OneSpaWorld Q2 liquidity $54.8M; cash burn $10.9M, 14 ships resumed

ONESPAWORLD HOLDINGS Ltd

2021-Q2 EPS reported -$0.51 revenue$14,745,000

Total liquidity of $54.8M at June 30, 2021 including $41.8M cash and $13.0M credit line.
Cash burn of $10.9M for Q2, $4.1M below expectations; Q3 burn expected $10.0-$12.0M.
14 cruise ships resumed voyages at quarter-end; expects 79 ships sailing by end of September.
42 of 53 destination resort spas open; 779 staff re-embarked, expected 1,383 by September.
Customer spend on resumed ships above 2019 levels; land-based spas generated positive EBITDA.

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