EX-99.1

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EX-99.1

Exhibit 99.1

Off The Hook YS Inc. Reports First Quarter 2026 Financial and Operating Results

First quarter 2026 revenue increased 9.6% year over year to $29.8 million

Increased 2026 revenue guidance to $165–$170 million

Wilmington, NC, May 14, 2026 (GLOBE NEWSWIRE)—Off The Hook YS Inc. (NYSE American: “OTH”, or “Off the Hook Yachts”), a vertically integrated marine marketplace and the largest buyer and seller of used boats in the nation, today announced financial results for the quarter ended March 31, 2026. The Company will host a live conference call today at 4:30 P.M. Eastern Time.

“We achieved record revenue of $29.8 million, expanded our national broker network, and continued to build out the infrastructure that we believe positions the Company for continued double-digit growth. Our vertically integrated model—combining brokerage, wholesale inventory acquisition, financing through Azure Funding, and our growing premier brokerage division—continues to differentiate Off the Hook Yachts in the marine industry,” said Brian John, Chief Executive Officer of Off The Hook Yachts.

“Despite what is normally a seasonably slow first quarter, we achieved record results, growing monthly revenue that has continued into the second quarter. We believe Off the Hook is well-positioned to continue accelerating growth in 2026. Early second quarter trends have been encouraging and based on current expectations we are raising our guidance for the full year. We will also continue our focus on building one of the leading platforms in the recreational marine market” added Mr. John.

“This morning we announced the completion of the Apex Marine acquisition which strengthens our position in South Florida and adds important operating infrastructure to support our storage, service, and resale strategy. Apex gives us a physical hub in one of our most active markets, with the potential to reduce outsourced service costs, improve turn times and support higher transaction volumes as we continue scaling the platform. We believe the future of this industry requires both technology and infrastructure, and Apex is an important investment in that combined model” concluded Mr. John.

2026 First Quarter Highlights

●Revenue increased 9.6% to $29.8 million compared to $27.2 million during the first quarter of 2025

●Pre-owned boat sales increased 31.8% compared to the first quarter of 2025

●Sold 127 boats during the first quarter, representing a first quarter record for the Company

●Gross profit increased 18.5% to $3.2 million compared to $2.7 million in the first quarter of 2025

●Expanded the Company’s broker network by 30 brokers during the quarter

Completion of Apex Marine Acquisition

On May 13, 2026, Off The Hook completed its previously announced acquisition of Apex Marine Sales, LLC, Apex Marine Stuart LLC, Apex Marine, LLC and Apex Marine Sales Brokerage, LLC, collectively referred to as Apex Marine. Located in South Florida, Apex Marine expands the Company’s physical infrastructure in one of its most active markets and is expected to support Off The Hook’s storage, service, brokerage and pre-owned boat resale operations.

The acquisition is an important component of the Company’s strategy to combine technology-enabled boat transactions with the operational infrastructure needed to support a national marine marketplace. Off The Hook expects Apex Marine to provide additional capacity to store, service and position boats for resale, while reducing reliance on certain outsourced services and supporting improved inventory turns as transaction volumes increase.

The acquisition consideration consisted of cash, common stock and seller financing, as described in the Company’s Current Report on Form 8-K filed with the SEC.

2026 Full Year Guidance

For full year 2026, the Company expects revenue between $165 million and $170 million compared to prior guidance of $155 million to $160 million.

First Quarter 2026 Financial Discussion

For the quarter ended March 31, 2026, revenue increased 9.6% to $29.8 million compared to $27.2 million in the first quarter of 2025. The increase was primarily driven by increased inventory availability and sales activity, supported by an expansion of the Company’s floorplan financing facility. Further, the addition of brokers for Off the Hook and our new premier brokerage division, Autograph Yacht Group, contributed to our revenue growth. These two moves allowed us to increase the number of boats sold compared to the first quarter of 2025.

New boat sales decreased by $4.2 million, or 76.4%, to $1.3 million for the three months ended March 31, 2026, from $5.5 million for the three months ended March 31, 2025. For the three months ended March 31, 2026, we sold 3 new units compared to approximately 7 units for the three months ended March 31, 2025, a decrease partially attributable to decreased marketing efforts and a slowdown in the new boat market.

Pre-owned

boat sales incr

EX-99.1

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EX-99.1

Exhibit 99.1

Off The Hook Yachts Reports Third Quarter Financial and Operating Results

Third Quarter 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

Wilmington, NC (GLOBE NEWSWIRE — December 15, 2025) — Off The Hook YS Inc. (NYSE: “OTH”, or “Off the Hook Yachts”), one of America’s largest buyer and seller of pre-owned boats, today announced financial results for the third quarter ended September 30, 2025. The Company will host a live conference call today Monday, December 15, 2005, at 4:30 P.M. EST.

“I’d like to acknowledge my team in the outstanding performance this quarter, even as we executed on our initial public offering on November 14, 2025 where we raised $15 million.  I’m also proud of our recent successful launch of Autograph Yacht Group, located in Jupiter, Florida, and our 45 brokers, positioned throughout the United States.  By leveraging its nationwide broker network, advanced CRM technology, and synergistic portfolio of entities, OTH delivers exceptional value to clients. As we continue to focus on the pre-owned boat market, we believe that we can quickly capitalize on boating trends whether pre-owned boat prices go up or down,” said Brian John, Chief Executive Officer of OTH.

2025 Third Quarter Highlights

● Completed our 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 our 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 Company expects that annual revenue will be between $140 million and $145 million.

Third Quarter Financial Discussion

Third quarter revenues of $24.0 million decreased 7.2%, compared to third quarter revenues in 2024, a portion of the revenue decrease is attributed to several larger pre-owned boat sales closing in the first few days in Q4. We sold 51.1% more boats in the third quarter of 2025 selling 112 in the third quarter of 2025 versus 74 boats in the same period of 2024. We believe sales can continue to grow at a higher rate going forward due to an increased broker pool and a larger amount of capital to grow our floor plan and increase the number of boats we can transact.

Revenue from boat sales decreased by $1.8 million, or (7.18)%, to $23.4 million. Despite a slight decrease in boat revenues which was primarily attributed to time of sale completion of a few large boats, we are still seeing strong demand and expect this to be reflected in our 4th-quarter revenues. Revenue from arranging financing products, including financing, insurance and extended warranty contracts, to customers through various third-party financial institutions and insurance companies, was $0.6 million as compared to $0.7 million in 2024. The Company plans to increase the attachment rate of Azure with our boat sales and thereby growing the business internally.

Gross profit was $3.0 million compared to $2.9 million in 2024. Our gross profit as a percentage of sales increased slightly. Our boat sales gross profit increased $0.2 million as a result of our purchasing team’s skillful buying decisions for our pre-owned boat inventory. Finance related gross profit decreased $0.1 million.

Operating expenses were $2.7 million compared to $1.6 million in 2024. SG&A increased primarily because we added go-to-market capacity and public-company capabilities designed to support significantly higher revenue over the next several years.

Floor plan interest expense was $0.4 million compared to $0.3 million for 2024. Adjusted EBITDA was $0.5 million in the third quarter of 2025, versus $1.4 million in the same period in 2024.

GAAP

diluted earnings per share for the third quarter in 2025 was ($0.003), compared to $0.048 in the same period in 2024.

Nine Month Financial Discussion

Revenue was $82.6 million as compared to $69.2 million in 2024, an increase of 19.3%. The revenue increase is primarily due to an increase in new and pre-owned boat sales. Revenue from boat sales increased 20.39%, to $80.7 million compared to $67.1 in 2024. The revenue increase is