Off The Hook Yachts Boosts Inventory Financing Floorplan to $60 Million to Drive Unprecedented Growth in 2026
Rhea-AI Summary
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.
Positive
- Floorplan increased from $25M to $60M
- 2026 revenue outlook of $140M–$145M
- Broader inventory enabling faster turns and higher conversion
- AI-driven sales platform to accelerate matching and transactions
- Vertically integrated upsells (financing, insurance, warranties)
Negative
- Higher carrying costs due to increased inventory levels
- Interest expense incurred while boats remain in inventory
Key Figures
Market Reality Check
Peers on Argus
No peers in the provided ship & boat building group showed momentum flags or same-day headlines, indicating this inventory financing expansion appears stock-specific rather than part of a sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 16 | Visibility milestone | Positive | +4.3% | NYSE Closing Bell appearance tied to IPO and boat show presence. |
| Jan 15 | Strategic partnership | Positive | +14.6% | Nationwide dealer incentive program with flyExclusive to boost network. |
| Jan 08 | Share repurchase plan | Positive | +11.9% | Authorization of up to <b>$1.0 million</b> in share buybacks. |
| Jan 05 | Business update | Positive | +2.0% | Autograph Yacht Group Q4 2025 momentum in luxury yacht sales. |
| Dec 15 | Earnings report | Positive | +15.2% | Q3 2025 growth and 2026 revenue guidance of <b>$140–$145 million</b>. |
Recent news tied to growth initiatives, financial milestones, and capital actions has consistently coincided with positive next-day price reactions for OTH.
Over the past few months, Off The Hook Yachts has reported Q3 2025 revenue of $24.0 million and record nine‑month revenue of $82.6 million with 19.3% YoY growth, completed an IPO raising $15 million, launched its Autograph Yacht Group with about $100 million in listings, and authorized a $1.0 million share repurchase plan. Subsequent partnership and visibility events all saw positive price reactions, and today’s inventory financing expansion aligns with that growth-focused trajectory.
Market Pulse Summary
This announcement expands Off The Hook’s inventory financing capacity to $60 million, more than doubling its pre‑IPO floorplan of $25 million to support expected 2026 revenue of $140–$145 million. It reinforces a strategy centered on higher inventory availability, AI‑driven matching, and value‑added services. When assessing impact, investors may track inventory turns, margins from ancillary services, and how this capacity interacts with the company’s post‑IPO growth initiatives and recent share repurchase authorization.
Key Terms
ipo financial
AI-generated analysis. Not financial advice.
Floorplan more than doubles from
Wilmington, NC, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE American: OTH) (“Off the Hook Yachts” or “Off the Hook” or “the Company”), America's largest buyer and seller of pre-owned boats, today announced it has expanded its inventory financing capacity to
“Becoming a publicly traded company was a strategic step toward building a stronger balance sheet and expanding our access to capital,” said Brian John, CEO of Off the Hook. “A larger floorplan gives us more than double the buying power we had prior to the IPO, so we can acquire more of the right used boats, faster while maintaining the flexibility to scale inventory and drive growth as we move into 2026.”
With greater floorplan capacity, Off the Hook expects to carry a broader selection across key geographies and boat categories, increasing the likelihood that customers find the right boat at the right price, sooner. More inventory also supports higher conversion rates, faster turn times, and improved sales velocity. That momentum is amplified by Off the Hook’s AI-driven sales platform, which helps seamlessly match buyers and sellers and accelerate decision-making across the transaction lifecycle. In addition, Off the Hook’s vertically integrated model enables multiple value-added upsells on each sale, including customer financing, insurance, warranties, and other services designed to improve the customer experience while expanding margin opportunity.
Floorplan financing is a form of inventory-backed credit that enables dealers to purchase boats and hold them for sale without paying the full cost upfront. In marine retail, the boat itself typically serves as collateral; the dealer pays interest while the boat is in inventory and repays the principal when the boat is sold.
About Off The Hook YS Inc.
Founded in 2012, Off The Hook YS Inc., America’s largest buyer and seller of pre-owned boats, is a vertically integrated marine platform transforming how a market of ~1 million used boats and yachts are bought, sold, and financed across the U.S. annually. The Company’s proprietary AI-powered systems and national acquisition model drive unmatched speed, efficiency, and transparency leading to its acquisition of more than
Contact
Off The Hook YS Inc.
Chad Corbin, Chief Financial Officer
chadcorbin@offthehookys.com
Investor Relations
ir@offthehookys.com
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Off The Hook YS Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Off The Hook YS Inc. undertakes no duty to update such information except as required under applicable law.
FAQ
What floorplan financing did Off The Hook (OTH) announce on January 20, 2026?
How does the $60M floorplan affect Off The Hook's 2026 growth plans (OTH)?
What revenue guidance did Off The Hook (OTH) provide for 2026?
How does floorplan financing work for Off The Hook (OTH)?
What operational advantages did Off The Hook (OTH) cite from expanding inventory financing?
