7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-08-31 2015-11-30 2015-08-31 2015-05-31 2015-02-28 2014-11-30 2014-10-24 2014-10-24 2014-10-16 2014-08-31 2014-05-31 2014-02-28 
      
    		                                                
      revenue:
    		                                                
      powersports vehicles
    		204,300,000 219,000,000 172,000,000 186,400,000 206,400,000 235,000,000 214,800,000 213,264,000 235,132,000 269,721,000                                       
      parts, service and accessories
    		50,800,000 52,400,000 46,100,000 47,200,000 49,200,000 56,900,000 52,900,000 57,595,000 59,727,000 65,409,000 59,069,000 65,293,000 62,217,000 65,315,000 54,737,000 50,894,000 16,075,000                                
      finance and insurance
    		24,900,000 27,200,000 21,100,000 22,600,000 24,300,000 29,700,000 25,800,000 27,342,000 29,288,000 33,178,000 27,227,000 27,670,000 31,588,000 36,848,000 27,470,000 36,404,000 6,180,000                                
      vehicle transportation services
    		1,000,000 1,300,000 5,500,000 13,400,000 15,100,000 15,200,000 14,300,000                                          
      total revenue
    		281,000,000 299,900,000 244,700,000 269,600,000 295,000,000 336,800,000 307,800,000 311,174,000 338,111,000 382,731,000 346,304,000 317,081,000 470,272,000 546,095,000 459,920,000 444,617,000 221,214,000 168,345,623 104,264,011 4,752,612,733,708,495,400,000,000 117,257,404 84,341,293 144,424,750 126,951,361 220,320,323 270,179,904 223,177,759 1,525,744,083,681,797 19,255,022 13,914,534 8,080,205 3,444,349 3,706,142 116,522               
      yoy
    		-4.75% -10.96% -20.50% -13.36% -12.75% -12.00% -11.12% -1.86% -28.10% -29.91% -24.70% -28.68% 112.59% 224.39% 341.11% -100.00% 88.66% 99.60% -27.81% 3743648509375567360.00% -46.78% -68.78% -35.29% -100.00% 1044.22% 1841.71% 2662.03% 44297023334.09% 419.54% 11841.55%                   
      qoq
    		-6.30% 22.56% -9.24% -8.61% -12.41% 9.42% -1.08% -7.97% -11.66% 10.52% 9.22% -32.57% -13.88% 18.74% 3.44% 100.99% 31.40% 61.46% -100.00% 4053145107756687872.00% 39.03% -41.60% 13.76% -42.38% -18.45% 21.06% -100.00% 7923875986.36% 38.38% 72.21% 134.59% -7.06% 3080.64%                
      cost of revenue:
    		                                                
