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Dec 31, 2020
OneSpaWorld Q4 2020 Earnings Report
OneSpaWorld's Q4 2020 performance was materially impacted by the global COVID-19 pandemic, with revenue primarily related to destination resort spas and e-commerce sales.
Key Takeaways
OneSpaWorld reported a significant decrease in total revenues for Q4 2020 due to the global COVID-19 pandemic. Total revenues were $3.8 million, compared to $139.4 million in Q4 2019. The company ended the year with $56.4 million in liquidity and expects to sustain operations through March 2022 with no significant voyages.
Total revenues decreased to $3.8 million from $139.4 million year-over-year due to the COVID-19 pandemic.
Net loss attributable to OneSpaWorld was $28.0 million, compared to a net income of $1.1 million in Q4 2019.
Adjusted EBITDA was ($15.4) million, compared to $13.0 million in Q4 2019.
The company ended the year with $56.4 million in liquidity and expects to sustain operations through March 2022.
Forward Guidance
The Company is not providing financial guidance due to the ongoing business disruption and substantial uncertainty surrounding the impact of the COVID-19 pandemic on its business.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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