RumbleOn(RMBL) - 2020 Q2 - Earnings Call Presentation

Company Overview - RumbleOn is an e-commerce platform that aggregates and distributes pre-owned vehicles online[7] - The company aims to disrupt the pre-owned vehicle supply chain by providing technology solutions to dealers and a transparent transaction experience to consumers[7] - RumbleOn provides paperless and friction-free retail financing to consumers[13] Financial Performance & History - In 2017, RumbleOn's revenue was $73 million[10, 11] - In 2018, RumbleOn's revenue increased significantly to $156 million[10, 11] - By 2019, RumbleOn's revenue had grown substantially to $840 million[10, 11] Market Opportunity & Accomplishments - The annual used vehicle sales market is estimated to be over $1 trillion[20] - The market includes $765 billion in cars and trucks and $235 billion in motorcycles and powersports[21] - In 2019, RumbleOn provided logistics for over 100,000 vehicles[19] - The company provided over 500,000 cash offers[18] Goals - RumbleOn aims to become the largest listing site for powersports[27] - The company intends to achieve sustainable and profitable growth and drive long-term shareholder value[27]