ONESPAWORLD HOLDINGS Ltd. has recently released its 10-K report, providing detailed insights into the company's financial performance and operations. OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts globally. Its services include body care, salon, skin care, fitness facilities, pain management, body composition analytics, medi-spa services, and various other wellness-related services and products. The company also sells health and wellness, fitness, and beauty-related products through its timetospa.com website. Founded in 2017, the company is headquartered in Nassau, Bahamas.
In its 10-K report, ONESPAWORLD HOLDINGS Ltd. provided a comprehensive overview of its financial condition and results of operations. The company reported its audited financial condition and results of operations for the years ended December 31, 2025, 2024, and 2023. Notably, the company emphasized that its discussion contains forward-looking statements regarding future performance, liquidity, and capital resources.
Key Performance Indicators: The average ship count for 2025 was 196, compared to 190 in 2024 and 180 in 2023. The average weekly revenues per ship were $90,608 in 2025, $86,213 in 2024, and $80,013 in 2023. The average revenues per shipboard staff per day were $593 in 2025, $572 in 2024, and $555 in 2023. The period end resort count was 48 in 2025, 50 in 2024, and 51 in 2023. * The average weekly revenues per destination resort were $12,738 in 2025, $13,962 in 2024, and $15,242 in 2023.
Key Financial Definitions: Revenues primarily consist of sales of services and products to cruise ship passengers and destination resort guests. Cost of services includes payments to cruise line partners, wages, staff-related expenses, and health and wellness center depreciation. Cost of products includes the cost of products sold, wages, and payments to cruise line and destination resort partners. Administrative expenses include corporate and administrative functions' expenses, such as professional services, insurance, and general corporate expenses.
Revenue Drivers and Business Trends: * The company's revenues and financial performance are impacted by factors such as the number and offerings of health and wellness centers, expansion of value-added services and products, ship categories, cruise itineraries, collaboration with cruise line partners, and the impact of weather.
ONESPAWORLD HOLDINGS Ltd.'s 10-K report provides a detailed look into the company's financial and operational performance, offering valuable insights into its key performance indicators, financial definitions, and revenue drivers and business trends. Following these announcements, the company's shares moved -2.28%, and are now trading at a price of $19.72. For the full picture, make sure to review ONESPAWORLD HOLDINGS Ltd's 10-K report.
