares are trading higher by 7.24% at $9.78 on the last check Monday.
- Photo Via Company
SBF, ‘Girlfriend’ Plowed Funds Into ChatGPT-Like Firm: Now Google Wants A Piece
News came out that Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) unit Google is investing $300 million in a company that could be considered a rival to ChatGPT
