RumbleON Inc (NAS:RMBL)
$ 5.61 0.06 (1.08%) Market Cap: 198.23 Mil Enterprise Value: 816.62 Mil PE Ratio: 0 PB Ratio: 2.12 GF Score: 52/100

RumbleOn Inc at Raymond James Institutional Investors Conference Transcript

Mar 07, 2022 / 09:00PM GMT
Release Date Price: $25.59 (-7.05%)
Joe Altobello;Marshall Chesrown
Raymond James - Analyst;RumbleOn, Inc. - Co-Founder,

Good afternoon, everybody. Thank you for joining us. I am Joe Altobello, equity research analyst here at Raymond James covering the leisure sector. Very pleased to be joined this afternoon by members of the management team from RumbleOn, including CEO, Marshall Chesrown, as well as Director of Investor Relations, Will Newell. Welcome, everybody.

For those of you who may not be familiar with the story, RumbleOn is the largest power sports dealer in the United States pursuing an omni-channel strategy that includes both e-commerce as well as a significant brick-and-mortar presence after last year's merger with RideNow and the recent acquisition of Freedom Powersports.

That introduction clearly doesn't do the company justice unfortunately. So, before we dive into the strategy, I think it might be helpful for the audience, Marshall, if you could provide them with your background, your motivation to co-found RumbleOn, and what about the power sports industry interested you?

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