---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016872"
form_type: "8-K"
ticker: "OSW"
cik: "0001758488"
company_name: "ONESPAWORLD HOLDINGS Ltd"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:23:56.196399+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# OneSpaWorld Q1 revenue $182.5M (+108% YoY), Adj EBITDA $19.3M; FY revenue guidance raised to $710-730M

## Summary
- Revenue of $182.5M, up 108% YoY; income from operations of $11.2M vs loss of $6.4M.
- Adjusted EBITDA of $19.3M vs $2.3M prior year; Q2 2023 guidance Adj EBITDA $18-20M.
- FY 2023 revenue guidance raised to $710-$730M from $660-$680M; Adj EBITDA guidance to $70-$76M.
- Repaid $15M second lien term loan, extinguishing it; warrant exchange reduced public warrants by ~95%.
- Ended Q1 with 179 cruise ships, 51 resort centers; total liquidity of $44M.

## SEC filing metadata
- accession: 0000950170-23-016872
- form_type: 8-K
- ticker: OSW
- cik: 0001758488
- company_name: ONESPAWORLD HOLDINGS Ltd
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758488/000095017023016872/0000950170-23-016872-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758488/000095017023016872/osw-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016872
- JSON: https://secwatch.observer/filing/0000950170-23-016872.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016872.txt

## Key facts
- Earnings Releases
  ONESPAWORLD HOLDINGS Ltd reported the first quarter ended March 31, 2023 results: revenue $182.5 Million. Guidance raised.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $182.5 Million
  - Guidance: raised
  - Result: reported results
  source text: Total Revenues of $182.5 Million, Income from Operations of $11.2 Million and Adjusted EBITDA of $19.3 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1758488/000095017023016872/0000950170-23-016872-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.