RumbleON, Inc. operates a technology-based omnichannel platform to aggregate and distribute pre-owned vehicles in North America. It operates through three segments: Powersports, Automotive, and Vehicle Logistics. The Powersports segment distributes motorcycles. The Automotive segment distributes cars and trucks. The Vehicle Logistics segment provides automotive transportation services between dealerships and auctions. Its platform offers ability to buy, sell, trade, and finance new and pre-owned vehicles online or in store for dealers and consumers. The company was formerly known as Smart Server, Inc. and changed its name to RumbleON, Inc. in February 2017. RumbleON, Inc. was incorporated in 2013 and is based in Irving, Texas.

Marshall Chesrown

Steven R. Berrard

RumbleON, Inc.

Growing pAI offers AI solutions for organizations, focusing on data integration, scalable AI modeling, and data visualization. Self-described capabilities include leveraging Azure and Power BI for analytics and decision-making.

Growing pAI

RumbleOn is a disruptive e-commerce platform that facilitates the ability for both consumers and dealers to Buy-Sell-Trade-Finance all pre-owned recreation vehicles. Our goal is to have the platform recognized as the most trusted and effective solution for the sale, acquisition, and distribution of recreation vehicles and provide users an efficient, fast, transparent and engaging experience.

Hercules Capital

Oaktree Capital Management

RumbleOn

Our CEO, Mike Kennedy, visiting the Phoenix area dealerships has highlighted the importance of hands-on leadership and team collaboration. It's these moments that drive our success and shape our future. We're excited about what's ahead and grateful for the strong foundation we're building together!

Our new CEO loves getting out of his office and being in our dealerships. He visited RideNow Powersports in McKinney, TX today where he had a chance to talk with the Team and talk about the exciting spring season right around the corner.

RumbleOn revolutionized the way you sell your bike and powersports vehicles! Our mission is to make the selling experience as easy as possible. By providing us with the vehicle's details, we're able to generate a cash offer swiftly. Decide to accept? You'll get paid the moment we have the title. Selling is made simple and secure with RumbleOn! Want to learn more? Visit https://ow.ly/XeWg50Qq8Gv

Imagine the possibilities! What would your ideal Harley-Davidson look like? Find out on January 24, 2024, at 10 AM CT as  Harley-Davidson unveils its groundbreaking 2024 lineup. Be prepared to witness innovation that pushes boundaries and redefines the riding experience. Share your excitement, join the conversation, and be part of this thrilling journey!
Be Part of the Excitement - Sign Up Here: https://ow.ly/GuNN50QnWHl

Check out the latest issue of Dealernews with a POV from our CEO, Mike Kennedy!

Employee Spotlight: Chris Chesnut, Regional Operations Director, West Region

From the sales floor to the helm of regional operations, Chris Chesnut's journey with us is a tale of dedication and growth. Starting in 1999 as a Salesman, Chris has navigated through roles such as Assistant Sales Manager, Finance Manager, Sales Manager, General Manager, and Managing Partner, before taking on his current responsibility as the Regional Operations Director for our West Region. Today, he oversees 13 dealerships across Arizona, Nevada, and California, ensuring each location operates at its peak while fostering a culture of excellence and customer satisfaction.

Chris’s love for powersports is more than a profession, it's a lifelong passion. Growing up with ATCs and dirt bikes, his first forays into riding began with a Honda 125 three-wheeler and a 1979 Suzuki JR50. His journey through the world of powersports saw him racing with a 1987 KX80 and later enjoying a range of motorcycles from a 1992 CBR600 to a 2023 Low Rider ST. His all-time favorite, the 1992 ZX7r, holds a special place in his heart. Currently, Chris rides a 1997 Wide Glide and a 2024 Polaris Xpedition.

Away from the buzz of the dealership, Chris cherishes his time as a husband, father of three, and a new grandfather. His adventures now often involve his family or quiet excursions into the wilderness, hunting from his Polaris and practicing archery. These moments in the great outdoors are a reflection of the freedom and joy that powersports have brought into his life.

Chris attributes his success to the loyal employees and friends who have been pivotal in his journey. His experience in the industry has not only shaped his professional life but has also imparted invaluable life lessons. As he leads our West Region, his story continues to inspire and motivate.

Join us in celebrating Chris Chesnut – a leader, a mentor, and an integral part of our family at RumbleOn & RideNow Powersports.

Happy New Year to our fantastic RumbleOn family! As we throttle into a new year, we're revved up for more rides, more connections, and endless adventures. Your enthusiasm drives us, and we can't wait to share another year of unforgettable experiences with you.

Here's to making 2024 a year of epic journeys and new horizons. Keep the spirit of the ride alive and let's hit the road with excitement!

Happy Holidays from RumbleOn! As we gear down for the end of the year, we want to extend our warmest season's greetings to our amazing community. May your holidays be as exhilarating and joyful as a journey on the open road. Wishing you all a fantastic holiday season and a prosperous New Year!

This significant company milestone is sure to shift us into our next chapter as we ring in 2024.

Did you catch the big news? RumbleOn recently took a major leap forward, welcoming Mike Kennedy as our CEO! With over three decades of experience in the powersports industry, Mike's remarkable leadership and forward-thinking strategies are already setting a new pace for our journey. Missed the announcement? No worries, you can still join in on the excitement! Check out the press release here: https://lnkd.in/gy3YzhwW

Metric
Company Name	RumbleON, Inc.	Growing pAI
Symbol	RMBL
MSH ID	COM:RUMBLEON	COM:GROWINGPAI
Market	STOCKS	PRIVATE
Sector	Consumer Cyclical	Technology
Industry	Auto - Dealerships	Information Technology & Services
Country	US	BE
Stage
Employee Count	2.36K
Website	rumbleon.com	growingpai.com
LinkedIn	rumbleon
Founders

Metric
Market Cap	128.51M
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue	1.37B
Revenue (LTM)
Revenue (NTM)
Gross Profit	337.90M
EBITDA	12.60M
Operating Income	-9.40M
Net Income	-215.50M
EPS	-12.15
Diluted EPS	-12.15
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin	0.26
Operating Profit Margin	0.01
EBITDA Margin	0.01
Net Profit Margin	-0.15
Return on Equity	-1.32
Return on Assets	-0.22
Return on Capital Employed	0.02

COM:RUMBLEON

RumbleON, Inc.

Last Close

6.21

22/11 21:00

Market Cap

128.51M

Beta: -

Volume Today

301.13K

Avg: -

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio	-0.32
P/B Ratio	0.61
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio	0.17
EV Multiple	50.54

Metric
Days Sales Outstanding	8.56
Days Payables Outstanding	28.33
Days Inventory Outstanding	130.86
Operating Cycle	140.84
Cash Conversion Cycle	134.84
Asset Turnover	1.49

Metric
Operating Cash Flow	-65.40M
Free Cash Flow	-81.20M
Cash Flow to Debt	-0.02
Operating Cash Flow/Sales	-0.01
Free Cash Flow Yield	-0.24

Metric
Cash & Equivalents	77M
Accounts Receivable	-2.40M
Inventory	347.50M
Goodwill	800K
Debt to Capitalization	0.86
Debt to Assets	0.75
Current Ratio	1.25
Quick Ratio	0.32

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue	0.01
R&D to Revenue	0.00
SG&A to Revenue	0.18