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Off The Hook YS Inc. ( (OTH) ) has shared an update.
Off The Hook YS Inc. reported its third-quarter financial results for 2025, highlighting a revenue of $24.0 million and a 51% year-over-year increase in the number of boats sold. Despite a slight decrease in revenue compared to the previous year, the company achieved record nine-month revenues of $82.6 million, a 19.3% increase year-over-year. The company successfully completed its IPO on November 14, 2025, raising $15 million, and launched the Autograph Yacht Group in Florida. The company expects to continue capitalizing on boating trends and plans to expand its broker network and inventory to drive future growth.
More about Off The Hook YS Inc.
Off The Hook YS Inc., founded in 2012 and headquartered in Wilmington, North Carolina, is one of America’s largest buyers and sellers of pre-owned boats. The company operates throughout the East Coast and South Florida, acquiring over $100 million in boats and yachts annually. It utilizes AI-assisted valuation tools and a data-driven sales platform to enhance yacht transactions, supported by a nationwide network of offices and marinas offering brokerage, wholesale, and performance yacht sales.
Average Trading Volume: 146,263
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