RideNow Group, Inc. (RDNW)

RideNow Group Income 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
Operating Revenue	999.4	1,107	1,249	1,336	895.04	415.56
Other Revenue	95.8	102.4	117	123.4	29.13	0.87
Revenue	1,095	1,209	1,366	1,459	924.17	416.43
Revenue Growth (YoY)	-12.44%	-11.51%	-6.34%	57.86%	121.93%	-50.46%
Cost of Revenue	800.6	894.9	1,007	1,017	765.99	384.8
Gross Profit	294.6	314.3	359.9	441.7	158.18	31.63
Selling, General & Admin	256	275.4	339.3	344.8	164.08	53.66
Operating Expenses	267.1	289.7	361.3	367.8	170.18	55.8
Operating Income	27.5	24.6	-1.4	73.9	-12	-24.18
Interest Expense	-55.8	-64.1	-77.2	-52.1	-16.41	-6.45
Other Non Operating Income (Expenses)	0.1	-	-8.4	4.2	-8.8	0.01
EBT Excluding Unusual Items	-28.2	-39.5	-87	26	-37.21	-30.61
Merger & Restructuring Charges	-	-	-8	-1.3	-	-
Impairment of Goodwill	-	-	-23.1	-218.6	-	-
Asset Writedown	-73.3	-39.3	-37	-105.7	-	-
Legal Settlements	-	-	-	-8.4	-	-
Other Unusual Items	-0.4	-	-	2.5	2.68	-
Pretax Income	-101.9	-78.8	-155.1	-305.5	-31.39	-25
Income Tax Expense	0.5	-0.2	59.3	-72	-21.67	-
Earnings From Continuing Operations	-102.4	-78.6	-214.4	-233.5	-9.73	-25
Earnings From Discontinued Operations	-	-	-1.1	-28	-	-
Net Income	-102.4	-78.6	-215.5	-261.5	-9.73	-25
Net Income to Common	-102.4	-78.6	-215.5	-261.5	-9.73	-25
Shares Outstanding (Basic)	37	35	18	16	7	2
Shares Outstanding (Diluted)	37	35	18	16	7	2
Shares Change (YoY)	17.61%	99.43%	11.78%	129.34%	216.80%	95.96%
EPS (Basic)	-2.74	-2.22	-12.15	-16.48	-1.41	-11.44
EPS (Diluted)	-2.74	-2.22	-12.15	-16.48	-1.41	-11.44
Free Cash Flow	40.9	97.4	-49.2	-24.5	-37.82	16.97
Free Cash Flow Per Share	1.09	2.75	-2.77	-1.54	-5.47	7.77
Gross Margin	26.90%	25.99%	26.34%	30.28%	17.12%	7.60%
Operating Margin	2.51%	2.03%	-0.10%	5.07%	-1.30%	-5.80%
Profit Margin	-9.35%	-6.50%	-15.77%	-17.92%	-1.05%	-6.00%
Free Cash Flow Margin	3.73%	8.05%	-3.60%	-1.68%	-4.09%	4.08%
EBITDA	38.6	38.9	20.6	96.9	-7.61	-23.92
EBITDA Margin	3.52%	3.22%	1.51%	6.64%	-0.82%	-5.74%
D&A For EBITDA	11.1	14.3	22	23	4.39	0.26
EBIT	27.5	24.6	-1.4	73.9	-12	-24.18
EBIT Margin	2.51%	2.03%	-0.10%	5.07%	-1.30%	-5.80%
Revenue as Reported	1,095	1,209	1,366	1,459	924.17	416.43

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