- OneSpaWorld Holdings Ltd OSW expects revenue of $162.7-$167.7 million for the fourth quarter of FY22, above the consensus of $149.59 million.
- The midpoint of the preliminary range of $165.2 million represents an increase of 92.8% from $85.7 million in Q4 21 and an increase of 18.5% from $139.4 million in the 4th quarter of 19
- The company sees EBITDA of $14.3 million to $17.3 million in Q4, more than double the EBITDA of $4.8 million in Q4 21 and an increase of 26.4% $12.5 million in 4Q19 at midpoint of preliminary range.
- For FY22, the company expects revenue of $540-$545 million, ahead of the consensus of $521.09 million. It envisages an EBITDA of between 44.0 and 47 million US dollars.
- For FY23, OneSpaWorld expects FY23 revenue of $660.0 million – $680.0 million versus the estimate of $661.99 million. It projects FY23 EBITDA of between $64 million and $70 million.
- “We believe our prominent position as a leader in operating cruise ship health and wellness centers, the predictability of our revenue and cash flow generation, and the strength with which we operate have positioned us well, even in an uncertain one Environment to deliver results Another year of outstanding performance in fiscal 2023,” said CEO Leonard Fluxman.
- also read: Fun at sea? OneSpaWorld signs exclusive contract with Norwegian Cruise Line
- Price promotion: OSW shares are trading up 7.24% at $9.78 on the latest check Monday.
- Photo via company
© 2023 Benzinga.de. Benzinga does not provide investment advice. All rights reserved.
[ad_2]
Source story