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Pixelworks Reports Second Quarter 2025 Financial Results

RideNow Group reported a Q2 2025 revenue of $8.3 million and a non-GAAP net loss of $5.3 million, reflecting ongoing strategic initiatives and a reverse stock split.

  • On August 11, 2025, RumbleOn, Inc. reported $299.9 million revenue, down 11.0%, and net loss of $32.2 million, while adjusted EBITDA increased $1.0 million to $17.2 million.
  • On August 10, 2025, RumbleOn rebranded as RideNow Group, Inc., relocated headquarters back to Phoenix, AZ area, and extended its term loan to September 30, 2027, with a $20.0 million paydown.
  • Impairs franchise rights by $34.0 million, SG&A expense fell to $66.7 million, and powersports unit sales declined by 590 in Q2 2025.
  • Shares of the Company's Class B common stock will trade under RMBL at market open on August 13, 2025, and the Investor Relations website remains accessible until then.
  • Quartieri said the `back to our roots` strategy is working and provides operating flexibility, expressing confidence in improved results and shareholder value.
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Hometown Source broke the news in on Monday, August 11, 2025.
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