Off The Hook Ys Inc's Business Segments

Off the Hook YS Inc ("Off the Hook" or "OTH") is a holding company and the sole managing member of subsidiaries including Off the Hook Yacht Sales NC, LLC, OTH Simon Marine YF, LLC, Azure Funding, LLC, and Autograph Yacht Group Inc. Founded in 2012 by Jason Ruegg, OTH operates as a yacht and boat dealership specializing in buying, selling, and wholesaling yachts and boats. The company has eight locations with 70 sales representatives, transacting over 400 vessels annually and generating more than $119 million in annual sales. OTH’s services include pre-owned and new boat sales, financing through Azure Funding, marine servicing and maintenance via OTH Yacht Services, and asset recovery through Marine Asset Recovery. It also operates WeBuyBoats.com, a platform offering instant cash offers for boats. Azure Funding provides financing solutions for recreational boat buyers and industry partners in collaboration with various financial institutions. OTH has been recognized as a nationally leading marine wholesaler and has received awards including being named one of the 500 fastest-growing companies in the U.S. by Inc. 500 and a Top 100 Dealer by Boating Industry magazine.

The Dealership segment sells new and pre-owned boats, arranges financing and insurance products, provides warranty sales, and offers slip and storage accommodations at certain locations. The Financing Service segment provides financing products for marine, aviation, and recreational vehicle purchases. Each segment has discrete financial information and is regularly reviewed by the company's chief operating decision maker, CEO Jason Ruegg, to assess performance and allocate resources. All company assets are located in the United States.