      total cost of revenue
    		205,000,000 216,000,000 177,500,000 202,100,000 220,700,000 246,900,000 225,200,000 239,921,000 246,166,000 276,330,000 255,269,000 223,944,000 353,926,000 408,132,000 354,707,000 354,516,000 183,827,000 148,834,378 93,085,541 4,006,057,132,053,904,000,000,000 100,453,349 75,884,559 145,738,263 117,956,492 208,305,798 254,562,392 209,186,690                      
      gross profit
    		76,000,000 83,900,000 67,200,000 67,500,000 74,300,000 89,900,000 82,600,000 71,253,000 91,945,000 106,401,000 91,035,000 93,137,000 116,346,000 137,963,000 105,213,000 90,101,000 37,387,000 19,511,245 11,178,470 7,465,556,165,459,133,000,000 16,804,055 8,456,734 -1,313,513 8,994,869 12,014,525 15,617,512 13,991,069 115,683,277,237,796 2,006,434 1,264,830                   
      yoy
    		2.29% -6.67% -18.64% -5.27% -19.19% -15.51% -9.27% -23.50% -20.97% -22.88% -13.48% 3.37% 211.19% 607.09% 841.21% -100.00% 122.49% 130.72% -951.04% 82997942109653008.00% 39.86% -45.85% -109.39% -100.00% 498.80% 1134.75%                       
      qoq
    		-9.42% 24.85% -0.44% -9.15% -17.35% 8.84% 15.92% -22.50% -13.59% 16.88% -2.26% -19.95% -15.67% 31.13% 16.77% 141.00% 91.62% 74.54% -100.00% 44427110988741208.00% 98.71% -743.83% -114.60% -25.13% -23.07% 11.62% -100.00% 5765615775.62% 58.63%                    
      gross margin %
    		27.05% 27.98% 27.46% 25.04% 25.19% 26.69% 26.84% 22.90% 27.19% 27.80% 26.29% 29.37% 24.74% 25.26% 22.88% 20.26% 16.90% 11.59% 10.72% 0.16% 14.33% 10.03% -0.91% 7.09% 5.45% 5.78% 6.27% 7.58% 10.42% 9.09% 0% 0% 0% 0%               
      selling, general and administrative
    		64,400,000 66,700,000 61,100,000 64,200,000 65,900,000 71,400,000 73,900,000 75,743,000 84,957,000 100,313,000 87,095,000 91,971,000 96,185,000 100,155,000 78,076,000 95,000,000 37,564,000 18,113,151 13,401,344 4,872,061,439,496,466 13,279,151 11,174,288 18,056,426 22,165,729 19,010,939 25,007,565 20,440,016 340,244,823,171,372 8,431,561 5,545,509 3,880,492 2,896,783 2,326,043 1,708,967               
      depreciation and amortization
    		2,200,000 2,000,000 2,300,000 4,600,000 3,100,000 3,100,000 3,500,000 4,729,000 7,275,000 5,269,000 4,741,000 6,156,000 6,570,000 5,879,000 4,474,000 3,155,000 1,717,000 631,828 599,240 21,368,770,211,324 536,381 508,322 522,995 503,093 473,670 427,438 382,225 9,827,049,970 247,669 217,827 205,767 365,770 129,277 113,335 60,085 356.25 475 475 475 475 475    475 475   
      impairment of franchise rights
    		 34,000,000                                               
      operating income
    		9,400,000 -18,800,000 3,800,000 -40,600,000 5,300,000 15,400,000 5,200,000 -69,319,000 -287,000 819,000 -801,000 -355,305,000 13,591,000 31,929,000 22,663,000 15,889,000 -22,702,000 766,266 -2,822,114 -6,715,734 2,988,523 2,389,392 -19,892,934 -13,673,953 -7,470,084 -9,817,491 -6,831,172 -8,740,270 -6,672,796 -4,498,506 -3,527,355 -3,218,542 -2,227,302 -1,820,423               
      yoy
    		77.36% -222.08% -26.92% -41.43% -1946.69% 1780.34% -749.19% -80.49% -102.11% -97.43% -103.53% -2336.17% -159.87% 4066.83% -903.05% -336.59% -859.64% -67.93% -85.81% -50.89% -140.01% -124.34% 191.21% 56.45% 11.95% 118.24% 93.66% 171.56% 199.59% 147.11%                   
      qoq
    		-150.00% -594.74% -109.36% -866.04% -65.58% 196.15% -107.50% 24052.96% -135.04% -202.25% -99.77% -2714.27% -57.43% 40.89% 42.63% -169.99% -3062.68% -127.15% -57.98% -324.72% 25.07% -112.01% 45.48% 83.05% -23.91% 43.72% -21.84% 30.98% 48.33% 27.53% 9.59% 44.50% 22.35%                
      operating margin %
    		3.35% -6.27% 1.55% -15.06% 1.80% 4.57% 1.69% -22.28% -0.08% 0.21% -0.23% -112.05% 2.89% 5.85% 4.93% 3.57% -10.26% 0.46% -2.71% -0.00% 2.55% 2.83% -13.77% -10.77% -3.39% -3.63% -3.06% -0.00% -34.65% -32.33% -43.65% -93.44% -60.10% -1562.30%               
      other income:
    		                                                
