Off The Hook Yachts announces successful launch of its luxury brokerage, closing 22 deals totaling $35 million in first quarter.
Quiver AI Summary
Off The Hook Yachts, a leading buyer and seller of pre-owned boats, has announced significant accomplishments for its luxury yacht brokerage division, Autograph Yacht Group, since launching in October 2025. In its inaugural quarter, Autograph secured approximately $100 million in listings and completed 22 deals totaling around $35 million. The brokerage differentiates itself by integrating premium sales with AI-driven trade-in opportunities, enabling faster inventory turnover and enhanced margins. Backed by a seasoned Florida team with over 100 years of combined experience, Autograph aims to provide high-touch, personalized services to discerning clients. CEO Brian John emphasized the competitive edge gained from leveraging Off The Hook's extensive platform, which includes tailored marine financing through Azure, to elevate the luxury yacht brokerage experience.
Potential Positives
- Off The Hook YS Inc. secured approximately $100 million in luxury yacht listings and closed 22 deals worth around $35 million in just the first quarter of operations for its new brokerage division, Autograph Yacht Group.
- The integration of Off The Hook's AI-driven platform and Azure Funding enhances operational efficiency and creates a competitive advantage by enabling trade-ins, which is uncommon in the yacht brokerage industry.
- Autograph Yacht Group's boutique brokerage model, led by a veteran team with over 100 years of combined experience, focuses on high-touch client service, appealing to discerning buyers and sellers in the luxury yacht market.
- The early momentum of Autograph not only contributes to significant brokerage commission revenues but also strengthens Off The Hook’s overall business model through operational synergies.
Potential Negatives
- The reliance on forward-looking statements may raise concerns about the company's ability to meet its optimistic growth targets, indicating uncertainty in future performance.
- The emphasis on a new and untested boutique brokerage model may lead to skepticism regarding its effectiveness in a competitive market, particularly as it operates in a traditionally stable industry.
- While the company boasts significant early traction, the initial scale of operations may not be sustainable long-term, potentially leading to questions about the longevity of this momentum.
FAQ
What is Off The Hook Yachts?
Off The Hook Yachts is America’s largest buyer and seller of pre-owned boats, also known as Off The Hook YS Inc.
When was Autograph Yacht Group launched?
Autograph Yacht Group was launched in October 2025 as a luxury yacht brokerage division of Off The Hook.
What services does Autograph Yacht Group provide?
Autograph provides expert valuation, strategic marketing, and personalized brokerage services for high-discretion clients seeking luxury yachts.
How much in listings has Autograph secured?
Autograph Yacht Group has secured approximately $100 million in listings since its launch.
What technology supports Autograph's brokerage operations?
Autograph’s brokerage operations are powered by a proprietary AI engine that enhances deal velocity and client experiences.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$OTH Insider Trading Activity
$OTH insiders have traded $OTH stock on the open market 11 times in the past 6 months. Of those trades, 11 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $OTH stock by insiders over the last 6 months:
- ROBERT ROSARIO GONNELLI has made 8 purchases buying 157,000 shares for an estimated $604,881 and 0 sales.
- BRIAN JOHN (CEO and Director) has made 2 purchases buying 35,000 shares for an estimated $131,380 and 0 sales.
- ANDREW JAMES SIMMONS (Vice President and Director) purchased 15,873 shares for an estimated $50,612
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Full Release
New luxury brokerage secures ~$100 million in listings and closes 22 deals worth ~$35 million since October launch
Off The Hook’s comprehensive platform integrates premium brokerage and wholesale trade-ins driven by industry-leading AI engine with Azure financing to accelerate high-end inventory turns and capture more margin opportunities
Boutique approach led by veteran Florida team delivers early traction with discerning buyers and sellers
Wilmington, NC, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Off The Hook YS Inc. (NYSE: OTH) (“Off the Hook Yachts” or “Off the Hook” or “the Company”), America's largest buyer and seller of pre-owned boats, today announced strong fourth-quarter 2025 momentum at Autograph Yacht Group , the Company’s internally created luxury yacht brokerage division launched in October 2025.
In its first quarter of operations, Autograph rapidly established traction in the upper end of the market focusing on yachts generally ranging from $500,000 to $20 million and up, while also strengthening Off The Hook’s broader platform through meaningful operational synergies with the Company’s AI-driven used-boat wholesale trading capabilities and Azure Funding, the Company’s marine finance division.
While traditional yacht brokerages typically cannot embrace trade-ins, Autograph Yacht Group does, powered by Off The Hook’s platform, a proprietary, industry-leading AI engine that supports Autograph’s brokerage operations, creating a clear competitive advantage. The system is designed to intelligently match buyers and sellers by analyzing client preferences, vessel data, market conditions, and transaction history which enhances deal velocity, pricing accuracy and overall client experience.
“Autograph was built to elevate how premium yachts are represented and sold, while also making our entire platform stronger,” said Brian John, CEO of Off The Hook. “When a high-end buyer wants to trade in, we can leverage Off The Hook’s scale as a leading pre-owned buyer and seller to create liquidity fast. When a buyer wants financing, Azure can help provide tailored marine lending solutions. Ultimately, when a luxury yacht owner demands white-glove brokerage, Autograph delivers it, supported by the data, reach, and transaction infrastructure we’ve built across the Company. That integrated model is designed to help us turn inventory faster, capture more margin opportunities, and improve the customer experience end-to-end.”
Autograph’s boutique brokerage model blends expert valuation, strategic marketing, and personalized service designed specifically for high-discretion clients seeking a more curated sales experience. Autograph currently operates from waterfront offices in Jupiter and Fort Lauderdale, Florida, providing local expertise in one of the most active luxury boating corridors in the U.S.
“Autograph launched with a clear mission: deliver the highest standard in yacht brokerage for the most discerning customers,” said Mike Burke, President of Autograph Yacht Group. “Our Florida team brings more than 100 years of combined experience, and we’ve assembled nine brokers focused on executing a boutique, high-touch process that earns trust and closes transactions. In just our first quarter in business to date, we’ve compiled roughly $100 million in listings and closed 22 deals totaling about $35 million in sales volume, contributing meaningful brokerage commission revenue to Off The Hook. We’re extremely optimistic about our growth trajectory as we continue to pair exceptional client service with the strength of Off The Hook’s broader platform.”
Contacts
Off The Hook YS Inc.
Chad Corbin, Chief Financial Officer
[email protected]
Investor Contact
[email protected]
About Off The Hook YS Inc.
Founded in 2012, Off The Hook YS Inc. 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, the Company acquires more than $100 million in boats and yachts annually. Off The Hook Yachts 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. Customers can buy boats from our many boat brokers including Autograph Yacht Group, our premier yacht brokerage offering expert service, exclusive listings, and a refined approach to buying and selling yachts. They can finance them with our Azure Funding Division, our recreational loan broker and lender providing financing solutions for individuals, dealerships, and brokerages. Off the Hook Yacht Services provides high-quality maintenance, repair, and support services yacht servicing. Marine Asset Recovery provides asset recovery and repossession services. In addition to our company owned websites, Boatsandbuyers.com and Webuyboats.com provide boat auction and lead generation services. To purchase a boat, explore our inventory or visit the Autograph Yacht Group website.
Forward-Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” "will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Off The Hook YS Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to the public offering filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Off The Hook YS Inc. undertakes no duty to update such information except as required under applicable law.
