secwatch.observer — SEC 8-K summary
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Issuer:     OFF THE HOOK YS INC. (OTH)
CIK:        0002067767
Form:       8-K
Filed at:   2026-05-14T20:05:20+00:00
Accession:  0001493152-26-023064
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Off the Hook YS reports record Q1 revenue, raises FY guidance to $165-$170M
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- Q1 revenue $29.8M (+9.6% YoY); gross profit $3.2M (+18.5%); sold 127 boats (Q1 record).
- Pre-owned boat sales rose 31.8% to $27.8M; average price ~$224K vs $263K on higher volume.
- Completed Apex Marine acquisition in South Florida, expanding physical infrastructure for storage/service.
- FY2026 revenue guidance raised to $165–$170M from prior $155–$160M.
- SG&A surged to $1.3M (+205%) and salaries to $3.1M (+244%) due to public-company costs and $1.8M stock-based comp.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/0001493152-26-023064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2067767/000149315226023064/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-023064

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer