Loading...
•
Dec 31, 2021
RumbleON Q4 2021 Earnings Report
Reported record operational and financial results.
Key Takeaways
RumbleOn reported a record year, accelerating the flow of inventory acquired online through retail locations. The company generated $117.4 million in pro forma adjusted EBITDA and nearly $1.6 billion in pro forma revenue.
Comparable pro forma basis in Q4, used retail Powersports units sold increased by 87%.
Comparable pro forma basis in Q4, revenue from used retail Powersports sales increased by 164%.
The company is focused on building an unparalleled customer experience in Powersports.
The strategy to combine the online with the in-store experience is working.
RumbleON
RumbleON
Forward Guidance
RumbleOn is making great strides in its mission to build the future of Powersports and is confident that this is the most durable way to deliver long term value to its stakeholders.