FY 2022. Gross margin is calculated pursuant to GAAP as total revenue less total cruise operating expense and ship depreciation. Hi, To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Norwegian Cruise Line Holdings' Benefits Program includes: Medical, Dental and Vision plans; Company Paid Life Insurance Plan; Supplemental Life and Dependent Life Insurance The Company has not provided reconciliations between the Companys 2023 guidance and the most directly comparable GAAP measures because it would be too difficult to prepare a reliable U.S. GAAP quantitative reconciliation without unreasonable effort. In February 2023, the Company issued $600 million of aggregate principal amount of 8.375% senior secured notes due 2028 in a refinancing transaction. DocHub v5.1.1 Released! 2022 was an eventful year, as we successfully completed our nearly yearlong Great Cruise Comeback, welcomed our newest ship Norwegian Prima to our world class fleet and achieved several key milestones on our post-pandemic financial recovery, said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. We are now squarely focused on the future and are taking deliberate and strategic actions to best position the Company for its next chapter, which includes an industry-leading growth profile representing approximately 50% Capacity growth over 2019.. This is not an expressed or implied guarantee of benefits. Fourth Quarter and Full Year 2022 Financial Results Conference Call, Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results, CELEBRITY CHEF GIADA DE LAURENTIIS NAMED GODMOTHER OF OCEANIA CRUISES' NEW SHIP VISTA, Norwegian Cruise Line Holdings to Hold Conference Call on Fourth Quarter and Full Year 2022 Financial Results, OCEANIA CRUISES SHOWCASES THE NATURAL WONDERS OF ALASKA'S "LAST FRONTIER" FROM A NEW PERSPECTIVE WITH AUTHENTIC, LOCALLY CURATED TRAVEL EXPERIENCES LED BY COMMUNITY MEMBERS, Regent Seven Seas Cruises and Shipbuilders Fincantieri Celebrate Float Out of Seven Seas Grandeur, NCL Corporation Ltd. Government taxes and fees are additional. Find out as I spill the tea on Norwegian Cruise Line's (NCL) shareholder benefit program. Passenger Cruise Days. Net Cruise Cost less fuel expense. One of my favorite perks of cruising is getting free onboard creditoften abbreviated to OBC when I book during certain sales. We now own a tiny piece of NCL, and have already had a credit applied to our upcoming cruise. Thanks for the info! Of course, each stateroom key card is assigned to a specific passenger and also acts as ID and your way of making purchases on board. (4) Losses on extinguishments and modifications of debt are primarily included in interest expense, net. Your form should include your name, address, email and phone number, along with your sailing date and the ship youre sailing on. The Company is currently in the process of securing additional export-credit agency backed financing to cover the above costs. This compares to Adjusted Net Loss and Adjusted EPS of $(2.9) billion and $(8.07), respectively, in 2021. Hi Jerry, I'm sorry to hear about your experience with the NCL shareholder benefit. Debuting in 2025, Allura is the eighth vessel for the line and will be the sister ship to Vista, which sets sail in May 2023. I think there has been a mistake made on my Shareholder benefit .We we're credited $100.00 instead of the $250.00 on our 15 day cruise. Make sure you know these exclusions before you assume youre covered (and stuck with an unexpected bill). Booking volumes have accelerated in recent months buoyed by strong WAVE season demand. Save my name, email, and website in this browser for the next time I comment. Each parent owns at least 100 shares of NCL stock, but youd like to actually sleep in the same room as your spouse or partner. Generally accepted accounting principles in the U.S. It owns Norwegian, Oceania, and Regent Seven Seas cruise lines. HomeBlogCruise Tips Cruise News Cruise DestinationsAboutContactResourcesFeatured PressPrivacy PolicyCookie PolicyDisclosure PolicyTerms of Use. See Terminology for the definitions of these and other non-GAAP financial measures. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law. You cant use it towards your cruise balance or for gratuities, and you cant transfer your credit to another person or another cruise. 17 Station St., Ste 3 Brookline, MA 02445. A replay of the conference call will also be available on the website for 30 days after the call. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'shouldbecruising_com-narrow-sky-1','ezslot_21',609,'0','0'])};__ez_fad_position('div-gpt-ad-shouldbecruising_com-narrow-sky-1-0');There are tons of ways you can use your free onboard credit for owning Norwegian stock on a cruise. Non-newbuild capital expenditures for the fourth quarter of 2022 were $89million. Offer is valid only for new reservations made on or after January 7, 2019. She has worked in the cruise industry since 2015 and has taken over 20 cruises. Then, contact one with a best-price guarantee and have them beat it! The benefit has to be claimed in advance. signNow combines ease of use, affordability and security in one online tool, all without forcing extra software on you. (2) Non-cash deferred compensation expenses related to the crew pension plan and other crew expenses are included in payroll and related expense. $100 onboard credit per stateroom on sailings of 7 to 14 days. MIAMI, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (together with NCL Corporation Ltd., "Norwegian Cruise Line Holdings", "Norwegian" or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2022 and provided guidance for the first quarter and full year 2023. $250 