OFF THE HOOK YS Business Summary

OFF THE HOOK YS INC. (NYSE American: OTH) operates as a vertically integrated marine platform specializing in the high-velocity acquisition, wholesaling, and retail of pre-owned yachts and boats. The company generates revenue through two primary segments: Dealerships, which encompasses boat sales, brokerage commissions via its Autograph Yacht Group, and ancillary services such as maintenance and storage; and Financing Services, which earns transaction fees and interest through its Azure Funding arm by providing marine, aviation, and RV lending solutions. OTH leverages a proprietary AI-driven valuation and sales ecosystem, including platforms like Webuyboats.com and Boatsandbuyers.com, to maintain a showroom-free, asset-light model that achieves approximately five inventory turns annually. Within the competitive landscape, OTH competes directly with major players such as OneWater Marine Inc., Marine Products Corporation, and MarineMax, Inc., positioning itself as the nation’s largest specialized buyer and seller of used vessels by focusing on liquidity and data-driven pricing rather than traditional new-boat dealership footprints. The company was founded in 2012 by Jason Ruegg, who currently serves as President and Chairman of the Board, having scaled the business from a regional boat-flipping operation into a national public entity. The leadership team is led by CEO Brian John, who orchestrated the company’s November 2025 IPO and subsequent expansion of its inventory financing floorplan to $60 million. Other key executives include Chief Financial Officer Chad Corbin, Chief Operating Officer Blake R. Phillips, and Chief Technology Officer Kelly Brintle, who oversees the firm’s AI integration and digital transaction infrastructure. Following the January 2026 resignation of director Robert Gonnelli, the board consists of seven members, including Executive Vice President Andrew Simmons. The executive team’s pedigree is defined by a transition from private marine wholesaling to a scalable, tech-enabled public platform, supported by a strategic focus on vertical integration and market consolidation in the fragmented $57 billion U.S. marine industry.