Off The Hook Yachts Boosts Inventory Financing Floorplan to $60 Million to Drive Unprecedented Growth in 2026

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.

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

Argus Jan 20 session

+3.40% close to close Open Argus

Details

News Market Reaction – OTH

On Jan 20, the day this news came out, OTH closed 3.40% above the previous close.

Data tracked by StockTitan Argus for the Jan 20 session.

Key Figures

Inventory financing capacity: $60 million Prior floorplan capacity: $25 million Expected 2026 revenue low end: $140 million +1 more

Inventory financing capacity

$60 million

Expanded floorplan facility post-IPO

Prior floorplan capacity

$25 million

Inventory financing before IPO

Expected 2026 revenue low end

$140 million

Management expectation referenced in release

Expected 2026 revenue high end

$145 million

Management expectation referenced in release

Historical Context

5 past events · Latest: Jan 16

5 events

1. Jan 16

   Visibility milestone

   24h Move

   +4.3%

   NYSE Closing Bell appearance tied to IPO and boat show presence.

2. Jan 15

   Strategic partnership

   24h Move

   +14.6%

   Nationwide dealer incentive program with flyExclusive to boost network.

3. Jan 08

   Share repurchase plan

   24h Move

   +11.9%

   Authorization of up to $1.0 million in share buybacks.

4. Jan 05

   Business update

   24h Move

   +2.0%

   Autograph Yacht Group Q4 2025 momentum in luxury yacht sales.

5. Dec 15

   Earnings report

   24h Move

   +15.2%

   Q3 2025 growth and 2026 revenue guidance of $140–$145 million.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

floorplan financing, inventory-backed credit, ipo, ai-driven sales platform

4 terms

floorplan financing financial

"Floorplan financing is a form of inventory-backed credit that enables dealers..."

Floorplan financing is a short-term loan that dealers use to buy and display inventory — typically vehicles, heavy equipment, or big-ticket goods — where each item serves as collateral. Think of it as a rotating credit line a store uses to stock shelves: it preserves dealers’ cash and lets them offer more products, but it also creates interest, fees and repossession risk that can affect a dealer’s profitability and, therefore, investors’ assessments of creditworthiness and cash flow.

inventory-backed credit financial

"Floorplan financing is a form of inventory-backed credit that enables dealers..."

A loan or credit line secured by a company’s unsold goods, where the inventory serves as the lender’s guarantee. Investors should care because it can free up cash for operations or growth but also raises risk: if sales slow or goods lose value the lender can seize inventory, and such financing can add leverage or restrictive terms that affect a company’s financial flexibility.

ipo financial

"more than doubling its floorplan financing from $25 million prior to its IPO."

An initial public offering (IPO) is the process by which a private company sells its shares to the public for the first time, making its ownership available on the stock market. This allows the company to raise money from a wide range of investors to fund growth or other goals. For investors, an IPO offers a chance to buy into a company early in its public journey, potentially benefiting if the company grows in value.

View in glossary

ai-driven sales platform technical

"That momentum is amplified by Off the Hook’s AI-driven sales platform, which helps..."

A software system that uses artificial intelligence to help businesses find, reach and close customers by automating tasks like identifying promising leads, personalizing outreach, and forecasting sales. Investors care because these platforms can boost revenue efficiency, lower sales costs, and scale faster than manual teams—offering clearer paths to higher recurring revenue but also depending on data quality and algorithm reliability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Floorplan more than doubles from $25 million pre-IPO; Increased inventory to support robust year-over-year growth with expected 2026 revenues of $140 to $145 million

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 $60 million, more than doubling its floorplan financing from $25 million prior to its IPO. The expanded facility strengthens Off the Hook’s ability to acquire and carry more high-quality used boat inventory to meet accelerating customer demand and support the Company’s growth strategy in 2026.

“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 $100 million in boat purchases annually at a 5X inventory turn. With a scalable infrastructure spanning technology, wholesale, brokerage, financing, asset recovery, repair, and support yacht services, Off The Hook is well-positioned to lead the evolving $57 billion marine market. Off The Hook’s vertically integrated businesses includes: Autograph Yacht Group, Azure Funding, Boats & Buyers, and We Buy Boats.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What floorplan financing did Off The Hook (OTH) announce on January 20, 2026?

Off The Hook announced an expanded inventory floorplan of $60 million, up from $25 million pre-IPO.

How does the $60M floorplan affect Off The Hook's 2026 growth plans (OTH)?

The company says the larger floorplan increases buying power to carry more inventory, speeding turn times and improving conversion to support 2026 growth.

What revenue guidance did Off The Hook (OTH) provide for 2026?

Off The Hook expects 2026 revenues of $140 million to $145 million.

How does floorplan financing work for Off The Hook (OTH)?

Floorplan financing is inventory-backed credit where the boat serves as collateral; the dealer pays interest while the boat is in inventory and repays principal when sold.

What operational advantages did Off The Hook (OTH) cite from expanding inventory financing?

The company cited broader selection across geographies, faster sales velocity, higher conversion rates, and better buyer-seller matching via its AI platform.