RumbleON

RumbleOn, Inc. engages in the provision of motor vehicle dealer and e-commerce platforms. It operates through the following segments: Powersports, Automotive, and Vehicle Logistics and Transportation. The Powersports segment distributes pre-owned motorcycles and powersports vehicles. The Automotive segment focuses on the distribution of pre-owned cars and trucks. The Vehicle Logistics and Transportation segment offers nationwide automotive transportation services between dealerships and auctions. The company was founded by Matthew A. Lane, Marshall Chesrown, and Steven Richard Berrard on October 24, 2013 and is headquartered in Irving, TX.

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RumbleON reports Q1 revenue of $346.3M, focuses on expense control and debt reduction

RumbleON's Q1 2023 performance reflects resilience in the face of economic challenges, with a focus on expense control, debt reduction, and technology enhancements.
Despite a decrease in adjusted EBITDA, the company remains proactive in addressing margin compression, aiming for improved GPU and cost management strategies.
Opportunities lie in market share growth through M&A, maintaining a strong financial position, and addressing customer financing needs amidst evolving market dynamics.
Investors can find stability in RumbleON's strategic approach, supported by captive lenders and a favorable financing environment, amidst ongoing economic uncertainties.

RumbleON reports robust Q2 results, focuses on cost reductions

RumbleON's Q2 performance reflects operational improvements, revenue growth, and cost-saving measures, positioning the company for enhanced profitability and efficiency.
While facing challenges in facility strategy and operational costs, the company's proactive approach to addressing these issues underscores a commitment to sustainable growth.
Opportunities for revenue expansion through strategic initiatives and market demand highlight RumbleON's potential for continued success and market competitiveness.

RumbleON posts robust Q3 results, eyes growth through strategic initiatives

RumbleON's Q3 2023 earnings call highlighted strong financial performance, strategic initiatives, and future growth prospects. The company's focus on operational efficiency, balance sheet strengthening, and capital deployment post rights offering completion positions it well for future success.

RumbleON reports Q4 revenue dip, outlines Vision 2026 growth plan

RumbleON faced revenue decline in Q4 2023 but demonstrated cost management and strategic planning strengths.
Challenges include margin pressures, inventory management, and addressing analyst concerns.
Opportunities lie in acquisitions, debt optimization, and executing the Vision 2026 plan for long-term growth.
Overall, RumbleON's performance reflects resilience amidst industry transformations and strategic ambitions.

RumbleON maintains stable EBITDA amidst revenue decline, eyes ambitious growth

RumbleON's Q1 2024 performance reflected stable EBITDA and strong pre-owned gross margins amidst revenue challenges and expense management successes.
While facing declining sales and high debt levels, the company's strategic initiatives to open new retail centers and reduce expenses signal opportunities for growth.
Vision 2026 goals underscore RumbleON's ambitious growth plans, setting the stage for potential market expansion and enhanced financial performance.

RumbleOn reports positive cash flow, eyes Vision 2026 amidst challenges

RumbleOn navigates a tough powersports industry landscape with a focus on financial stability and operational efficiency. Despite revenue decline and industry headwinds, the company's strategic initiatives and commitment to long-term goals position it for growth.

RumbleON reports Q3 revenue decline, secures capital for growth

RumbleON's Q3 2024 performance reflects revenue and EBITDA declines YoY, with challenges in inventory management and declining sales in certain segments.
Despite these challenges, the company secured capital commitments, engaged in refinancing efforts, and demonstrated operational improvements in key business areas.
Opportunities lie in financial strengthening, operational efficiency enhancements, and strategic goal alignment for future growth and market expansion.

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Should bottom-fishers buy RMBL stock after a 30% one-day drop? Maybe not, as RumbleOn's recent developments aren't necessarily all positive.

