NextBoat Inc.
NXB
New York Stock Exchange Arca2.01
USD
-0.06
- -
CIK
0002067767
ISIN
US6762061058
CUSIP
676206105
Return %
Stock
S&P500
1Y
-24.72
18.21
3Y
-24.72
63.29
5Y
-24.72
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Brian S. John
- Full Time Employees
- 40
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- 1701 J.E.L. Wade Drive Wilmington NC United States of America 28401
- IPO Date
- Sep 13, 2017
- CIK
- 0002067767
- Website
- offthehookyachts.com
- Similar Companies
- Business
- NextBoat Inc. operates as an AI-powered marine marketplace transforming the way boats and yachts are bought, sold, financed, and serviced across the United States, with a focus on integrating brokerage, inventory acquisition, auctions, financing, and logistics within a technology-driven platform. The company repositions from a traditional brokerage to a holistic ecosystem that leverages proprietary data, AI-driven matching, and end-to-end transaction tooling to connect buyers, sellers, dealers, brokers, lenders, and service providers. Headquartered in Wilmington, North Carolina, NextBoat Inc. evolves from Off The Hook Yachts, originally founded in 2012 as a leading yacht brokerage, into a broader platform under the NextBoat brand. The company operates a vertically integrated model that combines Off The Hook Yachts and related entities such as Autograph Yacht Group and Azure Funding within its ecosystem, enabling scaled operations nationwide. Core product and service offerings span the following categories: AI-powered marketplace platform and matching algorithms; comprehensive boat brokerage services; wholesale inventory acquisition and management; auction platforms for pre-owned vessels; consumer and commercial marine financing through proprietary funding channels; logistics and transportation coordination; title and closing services; data infrastructure and market intelligence derived from proprietary transaction data; lead generation and marketing platforms for dealers and brokers; and maintenance, inspection, and post-sale servicing support through affiliated marine service providers. These offerings are designed to streamline ownership journeys, enhance liquidity, and reduce transaction cycles across the boating market. Latest major company changes include a corporate rebranding to NextBoat and a ticker transition to reflect the new brand and strategic focus; the company announces a strategic shift to emphasize an AI-enabled platform layer that connects all marketplace participants through software, automation, and integrated transaction tools; the introduction of NextBoat AI, an industry-first AI-driven matching platform designed to identify and secure ideal vessels more efficiently using proprietary market data, including off-market opportunities and current inventory; and a reorganization of operations to scale nationwide, expanding the footprint of its dealer and broker network and increasing investment in data analytics and automation capabilities. Additionally, the company reports ongoing partnerships and strategic alliances to broaden financing options, logistics support, and private-label services within its ecosystem as part of its 1-2 year growth plan. The rebranding and strategic initiatives reflect a broader goal to capture a larger share of the U.S. marine market, which is valued in the tens of billions of dollars, by delivering a more transparent, faster, and technology-enabled buying and selling experience. Industry and business segments include marine brokerage, online marketplace services, wholesale inventory acquisition, auctions, marine financing, and after-sales services; target markets comprise individual boat buyers and sellers, professional brokers and dealers, lending institutions, and ancillary service providers; geographic operations primarily cover the United States with a national footprint that supports cross-border opportunities where applicable; founding year is 2012 and headquarters are in Wilmington, North Carolina; subsidiaries and parent relationships are structured around the NextBoat ecosystem, including affiliations with Off The Hook Yachts, Autograph Yacht Group, Azure Funding, and related lead-generation assets as part of a broader corporate group expansion strategy. The company maintains ongoing developments in its data and platform infrastructure to underpin scalable growth, customer acquisition, and marketplace efficiency in the $57 billion U.S. marine industry.
NextBoat Provides Update on Record Second Quarter Performance and Progress Toward Profitability
MarineMax Expands Distribution Opportunities for Financing & Insurance Offerings Through Partnership with NextBoat
NextBoat Launches National AI Platform Rollout Through Strategic Partnership with MarineMax, the World's Largest Recreational Boat and Yacht Retailer
NextBoat Inc.'s Autograph Yacht Group Division Completes Landmark Superyacht Transaction
NextBoat Reports Strong Integration Progress Following APEX Acquisition
NextBoat Inc.'s Autograph Yachts Division Delivers Strong Second Quarter Growth, Driven by Expanding Brokerage Platform and Market Share Gains