Rumbleon-B | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 299.9 M

Revenue: As of FY2025 Q2, the actual value is USD 299.9 M, beating the estimate of USD 280.18 M.

EPS: As of FY2025 Q2, the actual value is USD -0.85, missing the estimate of USD -0.025.

EBIT: As of FY2025 Q2, the actual value is USD -16.6 M.

Financial Data and Outlook Summary

Revenue

• Total revenue for Q2 2025 was $299.9 million, a decrease of 11.0% compared to $336.8 million in Q2 2024.
• Powersports segment revenue was $298.6 million, down 7.2% from $321.6 million in Q2 2024.
• Vehicle Transportation Services segment revenue was $1.3 million, a significant decrease of 91.4% from $15.2 million in Q2 2024.

Operational Metrics

• Net loss for Q2 2025 was - $32.2 million, compared to - $0.7 million in Q2 2024.
• Gross profit for Q2 2025 was $83.9 million, a decrease of 6.7% from $89.9 million in Q2 2024.
• Selling, general & administrative expense (SG&A) was $66.7 million, a reduction of 6.6% from $71.4 million in Q2 2024.
• Adjusted EBITDA increased to $17.2 million from $16.2 million in Q2 2024, a 6.2% increase.
• Operating loss for Q2 2025 was - $18.8 million, compared to an operating income of $15.4 million in Q2 2024.

Cash Flow

• Operating cash flow for the first half of 2025 was $4.0 million, a decrease of 86.3% from $29.2 million in the first half of 2024.
• Free cash flow for the first half of 2025 was $1.1 million, a decrease of 96.1% from $28.2 million in the first half of 2024.

Unique Metrics

• New Powersports unit sales were 10,618, a decrease of 11.5% from 12,004 in Q2 2024.
• Pre-owned Powersports unit sales were 5,283, an increase of 10.2% from 4,796 in Q2 2024.
• Total Powersports unit sales were 17,117, a decrease of 3.3% from 17,707 in Q2 2024.

Outlook / Guidance

• The company is rebranding to RideNow Group, Inc. and relocating its corporate headquarters back to Phoenix, AZ, effective August 13, 2025.
• The ticker symbol will change from ‘RMBL’ to ‘RDNW’ on The Nasdaq Capital Market, effective August 13, 2025.
• The company executed a term loan amendment to extend the maturity of the term loan through September 30, 2027, providing operating flexibility to execute its strategy.