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Side-by-side financial comparison of ONESPAWORLD HOLDINGS Ltd (OSW) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $153.1M, roughly 1.6× CPI Card Group Inc.). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs 4.8%, a 0.2% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 11.5%). CPI Card Group Inc. produced more free cash flow last quarter ($35.2M vs $14.9M). Over the past eight quarters, CPI Card Group Inc.'s revenue compounded faster (16.9% CAGR vs 7.1%).
CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.
OSW vs PMTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $242.1M | $153.1M |
| Net Profit | $12.1M | $7.3M |
| Gross Margin | — | 31.5% |
| Operating Margin | 6.8% | 12.0% |
| Net Margin | 5.0% | 4.8% |
| Revenue YoY | 11.5% | 22.3% |
| Net Profit YoY | -16.2% | 8.5% |
| EPS (diluted) | $0.12 | $0.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $242.1M | $153.1M | ||
| Q3 25 | $258.5M | $138.0M | ||
| Q2 25 | $240.7M | $129.8M | ||
| Q1 25 | $219.6M | $122.8M | ||
| Q4 24 | $217.2M | $125.1M | ||
| Q3 24 | $241.7M | $124.8M | ||
| Q2 24 | $224.9M | $118.8M | ||
| Q1 24 | $211.2M | $111.9M |
| Q4 25 | $12.1M | $7.3M | ||
| Q3 25 | $24.3M | $2.3M | ||
| Q2 25 | $19.9M | $518.0K | ||
| Q1 25 | $15.3M | $4.8M | ||
| Q4 24 | $14.4M | $6.8M | ||
| Q3 24 | $21.6M | $1.3M | ||
| Q2 24 | $15.8M | $6.0M | ||
| Q1 24 | $21.2M | $5.5M |
| Q4 25 | — | 31.5% | ||
| Q3 25 | — | 29.7% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 33.2% | ||
| Q4 24 | — | 34.1% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 35.7% | ||
| Q1 24 | — | 37.1% |
| Q4 25 | 6.8% | 12.0% | ||
| Q3 25 | 10.2% | 9.4% | ||
| Q2 25 | 9.2% | 7.3% | ||
| Q1 25 | 7.7% | 11.5% | ||
| Q4 24 | 7.9% | 12.7% | ||
| Q3 24 | 10.3% | 14.3% | ||
| Q2 24 | 8.4% | 12.5% | ||
| Q1 24 | 8.0% | 12.6% |
| Q4 25 | 5.0% | 4.8% | ||
| Q3 25 | 9.4% | 1.7% | ||
| Q2 25 | 8.3% | 0.4% | ||
| Q1 25 | 7.0% | 3.9% | ||
| Q4 24 | 6.6% | 5.4% | ||
| Q3 24 | 8.9% | 1.0% | ||
| Q2 24 | 7.0% | 5.1% | ||
| Q1 24 | 10.0% | 4.9% |
| Q4 25 | $0.12 | $0.62 | ||
| Q3 25 | $0.23 | $0.19 | ||
| Q2 25 | $0.19 | $0.04 | ||
| Q1 25 | $0.15 | $0.40 | ||
| Q4 24 | $0.13 | $0.56 | ||
| Q3 24 | $0.20 | $0.11 | ||
| Q2 24 | $0.15 | $0.51 | ||
| Q1 24 | $0.21 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.3M | $21.7M |
| Total DebtLower is stronger | $84.0M | $286.7M |
| Stockholders' EquityBook value | $542.6M | $-17.3M |
| Total Assets | $707.1M | $403.2M |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.3M | $21.7M | ||
| Q3 25 | $29.6M | $16.0M | ||
| Q2 25 | $35.0M | $17.1M | ||
| Q1 25 | $22.6M | $31.5M | ||
| Q4 24 | $57.4M | $33.5M | ||
