8-K
filed November 12, 2024, 6:59 PM ET
ticker RDNW
CIK 0001596961
earnings
confidence high
sentiment negative
materiality 0.70
RumbleOn Q3 revenue down 12.7% to $295M; net loss improves to $11.2M
RideNow Group, Inc.
2024-Q3 EPS reported
-$0.63
revenue$939,600,000
- Revenue $295.0M, down 12.7% YoY; net loss $11.2M vs $16.5M loss in prior year.
- Adjusted EBITDA $6.8M, down 26.1% YoY; SG&A reduced 22.5% to $65.9M.
- Received $30M capital commitments from top shareholders, including $10M backstopped rights offering.
- Reduced inventories $53.9M; YTD operating cash flow $68.6M vs -$18.5M in 2023.
- Acquired a Harley-Davidson dealership in Massachusetts in August 2024.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001596961-24-000103
- form_type
- 8-K
- ticker
- RDNW
- cik
- 0001596961
- company_name
- RideNow Group, Inc.
- filed_at
- 2024-11-12T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:08.917544+00:00
- generated_at
- 2026-05-30T01:56:27.697105+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- negative
- materiality_score
- 0.7
- calibrated_materiality_score
- 0.7
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001596961-24-000103
- json_url
- https://secwatch.observer/filing/0001596961-24-000103.json
- markdown_url
- https://secwatch.observer/filing/0001596961-24-000103.md
- text_url
- https://secwatch.observer/filing/0001596961-24-000103.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696124000103/0001596961-24-000103-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1596961/000159696124000103/rmbl-20241112.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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