      floor plan interest expense
    		-3,100,000 -2,600,000 -2,800,000 -3,300,000 -4,400,000 -4,300,000 -4,000,000                                          
      other interest expense
    		-10,400,000 -10,900,000 -10,800,000 -11,900,000 -12,200,000 -11,900,000 -12,100,000                                          
      other income
    		100,000 200,000 200,000 100,000 100,000  300,000 -8,608,000 75,000 101,000 42,000 4,044,000 38,000 249,000                                   
      total other income
    		-13,400,000 -13,300,000 -13,400,000 -12,125,000 -16,500,000 -16,200,000  -13,887,000 -19,753,000 -18,225,000                         211,803 -1,804 -2,681 -1,989 -1,972 -1,743 -1,553 -3,731   -1,513 -1,513 -1,219 -723 
      income before income taxes
    		-4,000,000 -32,100,000 -9,600,000                                              
      income tax benefit
    		100,000 100,000 100,000 -100,000  -100,000 -300,000    -1,603,000 -80,344,000 496,000                                    
      net income
    		-4,100,000 -32,200,000 -9,700,000 -56,400,000 -11,200,000 -700,000 -10,300,000 -168,526,000 -16,484,000 -13,588,000 -16,902,000 -287,726,000 3,039,000 14,033,000 9,141,000 20,660,000 -22,544,000 -3,389,929  -8,158,087 1,486,915 1,044,472 -22,038,342 -15,027,368 -8,871,781 -13,001,599 -8,276,305 -3,839,111.5 -7,006,244 -4,736,326 -3,613,876 -3,440,700 -2,317,503 -1,892,227 -922,895 -1,725,130 -27,881 -14,554 -8,331 -11,380 -14,544 -91,873   -56,923 -56,923 -43,722 -27,998 
      yoy
    		-63.39% 4500.00% -5.83% -66.53% -32.06% -94.85% -39.06% -41.43% -642.42% -196.83% -284.90% -1492.67% -113.48% -513.96%  -353.25% -1616.16% -424.56%  -45.71% -116.76% -108.03% 166.28% 291.43% 26.63% 174.51% 129.01% 11.58% 202.32% 150.30% 291.58% 99.45% 8212.12% 12901.42% 10977.84% 15059.31% 91.70% -84.16% -80.95% -73.97% -74.45% 61.40% 56.16% 56.16%     
      qoq
    		-87.27% 231.96% -82.80% 403.57% 1500.00% -93.20% -93.89% 922.36% 21.31% -19.61% -94.13% -9567.79% -78.34% 53.52% -55.76% -191.64% 565.03%   -648.66% 42.36% -104.74% 46.65% 69.38% -31.76% 57.09% 115.58% -45.20% 47.93% 31.06% 5.03% 48.47% 22.47% 105.03% -46.50% 6087.48% 91.57% 74.70% -26.79% -21.75% -84.17% 110.13% -23.19% -23.19% 0.00% 30.19% 56.16%  
      net income margin %
    		-1.46% -10.74% -3.96% -20.92% -3.80% -0.21% -3.35% -54.16% -4.88% -3.55% -4.88% -90.74% 0.65% 2.57% 1.99% 4.65% -10.19% -2.01% 0% -0.00% 1.27% 1.24% -15.26% -11.84% -4.03% -4.81% -3.71% -0.00% -36.39% -34.04% -44.73% -99.89% -62.53% -1623.92%               
      weighted-average shares - basic and diluted
    		38,052,057,000,000 37,905,484,000,000 37,789,149,000,000  35,283,033,000,000 35,212,103,000,000 35,133,414,000,000                                          
      net income per share
    		-0.11 -0.85 -0.26 -1.59 -0.32 -0.02 -0.29        0.58 5.86 -3.25 -1.05 -1.93 -2.253 0.67 0.47 -10.77 -39.16 -0.38 -0.58 -0.4 -0.283 -0.47 -0.36 -0.28 -0.3 -0.23 -0.19 -0.13 -0.005 -0.02  0 0 0 -0.02   -0.01 -0.01 -0.01 -0.01 
      income from continuing operations before income taxes
    		   -56,200,000 -11,200,000 -800,000 -10,600,000 -99,371,000 -20,040,000 -17,406,000                                       
      income from continuing operations
    		   -56,400,000 -11,200,000 -700,000 -10,300,000 -168,377,000 -16,484,000 -12,833,000                                       
      income from discontinued operations
    		         -755,000                                 -1,219 -1,219     
      income from continuing operations per share - basic and diluted
    		   -0.158 -0.32 -0.02 -0.29                                          
      income from discontinued operations per share - basic and diluted
    		                                                
