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RumbleON (RumbleON) EBIT : $-72 Mil (TTM As of Mar. 2024)


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What is RumbleON EBIT?

RumbleON's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-72 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. RumbleON's annualized ROC % for the quarter that ended in Mar. 2024 was 2.64%. RumbleON's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. RumbleON's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.64%.


RumbleON EBIT Historical Data

The historical data trend for RumbleON's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RumbleON EBIT Chart

RumbleON Annual Data
Trend Nov14 Nov15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -37.99 -18.55 -14.99 -253.40 -77.90

RumbleON Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.70 0.92 -0.21 -77.93 5.50

Competitive Comparison of RumbleON's EBIT

For the Auto & Truck Dealerships subindustry, RumbleON's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RumbleON's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, RumbleON's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where RumbleON's EV-to-EBIT falls into.



RumbleON EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-72 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RumbleON  (NAS:RMBL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

RumbleON's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=20.8 * ( 1 - -2.83% )/( (834.7 + 783.7)/ 2 )
=21.38864/809.2
=2.64 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

RumbleON's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22/( ( (228.67 + max(337.2, 0)) + (240.3 + max(332, 0)) )/ 2 )
=22/( ( 565.87 + 572.3 )/ 2 )
=22/569.085
=3.87 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.8 + 347.5 + 24.1) - (32.7 + 3.5 + 8)
=337.2

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.5 + 353.7 + 16.9) - (72.1 + 0 + 0)
=332

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

RumbleON's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-71.719/830.351
=-8.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RumbleON EBIT Related Terms

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RumbleON (RumbleON) Business Description

Traded in Other Exchanges
Address
901 W Walnut Hill Lane, Irving, TX, USA, 75038
RumbleON Inc is a USA-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment that derives the majority of revenue consists of the distribution principally of motorcycles and other powersports vehicles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions.
Executives
Stone House Capital Management, Llc 10 percent owner 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
William Coulter director, 10 percent owner 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Mark Tkach director, 10 percent owner, officer: Interim CEO 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Sh Capital Partners, L.p. 10 percent owner 1019 KANE CONCOURSE, SUITE 202, BAY HARBOR ISLANDS FL 33154
Mark Alexander Cohen 10 percent owner 950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Melvin Flanigan director C/O CAMPING WORLD HOLDINGS, INC., 250 PARKWAY DRIVE, SUITE 270, LINCOLNSHIRE IL 60069
Michael Francis officer: Chief Legal Officer 901 W. WALNUT HILL LANE, IRVING TX 75038
Steven J Pully director 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Rebecca C. Polak director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Wjc Properties, L.l.c. other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-098 Trust other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc-2009, L.l.c. other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Wrc 2021 Irrevocable Trust other: Member of 13(d) Group 1188 EAST CAMELBACK ROAD, PHOENIX AZ 85014
Blake Lawson officer: Chief Financial Officer C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038
Adam Alexander director C/O RUMBLEON, INC., 901 W. WALNUT HILL LANE, IRVING TX 75038