Press release
$82.6 Million Record Nine Month Revenue, Up 19.3% YOY for Dealer in Pre-Owned Boats with 100% Bonus Depreciation Benefit From "Big Beautiful Bill": Off The Hook YS Inc. (NYSE: OTH)
Image: https://www.globalnewslines.com/uploads/2025/12/1765872755.jpgOTH is Projected to Reach $140 to $145 Million in 2026 and is Profiled in New BD Deep Research Report on its Position in $57 Billion US Marine Industry
* One of America's Largest Buyers and Sellers of Pre-Owned Boats.
* Company Acquires More Than $100 Million in Boats and Yachts Annually.
* Well Positioned to Serve the U.S. Marine Industry Valued at $57 Billion.
* AI-Assisted Valuation Tools and Data-Driven Sales Platform Bring Speed and Transparency to Transactions.
* Operating a Nationwide Network of Offices and Marinas Across Multiple States.
* Consistently Earned Recognition on The Inc. 500, Ranked Among the Top 100 Dealers in the USA.
* Digital BD Deep Investor Research Report Issued on December 8, 2025.
* Record Nine Month Revenues of $82.6 Million, Up 19.3% YOY.
* Third Quarter Number of Boats Totaled 112 Units, Up 51% YOY.
* 20 Annual Revenue Projected Between $140 Million and $145 Million.
* "One Big Beautiful Bill" Reinstated 100% Bonus Depreciation for Boats Bought by January 19, 2026.
* New Jupiter, FL Office Will Serve as Headquarters for Autograph Yacht Group (AYG), a Recently Established Luxury Brokerage Division.
* November Initial Public Offering on 3,750,000 Shares of OTH Common Stock at $4.00 Per Share for Gross Proceeds of $15,000,000.
Off The Hook YS Inc. (NYSE American: OTH), Founded in 2012 by Jason Ruegg, has become one of America's largest buyers and sellers of pre-owned boats. Headquartered in Wilmington, North Carolina, with operations throughout the East Coast and South Florida, OTH acquires more than $100 million in boats and yachts annually. OTH leverages AI-assisted valuation tools and a data-driven sales platform to bring speed and transparency to yacht transactions, supported by a nationwide network of offices and marinas offering brokerage, wholesale, and performance yacht sales.
OTH has consistently earned recognition on the Inc. 500, ranked among the Top 100 Dealers in the USA. OTH continues advancing after its successful 2025 IPO, supported by strong technology adoption, expanding market reach, and participation in a U.S. marine industry valued at $57 billion.
Image: https://www.globalnewslines.com/uploads/2025/12/62273c354ff43af1ac38d6e3d8c50007.jpg
Additionally, the U.S. Ship Repair and Maintenance Services Market, valued at $6.55 billion in 2025, is projected to reach $11.72 billion by 2033 at a 7.52% CAGR, highlighting substantial long-term growth potential. OTH appears well-positioned to capitalize on this opportunity in a large and growing market.
Additionally, Digital BD Deep has just issued a detailed new investor research report on OTH titled: Off-The-Hook YS Digital Transformation and Margin Inflection in the Marine Industry - Structural Arbitrage in the Marine Liquidity Market
Read the full OTH report with at this direct link: https://www.digitalbdinc.com/report/othdeepresearch12-8-25.pdf
Third Quarter Financial and Operating Results with Revenues of $24.0 Million
Record Nine Month Revenues of $82.6 million, up 19.3% YOY Third Quarter Number of Boats totaled 112 units, up 51% YOY Issues 2026 Full Year Revenue Guidance
On December 15thOTH announced financial results for the third quarter ended September 30, 2025.
2025 Third Quarter Highlights
Completed IPO on November 14, 2025.
Revenue was $24.0 million, compared to $25.8 million in 2024.
Third quarter number of boats sold grew 51.1% to 112.
Second highest quarterly boat sales in the Company's history, following a record 117 units in the seasonally strong second quarter.
Net loss of $0.07 million with adjusted EBITDA of $0.5 million.
Gross profit of $3.0 million compared to $2.9 million in 2024.
Opened premier yacht broker division, Autograph Yacht Group in South Florida
Added ten new brokers to our growing team of brokers.
2025 Nine Month Highlights
Record revenue of $82.6 million, an increase of 19.3%.
Record number of boats sold, grew 24.4% to 310.
Net income of $0.8 million.
Adjusted EBITDA was $2.6 million, compared to $3.1 million in 2024.
Gross profit of $8.4 million for the nine months ended September 30, 2025, compared to $6.9 million for the nine months ended September 30, 2024, an increase of $1.5 million.
2026 Full Year Guidance
For 2026 the OTH expects that annual revenue will be between $140 million and $145 million.
Off The Hook Yachts Reminds Boat Buyers that the "One Big Beautiful Bill" Reinstated 100% Bonus Depreciation for Boats Bought by January 19, 2026
On December 1st OTH reminded U.S. boat buyers that the "One Big Beautiful Bill Act" (OBBBA), signed into law in July 2025, has reinstated 100% bonus depreciation for qualifying business assets-including boats and yachts-through January 19, 2026.
This powerful tax incentive allows eligible buyers to deduct the entire purchase price of a qualifying vessel in the first year it is placed into service, provided it is used more than 50% for legitimate business purposes. Together with aggressive year-end pricing and the unmatched OTH nationwide inventory, 2025-2026 represent a historic window of affordability for business buyers.
"This incentive is a game-changer for anyone considering a boat purchase," said Jason Ruegg, President of OTH. "Our expanding team of brokerage professionals has already helped countless business owners identify qualifying vessels. A buyer who meets the IRS requirements can deduct the entire cost of the boat in year one. This has already boosted demand, and we expect interest to surge even further."
As the national leader in pre-owned boat inventory, OTH is uniquely positioned to help customers seize this opportunity. Unlike competitors that offer limited brands, OTH provides one of the broadest selections of all-brand boats in the country, making it easier than ever to find a qualifying vessel at an exceptional value.
Image: https://www.globalnewslines.com/uploads/2025/12/f7625185dad2b01cff0f1d996fb38701.jpg
Development of New Florida Office
On November 25th OTH confirmed the development of a new office location in Jupiter, Florida. The facility will serve as the headquarters for Autograph Yacht Group (AYG), a recently established luxury brokerage division of OTH led by industry veteran Mike Burke. In addition to housing members of the OTH C-level leadership team based in Florida, the site will strengthen the company's footprint in one of the nation's most active yachting markets.
The new OTH Jupiter site includes office space and six on-site boat slips, allowing for streamlined inventory access and storage. The build-out is currently in progress.
"We expect the build-out of this location to be completed and move-in ready in the beginning of 2026. The location will also have six boat slips for some of our best inventory," stated Brian S. John, CEO of OTH.
For more information on OTH visit: http://www.offthehookyachts.com and https://compasslivemedia.com/oth/
DISCLAIMER: https://corporateads.com/disclaimer/
Disclosure listed on the CorporateAds website
Media Contact
Company Name: Off The Hook YS Inc.
Contact Person: Abigail Lafferty
Email: Send Email [http://www.universalpressrelease.com/?pr=826-million-record-nine-month-revenue-up-193-yoy-for-dealer-in-preowned-boats-with-100-bonus-depreciation-benefit-from-big-beautiful-bill-off-the-hook-ys-inc-nyse-oth]
Phone: (561) 374-0513
Address:1701 J.E.L Wade Drive
City: Wilmington
State: NC 28401
Country: United States
Website: https://www.offthehookyachts.com/
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