NASDAQ$RDNW

RideNow Group Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

RumbleOn's financial performance for the year 2020 showed improvements in gross profit per vehicle sold and adjusted EBITDA.

RumbleOn reported a decrease in total revenue and vehicle unit sales for the full year 2020, but demonstrated improvements in gross margin and adjusted EBITDA. The company focused on profitability, which, combined with the impact of COVID-19, resulted in reduced commercial activity. However, gross profit per vehicle sold increased by over 100%.

  • Total revenue decreased to $416.4 million from $840.6 million in 2019.
  • Total vehicle unit sales decreased to 18,024 from 43,143 in 2019.
  • Gross profit increased to $31.6 million with a gross margin of 7.6%, up from 6.0% in 2019.
  • Operating loss improved to $(18.6) million from $(37.8) million in 2019.

Headline financials

Total Revenue

$70.7M

Previous: $127M-44.3%
EPS (adj)

-$2.43

Previous: -$783.20+99.7%
Free Cash Flow

-$9.05M

Previous: -$14.1M+35.7%
Net Income

-$25M

Previous: -$15M-66.4%
Operating Income

-$18.6M

Previous: -$13.7M-35.7%
Gross Profit

$31.6M

Previous: $8.99M+251.6%
Cash & Equivalents

$1.47M

Previous: $49.7K+2853.7%
Total Assets

$77M

Previous: $113M-32.1%
Stock-Based Comp

$553K

Previous: $1.5M-63.2%

Revenue & EPS history

RumbleON · Revenue · Quarterly

$70.7M

Q4 2020-44.3%vs Q4 2019
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

RumbleON · $46.7M total across 1 segment · Q4 2020

  • Powersports Dealership Group
    $46.7M-53.8%

Forward guidance

Given the uncertainty of the ongoing impact and unprecedented conditions surrounding the COVID-19 pandemic, we cannot predict the overall effect to RumbleOn, our customers, regional business partners, and others that we work with.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

+2.1%

Avg return

Earnings day

+2.9%

Avg return

5 days after

+3.9%

Avg return

30 days after

39%

15 / 38 earnings

Positive

+61.0%

Q2 2025

Best reaction

-38.1%

Q3 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.5%-3.7%-0.9%
Q4 2025-7.3%-9.7%+0.4%
Q3 2025+0.6%+34.1%+62.8%
Q2 2025+61.0%+48.0%+111.0%
Q1 2025-7.7%-3.0%-32.2%
Q4 2024-5.5%-6.8%-34.2%
Q3 2024-9.2%-3.3%+10.7%
Q2 2024-2.5%-5.0%+2.5%
Q1 2024+26.2%+24.5%+13.1%
Q4 2023-25.6%-16.9%-20.4%
Q3 2023-2.8%-11.2%-15.6%
Q2 2023-20.8%-30.3%-39.0%
Q1 2023+21.3%+24.3%+60.8%
Q4 2022-0.3%+1.1%+8.1%
Q3 2022-38.1%-43.9%-53.3%
Q2 2022+21.9%+29.8%+10.5%
Q1 2022-3.1%+14.6%+16.5%
Q4 2021+23.6%+28.5%-19.5%
Q3 2021-11.1%-14.4%-22.7%
Q2 2021-6.4%-11.0%-10.0%
Q1 2021+10.4%+7.3%+2.3%
Q4 2020+35.4%+43.8%-2.1%
Q3 2020-1.2%-11.6%-21.2%
Q2 2020+38.1%+55.9%+49.2%
Q1 2020-4.1%-10.5%+106.0%
Q4 2019+15.5%+10.1%+34.4%
Q3 2019-34.2%-25.5%-64.7%
Q2 2019-3.6%-14.8%-31.2%
Q1 2019+0.0%-4.1%-9.1%
Q4 2018-6.4%-12.3%-8.6%
Q3 2018+3.2%+7.9%-5.7%
Q2 2018-1.3%-3.4%+9.1%
Q1 2018-6.2%-3.5%-10.0%
Q4 2017+5.2%+7.9%+2.7%
Q4 2016+5.2%+7.9%+2.7%
Q3 2017-4.7%-4.7%+2.8%
Q2 2017+0.0%+0.0%+14.3%
Q1 2017+15.0%+15.0%+30.0%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro