NextBoat Inc.

NextBoat Inc.

NXB · NYSE MKT · Consumer Cyclical / Auto & Truck Dealerships

1.40USD+0.23 (+19.66%)

Price History

Full chart

Market Stats

Previous Close1.17
Open1.16
Day Range1.16 – 1.47
52-Week Range1.79 – 3.00
Volume111.80K
Market Cap50.79M
P/E (TTM)0.00
Forward P/E0.00
EPS-0.35
Dividend Yield0.00%
50-Day Avg2.09
200-Day Avg2.40

About

NextBoat Inc., together with its subsidiaries, operates as a yacht and boat dealership in the United States. It operates through two segments: Dealerships and Financial Services Segments. The company engages in the retail sale, brokerage, and servicing of new and pre-owned boats, yachts, and trailers. It also arranges related boat financing, insurance, and extended service contracts for recreational boat buyers. In addition, the company owns and operates WeBuyBoats.com, a lead-generation platform designed to provide boat owners with immediate cash offers; and Boatsandbuyers.com, an auction platform that allows buyers to create alerts for boats and instantly make an offer without negotiating. Further, it offers slip and storage accommodations; comprehensive marine servicing and maintenance services, including routine maintenance, repairs, detailing, and mechanical inspections; boat repossession and asset recovery; and warranty and after-sale services. The company was formerly known as Off The Hook YS Inc. and changed its name to NextBoat Inc. in May 2026. NextBoat Inc. was founded in 2012 and is based in Wilmington, North Carolina.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto & Truck Dealerships
  • CEOMr. Brian Scott John
  • Employees40
  • Headquarters1701 J.E.L. Wade Drive, Wilmington, NC, United States, 28401, USA
  • Websitehttps://nextboat.com

Leadership

  • Mr. Jason RueggFounder, President & Chairman of the Board · b. 1989
  • Mr. Brian Scott JohnCEO & Director · b. 1969
  • Mr. Chad CorbinChief Financial Officer · b. 1978
  • Mr. Blake R. PhillipsChief Operating Officer · b. 1986
  • Mr. Andrew SimmonsExecutive VP & Director · b. 1988
  • Paul GriffinChief Legal Officer
  • Mr. Kyle GinthnerChief Marketing Officer
  • Andrew WayrynenHead of Growth & Business Operations

Financials

Income Statement

Currency: USD2023-12-312024-12-312025-12-31
Total Revenue91.84M99.00M119.87M
Growth (%)-+7.79%+21.08%
Cost of Revenue82.69M90.21M114.49M
Gross Profit9.15M8.78M5.38M
Gross Margin9.96%8.87%4.49%
Operating Expense6.11M6.10M4.92M
Operating Income3.04M2.68M462.91K
Operating Margin3.31%2.71%0.39%
EBITDA3.26M2.87M568.36K
EBITDA Margin3.54%2.90%0.47%
Net Income1.30M991.68K-1.87M
Net Income Margin1.41%1.00%-1.56%
Interest Expense1.67M1.62M2.26M
Interest Expense % of Total Revenue1.82%1.64%1.89%

Balance Sheet

Currency: USD2023-12-312024-12-312025-12-31
Total Assets20.30M31.64M48.42M
Total Liabilities20.55M30.67M36.58M
Total Equity-249.72K967.39K11.84M
Cash1.65M2.93M12.43M
Total Debt14.98M25.32M32.02M
Net Debt13.32M22.39M19.59M

Cash Flow

Currency: USD2023-12-312024-12-312025-12-31
Operating Cash Flow-3.94M-7.11M-697.39K
Investing Cash Flow-536.40K-25.01K-749.89K
Financing Cash Flow288.99K8.41M10.95M
Capital Expenditure536.40K25.01K749.89K
Free Cash Flow-4.47M-7.13M-1.45M
FCF to OCF113.63%100.35%207.53%

Earnings

Report DateDec 31, 2025May 15, 2026Aug 13, 2026
EPS Estimate---
EPS Actual-0.11-0.14-0.05
Surprise---
Timing--After-hours

Key Statistics & Ratios

Market Cap50.79M
Enterprise Value124.27M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.34
Price / Book4.31
EPS-0.35
Book Value0.489
Revenue (TTM)150.19M
Gross Profit (TTM)17.07M
EBITDA-4.86M
Profit Margin-5.36%
Operating Margin-1.75%
Return on Equity-132.56%
Return on Assets-4.99%
Shares Outstanding25.14M
Shares Float9.21M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%