{"schema_version":"secwatch.filing_event.v1","accession":"0001596961-23-000015","form_type":"8-K","ticker":"RDNW","cik":"0001596961","company_name":"RideNow Group, Inc.","filed_at":"2023-08-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.485006+00:00","generated_at":"2026-06-11T22:15:15.922329+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"RumbleOn Q2 revenue $382.7M, net loss $0.78/share, adj. EPS $0.02","bullets":["Total revenue $382.7M, up 14.5% sequentially; gross profit $106.4M, margin 27.8% (+80 bps).","Net loss from continuing ops $(12.8)M, loss per share $(0.78); adjusted net income $0.3M, adj. diluted EPS $0.02.","Adjusted EBITDA $23.6M; total unit sales 20,277 (13,126 new, 7,151 used).","Signed LOI for sale-leaseback of real estate portfolio and sale of finance company credit portfolio.","Agreed with primary creditor on revised leverage covenants; invited Mark Cohen to board."],"urls":{"canonical":"https://secwatch.observer/filing/0001596961-23-000015","json":"https://secwatch.observer/filing/0001596961-23-000015.json","markdown":"https://secwatch.observer/filing/0001596961-23-000015.md","text":"https://secwatch.observer/filing/0001596961-23-000015.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1596961/000159696123000015/0001596961-23-000015-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1596961/000159696123000015/rmbl-20230809.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T22:15:15.922329+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d87502757217ce61c8cc53a8cdb8a3357f298f49","claim":"RideNow Group, Inc. reported the three months ended June 30, 2023 results: revenue $382.7 million, net income Net Loss from Continuing Operations of $(12.8) million, EPS Loss per Share from Continuing Operations of $(0.78).","evidence_excerpt":"and 7,151 Used Units, resulting in New:Used ratio of 1.8x, a slight increase from the prior quarter and more in line with a normal post-Covid ratio • Total Company Revenue of $382.7 million, up 14.5% sequentially, driven primarily by a rebound in new powersports vehicle sales and normal seasonal trends • Total Company Gross Profit of $106.4 million; Total Company","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1596961/000159696123000015/0001596961-23-000015-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended June 30, 2023"},{"label":"Revenue","value":"$382.7 million"},{"label":"Net income","value":"Net Loss from Continuing Operations of $(12.8) million"},{"label":"EPS","value":"Loss per Share from Continuing Operations of $(0.78)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}