| Q3 24 | $48.8M | $14.7M | ||
| Q2 24 | $62.5M | $7.5M | ||
| Q1 24 | $65.4M | $17.1M |
| Q4 25 | $84.0M | $286.7M | ||
| Q3 25 | $85.2M | $308.4M | ||
| Q2 25 | $96.2M | $310.9M | ||
| Q1 25 | $97.4M | $280.7M | ||
| Q4 24 | $98.6M | $280.4M | ||
| Q3 24 | $98.7M | $280.2M | ||
| Q2 24 | $123.8M | $269.7M | ||
| Q1 24 | $138.6M | $265.3M |
| Q4 25 | $542.6M | $-17.3M | ||
| Q3 25 | $552.8M | $-25.7M | ||
| Q2 25 | $548.3M | $-29.0M | ||
| Q1 25 | $530.6M | $-29.7M | ||
| Q4 24 | $554.5M | $-35.6M | ||
| Q3 24 | $540.1M | $-42.8M | ||
| Q2 24 | $532.7M | $-44.6M | ||
| Q1 24 | $515.5M | $-48.5M |
| Q4 25 | $707.1M | $403.2M | ||
| Q3 25 | $732.6M | $407.1M | ||
| Q2 25 | $731.8M | $399.8M | ||
| Q1 25 | $708.7M | $351.9M | ||
| Q4 24 | $746.4M | $349.7M | ||
| Q3 24 | $734.0M | $342.3M | ||
| Q2 24 | $756.8M | $321.4M | ||
| Q1 24 | $763.6M | $319.8M |
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 0.18× | — | ||
| Q1 25 | 0.18× | — | ||
| Q4 24 | 0.18× | — | ||
| Q3 24 | 0.18× | — | ||
| Q2 24 | 0.23× | — | ||
| Q1 24 | 0.27× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.0M | $39.6M |
| Free Cash FlowOCF − Capex | $14.9M | $35.2M |
| FCF MarginFCF / Revenue | 6.2% | 23.0% |
| Capex IntensityCapex / Revenue | 2.1% | 2.9% |
| Cash ConversionOCF / Net Profit | 1.65× | 5.39× |
| TTM Free Cash FlowTrailing 4 quarters | $68.4M | $41.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.0M | $39.6M | ||
| Q3 25 | $33.2M | $10.0M | ||
| Q2 25 | $20.3M | $4.3M | ||
| Q1 25 | $10.1M | $5.6M | ||
| Q4 24 | $16.6M | $26.7M | ||
| Q3 24 | $28.6M | $12.5M | ||
| Q2 24 | $18.7M | $-4.8M | ||
| Q1 24 | $15.0M | $8.9M |
| Q4 25 | $14.9M | $35.2M | ||
| Q3 25 | $27.6M | $5.3M | ||
| Q2 25 | $17.6M | $533.0K | ||
| Q1 25 | $8.4M | $292.0K | ||
| Q4 24 | $13.2M | $21.6M | ||
| Q3 24 | $27.5M | $11.1M | ||
| Q2 24 | $17.6M | $-6.0M | ||
| Q1 24 | $13.7M | $7.4M |
| Q4 25 | 6.2% | 23.0% | ||
| Q3 25 | 10.7% | 3.8% | ||
| Q2 25 | 7.3% | 0.4% | ||
| Q1 25 | 3.8% | 0.2% | ||
| Q4 24 | 6.1% | 17.3% | ||
| Q3 24 | 11.4% | 8.9% | ||
| Q2 24 | 7.8% | -5.0% | ||
| Q1 24 | 6.5% | 6.6% |
| Q4 25 | 2.1% | 2.9% | ||
| Q3 25 | 2.2% | 3.4% | ||
| Q2 25 | 1.1% | 2.9% | ||
| Q1 25 | 0.8% | 4.3% | ||
| Q4 24 | 1.5% | 4.0% | ||
| Q3 24 | 0.5% | 1.2% | ||
| Q2 24 | 0.5% | 1.0% | ||
| Q1 24 | 0.6% | 1.3% |
| Q4 25 | 1.65× | 5.39× | ||
| Q3 25 | 1.36× | 4.32× | ||
| Q2 25 | 1.02× | 8.39× | ||
| Q1 25 | 0.66× | 1.17× | ||
| Q4 24 | 1.15× | 3.94× | ||
| Q3 24 | 1.33× | 9.70× | ||
| Q2 24 | 1.19× | -0.79× | ||
| Q1 24 | 0.71× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
PMTS
| US Debit And Credit | $128.9M | 84% |
| US Prepaid Debit | $24.4M | 16% |
