Core Insights - Off The Hook YS Inc. reported third quarter revenues of $24.0 million, a decrease of 7.2% compared to the same period in 2024, attributed to timing of larger pre-owned boat sales [7][8] - The company achieved record nine-month revenues of $82.6 million, reflecting a year-over-year increase of 19.3% [5][13] - The number of boats sold in the third quarter totaled 112 units, representing a significant increase of 51.1% year-over-year [7][8] Financial Performance - Third quarter revenues were $24.0 million, down from $25.8 million in 2024 [8] - Gross profit for the third quarter was $3.0 million, slightly up from $2.9 million in 2024 [10] - The company reported a net loss of $0.07 million for the third quarter, with adjusted EBITDA of $0.5 million [11][12] Operational Highlights - The company sold 112 boats in the third quarter, marking the second highest quarterly sales in its history, following a record 117 units in the second quarter [8] - For the nine months ended September 30, 2025, the company sold a record 310 boats, an increase of 24.4% compared to the previous year [5][13] - The company launched Autograph Yacht Group, enhancing its brokerage capabilities with 45 brokers across the U.S. [3] Future Guidance - For the full year 2026, the company expects annual revenue to be between $140 million and $145 million [6]