TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Rumble Canada, (NASDAQ: RUM), the high-growth video platform and cloud services provider, has joined Rebel News Network and its founder, Ezra Levant, in suing the government of Canada, Member of Canadian Parliament Ya’ara Saks, and other officials, for conspiring to deprive them of their constitutional right to free expression. The lawsuit, filed today in the Ontario Superior Court of Justice, alleges that the defendants unsuccessfully tried to block two lawful an ...

TORONTO, April 07, 2025 (GLOBE NEWSWIRE) -- Rumble Canada, (NASDAQ:RUM), the high-growth video platform and cloud services provider, has joined Rebel News Network and its founder, Ezra Levant, in suing the government of Canada, Member of Canadian Parliament Ya'ara Saks, and other officials, for conspiring to deprive them of their constitutional right to free expression. The lawsuit, filed today in the Ontario Superior Court of Justice, alleges that the defendants unsuccessfully tried to block two lawful and ...

计算机 | 软件开发 美股|公司点评报告 hyzqdatemark 2025 年 03 月 28 日 证券研究报告 证券分析师 郑嘉伟 SAC：S1350523120001 zhengjiawei@huayuanstock.com 郑冰倩 zhengbingqian@huayuanstock.com 市场表现： | 基本数据 | 2025 | 年 | 3 | 月 25 | 日 | | --- | --- | --- | --- | --- | --- | | 收盘价（美元） | | | | | 8.03 | | 一年内最高/最低（美元） | | | | 17.4/4.92 | | | 总市值（亿美元） | | | | | 35 | | 总股本（亿股） | | | | 4.34 | | | 资产负债率（%） | | | | 132.32% | | | 资料来源：Wind | | | | | | Rumble(RUM.O) 投资评级： 买入（维持） ——大选流量催化带动 Q4 收入增长，去中心化+云生态+加密助力长期价值 投资要点： 风险提示。盈利能力的不确定性、市场竞争风险、政策与监管风险。 | 盈利预测与估值 ...

Wedbush analyst Scott Devitt reiterated the Neutral rating on Rumble Inc. RUM on Tuesday, lowering the price forecast from $13 to $10.Yesterday, the company reported fourth-quarter sales of $30.20 million (+48% year over year), beating the analyst consensus estimate of $29.73 million. Average Revenue Per User for the fourth quarter was $0.39, compared to $0.33 in the third quarter, an increase of 18%.For the first quarter, the company expects at least 25% revenue growth year over year.Read Next: US Adds 50 ...

Rumble Inc. (NASDAQ:RUM) Q4 2024 Earnings Conference Call March 25, 2025 11:00 AM ET Company Participants Shannon Devine - IR Chris Pavlovski - Founder, Chairman and CEO Brandon Alexandroff - CFO Conference Call Participants Thomas Forte - Maxim Group Jason Helfstein - Oppenheimer & Company Operator Good morning, ladies and gentlemen, and welcome to Rumble Inc. Fourth Quarter and Full Year 2024 Earnings Call. All participants are in a listen-only mode. A question and answer session will follow the formal pr ...

Rumble Inc. (RUM) came out with a quarterly loss of $0.44 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -238.46%. A quarter ago, it was expected that this company would post a loss of $0.13 per share when it actually produced a loss of $0.15, delivering a surprise of -15.38%.Over the last four quarters, the company has surpassed ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | Name of each exchange | | --- | --- | --- | | Title of each class | Trading Symbol(s) | on which registered | | Class A common stock, par value $0.0001 | RUM | The Nasdaq Global Market | | per share | | | | Warrants to purchase one share of Class A | RUMBW | The Nasdaq Global Market | | common stock | | | Securities registered pursuan ...

