Ridenow Group, Inc. (RDNW) Q3 2025 TL;DR
Financial Performance & Balance Sheet Deterioration: For the nine months ended September 30, 2025, total revenue fell to $825.6M (from $939.6M in 2024), resulting in a net loss widening to $(46.0M). This performance was significantly affected by a $34.0M impairment of franchise rights. While Q3 net loss narrowed to $(4.1M) due to cost controls improving operating income to $9.4M, the balance sheet eroded substantially: Total Stockholders’ Equity swung to a $(6.9M) deficit (from a positive $36.7M at YE 2024). Liquidity declined s
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