---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-008160"
form_type: "8-K"
ticker: "OSW"
cik: "0001758488"
company_name: "ONESPAWORLD HOLDINGS Ltd"
filed_at: "2022-03-02T23:59:59+00:00"
generated_at: "2026-06-27T02:30:50.861675+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# OneSpaWorld Q4 2021 revenue $68.2M; adj. EBITDA turns positive at $1.3M

## Summary
- Q4 revenue $68.2M vs $6.0M a year ago; net loss narrowed to $31.4M from $51.1M.
- Adjusted EBITDA was $1.3M (positive for first time since pandemic onset) vs -$13.9M in Q4 2020.
- Cash burn $5.3M in Q4; liquidity $45.8M including $13.0M undrawn credit line.
- Ended 2021 with health & wellness centers on 118 active ships; expects 167 by mid-2022 and 100% of contracted ships by Q3 2022.
- Expects slight negative cash burn in Q1 2022, then positive quarterly cash flow from Q2 2022 onward.

## SEC filing metadata
- accession: 0001564590-22-008160
- form_type: 8-K
- ticker: OSW
- cik: 0001758488
- company_name: ONESPAWORLD HOLDINGS Ltd
- filed_at: 2022-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1758488/000156459022008160/0001564590-22-008160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1758488/000156459022008160/osw-8k_20220302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-008160
- JSON: https://secwatch.observer/filing/0001564590-22-008160.json
- Plain text: https://secwatch.observer/filing/0001564590-22-008160.txt

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