Off The Hook YS Inc. 8-K Filings

Off The Hook YS Inc. reported first quarter 2026 revenue of $29.8 million, up 9.6% from $27.2 million a year earlier, driven mainly by a 31.8% increase in pre‑owned boat sales to $27.8 million and record quarterly unit sales of 127 boats. Gross profit rose to $3.2 million, with gross margin improving to 10.7% from 9.9%.

Despite higher sales, the company swung to a net loss of $3.5 million from net income of $0.3 million, as operating expenses climbed to $6.0 million, including sharp increases in salaries, stock‑based compensation of $1.8 million, and other public‑company and growth costs. Adjusted EBITDA fell to a loss of $1.4 million from a positive $0.3 million. Management raised full‑year 2026 revenue guidance to $165–$170 million and completed the Apex Marine acquisition to expand infrastructure in South Florida and support its national marine marketplace strategy.

Off The Hook YS Inc. completed the acquisition of Apex Marine companies on May 13, 2026 for an aggregate purchase price of $5,966,667. The price consisted of $1,200,000 in cash, 679,012 common shares valued at $2.70 per share, and two promissory notes of $2,466,667 and $500,000.

The larger note bears 6.0% annual interest and is amortized over 24 months, while the smaller note is due in 365 days and is non‑interest‑bearing unless in default. The Apex acquisition adds South Florida service, storage, and sales facilities that management says are already generating millions of dollars in annual cost savings and expanding refurbishment capacity and global sales reach.

Off The Hook YS Inc. filed a current report stating it will release its first quarter 2026 financial and operating results on Thursday, May 14, 2026, after the market close. The release will be followed by a live earnings conference call at 4:30 p.m. Eastern time.

Investors can join the call by dialing the listed domestic or international numbers using conference passcode 5863262, or via webcast through the Investor Relations section of the company’s website. The company describes itself as an AI-powered, vertically integrated marine marketplace operating in the $57 billion U.S. marine industry.

Off The Hook YS Inc. filed an 8-K to share a press release announcing a global broker expansion initiative built on a new five-tier recruitment and performance model. The company aims to make boat and yacht brokerage a scalable, high-income career path supported by its AI-powered NextBoat platform.

Off The Hook reports it has nearly tripled both its sales organization and available capital resources since going public, and has also nearly tripled its broker network. The upgraded operating system is designed to track broker performance, manage multi-tier compensation, provide data-driven pricing, match buyers and sellers in real time, and surface inventory opportunities across the network.

The company positions this distributed, technology-enabled marketplace as distinct from traditional location-based marine dealerships, targeting growth in the fragmented U.S. used boat market, which it notes is a $57 billion industry.

Off The Hook YS Inc. filed a current report describing a Regulation FD disclosure and attaching a press release. The company announced two new marina-based offices in East Greenwich, Rhode Island and Cape May, New Jersey to expand its Northeast and Mid-Atlantic presence.

The East Greenwich location will act as New England headquarters, with access to affluent boating areas and supported by maritime professional John Parker. The Cape May office, led by 25-year industry veteran Scott White, is intended to strengthen brokerage coverage along the Jersey Shore and surrounding markets.

Off The Hook YS Inc. announced it has entered into a definitive agreement to acquire Bellhart Marine Group, LLC and its affiliated entities, subject to customary closing conditions and approvals. Bellhart is a well-regarded marine service provider in the Carolinas.

The deal is positioned as a transformational step toward building a “Mega Service & Refit Center” platform in the Carolinas, integrating three key facilities: Cape Fear River Shipyard for heavy service and yacht refits, a Market Street outboard service and repower center, and the expanded Sloop Point Marina dry stack service and sales hub.

By bringing Bellhart’s nearly two decades of service expertise and diesel capabilities in-house, Off The Hook aims to accelerate inventory reconditioning, improve gross margins through lower service costs, increase service capacity, and enhance the consistency of customer experience, complementing its AI-driven marine marketplace and existing East Coast “Mega Hub” footprint.

Off The Hook YS Inc. reported strong 2025 growth but a swing to loss. Revenue rose 21.1% to $119.9 million, with record 426 boats sold and gross profit up 30.6% to $11.5 million. Fourth-quarter revenue grew 25.2% to $37.3 million with 117 boats sold.

The company posted a 2025 net loss of $1.87 million versus $1.0 million net income in 2024, driven by higher operating costs and $1.8 million of stock-based compensation. Off The Hook completed a November 2025 IPO raising about $13.4 million, boosting cash to $12.4 million and working capital to $9.4 million. 2026 revenue guidance increased to $150–$155 million.