onboard credit per stateroom on sailings of 15 days or more. What Percent of the Population Makes Over $300K? Net cash provided by (used in) operating activities. Revenue increased to $1.5 billion compared to $487.4 million in fourth quarter 2021 due to the phased ramp up of cruise voyages. The Company reported Adjusted Net Loss of $(439.7) million or Adjusted EPS of $(1.04) in 2022. The Company does not currently intend to draw the remaining $650 million under the commitment. James . F: 305-436-4140, Jessica John Vice President of Investor Relations, ESG & Corporate Communications T: 305-468-2339, 7665 Corporate Center Drive Miami, FL 33126 InvestorRelations@nclcorp.com, American Stock Transfer & Trust Company, LLC 6201 - 15th Avenue Brooklyn, NY 11219 T: 718-921-8124. Should Be Cruising is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. The following table sets forth selected statistical information: (1) Excludes certain capacity on Pride of America which was temporarily unavailable in 2022. The number of passengers carried for the period, multiplied by the number of days in their respective cruises. Oops! Back to the shareholder topic, my husband is a shareholder and submitted the form on Friday for our March 5th 2022 sailing. 04/02/2018. We have a few cruises booked over the next 12 months, and I hope I can get OBC for all of them. Adjusted EPS. It cannot be applied towards an unpaid cruise balance. Norwegian Cruise Line Holdings' Benefits Program includes: Medical, Dental and Vision plans. Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The amount of the benefit varies with the length of your cruise and cruise line. You then need to send your form to the cruise line, either via email or in the mail. . Unline with Carnival shareholder benefits which require 4 weeks of notice to claim, according to the NCLH terms and conditions, you have to apply at least 15 days before your cruise. Fuel price per metric ton, net of hedges, increased to $755 from $737 in 2021. Cautionary Statement Concerning Forward-Looking Statements. Please see a historical reconciliation of these measures to the most comparable GAAP measure presented in our consolidated financial statements below. Norwegian Cruise Line Holdings Ltd.
Effect of a 1% change in Net Yield on Adjusted EBITDA / Adjusted EPS, Effect of a 1% change in Adjusted Net Cruise Cost Excluding Fuel per Capacity Day on Adjusted EBITDA / Adjusted EPS, Amount realized and reclassified into earnings, Ordinary shares, $0.001 par value; 980,000,000 shares authorized; and 421,413,565 shares, issued and outstanding at December31,2022 and 416,891,915 shares issued and, Accumulated other comprehensive income (loss), Total liabilities and shareholders' equity. Hi, is there a limit to how many times you can get the onboard credit per year? NORWEGIAN CRUISE LINE HOLDINGS LTD. IS THRILLED TO OFFER OUR SHAREHOLDERS THE FOLLOWING BENEFITS: $250 Onboard Credit per Stateroom on Sailings of 15 Days or More.$100 Onboard Credit per Stateroom on Sailings of 7 to 14 Days.$50 Onboard Credit per Stateroom on Sailings of 6 Days or Less. Im so glad youre here! Our non-GAAP financial measures may not be comparable to other companies. Just curious, how is the cruise you're going on described on the NCL website? A process whereby a ship is positioned in a large basin where all of the fresh/sea water is pumped out in order to carry out cleaning and repairs of those parts of a ship which are below the water line. GAAP net loss was $(482.5) million or EPS of $(1.14) compared to net loss of $(1.6) billion or EPS of $(4.01) in the prior year. Fill out this application, provide proof of ownership of the shares, then e-mail or mail the form to one of the following: Norwegian Cruise Line Shareholder Benefit Department, 7665 Corporate Center Drive Miami, FL 33126, Oceania CruisesShareholder Benefit Department, Regent Seven Seas Cruises Shareholder Benefit Department, 1401 NW 136th Avenue, Suite 101 Sunrise, FL 33323. Type text, add images, blackout confidential details, add comments, highlights and more. RT=Real-Time, EOD=End of Day,
Find addresses for the other brands and facts about the program on the company's investor website. Additionally, many of these risks and uncertainties are currently amplified by and will continue to be amplified by, or in the future may be amplified by, the COVID-19 pandemic, Russias invasion of Ukraine and the impact of general macroeconomic conditions. But did you know that you can get even more free onboard credit every time you book a cruise on Norwegian or any other cruise line owned by Norwegian Cruise Line Holdings? If you own Norwegian Cruise Line shares with another passenger in your stateroom, youre only eligible for one OBC per cruise. Adjusted Gross Margin and Net Per Diem were calculated as follows (in thousands, except Passenger Cruise Days and per Passenger Cruise Day data): Gross Cruise Cost, Net Cruise Cost, Net Cruise Cost Excluding Fuel and Adjusted Net Cruise Cost Excluding Fuel were calculated as follows (in thousands, except Capacity Days and per Capacity Day data): Net Cruise Cost Excluding Fuel per Capacity Day, Adjusted Net Cruise Cost Excluding Fuel per Capacity Day. Norwegian Cruise Line Ships Ranked Best To Worst, The Newest Norwegian Cruise Line Ships (In Order), https://d1io3yog0oux5.cloudfront.net/nclhltd/files/documents/Shareholder+Benefit+Offer.pdf, $250 onboard credit to spend per stateroom on sailings of 15 days or more, $100 onboard credit to spend per stateroom on sailings from 7 to 14 days, $50 onboard credit to spend per stateroom on sailings of 6 days or fewer. 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