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Side-by-side financial comparison of ONESPAWORLD HOLDINGS Ltd (OSW) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $188.3M, roughly 1.3× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 5.0%, a 43.0% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs -21.9%). Over the past eight quarters, ONESPAWORLD HOLDINGS Ltd's revenue compounded faster (7.1% CAGR vs -15.4%).
OSW vs RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $242.1M | $188.3M |
| Net Profit | $12.1M | $90.3M |
| Gross Margin | — | 79.5% |
| Operating Margin | 6.8% | 32.3% |
| Net Margin | 5.0% | 47.9% |
| Revenue YoY | 11.5% | -21.9% |
| Net Profit YoY | -16.2% | 1710.8% |
| EPS (diluted) | $0.12 | $2.78 |
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 | $188.3M | ||
| Q3 25 | $258.5M | $215.3M | ||
| Q2 25 | $240.7M | $188.2M | ||
| Q1 25 | $219.6M | $197.2M | ||
| Q4 24 | $217.2M | $241.0M | ||
| Q3 24 | $241.7M | $225.5M | ||
| Q2 24 | $224.9M | $256.0M | ||
| Q1 24 | $211.2M | $263.4M |
| Q4 25 | $12.1M | $90.3M | ||
| Q3 25 | $24.3M | $91.1M | ||
| Q2 25 | $19.9M | $139.5M | ||
| Q1 25 | $15.3M | $-10.0M | ||
| Q4 24 | $14.4M | $-5.6M | ||
| Q3 24 | $21.6M | $-284.4M | ||
| Q2 24 | $15.8M | $-433.6M | ||
| Q1 24 | $21.2M | $-49.2M |
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | 6.8% | 32.3% | ||
| Q3 25 | 10.2% | 30.4% | ||
| Q2 25 | 9.2% | 5.7% | ||
| Q1 25 | 7.7% | -31.2% | ||
| Q4 24 | 7.9% | -69.2% | ||
| Q3 24 | 10.3% | -36.4% | ||
| Q2 24 | 8.4% | -90.8% | ||
| Q1 24 | 8.0% | -6.1% |
| Q4 25 | 5.0% | 47.9% | ||
| Q3 25 | 9.4% | 42.3% | ||
| Q2 25 | 8.3% | 74.1% | ||
| Q1 25 | 7.0% | -5.1% | ||
| Q4 24 | 6.6% | -2.3% | ||
| Q3 24 | 8.9% | -126.1% | ||
| Q2 24 | 7.0% | -169.4% | ||
| Q1 24 | 10.0% | -18.7% |
| Q4 25 | $0.12 | $2.78 | ||
| Q3 25 | $0.23 | $2.91 | ||
| Q2 25 | $0.19 | $4.50 | ||
| Q1 25 | $0.15 | $-0.39 | ||
| Q4 24 | $0.13 | $-0.01 | ||
| Q3 24 | $0.20 | $-9.39 | ||
| Q2 24 | $0.15 | $-14.35 | ||
| Q1 24 | $0.21 | $-1.71 |
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 | $226.6M |
| Total DebtLower is stronger | $84.0M | $1.4B |
| Stockholders' EquityBook value | $542.6M | $-171.5M |
| Total Assets | $707.1M | $1.7B |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $16.3M | $226.6M | ||
| Q3 25 | $29.6M | $184.2M | ||
| Q2 25 | $35.0M | $267.4M | ||
| Q1 25 | $22.6M | $138.3M | ||
| Q4 24 | $57.4M | $146.9M | ||
| Q3 24 | $48.8M | $159.2M | ||
| Q2 24 | $62.5M | $236.9M | ||
| Q1 24 | $65.4M | $190.7M |
| Q4 25 | $84.0M | $1.4B | ||
| Q3 25 | $85.2M | $1.3B | ||
| Q2 25 | $96.2M | $1.3B | ||
| Q1 25 | $97.4M | $1.4B | ||
| Q4 24 | $98.6M | $1.5B | ||
| Q3 24 | $98.7M | — | ||
| Q2 24 | $123.8M | — | ||
| Q1 24 | $138.6M | — |
| Q4 25 | $542.6M | $-171.5M | ||
| Q3 25 | $552.8M | $-260.5M | ||
| Q2 25 | $548.3M | $-351.7M | ||
| Q1 25 | $530.6M | $-496.8M | ||
| Q4 24 | $554.5M | $-488.2M | ||
| Q3 24 | $540.1M | $-497.6M | ||
| Q2 24 | $532.7M | $-218.3M | ||
| Q1 24 | $515.5M | $228.4M |
| Q4 25 | $707.1M | $1.7B | ||
| Q3 25 | $732.6M | $1.7B | ||
| Q2 25 | $731.8M | $1.5B | ||
| Q1 25 | $708.7M | $1.5B | ||
| Q4 24 | $746.4M | $1.8B | ||
| Q3 24 | $734.0M | $2.2B | ||
| Q2 24 | $756.8M | $3.2B | ||
| Q1 24 | $763.6M | $5.0B |
| 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 | $26.2M |
| Free Cash FlowOCF − Capex | $14.9M | — |
| FCF MarginFCF / Revenue | 6.2% | — |
| Capex IntensityCapex / Revenue | 2.1% | — |
| Cash ConversionOCF / Net Profit | 1.65× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $68.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $20.0M | $26.2M | ||
| Q3 25 | $33.2M | $-60.6M | ||
| Q2 25 | $20.3M | $-25.6M | ||
| Q1 25 | $10.1M | $184.0K | ||
| Q4 24 | $16.6M | $-2.7M | ||
| Q3 24 | $28.6M | $19.5M | ||
| Q2 24 | $18.7M | $111.5M | ||
| Q1 24 | $15.0M | $135.4M |
| Q4 25 | $14.9M | — | ||
| Q3 25 | $27.6M | — | ||
| Q2 25 | $17.6M | — | ||
| Q1 25 | $8.4M | — | ||
| Q4 24 | $13.2M | — | ||
| Q3 24 | $27.5M | — | ||
| Q2 24 | $17.6M | — | ||
| Q1 24 | $13.7M | — |
| Q4 25 | 6.2% | — | ||
| Q3 25 | 10.7% | — | ||
| Q2 25 | 7.3% | — | ||
| Q1 25 | 3.8% | — | ||
| Q4 24 | 6.1% | — | ||
| Q3 24 | 11.4% | — | ||
| Q2 24 | 7.8% | — | ||
| Q1 24 | 6.5% | — |
| Q4 25 | 2.1% | — | ||
| Q3 25 | 2.2% | — | ||
| Q2 25 | 1.1% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 1.5% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.6% | — |
| Q4 25 | 1.65× | 0.29× | ||
| Q3 25 | 1.36× | -0.66× | ||
| Q2 25 | 1.02× | -0.18× | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 1.15× | — | ||
| Q3 24 | 1.33× | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 0.71× | — |
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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
