Off The Hook YS Inc.

Filed Mar 31, 2026

Accepted Mar 31, 2026, 3:18 PM ET

OTH

CIK 0002067767

View on SEC.gov Company Profile

AI Analysis

AI-generated analysis. Always verify with the original filing.

Revenue reached $119.9M amid softening demand and pricing pressure, delivering modest gross profit of $11.5M (9.6% margin), but public company operating costs drove operating income to $462.9K and a net loss of -$1.9M, offset by IPO liquidity gains.

Key Takeaways

1Revenue was $119.9M, driven primarily by an increase in overall new boat sales.

2Gross profit was $11.5M at 9.6% margin despite downward pricing pressure and reduced inventory margins to maintain turnover.

3Net income was -$1.9M with diluted EPS of -$0.09.

4Free cash flow was -$1.3M after $577K capital expenditures.

Off The Hook YS Inc. (OTH) reported FY2025 revenue of $119.9M, reflecting a modest increase primarily due to higher overall new boat sales volume. This growth occurred despite market softening that exerted downward pressure on pricing, requiring the Company to move certain inventory at reduced margins to sustain turnover and liquidity—key priorities for a boat dealership managing floorplan financing and inventory cycles.

Key Financial Metrics

EPS

$-0.09

Revenue

$119.9M

Net Income

-$1.9M

Gross Margin

9.6%

Gross Profit

$11.5M

free cash flow

-$1.3M

Operating Income

$462.9K

operating margin

38.6%