RumbleOn, Inc. announced its second-quarter 2025 financial results on August 11, 2025. Total revenue for the quarter was $299.9 million, an 11.0% decrease from Q2 2024, and the company reported a net loss of $32.2 million. Despite the revenue decline, Adjusted EBITDA increased by 6.2% to $17.2 million.
The company also announced a rebranding initiative, including a name change to RideNow Group, Inc. and a relocation of its corporate headquarters from Irving, Texas, to Chandler, Arizona. This strategic move aims to align the corporate identity with its core powersports brand and streamline operations.
Furthermore, RumbleOn entered an agreement on August 10, 2025, to extend the maturity date of its term debt credit agreement to September 30, 2027, with a 50-basis point reduction in interest. The company will pay down $20.0 million in principal, funded by a $10.0 million subordinated note from related parties and existing cash, expecting $3.4 million in annualized cash interest expense savings.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.