
($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated, Eliminations and Adjustments		Total
2025
Revenue from external customers:
Powersports vehicles	$	778.8	$	—	$	—	$	778.8
Parts, service and accessories	197.8		—		—		197.8
Finance and insurance, net	97.3		—		—		97.3
Vehicle transportation services	—		8.6		—		8.6
Total revenue	1,073.9		8.6		—		1,082.5
Cost of revenue:
Powersports vehicles	672.2		—		—		672.2
Parts, service and accessories	105.5		—		—		105.5
Vehicle transportation services	—		6.8		—		6.8
Total cost of revenue	777.7		6.8		—		784.5
Gross profit	296.2		1.8		—		298.0
Compensation and related costs	145.4		1.6		—		147.0
Facilities	45.5		0.2		—		45.7
Other operating expenses(1)	62.8		0.8		—		63.6
Impairment of intangible assets	—		—		34.8		34.8
Depreciation and amortization	—		—		9.0		9.0
Gain on sale of assets	—		—		(1.9)		(1.9)
Floor plan interest expense	11.0		—		(11.0)		—
Operating income (loss)	$	31.5	$	(0.8)	$	(30.9)	$	(0.2)
Floor plan interest expense							11.0
Other interest expense							41.5
Other income							(0.6)
Loss before income taxes							$	(52.1)

(1) Other operating expenses represent general and administrative expenses, advertising, professional fees, and stock-based compensation expenses. The detail for such expenses on a consolidated basis is included in Note 11 and is attributable to the Powersports Dealership Group except for $0.8 million that was in Vehicle Transportation Services.


($ in millions)	Powersports Dealership Group		Vehicle Transportation Services		Unallocated, Eliminations and Adjustments		Total
2024
Revenue from external customers:
Powersports vehicles	$	842.6	$	—	$	—	$	842.6
Parts, service and accessories	206.2		—		—		206.2
Finance and insurance, net	102.4		—		—		102.4
Vehicle transportation services	—		58.0				58.0
Total revenue	1,151.2		58.0		—		1,209.2
Cost of revenue:
Powersports vehicles	738.6		—		—		738.6
Parts, service and accessories	111.7		—		—		111.7
Vehicle transportation services	—		44.6		—		44.6
Total cost of revenue	850.3		44.6		—		894.9
Gross profit	300.9		13.4		—		314.3
Compensation and related costs	152.4		7.0		—		159.4
Facilities	45.0		0.2		—		45.2
Other operating expenses(1)	70.1		0.7		—		70.8
Impairment of franchise rights	—		—		39.3		39.3
Depreciation and amortization	—		—		14.3		14.3
Loss on sale of assets	—		—		0.5		0.5
Floor plan interest expense	16.0		—		(16.0)		—
Operating income (loss)	$	17.4	$	5.5	$	(38.1)	$	(15.2)
Floor plan interest expense							16.0
Other interest expense							48.1
Other income							(0.5)
Loss before income taxes							$	(78.8)

(1) Other operating expenses represent general and administrative expenses, advertising, professional fees, and stock-based compensation expenses. The detail for such expenses on a consolidated basis is included in Note 11 and is attributable to the Powersports Dealership Group except for $0.7 million that was in Vehicle Transportation Services.