A Business at a Glance
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Table of Contents Forward-Looking and Cautionary Statements Matters discussed in this report and in other public disclosures, both written and oral, include “forward-looking” statements as defined in the Private Securities Litigation Reform Act of 1995, as codified in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended (the “Exchange Act”). Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believes,” “estimates,” “anticipates,” “expects,” “intends,” “plans,” “seeks,” or words of similar meaning, or future or conditional verbs, such as “may,” “will,” “should,” “could,” “aims,” “intends,” or “projects,” and similar expressions, whether in the negative or the affirmative. You should not place undue reliance on forward-looking statements, which speak only as of the date of the report.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.2B | 1.4B | 1.5B | 924M | 416M |
| Net Income | -102M | -79M | -216M | -262M | -9.7M | -25M |
| EPS | $-2.80 | $-2.22 | $-12.15 | $-16.48 | $-1.41 | $-11.44 |
| Free Cash Flow | 41M | 97M | -53M | -52M | -38M | 17M |
| ROIC | -22.1% | -4.4% | -18.3% | -45.1% | -1.4% | -320.8% |
| Gross Margin | 26.9% | 26.0% | 26.3% | 30.3% | 17.1% | 7.6% |
| Debt/Equity | 0.00 | 6.84 | 2.60 | 1.82 | 0.59 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -46M | -15M | -70M | -260M | -8.9M | -19M |
| Operating Margin | -4.2% | -1.2% | -5.1% | -17.8% | -1.0% | -4.5% |
| ROE | 0.0% | -110.5% | -204.1% | -126.9% | -2.3% | -547.0% |
| Shares Outstanding | 38M | 35M | 18M | 16M | 7M | 16M |
RideNow Group, Inc. passes 3 of 9 quality checks, indicating weak fundamentals.
On a free-cash-flow basis, the stock trades at 6.1x vs a median of 14.5x. The company's 5-year average gross margin is 21.5%. At current prices, the estimated annualized return to fair value is +127.1%.
RideNow Group, Inc. (RDNW) has a 5-year average return on invested capital (ROIC) of -17.3%. This is below average and may indicate limited pricing power.
RideNow Group, Inc. (RDNW) has a market capitalization of $251M. It is classified as a small-cap stock.
RideNow Group, Inc. (RDNW) does not currently pay a regular dividend.
RideNow Group, Inc. (RDNW) operates in the Services-Computer Programming Services industry, within the Technology sector.
RideNow Group, Inc. (RDNW) reported annual revenue of $1.2 billion in its most recent fiscal year, based on SEC EDGAR filings.
RideNow Group, Inc. (RDNW) has a net profit margin of -6.5%. The company is currently unprofitable.
RideNow Group, Inc. (RDNW) generated $97 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
RideNow Group, Inc. (RDNW) has a debt-to-equity ratio of 6.84. This indicates higher leverage, which may increase financial risk.
RideNow Group, Inc. (RDNW) reported earnings per share (EPS) of $-2.22 in its most recent fiscal year.
RideNow Group, Inc. (RDNW) has a return on equity (ROE) of -110.5%. A negative ROE may indicate losses or negative equity.
RideNow Group, Inc. (RDNW) has a 5-year average gross margin of 21.5%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 10 years of financial data for RideNow Group, Inc. (RDNW), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
RideNow Group, Inc. (RDNW) has a book value per share of $1.04, based on its most recent annual SEC filing.