Education
About Us
Working with TipRanks
Follow Us
RumbleON (RMBL)
NASDAQ:RMBL
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.01Last Year’s EPS
-0.02Same Quarter Last Year
Moderate Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: -0.76%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted a challenging quarter with significant revenue declines and underperformance in key segments like Wholesale Express. However, the company maintained positive adjusted EBITDA and saw robust demand in the pre-owned segment with improved gross margins, indicating strategic adjustments are yielding some positive results amidst a tough economic environment.Company Guidance
During the RumbleOn, Inc.'s first quarter 2025 earnings call, CEO Michael Quartieri discussed the company's financial performance and strategic initiatives amidst a challenging market environment. The company reported a revenue of $244.7 million and adjusted EBITDA of $7 million, despite a 20.5% year-over-year decline in units sold. The Powersports Group sold 13,186 units, with new unit sales down 23.7% and pre-owned unit sales down 13.9%. Gross margins improved, with new units at 13.5% compared to 12.5% the previous year, while pre-owned margins were at 16.3%. The company's asset-light vehicle transportation service, Wholesale Express, saw a significant revenue decline of 61.5% year-over-year. RumbleOn ended the quarter with $56.2 million in cash and a non-vehicle net debt of $188.2 million, with total available liquidity of $171.4 million. The company is focused on operational discipline, capital allocation, and strengthening its leadership team, including engaging an investment banker for refinancing efforts. Despite challenges, Quartieri expressed confidence in the strategic actions taken to position RumbleOn for long-term success.Robust Demand for Pre-owned Segment
Despite overall sales declines, the pre-owned segment showed robust demand with strong margins as consumers shifted to pre-owned products amidst tariffs and a tough purchasing environment for higher-priced new items.
Improved Gross Margin Percentages
New unit gross margins improved to 13.5% for the quarter, compared to 12.5% for the same quarter last year, indicating better pricing or cost control strategies.
Positive Adjusted EBITDA Despite Challenges
The company achieved $244.7 million in revenue and $7 million in adjusted EBITDA, maintaining profitability despite a 20.5% decline in revenue.
---
RMBL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
RMBL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | $2.64 | $2.42 | -8.33% |
Mar 11, 2025 | $3.80 | $3.59 | -5.53% |
Nov 12, 2024 | $5.68 | $4.96 | -12.68% |
Aug 07, 2024 | $3.60 | $3.40 | -5.56% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does RumbleON (RMBL) report earnings?
RumbleON (RMBL) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is RumbleON (RMBL) earnings time?
RumbleON (RMBL) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RMBL EPS forecast?
RMBL EPS forecast for the fiscal quarter 2025 (Q2) is -0.01.
---
