Rumbleon, Inc. ( (RDNW) ) has released its Q3 earnings. Here is a breakdown of the information Rumbleon, Inc. presented to its investors.
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RideNow Group, Inc., a leading powersports dealership and vehicle transportation services company, has announced its financial results for the third quarter of 2025, highlighting a return to growth in its powersports segment. The company reported a slight increase in powersports revenue, driven by higher unit sales, and a significant improvement in net loss, which decreased by 63.4% compared to the same quarter last year. Adjusted EBITDA saw a substantial rise of 80.9%, reaching $12.3 million. Despite a 4.7% decline in overall revenue to $281 million, the company managed to increase its gross profit by 2.3% to $76 million and reduce SG&A expenses by 2.3%. The powersports segment showed resilience with a 6.9% increase in gross profit, offsetting the decline in vehicle transportation services. Looking ahead, RideNow Group’s management remains optimistic about continued performance improvements and growth, supported by strategic initiatives and a focus on shareholder value creation.