← RideNow Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $0 | $7.3m | $156.4m | $840.6m | $416.4m | $938.4m | $1.8b | $1.4b | $1.2b | $1.1b | |
| Cost of Revenue | — | $7.0m | $143.8m | $790.0m | $384.8m | $780.3m | $1.3b | $1.0b | $894.9m | $784.5m | |
| Gross Profit | — | $278k | $12.6m | $50.6m | $31.6m | $158.2m | $452.7m | $359.9m | $314.3m | $298.0m | |
| Operating Expenses | $213k | $15.3m | — | — | — | — | — | — | — | — | |
| Operating Income (Loss) | ($213k) | ($8.0m) | ($23.4m) | ($37.8m) | ($18.6m) | ($8.9m) | ($287.1m) | ($69.5m) | ($14.7m) | ($200k) | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $2k | $668k | $984k | $1.8m | $2.1m | $6.1m | $23.1m | — | — | — | |
| Capitalized Computer Software, Amortization | — | $589k | $826k | $1.4m | $1.9m | $1.4m | $4.7m | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | $1.9m | $0 | $0 | $244.7m | $23.1m | — | $800k | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $225k | $8.6m | $25.2m | $45.2m | $25.0m | $31.4m | $334.1m | $155.1m | $78.8m | ($52.1m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($0) | ($1) | ($2) | ($41) | ($11) | ($1) | ($16) | ($12) | ($2) | ($1) | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($0) | ($1) | ($2) | ($41) | ($11) | ($1) | ($16) | ($12) | ($2) | ($1) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($225k) | ($8.6m) | ($25.2m) | ($45.2m) | ($25.0m) | ($31.4m) | ($334.1m) | ($155.1m) | ($78.8m) | ($52.1m) | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | $1.3m | $11k | ($8.8m) | $39k | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($214.4m) | ($78.6m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($1.1m) | $0 | — | |
| Net Income (Loss) Attributable to Parent | ($225k) | ($8.6m) | ($25.2m) | ($45.2m) | ($25.0m) | ($9.7m) | ($261.5m) | ($215.5m) | ($78.6m) | ($52.4m) | |
| Earnings Per Share, Basic | ($0.04) | ($0.86) | ($1.70) | ($40.53) | ($11.44) | ($1.41) | ($16.48) | ($12.15) | ($2.22) | ($1.38) | |
| Earnings Per Share, Diluted | ($0.04) | ($0.86) | ($1.70) | ($40.53) | ($11.44) | ($1.41) | ($16.48) | ($12.15) | ($2.22) | ($1.38) | |
| Weighted Average Number of Shares Outstanding, Basic | 5.6m | 9.9m | 14.8m | 1.1m | 2.2m | 6.9m | 15.9m | 17.7m | 35.4m | 38.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 5.6m | 9.9m | 14.8m | 1.1m | 2.2m | 6.9m | 15.9m | 17.7m | 35.4m | 38.0m | |
| Other income (expense): | |||||||||||
| Research and Development Expense | — | — | — | $2.4m | $1.4m | — | — | — | — | — | |
| General and Administrative Expense | $58k | $1.4m | $10.0m | $29.9m | $18.1m | $40.7m | $65.6m | $43.5m | $32.3m | $30.1m | |
| Selling, General and Administrative Expense | $211k | $7.6m | $35.1m | $86.6m | $53.7m | $164.1m | $366.4m | $347.3m | $275.4m | $256.3m | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $4.3m | ($8.4m) | $0 | $600k | |
| Current Income Tax Expense (Benefit) | $513 | $0 | $0 | $0 | $0 | $880k | $4.0m | $800k | $200k | $300k | |
| Interest Expense | $6k | — | $1.8m | $7.2m | ($6.6m) | $16.4m | $53.9m | $77.2m | — | — | |
| Interest Expense, Debt | — | $196k | $0 | $2.5m | $4.4m | $4.8m | $5.3m | — | — | — | |
| Labor and Related Expense | — | $3.1m | $10.7m | $33.5m | $25.7m | $63.5m | $213.3m | $199.5m | $159.4m | $147.0m | |
| Marketing and Advertising Expense | — | $1.7m | $11.5m | $18.2m | $5.3m | $14.4m | $31.3m | — | — | — | |
| Operating Lease, Expense | — | — | — | $1.7m | $2.2m | $7.4m | $31.4m | — | — | — | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $70.8m | $63.6m | |
| Other Expenses | $12k | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($513) | $0 | $0 | $0 | $0 | ($21.7m) | ($72.6m) | $59.3m | ($200k) | $300k | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($64.1m) | ($51.9m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.