OneSpaWorld (OSW) Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Wed, February 18, 2026 astatine 10:15 AM CST 20 min read

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Wednesday, Feb. 18, 2026 astatine 10 a.m. ET

• Executive Chairman and Chief Executive Officer — Leonard I. Fluxman

• President, Chief Operating Officer, and Chief Financial Officer — Stephen B. Lazarus

Joining maine contiguous are Leonard I. Fluxman, Executive Chairman and Chief Executive Officer, and Stephen B. Lazarus, President, Chief Operating Officer, and Chief Financial Officer. Leonard volition statesman with a reappraisal of our 4th fourth 2025 show and supply an update connected our cardinal priorities for 2026. Then Stephen volition supply much details connected the financials and guidance. Following our prepared remarks, we volition crook the telephone implicit to the relation to statesman the question-and-answer information of the call. I volition present crook the telephone implicit to Leonard I. Fluxman.

Leonard I. Fluxman: Thank you, Allison. Good morning, and invited to OneSpaWorld Holdings Limited’s Fourth Quarter and Fiscal Year 2025 Earnings Call. It is simply a pleasance to talk with you each contiguous astir our grounds 4th quarter. The play capped a twelvemonth of exceptional show underpinned by innovation crossed our planetary operating platform, and the transportation of bonzer impermanent experiences and fantabulous results for our cruise enactment and destination edifice partners. During the quarter, we precocious our strategical priorities, driving maturation successful cardinal operating and introducing 2 caller vessel builds. This served to further cement our marketplace and resulted successful double-digit maturation successful full revenues and adjusted EBITDA.

Our unsocial capabilities and the palmy execution of our strategy person produced 19 consecutive quarters of year-over-year maturation and a 4th consecutive twelvemonth of grounds show of some metrics. We proceed to place ways to elevate our positioning, summation efficiency, and accelerate growth. Innovation, AI, and the reorganization of definite operations astatine twelvemonth end, including the strategical determination to exit land-based wellness and wellness centers successful Asia and reorganize operations successful the United Kingdom and Italy, person america poised to execute this objective. We statesman 2026 adjacent much powerfully positioned to maximize our outstanding lasting arsenic the preeminent relation of wellness and wellness centers astatine sea.

I americium highly arrogant of the squad that assisted successful delivering the twelvemonth and arsenic assured that the twelvemonth up volition correspond different twelvemonth of outstanding performance. At twelvemonth end, we operated wellness and wellness centers connected 206 ships with an mean vessel number of 199 for the quarter. This compares with a full of 199 ships astatine twelvemonth extremity and an mean vessel number of 188 ships successful fiscal 2024. Also, astatine twelvemonth end, we had 4,582 cruise vessel unit connected vessels compared with 4,352 cruise vessel unit connected vessels astatine twelvemonth extremity successful fiscal 2024. Along with our beardown fiscal results, the 4th and twelvemonth included noteworthy advancement towards our cardinal strategical priorities.