---
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"
generated_at: "2026-05-30T01:56:27.697105+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RumbleOn Q3 revenue down 12.7% to $295M; net loss improves to $11.2M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596961/000159696124000103/0001596961-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596961/000159696124000103/rmbl-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596961-24-000103
- JSON: https://secwatch.observer/filing/0001596961-24-000103.json
- Plain text: https://secwatch.observer/filing/0001596961-24-000103.txt

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