Selina Hospitality Plc(SLNA)
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Selina Hospitality Plc(SLNA) - 2023 Q2 - Quarterly Report
2023-06-27 12:25
Exhibit 99.9 Private & Confidential Execution Version Dated 26 June 2023 THE PARI PASSU CREDITORS SELINA HOSPITALITY PLC as Parent SELINA MANAGEMENT COMPANY UK LTD as Company THE INTRA-GROUP LENDERS THE GUARANTORS LUDMILIO LIMITED as Collateral Agent INTERCREDITOR AGREEMENT TA B L E O F C O N T E N T S | P | a | g | e | 1. | D | e | fi | n | i | t | i | o | n | s | a | n | d | I | n | t | e | rp | r | e | t | a | t | i | o | n | 2 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...
Selina Hospitality Plc(SLNA) - 2023 Q1 - Quarterly Report
2023-05-03 20:06
Financial Performance - Total revenue for FY 2022 was $183.9 million, an increase of 98.3% compared to FY 2021, driven by new bedspaces and higher occupancy rates [4]. - Adjusted EBITDA for FY 2022 was $(14.5) million, an improvement of 77.2% compared to $(25.7) million in FY 2021 [4]. - Net loss for 2022 was $198.1 million, compared to a net loss of $185.7 million in 2021 [24]. - Free Cash Flow Before Debt Service for 2022 was $(72.8) million, worsening from $(47.2) million in 2021 [26]. - Selina Hospitality PLC reported a significant increase in revenue, reaching $100 million for Q1 2023, representing a 25% year-over-year growth [28]. - The company has set a revenue guidance of $450 million for the full year 2023, reflecting a 20% growth target [28]. Occupancy and Property Growth - Occupancy rate improved to 47.5% in FY 2022, up from 32.9% in FY 2021, representing a 44.4% increase [5]. - Selina opened 18 new properties in 2022, ending the year with 118 properties and 29,600 bedspaces, a 27% increase from the previous year [12]. - The number of opened properties increased to 118 in 2022 from 100 in 2021, representing an 18% growth [23]. Revenue Metrics - Total annualized revenue per bedspace increased to $6,547 in FY 2022, up 55.2% from $4,219 in FY 2021 [5]. - Average daily revenue per occupied bed (TRevPOB) rose to $52.60, a 14% increase from $45.86 in 2021 [23]. - Total daily revenue per occupied bedspace (TRevPOBs) increased to $37.76 in 2022, compared to $35.13 in 2021 [23]. - Selina's EBITDA margin improved to 15%, up from 10% in the same period last year, indicating enhanced operational efficiency [28]. - The company reported a 15% increase in average daily rates (ADR) across its properties, contributing to overall revenue growth [28]. Cash and Capital Management - As of December 31, 2022, Selina had total cash and cash equivalents of $47.7 million [12]. - Cash and cash equivalents at the end of 2022 were $47.7 million, up from $21.9 million at the start of the year [21]. - Selina has secured $300 million in capital commitments from third-party real estate partners for future property acquisitions and conversions [12]. Future Outlook and Strategy - The company aims for annual revenue growth of 30% to 40% in 2023, along with achieving positive Adjusted EBITDA and operating cash flow [10]. - The company expects to achieve positive adjusted EBITDA and operating cash flow in 2023, with plans for further expansion [27]. - The company plans to expand its market presence by opening 10 new locations in key urban areas by the end of 2023 [28]. - Selina is exploring strategic partnerships and potential acquisitions to bolster its service offerings and market reach [28]. - Selina is investing $5 million in new technology development aimed at enhancing customer experience and operational capabilities [28]. Customer Engagement and Sustainability - The company achieved a total of 50,000 active users, marking a 30% increase compared to the previous quarter [28]. - Selina's customer retention rate improved to 75%, indicating strong user satisfaction and loyalty [28]. - The company is focusing on sustainability initiatives, with plans to reduce carbon emissions by 30% by 2025 [28].
Selina Hospitality Plc(SLNA) - 2022 Q4 - Annual Report
2023-04-28 20:55
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F [Mark One] o REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ____________________________ OR o SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company r ...