OneSpaWorld Q2 revenues up 57% to $200.5M; raises FY2023 guidance

ONESPAWORLD HOLDINGS Ltd

2023-Q2 EPS reported -$0.20 revenue$382,968,000

Revenue $200.5M vs $127.4M YoY; income from operations record $13.4M (up $12.4M).
Adjusted EBITDA record $21.6M (more than doubled) from $9.1M in Q2 2022.
FY2023 revenue guidance raised to $770-790M (from $710-730M); EBITDA guidance to $80-86M (from $70-76M).
Repaid final $5M on second lien term loan and $15.5M on first lien; liquidity $50.0M.
New agreement with Crystal Cruises to operate health & wellness centers aboard its ships.

item 2.02 item 8.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ONESPAWORLD HOLDINGS Ltd reported the second quarter ended June 30, 2023 results: revenue $200.5 Million. Guidance raised.

Period: the second quarter ended June 30, 2023
Revenue: $200.5 Million
Guidance: raised
Result: reported results

Exact text from the filing

OneSpaWorld Reports Second Quarter Fiscal 2023 Results Total Revenues of $200.5 Million, Income from Operations of $13.4 Million and Adjusted EBITDA of $21.6 Million

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Source: SEC EDGAR

accession 0000950170-23-036765

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