---
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"
generated_at: "2026-06-11T22:15:15.922329+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RumbleOn Q2 revenue $382.7M, net loss $0.78/share, adj. EPS $0.02

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596961-23-000015
- JSON: https://secwatch.observer/filing/0001596961-23-000015.json
- Plain text: https://secwatch.observer/filing/0001596961-23-000015.txt

## Key facts
- Earnings Releases
  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).
  - Period: the three months ended June 30, 2023
  - 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)
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1596961/000159696123000015/0001596961-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.