secwatch.observer — SEC 8-K summary
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Issuer:     ONESPAWORLD HOLDINGS Ltd (OSW)
CIK:        0001758488
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000950170-24-088227
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneSpaWorld Q2 rev $224.9M (+12%), raises FY guidance, initiates dividend
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- Q2 revenue $224.9M (+12% YoY); income from operations $18.8M (+40%); adjusted EBITDA $27.1M (+25%).
- Unlevered after-tax free cash flow $23.8M (+18% YoY); conversion rate 88%.
- FY2024 revenue guidance raised to $870-$890M; adjusted EBITDA guidance raised to $102-$108M.
- Board authorized annual cash dividend (amount TBD); cash $63.7M after $15M debt repayment.
- Ended Q2 with 197 ships (avg 188), 52 resorts, 4,300 staff.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758488/000095017024088227/0000950170-24-088227-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758488/000095017024088227/osw-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-088227

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