secwatch.observer — SEC 8-K summary
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Issuer:     ONESPAWORLD HOLDINGS Ltd (OSW)
CIK:        0001758488
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000950170-23-003572
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpaWorld reports record Q4 revenue $168.9M, Adjusted EBITDA $20.7M; introduces Q1 2023 guidance
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- Q4 revenue $168.9M (+97% YoY); income from operations $10.7M (vs -$4.0M); Adjusted EBITDA $20.7M (vs $4.8M).
- FY2022 revenue $546.3M (+279% YoY); income from operations $15.1M (vs -$52.1M); Adjusted EBITDA $50.4M (vs -$18.9M).
- Q1 2023 guidance: revenue $170-175M, Adjusted EBITDA $16-18M; FY2023 guidance reiterated: $660-680M revenue, $64-70M Adj. EBITDA.
- Repaid $10M on second lien term loan in Q4, $5M in Feb 2023; $10M remains; total liquidity $53.3M.
- Ended Q4 with 179 cruise ships (177 resumed), 50 destination resorts (48 open); expects 3,663 cruise staff by Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758488/000095017023003572/0000950170-23-003572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758488/000095017023003572/osw-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003572

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer