RumbleOn Inc

For the period ended Dec 31, 2023. Filed Mar 28, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 28, 2024

RDNW$5.59+2.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

($ in millions, except per share amounts)

	2023	2022
Revenue:
Powersports vehicles	$951.4	$1,033.9
Parts, service and accessories	241.8	247.6
Finance and insurance, net	117.0	123.4
Vehicle transportation services	56.2	54.0
Total revenue	1,366.4	1,458.9
Cost of revenue:
Powersports vehicles	832.5	839.7
Parts, service and accessories	131.5	135.3
Vehicle transportation services	42.5	42.2
Total cost of revenue	1,006.5	1,017.2
Gross profit	359.9	441.7
Selling, general and administrative	347.3	354.5
Impairment of goodwill and franchise rights	60.1	324.3
Depreciation and amortization	22.0	23.0
Operating loss	(69.5)	(260.1)
Non-operating income (expense):
Interest expense	(77.2)	(52.1)
Other income (expense)	(8.4)	4.2
Forgiveness of PPP Loan	—	2.5
Loss from continuing operations before income taxes	(155.1)	(305.5)
Income tax provision (benefit) from continuing operations	59.3	(72.0)
Loss from continuing operations	$(214.4)	$(233.5)
Loss from discontinued operations	(1.1)	(28.0)
Net loss	$(215.5)	$(261.5)
Weighted average number of common shares outstanding – basic and diluted	17,740,525	15,871,005
Loss from continuing operations per share – basic and diluted	$(12.08)	$(14.71)
Loss from discontinued operations per share – basic and diluted	$(0.06)	$(1.76)
Net loss per share — basic and diluted	$(12.15)	$(16.48)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.