      vehicle logistics
    		       10,806,750 13,964,000 14,423,000 14,840,000 11,168,000 15,002,000 15,517,000 12,351,000                            -43,722 -43,722     
      interest expense
    		       -21,444,000 -19,828,000 -18,326,000 -17,746,000 -16,809,000 -12,603,000 -13,275,000 -11,181,000 -8,298,000 -4,577,000 -1,920,525 -1,608,820 -1,446,004 -1,488,090 -1,482,408 -2,216,757 -12,539,293 2,031,697 1,874,858 1,445,133 1,122,897 333,448 237,820 86,521 222,158 90,201 71,804 211,803       -304.75 0.00% 0.00% -1,513 -1,513 -1,219 -723 
      ppp loan forgiveness
    		           627,250 2,509,000                              0.00% 0.00%     
      change in derivative liability
    		              39,000 -25,000 -6,518,000  -20,652 1,788.75 -13,518 137,488  -205,000 -630,000 -190,000                       
      income tax benefit for continuing operations
    		       -2,426,500 -3,556,000                                        
      income tax benefit for discontinued operations
    		       -37,250                                   -0.01 -0.01     
      basic shares
    		       4,113,063,500 16,665,709,000                                        
      earnings per share - basic from continuing operations
    		       -0.7 -0.99 -0.78                                       
      earnings per share - basic from discontinued operations
    		       -0.015  -0.05                                       
      diluted shares
    		       4,113,063.5 16,665,709                                        
      earnings per share - diluted from continuing operations
    		       -0.7 -0.99 -0.78                                       
      earnings per share - diluted from discontinued operations
    		       -0.015  -0.05                                       
      income taxes benefit from continuing operations
    		         -4,573,000                                 -1,219 -1,219     
      income from operations of discontinued operations
    		         -878,000                                       
      income tax benefit from discontinued operations
    		         -123,000                                       
      weighted-average number of common shares outstanding - basic
    		         16,462,079,000 16,224,122,000  16,020,296,000 16,059,288,000 15,693,900,000                       5,089,041           
      weighted-average number of common shares outstanding - diluted
    		         16,462,079 16,224,122  16,067,395 16,095,862                                   
      vehicle sales
    		                                                
      powersports
    		          233,283,000 175,110,000 291,491,000 312,685,000 254,633,000 201,996,000 83,292,000 27,978,693 10,854,884 8,012,061 7,303,131 8,199,396 23,139,080 16,620,655 27,153,474 30,305,687 26,929,159                      
      automotive
    		          11,885,000 37,840,000 69,974,000 115,730,000 110,729,000 144,233,000 105,298,000 127,286,568 84,070,855 -618,327,401 99,315,335 68,294,841 114,198,079 105,170,692 187,108,303 233,856,329 190,907,188                      
      income before benefit from income taxes
    		          -18,505,000 8,489,750 3,535,000 18,903,000 11,521,000   -3,389,929 -4,451,586 -4,876,738.75 1,486,915 1,044,472                           
      earnings per share - basic
    		          -1.04 0.413 0.19 0.87                                   
      earnings per share - diluted
    		          -1.04 0.413 0.19 0.87                                   
      vehicles sales
    		                                                
