RideNow Group, Inc. (RDNW)

RideNow Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-102.4	-78.6	-215.5	-261.5	-9.73	-25
Depreciation & Amortization	11.1	14.3	22	23	4.39	0.26
Other Amortization	9.5	9.2	10.4	6.4	6.1	3.91
Loss (Gain) From Sale of Assets	0.5	0.5	-	-	-	-
Asset Writedown & Restructuring Costs	73.3	39.3	60.1	324.3	-	0.18
Stock-Based Compensation	2	4.6	12	9.4	29.22	2.98
Provision & Write-off of Bad Debts	-	-	-	-	-	0.31
Other Operating Activities	2.3	0.2	72.2	-51.2	-16.43	11.54
Change in Accounts Receivable	-3.7	19.8	3.9	-4.6	-9.76	-1.24
Change in Inventory	27.8	107.9	-31.7	-120.4	-53.23	24.28
Change in Accounts Payable	13.9	6.2	-4.4	-6	3.01	1.35
Change in Other Net Operating Assets	12	-24	24.5	61.8	14.24	-1.43
Operating Cash Flow	46.3	99.4	-35.5	-18.9	-32.18	17.14
Capital Expenditures	-5.4	-2	-13.7	-5.6	-5.65	-0.18
Sale of Property, Plant & Equipment	4	4	-	-	-	0.04
Cash Acquisitions	-	-0.7	-3.3	-69.6	-371.31	-
Sale (Purchase) of Intangibles	-0.1	-0.4	-2.1	-7	-1.87	-2.15
Investing Cash Flow	-1.5	0.9	-19.1	-82.2	-378.83	-2.28
Short-Term Debt Issued	-	-	-	-	17.19	-
Long-Term Debt Issued	-	-	92.5	187.4	261.45	13.45
Total Debt Issued	10	-	92.5	187.4	278.64	13.45
Short-Term Debt Repaid	-	-	-	-	-	-40.53
Long-Term Debt Repaid	-	-89	-111.7	-51.2	-10.41	-1.77
Total Debt Repaid	-78.6	-89	-111.7	-51.2	-10.41	-42.3
Net Debt Issued (Repaid)	-68.6	-89	-19.2	136.2	268.23	-28.85
Issuance of Common Stock	9.8	9.8	98.4	-	191.24	10.78
Other Financing Activities	-0.9	-1.4	-6.2	-28.5	-	-
Financing Cash Flow	-59.7	-80.6	73	107.7	459.47	-18.07
Net Cash Flow	-14.9	19.7	18.4	6.6	48.46	-3.21
Free Cash Flow	40.9	97.4	-49.2	-24.5	-37.82	16.97
Free Cash Flow Margin	3.73%	8.05%	-3.60%	-1.68%	-4.09%	4.08%
Free Cash Flow Per Share	1.09	2.75	-2.77	-1.54	-5.47	7.77
Cash Interest Paid	45.1	49.5	66	49.4	12.08	3.84
Cash Income Tax Paid	0.7	-0.8	1	6.6	-	-
Levered Free Cash Flow	34.81	143.71	-48.03	-116.28	-155.96	23.99
Unlevered Free Cash Flow	60.19	174.58	-10.18	-90.11	-150.1	26
Change in Working Capital	50	109.9	-7.7	-69.2	-45.73	22.97

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.