Off The Hook YS Inc. reported strong growth for 2025, with record revenue of $119.9 million, up 21.1% from 2024, and 426 boats sold, a 32.7% increase. Fourth quarter revenue rose 25.2% to $37.3 million and boats sold jumped 62.5% to 117.

Gross profit grew to $11.5 million and margin improved to 9.6% from 8.9%, but higher operating expenses tied to growth and becoming a public company led to a net loss of $1.47 million versus prior-year net income of $1.0 million. Adjusted EBITDA declined to $0.5 million from $1.2 million.

The company completed an IPO in November 2025, raising approximately $13.4 million in net proceeds, which helped lift cash to $12.4 million and working capital to $9.4 million as of December 31, 2025. Management increased 2026 revenue guidance to a range of $150 million to $155 million, above the prior $140 million to $145 million outlook.

Off The Hook YS Inc. filed a Form 8-K to share a press release announcing the launch of NextBoat AI, an industry-first artificial intelligence matching platform for boat buyers and sellers. The company plans to debut the technology at the Palm Beach International Boat Show taking place March 25–29.

NextBoat AI uses Off The Hook’s proprietary market data, including off-market opportunities and current inventory, to match consumers with their ideal next boat and update recommendations as new vessels enter the pipeline. Show attendees can test the platform at an interactive display near Dock E and will be entered for a chance to win a new Sea-Doo Spark 2-Seater.

Off The Hook YS Inc. announced it has acquired a strategic waterfront property on the Chesapeake Bay to serve as its new Mid-Atlantic operational hub. The Piney Narrows facility on Kent Island, Maryland, is designed to expand inventory storage, reconditioning, financing, and asset recovery capabilities in a high-density marine market.

The property can store up to 150 boats, allowing the Company to move much of its regional inventory from third-party storage previously averaging about $500 per boat per month. The site includes four office buildings to support brokerage, logistics, and Azure Funding operations and is expected to employ 15–20 yacht brokers. Management expects the hub to help increase annual transaction volume and generate cost savings as Off The Hook continues scaling its vertically integrated, AI-powered marine marketplace.

Off The Hook YS Inc. is informing investors that its management team will participate in the 38th Annual ROTH Conference in Dana Point, California, taking place March 22–24, 2026. At the event, executives plan to hold one-on-one meetings with institutional investors.

The company describes itself as a vertically integrated, AI-powered marine marketplace and a large buyer and seller of used boats in the United States. It intends to discuss its strategy of combining direct boat acquisition, brokerage, online auctions, financing, and marine services to increase transaction speed and margins across the marine transaction lifecycle.

Off The Hook YS Inc. announced an exclusive live investor webinar and Q&A session on March 11, 2026, at 4:15 p.m. ET, hosted by RedChip Companies and featuring CEO Brian John.

The company describes itself as a vertically integrated, AI-powered marine marketplace acting as a market maker in the fragmented $10+ billion U.S. used boat market. It reports approximately $99 million in revenue in fiscal 2024 and $82.6 million in the first nine months of 2025, along with a 51% year-over-year increase in boats sold in the third quarter of 2025. Management plans to discuss how IPO proceeds and a doubling of floorplan capacity, plus the contribution from the APEX business, affect its previously issued 2026 revenue outlook of $140–$145 million and its shift toward a scalable, technology-enabled marine liquidity platform.

Off The Hook YS Inc. filed a current report to highlight an investor webinar discussing its definitive agreement to acquire Apex Marine Group, a South Florida marine service, storage, and sales organization. The company expects Apex to contribute approximately $30 million in annual revenue in 2025 and generate an estimated $3 million in annual cost savings from eliminating third-party service providers and storage fees.

The deal includes four facilities in Miami, Palm Beach, Stuart, and the Florida Keys and is expected to close within approximately 60 days, subject to customary conditions. Management plans to explain how the acquisition supports a centralized South Florida sales and refurbishment hub and complements its AI-powered marine marketplace.

Off The Hook YS Inc. has signed a definitive agreement to acquire APEX, a South Florida marine service, storage, and sales group, for an aggregate purchase price of $5,500,000. The consideration includes $1,833,333.33 in cash, $1,833,333.33 in common stock valued at $2.70 per share (about 670,000 shares), and a secured seller note of $1,833,333.34 bearing 6% interest and maturing three years after closing.

The deal is expected to close in about 60 days, subject to due diligence and customary conditions. APEX brings four South Florida facilities, significant refurbishment and hauling capabilities, and an experienced team. The company expects the integration to improve operational efficiency, reduce third‑party service costs, and support its expanding inventory and global sales network.

Off The Hook YS Inc. filed a current report describing a new commercial step rather than a financial event. The company issued a press release titled “Off The Hook Yachts Expands into the Great Lakes Through Strategic Partnership with Jefferson Beach Yacht Sales,” highlighting an expansion of its yacht business into the Great Lakes region via a strategic partnership.