Financial Performance - Revenue for Q4 2024 was $30.2 million, an increase of 48% compared to $20.4 million in Q4 2023[4] - Net loss for Q4 2024 was $236.8 million, compared to a loss of $29.3 million in Q4 2023, primarily due to a $184.7 million loss in derivative expense related to Tether's investment[4] - Adjusted EBITDA loss improved by $16.6 million to $13.4 million in Q4 2024 compared to Q4 2023[4] - Revenues for the three months ended December 31, 2024, increased to $30,228,287, compared to $20,391,872 for the same period in 2023, representing a growth of 48.5%[31] - Total expenses for the year ended December 31, 2024, were $226,341,761, up from $216,510,463 in 2023, reflecting an increase of 4%[31] - The net loss for the year ended December 31, 2024, was $(338,362,779), compared to a net loss of $(116,420,462) in 2023, indicating a significant increase in losses[36] - The company reported a loss per share of $(1.66) for the year ended December 31, 2024, compared to $(0.58) in 2023[31] - Adjusted EBITDA for the year ended December 31, 2024, was $(92,069,864), an improvement from $(115,332,549) in 2023[39] - The company incurred share-based compensation expenses totaling $23,814,763 for the year ended December 31, 2024, compared to $16,134,714 in 2023, an increase of 47.5%[39] User Metrics - Average Monthly Active Users (MAUs) reached 68 million, with 52 million from the U.S. and Canada, representing a 21% sequential growth[4] - Average Revenue Per User (ARPU) increased by 18% to $0.39 in Q4 2024 from $0.33 in Q3 2024[4] - Average Revenue Per User (ARPU) is calculated quarterly as Audience Monetization revenue divided by MAUs, excluding Other Initiatives revenue[22] Strategic Investments and Initiatives - Rumble received a strategic investment of $775 million from Tether, including $250 million in gross proceeds to strengthen its balance sheet[4][6] - Rumble's Board approved a $20 million strategy to diversify corporate treasury into Bitcoin, reflecting its belief in cryptocurrency[6] - The company announced a cloud services agreement with the Government of El Salvador, indicating market expansion efforts[6] Financial Position - Rumble's cash, cash equivalents, and marketable securities totaled approximately $114 million as of December 31, 2024[4] - Cash and cash equivalents decreased to $114,018,900 as of December 31, 2024, down from $218,338,658 in 2023, a decline of 47.8%[33] - The accounts receivable increased to $9,778,941 as of December 31, 2024, from $5,440,447 in 2023, representing an increase of 80.5%[33] Risks and Challenges - Forward-looking statements indicate potential risks including competition, user growth sustainability, and the impact of economic factors on advertising revenue[26] - Rumble's cloud services business operates in a highly regulated environment, which may affect its financial performance and operational capabilities[27] - The company has identified a material weakness in internal control over financial reporting as of December 31, 2024, which could impact the accuracy of financial reporting[27] - The company is exposed to risks associated with its recently implemented Bitcoin treasury strategy, which may affect its financial condition[26] - Rumble's reliance on third-party data for performance metrics may lead to reputational risks if inaccuracies are perceived[27] Infrastructure and Operational Focus - Rumble is focused on creating an independent infrastructure for a high-growth video platform and cloud services, aiming to restore the internet to its roots[23] - The company uses Adjusted EBITDA as a non-GAAP financial measure to evaluate core operating performance, which excludes various expenses such as interest, taxes, and share-based compensation[24] Transition and Methodology Changes - As of July 1, 2023, the transition from Universal Analytics (UA) to Google Analytics 4 (GA4) has occurred, impacting the calculation of Monthly Active Users (MAUs) and making comparisons between the two methodologies challenging[21]

~ Record Revenues of $30.2 Million, Up 48% Year-over-Year ~ ~ MAUs of 68 Million, Including 21% Sequential Growth in the U.S. and Canada to 52 Million ~ ~ Received $775 Million Strategic Investment from Tether ~ ~ Fifth Consecutive Quarter of Reduced Cash Usage, 19% Less Than Prior Quarter ~ LONGBOAT KEY, Fla., March 25, 2025 (GLOBE NEWSWIRE) -- Rumble Inc. (Nasdaq: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced financial results for the fiscal fou ...