RumbleOn Unveiled Its New Three-year Operating Plan, Expecting Annual Revenue Exceeding $1.7B, Adjusted EBITDA Of Greater Than $150M And Adjusted FCF Of $90M Or More By Calendar Year 2026
Portfolio Pulse from Benzinga Newsdesk
RumbleOn announced a new three-year operating plan, projecting annual revenue to surpass $1.7 billion, with adjusted EBITDA over $150 million and adjusted free cash flow (FCF) of $90 million or more by 2026.

March 14, 2024 | 11:12 am
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POSITIVE IMPACT
RumbleOn's new operating plan forecasts significant growth in revenue, EBITDA, and free cash flow by 2026.
The announcement of RumbleOn's ambitious three-year operating plan is likely to be viewed positively by investors, as it signals strong growth prospects and financial health. The specific targets for revenue, EBITDA, and free cash flow are significant indicators of the company's future performance and operational efficiency. This news could lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100