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The latest update is out from Off The Hook YS Inc. ( (OTH) ).
On January 20, 2026, Off The Hook YS Inc. announced it has expanded its inventory financing floorplan to $60 million, more than doubling the $25 million level in place before its IPO, in a move aimed at supporting strong year-over-year growth and higher anticipated 2026 revenues. The enlarged facility is intended to allow the company to carry more and broader used-boat inventory across key geographies and categories, improve sales velocity and conversion through faster matching of buyers and sellers on its AI-driven sales platform, and further monetize its vertically integrated model via upsells such as financing, insurance, warranties and other services, potentially strengthening its competitive position and enhancing margin opportunities in the U.S. marine retail market.
More about Off The Hook YS Inc.
Founded in 2012, Off The Hook YS Inc. is a vertically integrated U.S. marine platform and the country’s largest buyer and seller of pre-owned boats, using proprietary AI-powered systems and a national acquisition model to trade in a market of roughly 1 million used boats and yachts annually. The company operates across technology, wholesale, brokerage, financing, asset recovery, repair and yacht services through brands including Autograph Yacht Group, Azure Funding, Boats & Buyers, and We Buy Boats, positioning it to capture share in the $57 billion marine market with over $100 million in annual boat purchases and high inventory turnover.
Average Trading Volume: 115,190
For detailed information about OTH stock, go to TipRanks’ Stock Analysis page.