← RideNow Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($225k) |
($8.6m)
-3717.53%
|
($25.2m)
-193.72%
|
($45.2m)
-79.40%
|
($25.0m)
+44.66%
|
($9.7m)
+61.10%
|
($261.5m)
-2589.08%
|
($215.5m)
+17.59%
|
($78.6m)
+63.53%
|
($52.4m)
+33.33%
|
— | |
| Depreciation, Depletion and Amortization | $2k | $668k | $984k | $1.8m | $2.1m | $6.1m | $23.1m | $22.0m | $14.3m | $9.0m | $8.6m | |
| Amortization of Debt Issuance Costs | — | — | $401k | $1.2m | $1.9m | $2.2m | $2.6m | $10.4m | $9.2m | $8.8m | — | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | $144k | $42k | — | $6.4m | $10.4m | $9.2m | $8.8m | — | |
| Amortization of Intangible Assets | $2k | $668k | $984k | $1.8m | $2.1m | $6.1m | $23.1m | — | — | — | — | |
| Capitalized Computer Software, Amortization | — | $589k | $826k | $1.4m | $1.9m | $1.4m | $4.7m | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | — | $503k | $1.7m | $3.8m | $3.0m | $29.2m | $9.4m | $12.0m | $4.6m | $2.1m | $2.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | $1.4m | — | — | — | |
| Share-based Payment Arrangement, Expense | — | $503k | $1.7m | — | — | — | — | — | — | — | $2.8m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | $350.3m | $60.1m | $39.3m | $34.8m | — | |
| Goodwill, Impairment Loss | — | — | — | $1.9m | $0 | $0 | $244.7m | $23.1m | — | $800k | $73.3m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | $39.3m | $34.8m | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | $0 | $0 | $0 | — | — | $39.3m | $34.0m | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($64.1m) | ($51.9m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $4.3m | ($8.4m) | $0 | $600k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | ($2.0m) | $1.2m | $9.8m | ($5.9m) | $2.4m | ($19.8m) | ($1.6m) | ($4.4m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | $1.1m | $311k | $0 | — | — | — | — | ($4.4m) | |
| Increase (Decrease) in Inventories | — | $2.8m | $1.7m | $2.3m | ($24.3m) | $53.2m | $102.3m | $31.7m | ($107.9m) | $16.8m | ($29.9m) | |
| Inventory Write-down | — | — | — | — | — | — | — | $12.6m | $0 | — | — | |
| Increase (Decrease) in Accounts Payable | $130k | ($577k) | ($286k) | — | — | — | — | — | — | — | — | |
| Purchases of property and equipment, accrued but unpaid | — | $623k | $6k | $120k | $175k | $5.6m | $5.6m | $13.7m | $2.0m | $5.6m | ($6.0m) | |
| Net Cash Provided by (Used in) Operating Activities | ($20k) |
($9.6m)
-48075.28%
|
($23.5m)
-143.70%
|
($39.7m)
-69.48%
|
$17.1m
+143.13%
|
($32.2m)
-287.70%
|
($18.9m)
+41.30%
|
$3.4m
+118.00%
|
$0
-100.00%
|
$15.9m |
($4.8m)
-130.19%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $0 | $623k | $6k | $120k | $175k | $5.6m | $5.6m | $13.7m | $2.0m | $5.6m | ($6.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $3.3m | $700k | $0 | ($71.3m) | |
| Net Cash Provided by (Used in) Investing Activities | ($46k) | ($1.9m) | ($17.6m) | ($3.9m) | ($2.3m) | ($378.8m) | ($82.2m) | ($19.1m) | $900k | ($2.7m) | ($2.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($1.5m) | $188k | $0 | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | $84.5m | $2.2m | $0 | $10.0m | $35.4m | |
| Proceeds from Issuance of Common Stock | $1.4m | $17.7m | $33.1m | $15.2m | $10.8m | $191.2m | $0 | $98.4m | $9.8m | $0 | $1k | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | ($1.4m) | ($900k) | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.4m |
$19.3m
+1268.13%
|
$47.6m
+146.50%
|
$34.6m
-27.44%
|
($18.1m)
-152.29%
|
$459.5m
+2642.39%
|
$107.7m
-76.56%
|
($5.2m)
-104.83%
|
$0
+100.00%
|
($67.0m) |
($2.1m)
+96.87%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $9.2m | $15.8m | $6.7m | $48.5m | $6.6m | $18.4m | $19.7m | ($53.8m) | $46.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $6.7m | $3.5m | $52.0m | $58.6m | $77.0m | $96.7m | $42.9m | $46.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $204k | $1.2m | $4.9m | $3.8m | $12.1m | $49.4m | $66.0m | $49.5m | $45.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $6.6m | $1.0m | ($800k) | $400k | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | $1.3m | $11k | ($8.8m) | $39k | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | $0 | $500k | $1.9m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | — | $900k | $400k | — | |
| General and Administrative Expense | $58k | $1.4m | $10.0m | $29.9m | $18.1m | $40.7m | $65.6m | $43.5m | $32.3m | $30.1m | — | |
| Goodwill | — | $1.9m | $26.1m | $26.9m | $26.9m | $260.9m | $21.1m | $800k | $800k | $0 | $73.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($214.4m) | ($78.6m) | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($1.1m) | $0 | — | — | |
| Income Tax Expense (Benefit) | ($513) | $0 | $0 | $0 | $0 | ($21.7m) | ($72.6m) | $59.3m | ($200k) | $300k | — | |
| Operating Expenses | $213k | $15.3m | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $1.7m | $2.2m | $7.4m | $31.4m | — | — | — | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | — | $76k | $1.4m | — | — | — | — | |
| Stock or Unit Option Plan Expense | — | — | — | $24k | $21k | $31k | $0 | $0 | $700k | ($700k) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.