RideNow Group, Inc. (RDNW)

From the record

RideNow Group, Inc.'s filings since 2017 show 15 warning events of 4 kinds: a debt default or acceleration notice (8-K item 2.04, the latest 2017-01-09); a notice about its exchange listing (8-K item 3.01, 5 times, the latest 2025-01-16); an auditor change (8-K item 4.01, 6 times, the latest 2026-06-11); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-03-14) (its current reports).

From the record

RideNow Group, Inc.'s 6 filed years say what it did: revenue went from $416 million in fiscal 2020 to $1.1 billion in fiscal 2025, up 21.1% a year; it rose in 2 of 5 years; the deepest fall was 26% from fiscal 2022 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, RideNow Group, Inc.'s diluted share count grew about 33.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-10-22 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, RideNow Group, Inc.'s shareholders' equity was below zero, so the profit on it is not read, and gross profitability: its products earned about 44 cents per dollar of everything the company owns. Leverage: it owed about 102 cents per dollar of assets, and net share issuance: its share count grew 7.3% over the year (the filed statements).

From the record

RideNow Group, Inc.'s standing among 33 graded names in its industry family: revenue of $1.1 billion in fiscal 2025 ranks in the top 31% by size; a net margin of -4.8% ranks in the bottom 38%; revenue growth of -9.5% a year over the last 3 filed years ranks in the bottom 20% (its annual reports).

From the record

RideNow Group, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Quartieri, Michael (Chairman and CEO, as filed), filing under that title since 2025-03-12, 1.7 years (top 50% of its family); the 12 officers and directors filing in the last fifteen months have been on the record a median of 1.8 years (bottom 6%); 14 officer or director changes were reported on Form 8-K since 2023-11-13, against the 12 people in charge now (bottom 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

RideNow Group, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $30 million against debt of $208 million leaves -26.4% of its assets as net cash, bottom 2% of its family; cash from operations less capital spending is 1% of revenue (bottom 48%); a gross margin of 27.5% (bottom 33%) (its annual report).

From the record

RideNow Group, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.5% a year over the last three filed years against 21.1% over all 6, slowing (bottom 14% of its family); the newest year grew -10.5% (bottom 32%); capital spending grew 0% a year (top 43%) (its annual reports). RideNow Group, Inc. reported 6 product lines in fiscal 2025: Powersports New Vehicles at $556 million (51%), Powersports Pre Owned Vehicles at $207 million (19%), Parts and Other Revenue at $198 million (18%), and 3 more; 1 of 6 grew against the year before (its annual report).

From the record

RideNow Group, Inc.'s newest year against its own record: revenue of $1.1 billion in fiscal 2025 came in 1.7% below the $1.1 billion its prior three years' pace pointed to (top 40% of its family); net income of $52 million against a prior three-year average of $185 million (top 12%); a net margin of -4.8% against -13.4% before (top 19%) (its annual reports).