C-Suite Exodus Means RumbleOn Might Run Out of Gas

IRVING, Texas--(BUSINESS WIRE)--RumbleOn Completes Acquisition of Freedom Powersports

RumbleOn Completes Acquisition of Freedom Powersports

IRVING, Texas--(BUSINESS WIRE)--RumbleOn Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call Schedule

RumbleOn Announces Fourth Quarter and Full Year 2021 Earnings Release and Conference Call Schedule

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of RumbleON, Inc. (“RumbleON” or the “Company”) (NASDAQ: RMBL). Investors who purchased RumbleON shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/rmbl. The investigation concerns whether RumbleON and certain of its officers and/or directors have violated federal securities

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of RumbleON, Inc. (RMBL) Investigation

San Diego, California--(Newsfile Corp. - February 15, 2022) -  Shareholder Rights Law Firm Johnson Fistel, LLP is investigating potential claims on behalf of purchasers of RumbleON, Inc. ("RumbleON" or the "Company") (NASDAQ: RMBL).On February 14, 2022, RumbleOn announced that Mark Tkach, director, chief operating officer, and Bill Coulter, executive vice chairman of the board, stepped down.Following this news, Rumble on stock price closed down 30.22% on February 14, 2022.If you have information that could assist...

(RMBL) News: Have You Lost Money on Your RumbleON, Inc. Investment? Contact Johnson Fistel Regarding Investigation

DALLAS--(BUSINESS WIRE)--RumbleOn Announces Senior Management Changes and Outlines Organizational Improvements to Enhance the Customer Experience

RumbleOn Announces Senior Management Changes and Outlines Organizational Improvements to Enhance the Customer Experience

DALLAS--(BUSINESS WIRE)--RumbleOn Closes Captive Consumer Financing Facility

RumbleOn Closes Captive Consumer Financing Facility

RumbleOn Inc (NASDAQ: RMBL) has appointed Narinder Sahai as the company's Chief Financial Officer (CFO). Sahai will report to RumbleOn's Chief Executive Officer, Marshall Chesrown, beginning February 1, 2022.

RumbleOn Appoints Narinder Sahai As Finance Head

Mr. Sahai brings more than 18 years of Finance Leadership Experience from Bellwether Companies in Technology, Energy, and Automotive Sectors. DALLAS, TX / ACCESSWIRE / February 1, 2022 / RumbleOn, Inc. (NASDAQ:RMBL), the nation's largest retailer of powersports vehicles and first omnichannel customer experience in powersports, today announced that Narinder Sahai has been appointed as the company's Chief Financial Officer.

RumbleOn Appoints Senior Finance Executive, Narinder Sahai, as Chief Financial Officer

While RMBL stock was one of the surprising Covid-19 winners due to its powersports play, the argument is declining in relevance. The post RumbleON Speculators May be Looking at a ‘Slash 2' Investment appeared first on InvestorPlace.

RumbleON Speculators May be Looking at a ‘Slash 2' Investment

RMBL stock hasn't broken out of its range in a while, but RumbleOn is expanding and revving up its revenue-generating potential. The post Kick-Start Your Small-Cap Portfolio with RumbleOn appeared first on InvestorPlace.

Kick-Start Your Small-Cap Portfolio with RumbleOn

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc (NASDAQ: RMBL), the nation's largest seller and first omnichannel customer experience in powersports, today announced it has established a mutually beneficial business relationship with NADA/J.D. Power enabling customers to receive instant cash offers on powersports online at NADAGuides.com. “We are thrilled to collaborate with NADA/J.D. Power and provide the only Powersports CashOffer tool on their website,” said Peter Levy, RumbleOn's President. “We look

RumbleOn and NADA/J.D. Power Announce a New Marketing and Referral Agreement

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc (NASDAQ: RMBL), the nation's first technology based omnichannel powersport platform, announced that Marshall Chesrown, Chief Executive Officer, will virtually present at the upcoming ICR Conference at 3:30 p.m. ET on Tuesday, January 11th, 2022. Date: Tuesday, January 11th Time: 3:30 p.m. Eastern Time Format: Fireside chat A live and archived webcast of the presentation will be accessible on the Events & Presentations section of the RumbleOn investor r

RumbleOn to Present at Upcoming ICR Conference January 11th 2022

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the nation's first technology-based Omnichannel marketplace in powersports, today announced the completion of its previously announced acquisition of a Jacksonville-based powersports retail location. This new retail location has a history of steady revenue growth and consistent profitability. As part of the acquisition, RumbleOn acquired several manufacturer product lines including Yamaha Powersports, Yamaha Marine and Boats, Yamaha PWC, S

RumbleOn has Completed its Acquisition of Jacksonville-based Powersports Retail Location

RMBL stock could see plenty of upside as the company looks to become a market leader in the powersports industry. The post RumbleOn Stock Could Juice Your Portfolio Returns in 2022 appeared first on InvestorPlace.

