
($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated and Adjustments		Total
Three Months Ended September 30, 2025
Revenue:
Powersports vehicles	$	204.3	$	—	$	—	$	204.3
Parts, service and accessories	50.8		—		—		50.8
Finance and insurance, net	24.9		—		—		24.9
Vehicle transportation services	—		1.0		—		1.0
Total revenue	280.0		1.0		—		281.0
Cost of revenue:
Powersports vehicles	177.4		—		—		177.4
Parts, service and accessories	26.9		—		—		26.9
Vehicle transportation services	—		0.7		—		0.7
Total cost of revenue	204.3		0.7		—		205.0
Gross profit	75.7		0.3		—		76.0
Compensation and related costs	36.7		0.2		—		36.9
Facilities	11.0		0.1		—		11.1
Other operating expenses(1)	16.3		0.1		—		16.4
Depreciation and amortization	—		—		2.2		2.2
Floor plan interest expense	3.1		—		(3.1)		—
Operating income (loss)	8.6		(0.1)		0.9		9.4
Floor plan interest expense							3.1
Other interest expense							10.4
Other non-operating expense (income)							(0.1)
Loss before income taxes							$	(4.0)

(1) Other operating expenses represent general and administrative expenses, advertising, professional fees and stock-based compensation expenses. The detail for these expenses on a consolidated basis is in Note 5 and is primarily attributable to the Powersports Dealership Group.


($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated and Adjustments		Total
Three Months Ended September 30, 2024
Revenue:
Powersports vehicles	$	206.4	$	—	$	—	$	206.4
Parts, service and accessories	49.2		—		—		49.2
Finance and insurance, net	24.3		—		—		24.3
Vehicle transportation services	—		15.1		—		15.1
Total revenue	279.9		15.1		—		295.0
Cost of revenue:							—
Powersports vehicles	182.6		—		—		182.6
Parts, service and accessories	26.5		—		—		26.5
Vehicle transportation services	—		11.6		—		11.6
Total cost of revenue	209.1		11.6		—		220.7
Gross profit	70.8		3.5		—		74.3
Compensation and related costs	35.3		1.8		—		37.1
Facilities	12.0		—		—		12.0
Other operating expenses(1)	16.4		0.4		—		16.8
Depreciation and amortization	—		—		3.1		3.1
Floor plan interest expense	4.4		—		(4.4)		—
Operating income (loss)	2.7		1.3		1.3		5.3
Floor plan interest expense							4.4
Other interest expense							12.2
Other non-operating expense (income)							(0.1)
Loss before income taxes							$	(11.2)


($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated and Adjustments		Total
Nine Months Ended September 30, 2025
Revenue:
Powersports vehicles	$	595.3	$	—	$	—	$	595.3
Parts, service and accessories	149.3		—		—		149.3
Finance and insurance, net	73.2		—		—		73.2
Vehicle transportation services	—		7.8		—		7.8
Total revenue	817.8		7.8		—		825.6
Cost of revenue:
Powersports vehicles	512.6		—		—		512.6
Parts, service and accessories	79.7		—		—		79.7
Vehicle transportation services	—		6.2		—		6.2
Total cost of revenue	592.3		6.2		—		598.5
Gross profit	225.5		1.6		—		227.1
Compensation and related costs	108.6		1.4		—		110.0
Facilities	33.4		0.2		—		33.6
Other operating expenses(1)	48.2		0.4		—		48.6
Impairment of franchise rights	—		—		34.0		34.0
Depreciation and amortization	—		—		6.5		6.5
Floor plan interest expense	8.5		—		(8.5)		—
Operating income (loss)	26.8		(0.4)		(32.0)		(5.6)
Floor plan interest expense							8.5
Other interest expense							32.1
Other non-operating expense (income)							(0.5)
Loss before income taxes							$	(45.7)


($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated and Adjustments		Total
Nine Months Ended September 30, 2024
Revenue:
Powersports vehicles	$	656.2	$	—	$	—	$	656.2
Parts, service and accessories	159.0		—		—		159.0
Finance and insurance, net	79.8		—		—		79.8
Vehicle transportation services	—		44.6		—		44.6
Total revenue	895.0		44.6		—		939.6
Cost of revenue:							—
Powersports vehicles	571.8		—		—		571.8
Parts, service and accessories	86.5		—		—		86.5
Vehicle transportation services	—		34.5		—		34.5
Total cost of revenue	658.3		34.5		—		692.8
Gross profit	236.7		10.1		—		246.8
Compensation and related costs	117.0		5.3		—		122.3
Facilities	33.8		0.1		—		33.9
Other operating expenses(1)	54.3		0.7		—		55.0
Depreciation and amortization	—		—		9.7		9.7
Floor plan interest expense	12.7		—		(12.7)		—
Operating income (loss)	18.9		4.0		3.0		25.9
Floor plan interest expense							12.7
Other interest expense							36.2
Other non-operating expense (income)							(0.4)
Loss before income taxes							$	(22.6)