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

RideNow (RDNW) recorded quarterly Amortizatization of Intangibles of $2.4 million in Q2 2023, up 4.99% quarter-over-quarter from $2.3 million in Q1 2023, and up 53.65% on a YoY basis from $1.6 million in Q2 2022.

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 was $2.4 million for Q2 2023 at RideNow, up from $2.3 million in the prior quarter.
  • In the past five years, Amortizatization of Intangibles ranged from a high of $2.4 million in Q4 2022 to a low of $211725.0 in Q1 2019.
  • Historically, Amortizatization of Intangibles has averaged $1.2 million across 5 years, with a median of $627755.0 in 2020.
  • The sharpest annual moves came in 2019 and 2022: Amortizatization of Intangibles surged 367.51% in 2019, then slumped 63.58% in 2022.
  • A 5-year view of Amortizatization of Intangibles shows it 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 climbed by 16.41% to $2.4 million in 2022, then fell by 0.29% to $2.4 million in 2023.
  • The last three Amortizatization of Intangibles figures came in at $2.4 million (Q2 2023), $2.3 million (Q1 2023), and $2.4 million (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Amortizatization of Intangibles (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn -
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 24.30 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn -
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn -
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn -
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn -
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 7.80 Mn
10 RideNow 277.10 Mn 247.60 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