RumbleOn Stock Could Juice Your Portfolio Returns in 2022

RMBL stock has rambled for much of 2021. There could be a breakout moment in the near future, though, as RambleOn's sales are exploding.

Dare to Go Off-Road with a Speculative Stake in RumbleOn

RumbleON, Inc. (RMBL) CEO Marshall Chesrown on Q3 2021 Results - Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc (NASDAQ: RMBL), the nation's first technology-based Omnichannel marketplace in powersports, today announced financial results for the three months ended September 30, 2021. Management is hosting an investor call to discuss results today, November 15, 2021, at 8:30 am ET. Supplemental financial information is available on RumbleOn's investor relations website. Management Commentary: Marshall Chesrown, Chief Executive Officer commented, “We are the nation's

RumbleOn Reports Financial Results for the Third Quarter 2021

Acquisition of 13 locations will bring RumbleOn to Georgia and Alabama, and expand its presence in Texas Strategic expansion further strengthens RumbleOn's omnichannel offering DALLAS, TX / ACCESSWIRE / November 9, 2021 / RumbleOn, Inc. (NASDAQ:RMBL), the nation's largest retailer of powersports vehicles and first omnichannel customer experience in powersports, today announced it has entered into a definitive agreement to acquire Freedom Powersports, including the business and powersports dealerships operated at 13 locations in Texas, Georgia and Alabama. The addition of Freedom Powersports will expand RumbleOn's national presence to over 55 locations.

RumbleOn Enters into Definitive Agreement to Acquire Freedom Powersports

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc (NASDAQ: RMBL), the nation's largest retailer of powersports vehicles, today announced it will release third quarter 2021 financial results before the market opens on November 15, 2021. On that day management will host a conference call and webcast at 8:30 a.m. ET to discuss the company's business and financial results. Third Quarter Conference Call and Webcast Details What: RumbleOn Third Quarter 2021 Earnings Conference Call When: Monday, November 15, 20

RumbleOn to Report Third Quarter 2021 Financial Results on November 15, 2021

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the nation's largest retailer of powersports vehicles, today announced it has opened a 60,000-square-foot fulfillment center in Orlando, Florida, providing potential processing of thousands of units per month, which will be available onsite and online. This, and future additional locations will provide consistent and professional processing of pre-owned units with reconditioning capabilities, photos via a state-of-the-art and fully automat

RumbleOn Expands Florida Presence with Orlando Fulfillment Center

Powersports vehicles retailer RumbleON Inc (NASDAQ: RMBL) has agreed to acquire a Jacksonville-based Powersports dealer for an undisclosed sum. The deal marks its first acquisition since the close of the business combination with RideNow on August 31, 2021.

RumbleON To Acquire Powersports Dealership In Florida For Undisclosed Sum

DALLAS--(BUSINESS WIRE)--RumbleOn, Inc. (NASDAQ: RMBL), the nation's largest retailer of powersports vehicles and first omnichannel customer experience in powersports, today announced it has entered into an asset purchase agreement to acquire a Jacksonville-based powersports dealer with steady revenue growth and history of consistent profitability. The anticipated acquisition will support RumbleOn's continued growth by expanding the Company's footprint and strengthening its omnichannel strategy

RumbleOn Expands Jacksonville, Florida Footprint with Agreement to Acquire Powersports Dealership

RumbleON Inc's (NASDAQ:RMBL) infrastructure-light platform makes it easier for various value chain participants to deal in pre-owned vehicles, according to Wedbush. The RumbleON Analyst: Seth Basham initiated coverage of RumbleOn with an Outperform rating and $55 price target.

Why Wedbush Is Positive On RumbleON's Acquisition Of RideNow

RMBL has completed its Business Combination with RideNow, the largest powersports dealer in the United States, significantly improving the combined financial performance.

News for RumbleON Stock (RMBL)