Welcome to our dedicated page for Off the Hook YS news (Ticker: OTH), a resource for investors and traders seeking the latest updates and insights on Off the Hook YS stock.
Off The Hook YS Inc. (NYSE American: OTH), also known as Off the Hook Yachts, regularly issues news and updates about its activities in the U.S. pre-owned boat and yacht market. Founded in 2012 and headquartered in Wilmington, North Carolina, the company describes itself as America’s largest buyer and seller of pre-owned boats, operating a vertically integrated marine platform that includes wholesale and brokerage sales, marine financing, yacht services, and asset recovery.
The news flow for Off The Hook YS Inc. covers a range of topics that reflect its operations and strategic priorities. Readers can expect announcements about financial and operating results, including quarterly updates on revenues, boat sales volumes, and other performance metrics. The company also releases information about capital markets events, such as its initial public offering and share repurchase authorizations approved by its board of directors.
Operational updates feature prominently in Off The Hook’s news, including the launch and performance of Autograph Yacht Group, its luxury yacht brokerage division, and developments related to its Azure Funding marine finance business. The company also reports on expansion of its physical footprint, such as the development of new offices in key yachting markets like Jupiter, Florida, and on initiatives that leverage its AI-assisted valuation tools and data-driven sales platform.
In addition, Off The Hook YS Inc. issues press releases about strategic partnerships and programs that are intended to strengthen its national acquisition and brokerage network. Examples include a nationwide dealer incentive program developed through a partnership with a private aviation operator, as well as communications highlighting how tax law changes may affect boat buyers. For investors, brokers, and marine industry participants, following OTH news provides insight into the company’s growth initiatives, technology use, and role in the pre-owned boat and yacht market.
Off The Hook Yachts (NYSE: OTH) signed a definitive agreement to acquire Apex Marine Group, adding four South Florida service, storage, and sales facilities with haul-out capacity up to 150 metric tons and space for vessels to 130 feet. The deal is expected to close in 60 days, pending customary due diligence. The acquisition aims to internalize refurbishment, reduce third-party costs, accelerate turnaround, and create a centralized global sales destination for international buyers and a larger inventory pipeline.
Off The Hook Yachts (NYSE American: OTH) announced a strategic partnership with Jefferson Beach Yacht Sales on Feb 2, 2026, securing a right of first refusal on 100% of JBYS yacht trades to expand its national used-boat platform into the Great Lakes.
The agreement gives Off The Hook immediate access to JBYS's nine Great Lakes and Florida locations and creates a high-velocity pipeline for used boats while avoiding new brick-and-mortar dealership buildouts.
Off The Hook Yachts (NYSE American: OTH) highlighted founder Jason Ruegg's growth of a college side-hustle into a publicly traded company valued at $68M as of Jan. 28, 2026. The company raised $15 million in its IPO, purchases about $100 million of used boats annually, and reports 5x inventory turns.
Off The Hook cites an AI-powered matching platform, in-house financing and inspections, expanded buying power to $60 million, plans for a Florida headquarters, and a workforce target of 1,000 employees by 2027.
Off The Hook Yachts (NYSE: OTH) announced a strategic partnership with CFR Yacht Sales in San Juan, Puerto Rico to expand sourcing and brokerage access into the Caribbean and Latin America. Under the agreement, Off The Hook gains preferred access to CFR’s pre-owned brokerage inventory and facilities and support for sourcing, verifying, and transporting qualifying vessels.
The company highlighted Puerto Rico as a gateway to the region and said the move aligns with an asset-light expansion approach. For the first nine months of 2025, Off The Hook reported $82.6 million revenue (+19.3% YoY) and expects full-year 2026 revenue of $140–$145 million.
Off The Hook Yachts (NYSE: OTH) expanded its inventory floorplan financing to $60 million, up from $25 million pre-IPO, to increase buying capacity for high-quality used boats. The company says the larger facility will allow broader inventory across key geographies and categories, improve conversion rates, faster turn times, and sales velocity, and leverage its AI-driven sales platform and vertically integrated services. Off The Hook provided 2026 revenue expectations of $140 million to $145 million and described floorplan financing as inventory-backed credit where dealers pay interest while boats remain in inventory.
Off The Hook Yachts (NYSE: OTH) will ring the Closing Bell at the New York Stock Exchange on January 20, 2026, marking a public milestone after its November 2025 IPO. The bell-ringing occurs the eve of the New York Boat Show, where Off The Hook will exhibit Jan 21–25, 2026 at Booth #100. The company positions itself as a technology-driven marketplace for pre-owned boats, aiming to scale a historically fragmented marine sector through data-driven execution and national expansion following its listing.
Off The Hook Yachts (NYSE American: OTH) launched a nationwide dealer incentive program via a strategic partnership with flyExclusive (NYSE American: FLYX) on January 15, 2026. The performance‑based program lets eligible dealers earn private aviation flight hours to deepen dealer engagement, accelerate transaction volume, and boost Off the Hook’s national acquisition and brokerage network. The company says rollout will begin this quarter and aims to expand intake across ~1 million annual U.S. pre‑owned boat transactions (an estimated $10 billion market).
Off The Hook Yachts (NYSE: OTH) on January 8, 2026 authorized a share repurchase program permitting the company to buy back up to $1.0 million of its outstanding common stock from time to time. Repurchases will be made at management's discretion and may be suspended or discontinued. The company expects to fund any repurchases from existing cash on hand and future cash flows while continuing to prioritize investments in inventory expansion, technology, and strategic real estate and operations.
Off The Hook YS (NYSE: OTH) reported initial traction for its luxury brokerage division Autograph Yacht Group, launched in October 2025. In its first quarter, Autograph compiled about $100 million in listings and closed 22 deals totaling ~$35 million, adding brokerage commission revenue to the company's results.
The boutique Florida team (nine brokers, >100 years combined experience) focuses on yachts from $500,000 to $20 million+ and leverages Off The Hook’s proprietary AI-driven wholesale trading engine plus Azure Funding marine finance to enable trade-ins, accelerate inventory turns, and support pricing accuracy and deal velocity.
Off The Hook Yachts (NYSE: OTH) reported third-quarter 2025 results with Q3 revenue of $24.0 million and record nine-month revenue of $82.6 million (up 19.3% YoY). The company sold 112 boats in Q3 (up 51.1% YoY) and recorded Q3 gross profit of $3.0 million and nine-month gross profit of $8.4 million (up 20.8% YoY). Adjusted EBITDA was $0.5 million in Q3 and nine-month adjusted EBITDA was $2.6 million. Off The Hook completed its IPO on Nov 14, 2025, raising $15 million and issued 2026 revenue guidance of $140–$145 million.