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| Date | Value |
|---|---|
| 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 |