The report is furnished under Regulation FD, meaning it is intended to provide broad, fair disclosure of this business development. The full details of the partnership and expansion are contained in the attached press release, which appears as Exhibit 99.1 to the report.

Off The Hook YS Inc. reported that board member Robert Gonnelli resigned from its Board of Directors effective January 29, 2026. The company stated that his resignation was not due to any disagreement regarding operations, policies, or practices.

Following his departure, the Board size was reduced to seven directors, and the company does not plan to appoint a replacement at this time.

Off The Hook YS Inc. filed a current report to share that its Off The Hook Yachts business was featured in a New York Post article titled “From Start-Up to New York Stock Exchange”. This is presented as a Regulation FD disclosure, meaning the company is providing broad, equal access to this information.

The company issued a press release about the media feature on January 28, 2026, and attached it as Exhibit 99.1. The disclosure is furnished, not filed, so it is not automatically subject to certain Exchange Act liabilities or incorporated into other securities filings unless specifically referenced.

Off The Hook YS Inc. filed a current report describing a new strategic step for its yacht business. The company issued a press release titled “Off The Hook Yachts Expands into the Caribbean & Latin America Through Strategic Agreement with Puerto Rico’s CFR Yacht Sales”, outlining its expansion into those regions through this agreement.

The press release is furnished as Exhibit 99.1 under a Regulation FD disclosure and is not treated as filed for liability purposes or automatically incorporated into other securities filings.

Off The Hook YS Inc. furnished a current report to highlight a new corporate update shared via press release. On January 20, 2026 the company announced in that release that it is boosting its inventory financing floorplan to $60 million, with the aim of supporting what it describes as unprecedented growth in 2026. This 8-K mainly serves to make that press release available to investors and notes that the information is being provided under Regulation FD and is not deemed filed for liability purposes under the Exchange Act.

Off The Hook YS Inc. filed a current report to share that it issued a press release titled “Off The Hook Yachts to Ring the Closing Bell at the New York Stock Exchange on the Eve of America’s Oldest Boat Show.” The company highlights a ceremonial appearance at the New York Stock Exchange, which can increase public visibility around a major boating event.

The report states that this information is provided under Regulation FD and that the press release is furnished as Exhibit 99.1 rather than filed, meaning it is not subject to certain liability provisions or automatically incorporated into other securities filings.

Off The Hook YS Inc. reported that it issued a press release announcing a new initiative titled “Off The Hook Yachts Launches Nationwide Dealer Incentive Program Through Strategic Partnership with flyExclusive”. This indicates the company is launching a nationwide dealer incentive program in collaboration with flyExclusive, aimed at supporting its dealer network and sales efforts.

The disclosure is made under Regulation FD, and the press release is furnished as Exhibit 99.1, meaning it is provided for informational purposes and is not incorporated into other securities law filings unless specifically referenced.

Off The Hook YS Inc. filed a current report to let investors know it issued a press release titled “Off The Hook Yachts Announces Share Buyback Plan” on January 8, 2026. The company furnished this information under Regulation FD, meaning it is sharing the same update with all investors at the same time. The press release, attached as Exhibit 99.1, describes the company’s share buyback plan, which generally involves a company repurchasing some of its own stock. The company also stated that the information in this section and the exhibit are furnished rather than filed, so they are not subject to certain liability provisions under the securities laws unless specifically incorporated into other filings.

Off The Hook YS Inc. reported that it has issued a new press release titled “Off The Hook Yachts’ Autograph Yacht Group Achieves Substantial Q4 2025 Momentum in Luxury Yacht Sales.” The company states that the announcement relates to performance in its Autograph Yacht Group during the fourth quarter of 2025, highlighting substantial momentum in luxury yacht sales.

The press release, dated January 5, 2026, has been made available as an exhibit to this report, providing more detail on the sales activity and results for the Autograph Yacht Group segment.

Off the Hook YS Inc. furnished a press release announcing its financial results for the third fiscal quarter ended September 30, 2025. The press release, dated December 15, 2025 and attached as an exhibit, also describes recent operational highlights. The company states that this information is furnished rather than filed under securities law, which affects how it is treated for liability and incorporation into other reports.

Off The Hook YS Inc. reported that it has issued a press release announcing the timing of its upcoming financial update. The company plans to release its third quarter 2025 financial and operating results on Monday, December 15, 2025.

The notice is being furnished under Regulation FD, which is intended to ensure that all investors receive material information at the same time. The filing also lists the related press release as an exhibit, along with the cover page interactive data file embedded in the Inline XBRL document.