secwatch.observer — SEC 8-K summary
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Issuer:     ONESPAWORLD HOLDINGS Ltd (OSW)
CIK:        0001758488
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000950170-22-007186
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpaWorld Q1 revenue $87.7M; cash burn $1.9M beats guidance
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- Net revenues of $87.7M for Q1 ended March 31, 2022, fifth consecutive quarter of sequential growth.
- Cash burn of $1.9M, better than prior guidance of $2.0M-$3.0M.
- Total liquidity of $43.9M including $30.9M cash and $13.0M credit facility availability.
- Expects to operate on 174 cruise ships by end of Q3 2022, including 12 new builds this year.
- Reports positive adjusted EBITDA and adjusted net income; expects positive quarterly cash flow from Q2 onward.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758488/000095017022007186/0000950170-22-007186-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758488/000095017022007186/osw-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007186

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