Off The Hook YS Reports Record 2025 Results, Ups Outlook

Off The Hook YS Inc. ( (OTH) ) has issued an update.

On March 30, 2026, Off The Hook YS Inc. reported record 2025 results, with revenue up 21.1% year over year to $119.9 million and total boats sold rising 32.7% to 426, driven by higher floorplan utilization, the launch of Autograph Yacht Group and an expanded broker network. Fourth-quarter 2025 revenue climbed 25.2% to $37.3 million, while gross profit for the year increased 30.6% to $11.5 million and gross margin improved to 9.6%, underscoring operating strength in both pre‑owned and new boat segments.

Despite this top-line momentum, the company swung to a 2025 net loss of $1.9 million from $1.0 million in net income a year earlier, as operating expenses nearly doubled to $10.7 million on heavier marketing, infrastructure build-out and $1.8 million of stock-based compensation tied to becoming a public company. Off The Hook completed an IPO in November 2025 that generated about $13.4 million in net proceeds, boosting cash to $12.4 million and turning working capital positive at $9.4 million, and management raised 2026 revenue guidance to a range of $150 million to $155 million, signaling confidence that its scaled platform and strengthened balance sheet can support continued double-digit growth despite higher floorplan interest costs and softer finance-fee income.

The most recent analyst rating on (OTH) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Off The Hook YS Inc. stock, see the OTH Stock Forecast page.

Spark’s Take on OTH Stock

According to Spark, TipRanks’ AI Analyst, OTH is a Neutral.

The score is held down primarily by weak financial quality—high leverage, a very thin equity base, and persistently negative (and worsening) operating/free cash flow despite revenue growth. Technicals are neutral-to-mildly supportive, and corporate updates are positive (partnerships, financing expansion, buyback), but they do not offset the near-term balance-sheet and cash-flow risk.

To see Spark’s full report on OTH stock, click here.

More about Off The Hook YS Inc.

Off The Hook YS Inc., which operates as Off The Hook Yachts, is a vertically integrated marine marketplace and the largest buyer and seller of used boats in the United States. The Wilmington, N.C.-based company combines brokerage, wholesale inventory acquisition, in‑house financing via Azure Funding, and a premier brokerage division to target both pre‑owned and select new recreational boat buyers nationwide.

The company’s model relies on floorplan financing to support inventory levels and a growing national broker network, with additional revenue from arranging marine loans, insurance and extended warranties. Its strategy emphasizes expanding pre‑owned boat share, scaling high‑margin finance activities, and leveraging its post‑IPO capital base to build a leading platform in the recreational marine market.

Average Trading Volume: 55,646

Technical Sentiment Signal: Strong Sell

See more insights into OTH stock on TipRanks’ Stock Analysis page.