      insurance recovery
    		                -3,135,000                                
      income tax provision
    		             4,870,000 2,380,000                                  
      weighted-average number of common shares outstanding - fully diluted
    		              15,718,441                                  
      transportation and vehicle logistics
    		               8,197,000 10,369,000 13,080,362 9,338,272 6,297,864.75 10,440,367 7,663,500 7,087,591                          
      cost of revenue
    		                           9,354,898.5 17,248,588 12,649,704 7,521,301 3,400,338 3,478,124 114,643               
      cost of revenue before impairment loss
    		               354,516,000 183,827,000 148,834,378 93,085,541 4,006,057,130,880,062,700,000,000 100,453,349 75,884,559 133,999,850                          
      impairment loss on automotive inventory
    		                      11,738,413                          
      stock-based compensation and other issuances
    		               5,985,750 23,943,000                                
      forgiveness of ppp loan
    		               2,110,000 572,000                                
      gain on early extinguishment of debt
    		                   47,041   188,164                          
      income before benefit for income taxes
    		               -10,266,500 -33,225,000                                
      benefit for income taxes
    		               2,670,250 10,681,000                                
      weighted-average number of common shares outstanding - basic and fully diluted
    		               6,920,318,000 6,939,708,000 3,242,616 2,303,525  2,234,838 2,214,241 2,046,423 1,114,714 23,178,291 22,236,175 20,484,420  14,920,693 13,006,893 12,928,541 9,917,584                 
      pre-owned vehicle sales:
    		                                                
      transportation
    		                 10,695,165 7,349,342   5,862,734 5,088,059 -1,393,884 6,058,546 6,017,888 5,341,412                      
      change in derivative and warrant liabilities
    		                 -2,235,670                               
      loss
    		                  -4,451,586                              
      other
    		                   200,009 198,571 183,556                           
      insurance recovery proceeds
    		                   -1,403,817  -5,615,268                           
      loss on early extinguishment of debt
    		                       -2,998,500  1,499,250                       
      loss in derivative liability
    		                      -116,815                          
      net income before benefit from income taxes
    		                      -22,038,342 -15,027,368 -8,871,781 -13,001,599 -8,276,305 -3,839,111.5 -7,006,244 -4,736,326 -3,613,876 -1,283,155.75 -2,317,503 -1,892,227 -922,895              
      pre-owned vehicle sales
    		                           10,205,441 18,975,968 13,818,116 8,027,680                  
      other sales and revenue
    		                           106,999.25 279,054 96,418 52,525 24,657 134,573                
      expenses:
    		                                                
      total expenses
    		                              11,607,560 6,662,891 5,933,444 1,936,945               
      revenue: used vehicle sales:
    		                                                
      consumer
    		                               406,716 1,626,864                
      dealer
    		                               436,487 1,745,948                
      auction
    		                               63,375 171,560                
      subscription and other fees
    		                               25,167 27,197                
      weighted-average number of common shares outstanding – basic and fully diluted
    		           15,871,005,000                     10,018,541                
      wholesale vehicle sales
    		                                 81,940               
      subscription fees
    		                                 34,582               
      weighted-average number of common
    		                                                
      shares outstanding – basic and diluted
    		                                 10,003,981               
      revenue
    		                                  38,889              
      costs and expenses:
    		                                                
      cost of sales
    		                                  34,688              
      general and administrative
    		                                  230,942 2,045.25 2,574 2,189 270 54 16 1,106   75 75 123 349 
      technology development
    		                                  78,009              
      professional fees
    		                                  346,257 9,081 20,651 9,001 5,614 8,808 12,200 84,886   54,860 54,860 42,380 26,926 
      total costs and operating expenses
    		                                  749,981              
      weighted-average common shares used in the computation of loss per share
    		                                                
      basic and diluted
    		                                  7,263,492              
      operating expenses:
    		                                                
      professional fees - related party
    		                                   375 1,500 900  300 300        
      total operating expenses
    		                                   11,857.5 25,200 12,565 6,359 9,637 12,991 88,142   55,410 55,410 42,503 27,275 
      interest expense - related party
    		                                   -1,804 -2,681 -1,989 -1,972 -1,743 -1,553        
      shares outstanding - basic
    		                                   1,375,000 5,500,000    5,500,000 124,673   5,224,453 5,224,453 5,168,478 5,000,000 
      weighted-average number of
    		                                          123 123     
      common shares outstanding - basic
    		                                     1,060,219 1,750,000 5,500,000         
      consulting - related party
    		                                          42,380 42,380     
      research and development
    		                                                
      see accompanying notes to financial statements.
    		                                                
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.