RumbleOn’s Q2 2025 Results and Rebranding

Rumbleon, Inc. ( (RMBL) ) has released its Q2 earnings. Here is a breakdown of the information Rumbleon, Inc. presented to its investors.

RumbleOn, Inc., a prominent powersports dealership group and vehicle transportation services provider, has announced its second quarter 2025 financial results amidst a significant rebranding initiative. The company, now rebranded as RideNow Group, Inc., is relocating its headquarters back to Phoenix, AZ, and changing its ticker symbol to ‘RDNW’.

In the second quarter of 2025, RumbleOn reported a revenue of $299.9 million, marking an 11% decrease compared to the same period in 2024. The company faced a net loss of $32.2 million, which included a $34 million impairment charge related to franchise rights. Despite these challenges, the company achieved a slight increase in adjusted EBITDA, which rose to $17.2 million from $16.2 million in the previous year.

Key strategic moves included amending and extending the company’s credit facility, which now matures in September 2027. This financial maneuver is expected to provide RumbleOn with greater operational flexibility. Additionally, the company has reduced its SG&A expenses by $4.7 million, reflecting efforts to streamline operations.

Looking ahead, RumbleOn’s management remains optimistic about the company’s strategic direction and its potential to enhance shareholder value. The rebranding to RideNow Group, Inc. is seen as a step towards aligning with its core strengths in the powersports sector, and the extended credit facility is anticipated to support future growth initiatives.