Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · OneSpaWorld Holdings Limited (OSW)

OneSpaWorld Q4 revenue rises 15% to $194.8 million; net loss widens to $7.3 million

Mixed Impact 3 of 5 earnings Written later

OneSpaWorld reported fourth quarter 2023 revenue up 15% to $194.8 million and full-year revenue up 45% to $794.0 million, with Adjusted EBITDA up 13% in the quarter and 77% for the year. GAAP results were weaker: the company posted a fourth-quarter net loss of $7.3 million and a full-year net loss of $3.0 million, compared with a full-year net income of $53.2 million in 2022, largely due to changes in the fair value of warrant liabilities and a $5.4 million deleveraging fee. The company reaffirmed its fiscal 2024 guidance and gave first-quarter 2024 guidance.

Key points

  • Q4 2023 revenue $194.8 million, up 15% from $168.9 million; net loss $7.3 million, or $0.07 per diluted share, versus a $2.3 million net loss in Q4 2022
  • Full-year 2023 revenue $794.0 million, up 45%; net loss $3.0 million, or $0.03 per diluted share, versus net income of $53.2 million in 2022
  • Warrant liability fair value change was a $10.8 million loss in Q4 2023 and a $37.6 million loss for the year; a $5.4 million deleveraging fee was also recorded
  • Guidance: Q1 2024 revenue $204-209 million and Adjusted EBITDA $21.5-23.5 million; fiscal 2024 revenue $850-870 million and Adjusted EBITDA $90-100 million, reaffirmed

The filing

CompanyOneSpaWorld Holdings Limited (OSW)
Form8-K, current report
Filed with the SECFeb 28, 2024, 7:00 AM ET
Accession number0000950170-24-021641

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 28, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.