Welcome to our dedicated page for Rumbleon news (Ticker: RMBL), a resource for investors and traders seeking the latest updates and insights on Rumbleon stock.
RumbleOn, Inc. (NASDAQ: RMBL) generates news primarily through its activities as a large U.S. powersports retailer and vehicle transportation services provider. Company press releases and earnings announcements highlight developments in its two operating segments: the RideNow-branded powersports dealership group and Wholesale Express, LLC, an asset-light transportation brokerage focused on the automotive industry.
News coverage for RMBL commonly includes quarterly and annual financial results, where the company reports revenue, gross profit, segment performance, cash flow and non-GAAP metrics such as Adjusted EBITDA. These releases also break down unit sales of new and pre-owned powersports vehicles, parts, service and accessories revenue, finance and insurance income, and vehicle transportation services activity.
RumbleOn’s disclosures frequently feature strategic and capital structure updates, such as amendments to its term loan credit agreement, changes in floor plan financing, and equity capital raises like its fully backstopped registered rights offering for Class B common stock. Investors following RMBL news can also see details on subordinated loans, warrant amendments and other financing arrangements described in the company’s Form 8-K filings and related press releases.
Corporate governance and leadership changes are another recurring theme. The company has announced appointments of new executives, promotions within its operations team, and additions to its Board of Directors, along with committee assignments. These updates often accompany commentary on operational priorities in the powersports segment and efforts to improve profitability and cash flow.
In August 2025, RumbleOn announced that it would rebrand as RideNow Group, Inc. and change its Nasdaq ticker symbol to RDNW, effective August 13, 2025. Related news explained that the rebranding aligns the corporate identity with the RideNow brand used in its dealership operations and that the company’s headquarters would relocate from Irving, Texas to Chandler, Arizona. For ongoing developments, investors can review RMBL’s historical news and then follow subsequent releases under the RDNW symbol.
RumbleOn (NASDAQ: RMBL) announced a comprehensive rebranding to RideNow Group, Inc., with its ticker symbol changing to RDNW effective August 13, 2025. The company is relocating its headquarters from Irving, Texas to Chandler, Arizona, consolidating operations at its flagship store location. The transformation includes the implementation of the RideNow Way, a new business framework focused on three core pillars: Entrepreneurial Spirit, Customer Experience, and Operational Excellence.
Under the leadership of CEO Michael Quartieri and COO Cam Tkach, the company aims to streamline operations across its 54 powersports dealerships, emphasizing consistent service quality and customer experience. This strategic realignment is designed to strengthen the company's market position and create a foundation for sustainable growth.
RumbleOn (NASDAQ: RMBL) reported Q2 2025 results with revenue declining 11% to $299.9 million. The company posted a net loss of $32.2 million, which included a $34.0 million impairment charge related to franchise rights. Despite challenges, Adjusted EBITDA increased to $17.2 million from $16.2 million year-over-year.
The company announced significant changes including rebranding to RideNow Group, Inc., relocating headquarters to Chandler, AZ, and changing its ticker to "RDNW" effective August 13, 2025. Additionally, RumbleOn amended its term loan, extending maturity to September 2027 with a 50-basis point interest reduction, requiring a $20 million principal paydown.
In the powersports segment, new vehicle sales decreased 11.5% while pre-owned sales increased 10.2%. The company ended Q2 with $59.8 million in total cash and $185.7 million in total available liquidity.
RumbleOn (NASDAQ: RMBL) has scheduled its Second Quarter 2025 earnings release and conference call for Monday, August 11, 2025. The financial results will be released after market close, followed by a conference call at 3:30 p.m. Central Time (4:30 p.m. Eastern Time).
The earnings call will be hosted by Mike Quartieri, who serves as both Chief Executive Officer and Interim Chief Financial Officer. Investors can access the call via phone (1-800-717-1738 for US callers) or through a live webcast available on the company's investor relations website.
RumbleOn (NASDAQ: RMBL) has scheduled its First Quarter 2025 earnings release and conference call. The company will disclose its operational and financial results before market opening on Wednesday, May 7, 2025.
