OSW (OneSpaWorld Holdings Limited) Stock Financials & Earnings | Market Cap Arena

OSW (OneSpaWorld Holdings Limited) Stock Financials & Earnings | Market Cap Arena

OSWOneSpaWorld Holdings Limited

Mkt Cap$2B

Consumer Cyclical·Leisure· Bahamas·NASDAQ

Revenue (TTM)$961M

Net Income (TTM)$72M

EPS (TTM)$0.69

Free Cash Flow (TTM)$68M

Gross Margin13.9%

Op. Margin9.1%

Net Margin7.5%

FCF Margin7.1%

P/S Ratio (TTM)2.2x

P/E Ratio (TTM)29.9x

YoY Rev Growth+7.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$182M	$28M	$11M
Q2 23	$201M	$31M	$13M
Q3 23	$216M	$36M	$17M
Q4 23	$195M	$32M	$13M
Q1 24	$211M	$21M	$17M
Q2 24	$225M	$24M	$19M
Q3 24	$242M	$42M	$25M
Q4 24	$217M	$37M	$17M
Q1 25	$220M	$36M	$17M
Q2 25	$241M	$31M	$22M
Q3 25	$259M	$39M	$26M
Q4 25	$242M	$27M	$22M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	3.3x	49.1x
Q2 23	3.0x	—
Q3 23	2.8x	1069.5x
Q4 23	2.7x	—
Q1 24	2.6x	62.7x
Q2 24	2.5x	40.3x
Q3 24	2.5x	41.8x
Q4 24	2.4x	29.4x
Q1 25	2.4x	31.9x
Q2 25	2.3x	30.1x
Q3 25	2.3x	28.9x
Q4 25	2.2x	29.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$2M	$873K
Q2 23	$25M	$24M
Q3 23	$19M	$18M
Q4 23	$17M	$14M
Q1 24	$15M	$14M
Q2 24	$19M	$18M
Q3 24	$29M	$27M
Q4 24	$17M	$13M
Q1 25	$10M	$8M
Q2 25	$20M	$18M
Q3 25	$33M	$28M
Q4 25	$20M	$15M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$1M
Q2 23	$882K
Q3 23	$670K
Q4 23	$3M
Q1 24	$1M
Q2 24	$1M
Q3 24	$1M
Q4 24	$3M
Q1 25	$2M
Q2 25	$3M
Q3 25	$6M
Q4 25	$5M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+108.1%	+82.1%
Q2 23	+57.4%	+48.1%
Q3 23	+33.3%	+30.7%
Q4 23	+15.3%	+15.2%
Q1 24	+15.8%	+13.4%
Q2 24	+12.2%	+10.1%
Q3 24	+11.8%	+8.7%
Q4 24	+11.5%	+9.8%
Q1 25	+4.0%	+4.4%
Q2 25	+7.0%	+6.1%
Q3 25	+7.0%	+7.2%
Q4 25	+11.5%	+10.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$3M	1.4%
Q2 23	$2M	1.1%
Q3 23	$2M	1.0%
Q4 23	$3M	1.6%
Q1 24	$2M	1.0%
Q2 24	$2M	0.9%
Q3 24	$2M	0.8%
Q4 24	$3M	1.3%
Q1 25	$4M	1.6%
Q2 25	$2M	0.9%
Q3 25	$2M	0.8%
Q4 25	$2M	1.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q1 23	$12M	—
Q2 23	$13M	—
Q3 23	$15M	—
Q4 23	$13M	—
Q1 24	$13M	—
Q2 24	$14M	—
Q3 24	$13M	—
Q4 24	$15M	—
Q1 25	$4M	—
Q2 25	$13M	—
Q3 25	$17M	—
Q4 25	—	$5M

Revenue Segments

Quarter	Product	Service
Q1 23	$32M	$150M
Q2 23	$37M	$163M
Q3 23	$40M	$176M
Q4 23	$36M	$159M
Q1 24	$39M	$172M
Q2 24	$44M	$181M
Q3 24	$47M	$194M
Q4 24	$41M	$176M
Q1 25	$41M	$179M
Q2 25	$47M	$193M
Q3 25	$50M	$208M
Q4 25	$45M	$197M

Revenue by Geography

Quarter	Not Connected Country	Other	United States
Q1 23	$171M	$6M	$5M
Q2 23	$189M	$6M	$5M
Q3 23	$206M	$5M	$5M
Q4 23	$184M	$6M	$5M
Q1 24	$199M	$7M	$5M
Q2 24	$215M	$6M	$4M
Q3 24	$233M	$5M	$4M
Q4 24	$208M	$5M	$4M
Q1 25	$209M	$6M	$4M
Q2 25	$231M	$5M	$4M
Q3 25	$251M	$4M	$4M
Q4 25	$234M	$4M	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$23M	$0	$23M
Q2 23	$30M	$0	$30M
Q3 23	$27M	$0	$27M
Q4 23	$28M	$0	$28M
Q1 24	$65M	$0	$65M
Q2 24	$62M	$0	$62M
Q3 24	$49M	$0	$49M
Q4 24	$57M	$0	$57M
Q1 25	$23M	$0	$23M
Q2 25	$35M	$0	$35M
Q3 25	$30M	$0	$30M
Q4 25	$16M	$0	$16M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	93M	+0.5%
Q2 23	97M	+4.3%
Q3 23	101M	+4.0%
Q4 23	100M	-1.1%
Q1 24	103M	+2.7%
Q2 24	106M	+2.8%
Q3 24	106M	-0.2%
Q4 24	105M	-0.1%
Q1 25	105M	-0.4%
Q2 25	104M	-0.7%
Q3 25	104M	-0.2%
Q4 25	102M	-1.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 16	—	—
FY 17	—	—
FY 18	$130K	4K
FY 19	$131K	4K
FY 20	$28K	4K
FY 21	$50K	3K
FY 22	$123K	4K
FY 23	$158K	5K
FY 24	$144K	6K
FY 25	$146K	7K