RumbleON Inc (OQ:RMBL)

Business Focus: Auto Vehicles, Parts & Service Retailers

Sector:  Consumer Cyclicals Industry:  Auto Vehicles, Parts & Service Retailers
 
See Regulatory Filings on SEC
Company Contact
Address: 901 W. WALNUT HILL LANE, SUITE 110A
IRVING TX 75038
Tel: N/A
Website: https://go.rumbleon.com
IR: See website
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Key People
Steven J. Pully
Chairman of the Board
Michael Kennedy
Chief Executive Officer, Director
Blake Lawson
Chief Financial Officer
Brandy L. Treadway
Senior Vice President and Chief Legal Officer
   
Business Overview
RumbleOn, Inc. is engaged in the business of powersports and vehicle transportation services. The Company's powersports business offers a wide selection of new and pre-owned motorcycles, all-terrain vehicles, utility terrain or side-by-side vehicles, personal watercraft, snowmobiles, and other powersports products. It also offers parts, apparel, accessories, finance and insurance products and services, and aftermarket products from a wide range of manufacturers. Additionally, it offers a full suite of repair and maintenance services. It offers over 500 powersports franchises representing 52 different brands of products. Its vehicle transportation services business includes Wholesale Express, LLC, its subsidiary, which provides asset-light transportation brokerage services facilitating automobile transportation primarily between and among dealers. It provides services focused on pre-owned vehicles to clients in all 50 states through its established network of pre-qualified carriers.
Financial Overview
For the fiscal year ended 31 December 2023, RumbleON Inc revenues decreased 6% to $1.37B. Net loss before extraordinary items decreased 8% to $214.4M. Revenues reflect Powersports segment decrease of 7% to $1.31B. Lower net loss reflects Powersports segment loss decrease of 72% to $75.2M, Vehicle Logistics and Transportation segment income increase of 16% to $5.7M.
Employees: 2,357 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $726.69M as of Dec 31, 2023
Annual revenue (TTM): $1,366M as of Dec 31, 2023
EBITDA (TTM): $20.75M as of Dec 31, 2023
Net annual income (TTM): -$214.40M as of Dec 31, 2023
Free cash flow (TTM): -$51.30M as of Dec 31, 2023
Net Debt Last Fiscal Year: $554.70M as of Dec 31, 2023
Shares outstanding: 35,244,429 as of Apr 8, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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