Off The Hook YS (OTH) Investor Presentation summary

Business overview and market opportunity

• Operates as a leading buyer and seller of preowned boats in the U.S., leveraging proprietary AI-driven technology to streamline transactions and improve efficiency.

• Focuses on used boats, which represent 78% of all boat sales and offer higher margins, faster inventory turnover, and fewer OEM constraints compared to new boats.

• Achieved over $100M in annual revenues, 3,500+ transactions, and $120M in annual loan volume, consistently ranking as a top dealer and one of the fastest-growing companies.

• Addresses inefficiencies in the used boat market, such as unclear valuations and difficulty in obtaining competitive offers or structured financing.

Business model and technology

• Employs a vertically integrated, digital-first model with AI-powered valuation, online financing, and centralized logistics, similar to Carvana's approach in autos.

• Proprietary tech stack and AI tools optimize pricing, inventory management, lead routing, and auction processes, drawing on 15 years of data.

• Offers multiple transaction paths—direct buy, brokerage, or auction—maximizing lead conversion and minimizing wasted opportunities.

• Azure Funding provides integrated financing solutions, supporting both conventional and non-conventional loans, with over $110M in annual loan volume.

Growth strategy and operations

• Pursues capital-efficient growth by expanding inventory, leveraging AI to match buyers and sellers, and adding high-margin services like financing, warranties, and insurance.

• Plans to scale through mass broker recruitment, aiming to build the largest commission-only broker/wholesaler network in the U.S.

• Marketing strategy combines digital channels, traditional media, and targeted outreach to drive brand dominance and funnel motivated sellers.

• Real estate acquisitions of marinas and service centers support customer acquisition, inventory management, and recurring revenue streams.