RumbleOn Q4 revenue down 13.4% to $269.6M; net loss narrows to $56.4M

RideNow Group, Inc.

Q4 revenue $269.6M (-13.4% YoY); net loss $56.4M improved from $168.5M loss last year.
Adjusted EBITDA Q4 $2.2M vs -$0.3M; full year adjusted EBITDA $32.9M down 12% YoY.
Full year revenue $1,209.2M (-11.5%); net loss $78.6M vs $215.5M in 2023.
Operating cash flow $99.4M in 2024 vs -$38.9M in 2023; reduced non-vehicle net debt by $60.8M to $182.1M.
Repaid $38.8M of 6.75% convertible notes in Jan 2025; new $16M floor plan facility with related party.

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