Off The Hook YS Inc. Common Stock
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About
Off The Hook YS Inc. Common Stock (OTH) is a yacht and boat dealership that, together with its subsidiaries, operates in the United States. Founded in 2012, it is based in Wilmington, North Carolina. The company is known for selling and servicing recreational watercraft and for arranging the financing and protection products that often go with a boat purchase.
The business is organized into two segments: Dealerships and Financial Services. Through its dealership activity, the company handles the retail sale, brokerage, and servicing of new and pre-owned boats, yachts, and trailers. On the financial services side, it arranges boat financing, insurance, and extended service contracts for recreational boat buyers, which lets it earn revenue beyond the sale of the vessel itself.
The company also runs online platforms that support its trade in boats. It owns and operates WeBuyBoats.com, a lead-generation site designed to give boat owners immediate cash offers, and Boatsandbuyers.com, an auction platform where buyers can set alerts for boats and make an offer instantly without negotiating. These platforms help bring in inventory and connect buyers and sellers.
Beyond sales and online tools, Off The Hook YS Inc. provides a range of marine services. It offers slip and storage accommodations and comprehensive servicing and maintenance, including routine maintenance, repairs, detailing, and mechanical inspections. The company also handles boat repossession and asset recovery and provides warranty and after-sale support. By combining dealership sales, financial products, digital marketplaces, and service work, OTH ties its results to demand in the recreational boating market and to the activity of buyers and owners who use its sales, financing, and servicing offerings.