The conference call and webcast are set for 7:00 a.m. Central Time (8:00 a.m. Eastern Time) on the same day. Mike Quartieri, who serves as both Chief Executive Officer and Interim Chief Financial Officer, will host the call.
Interested participants can join via:
- US callers: 1-800-717-1738
- International callers: 1-646-307-1865
- Conference ID: 06816
A live and archived webcast will be available through the Investor Relations section at investors.rumbleon.com.
RumbleOn (NASDAQ: RMBL) has released its Q4 and full-year 2024 financial results, showing mixed performance amid macroeconomic challenges. Q4 2024 saw revenue decline 13.4% to $269.6 million, with a net loss of $56.4 million, improved from $168.5 million loss in Q4 2023. The company achieved positive Adjusted EBITDA of $2.2 million in Q4.
For full-year 2024, revenue decreased 11.5% to $1,209.2 million, with a net loss of $78.6 million, better than 2023's $215.5 million loss. Notable achievements include generating $99.4 million in operating cash flow, reducing inventory by $106.9 million, and cutting floor plan notes payable by $81.4 million.
The company strengthened its financial position by fully repaying $38.8 million of convertible notes, raising $10 million through a rights offering, and completing a $4.0 million sale-leaseback deal. RumbleOn ended 2024 with $85.3 million in unrestricted cash and $146.2 million available under powersports floor plan lines.
RumbleOn (NASDAQ: RMBL) has scheduled its Fourth Quarter and Full Year 2024 earnings release for Tuesday, March 11, 2025, before market opening. The company will host a conference call and webcast at 7:00 a.m. Central Time (8:00 a.m. Eastern Time) on the same day.
The earnings discussion will be led by CEO Mike Quartieri and CFO Tiffany Kice. Investors can access the conference call via phone (1-844-825-9789 for US callers, 1-412-317-5180 for international) using Conference ID 10196311, or through a live webcast available on the company's investor relations website.
RumbleOn (NASDAQ: RMBL), North America's largest powersports retailer, announced significant leadership changes effective January 13, 2025. Michael Quartieri, previously Chairman of the Board, has been appointed as CEO, replacing Michael Kennedy who has departed from both the CEO position and Board membership.
Additional changes include Cameron Tkach's promotion to Executive Vice President and Chief Operating Officer, bringing over 15 years of powersports industry experience, and Becca Polak's appointment as Vice Chairman and Lead Independent Director. Tkach, who rose through various operational positions at RideNow Powersports before its acquisition by RumbleOn in 2021, will focus on operational excellence and market leadership.
The company recently strengthened its balance sheet by paying off its convertible notes. The new leadership team aims to focus on driving growth, improving profitability, and generating strong cash flow.
RumbleOn (NASDAQ: RMBL) has completed its $10.0 million fully backstopped registered rights offering of Class B common stock. The offering resulted in subscriptions for 2,043,011 shares (approximately 85% of offered shares) at $4.18 per share. Stone House Capital Management will purchase the remaining 349,333 unsubscribed shares in a Backstop Private Placement for approximately $1.5 million.
The company expects net proceeds of approximately $9.0 million, which will be used for general corporate purposes, including potential repayment of 6.75% convertible senior promissory notes due January 2025. The proceeds will also partially satisfy additional capital financing obligations under a recent Oaktree credit agreement amendment. Following the completion of both transactions, RumbleOn expects to have approximately 37,713,298 shares of Class B common stock outstanding.
RumbleOn (NASDAQ: RMBL) announced preliminary results of its $10.0 million fully backstopped registered rights offering. The offering resulted in subscriptions for 2,043,011 shares of Class B common stock at $4.18 per share. Due to incomplete subscription, Stone House Capital Management will purchase an additional 349,333 shares through a Backstop Private Placement.
The company expects net proceeds of approximately $9.0 million, which will be used for general corporate purposes, including potential repayment of 6.75% promissory notes due January 2025. The proceeds will also partially satisfy capital financing obligations under a recent Oaktree credit agreement amendment. Following the completion of both offerings, RumbleOn expects to have approximately 37,713,298 shares of Class B common stock outstanding.