OnesSpaWorld SPAC
LARGEST SPA / FITNESS / BEAUTY MANAGEMENT
SERVICES COMPANY IN THE WORLD
000 000
Financial Highlights
161
SHIPS
UNDISPUTED LEADER IN A HIGHLY ATTRACTIVE INDUSTRY
GLOBAL MEGATRENDS DRIVING ROBUST SECTOR GROWTH
COMPLEX BUSINESS MODEL WHICH CANNOT BE REPLICATED
EARLY INNINGS OF GENERATIONAL GROWTH IN ASIA
66
RESORTS
HIGHLY VISIBLE, UNIQUELY PREDICTABLE GROWTH
UNPRECEDENTED AFTER-TAX FREE CASH FLOW CONVERSION
‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒
m
M
M
1
84%
MARKET SHARE
AT SEA¹
‒‒‒‒‒‒‒‒
~$56M
2018E Adj. EBITDA
Note: Ship count and resort count as of November 1, 2018.
1. Outsourced spa market, as of December 31, 2017.
2.
After-Tax Free Cash Flow calculated as (EBITDA- avg. 2015-2020P Capex - avg. 2015-2020P Cash Taxes) / EBITDA.
-
ONESPAWORLD
AT SEA. ON LAND.
~10x
NEXT LARGEST
SEA COMPETITOR
‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒‒
~90%
AFTER-TAX FREE CASH FLOW
CONVERSION²
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