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% on a QoQ basis from $2.3 million in Q1 2023.

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

RideNow (RDNW) has reported Amortizatization of Intangibles for 8 consecutive years, with $2.4 million the latest figure, recorded in 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 came in at $2.4 million for Q2 2023 at RideNow, 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.
  • Average Amortizatization of Intangibles over 5 years is $1.2 million, with a median of $627755.0 recorded in 2020.
  • Across the five-year window, Amortizatization of Intangibles surged 367.51% in 2019 and tumbled 63.58% in 2022, its largest moves.
  • Year by year, Amortizatization of Intangibles stood at $355939.0 in 2019, then soared by 48.34% to $528000.0 in 2020, then soared by 298.11% to $2.1 million in 2021, then rose by 16.41% to $2.4 million in 2022, then slipped by 0.29% to $2.4 million in 2023.
  • According to Business Quant data, Amortizatization of Intangibles over the past three periods registered $2.4 million, $2.3 million, and $2.4 million for Q2 2023, Q1 2023, and Q4 2022 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amort. of Intangibles (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn -
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn -
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 24.30 Mn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn -
10 RideNow 251.29 Mn 221.79 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