NextBoat Inc.

NextBoat Inc., formerly known as Off The Hook YS Inc., is a vertically integrated, AI-powered marine marketplace headquartered in Wilmington, North Carolina. Founded in 2012, the company has evolved into one of the largest buyers and sellers of used boats in the United States, with a mission to modernize and scale the global pre-owned marine marketplace through advanced technology.

The company offers a comprehensive suite of products and services, including boat brokerage, wholesale trading, auctions, financing, and marine services. Its integrated ecosystem comprises divisions such as Autograph Yacht Group for luxury brokerage, Azure Funding for financing solutions, and proprietary lead-generation platforms like WeBuyBoats.com and Boatsandbuyers.com. NextBoat Inc. has also expanded into new boat sales, featuring brands like Sportsman and Phenom, and provides slip and storage accommodations, comprehensive marine servicing, maintenance, and asset recovery services.

In a significant strategic move, the company officially rebranded from Off The Hook YS Inc. to NextBoat Inc. on or about May 29, 2026, with its NYSE American ticker symbol changing from OTH to NXB, reflecting its shift towards an AI-powered technology platform. Recent notable developments include the acquisition of Apex Marine Companies in May 2026, which enhanced its operational efficiency and refurbishment capacity in South Florida, and the acquisition of Bellhart Marine Group in April 2026 to integrate service operations. Under the leadership of CEO Brian John and Founder Jason Ruegg, NextBoat Inc. reported Q1 2026 revenue of $29.8 million, a 9.6% increase year-over-year, and raised its 2026 revenue guidance to $165-$170 million.