RideNow (RDNW) Amortizatization of Intangibles (2016 - 2023)

RideNow (RDNW) posted quarterly Amortizatization of Intangibles of $2.4 million for Q2 2023, up 53.65% year-over-year from $1.6 million in Q2 2022, and up 4.99% quarter-over-quarter from $2.3 million in Q1 2023.

RideNow (RDNW) Amortizatization of Intangibles (2016 - 2023) Analysis & Trends

RideNow's Amortizatization of Intangibles history runs 8 years deep, the most recent figure standing at $2.4 million for Q2 2023.

  • In Q2 2023, Amortizatization of Intangibles rose 53.65% year-over-year to $2.4 million; the TTM figure through Jun 2023 stood at $7.6 million (up 12.8% YoY), while the FY2022 annual figure was $6.4 million, up 45.53% from the prior year.
  • Amortizatization of Intangibles for Q2 2023 stood at $2.4 million, up from $2.3 million in the prior quarter.
  • The five-year high for Amortizatization of Intangibles was $2.4 million in Q4 2022, with the low at $211725.0 in Q1 2019.
  • The 5-year median for Amortizatization of Intangibles is $627755.0 (2020), against an average of $1.2 million.
  • The sharpest annual moves came in 2019 and 2022: Amortizatization of Intangibles jumped 367.51% in 2019, then sank 63.58% in 2022.
  • RideNow's Amortizatization of Intangibles stood at $355939.0 in 2019, then surged by 48.34% to $528000.0 in 2020, then surged by 298.11% to $2.1 million in 2021, then advanced by 16.41% to $2.4 million in 2022, then declined by 0.29% to $2.4 million in 2023.
  • Business Quant data shows RDNW's Amortizatization of Intangibles at $2.4 million in Q2 2023, $2.3 million in Q1 2023, and $2.4 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortizatization of Intangibles (Qtr)
1 Uxin 78.40 Bn 78.40 Bn - -
2 Carvana 51.67 Bn 48.92 Bn 1.38 Bn -
3 Penske Automotive 14.30 Bn 14.23 Bn 1.36 Bn -
4 Lithia Motors 8.59 Bn 8.23 Bn 1.50 Bn -
5 Carmax 8.33 Bn 7.73 Bn 854.41 Mn -
6 Autonation 7.03 Bn 6.97 Bn 1.23 Bn -
7 Rush Enterprises Inc \Tx\ 6.32 Bn 6.06 Bn 361.67 Mn -
8 Autozi Internet Technology (Global) 6.24 Bn 6.05 Bn - -
9 Valvoline 4.23 Bn 4.15 Bn 214.90 Mn -
10 RideNow 249.39 Mn 235.99 Mn 70.90 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 2.44 Mn
Jun 30, 2023 2.44 Mn
Mar 31, 2023 2.32 Mn
Mar 31, 2023 2.32 Mn
Dec 31, 2022 2.45 Mn
Dec 31, 2022 2.45 Mn
Sep 30, 2022 413,000.00
Sep 30, 2022 413,000.00
Jun 30, 2022 1.59 Mn
Jun 30, 2022 1.59 Mn
Mar 31, 2022 1.94 Mn
Mar 31, 2022 1.94 Mn
Dec 31, 2021 2.10 Mn
Dec 31, 2021 2.10 Mn
Sep 30, 2021 1.13 Mn
Sep 30, 2021 1.13 Mn
Jun 30, 2021 591,000.00
Jun 30, 2021 591,000.00
Mar 31, 2021 559,000.00
Mar 31, 2021 559,000.00