earnings
confidence medium
sentiment positive
materiality 0.70
OneSpaWorld Q3: ships resumed to 78, cash burn $12.7M, Azamara contract extended
ONESPAWORLD HOLDINGS Ltd
2021-Q3 EPS reported
-$0.64
revenue$58,380,000
- Total liquidity $47.6M including $34.6M cash; cash burn $12.7M in Q3, expected $8-10M in Q4.
- 78 cruise ships resumed voyages by Sep 30 (14 in Q2); 118 expected by year-end, all ships by Q3 2022.
- Azamara contract extended through early 2026 covering all ships sailing during term.
- Highest ever penetration rate of cruise guests; pre-booking and spend exceeded 2019 levels.
- London Wellness Academy reopened; ~300 students trained since reopening.