Partnership Announcement - The Tampa Bay Buccaneers have announced a partnership with Rumble, a video sharing platform and cloud services provider, to support the storage of the team's video content [1] - The partnership aims to enhance the Buccaneers' business and marketing strategy through improved content management and storage solutions [1][2] Technology and Infrastructure - The Buccaneers' Vice President of Information Technology, Charles Harris, highlighted the increasing quality and quantity of content produced, necessitating enhanced storage solutions [2] - Rumble Cloud is positioned as a high-quality service that allows for flexible content management and efficient expansion [2] Advertising and Promotion - The agreement includes Rumble advertisements that will be featured on the Buccaneers' website, broadcasts, and at Raymond James Stadium [2] Company Background - Rumble, founded in 2013 by Chris Pavlovski, aims to create an independent infrastructure resistant to censorship by Big Tech, promoting a free and open internet [3] - The Tampa Bay Buccaneers are celebrating their 50th season in the NFL, with a history of significant achievements including two Super Bowl Championships [4]

Exhibit 99.1 Rumble Reports First Quarter 2025 Results ~ Revenue up 34% Year-over-Year to $23.7 Million ~ ~ Rumble Cloud Secures Contract with Government of El Salvador ~ ~ Significantly Improved MAU Retention Compared to 2022 Mid-Term Elections ~ ~ Tether Investment Completed, Balance Sheet Solidified ~ LONGBOAT KEY, Fla., May 8, 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 f ...

Core Insights - Rumble Inc. reported a revenue increase of 34% year-over-year, reaching $23.7 million for Q1 2025, driven by higher subscription revenue and monetization efforts [1][4][5] - The company achieved improved monthly active user (MAU) retention of 87% post the 2024 U.S. general election, compared to 60% retention after the 2022 midterm elections [1][4] - Rumble's net loss for Q1 2025 was $2.7 million, a significant improvement from a loss of $43.3 million in Q1 2024 [1][4][5] Financial Performance - Revenue for Q1 2025 was $23.7 million, up from $17.7 million in Q1 2024, marking a $6.0 million increase [4][6] - Average Revenue Per User (ARPU) decreased by 13% to $0.34 compared to Q4 2024, attributed to lower advertising revenue [4][6] - Adjusted EBITDA loss improved to $22.7 million in Q1 2025 from a loss of $26.5 million in Q1 2024 [4][28] User Engagement - Average global MAUs were 59 million in Q1 2025, down from 68 million in Q4 2024, reflecting a decrease in user engagement [4][5] - The company noted that the decline in MAUs was offset by improved retention rates following the U.S. elections [4][5] Cost Structure - Total expenses for Q1 2025 were $60.1 million, an increase from $52.7 million in Q1 2024, with general and administrative expenses rising significantly by 78% [6][8] - Cost of services decreased by 6% to $30.0 million, primarily due to reduced programming and content costs [6][7] Strategic Developments - Rumble Cloud secured a contract with the Government of El Salvador, indicating a strategic move towards government partnerships [1][4] - The company announced a partnership with the Tampa Bay Buccaneers, expanding its presence in the sports sector [1][4][5] Balance Sheet and Liquidity - As of March 31, 2025, Rumble had total liquidity of $318.7 million, including $301.3 million in cash and cash equivalents [4][6] - The company completed a Tether investment, which has solidified its balance sheet [1][4][5]

Company Overview - Rumble Inc. is a high-growth video-sharing platform and cloud services provider focused on creating an independent infrastructure [3] - The company's mission is to restore the internet to its roots by making it free and open again [3] Financial Results Announcement - Rumble will release its financial results for the fiscal quarter ended March 31, 2025, after the market closes on May 8, 2025 [1] - A conference call will be hosted on the same day at 5:00 p.m. Eastern Time to discuss the results [1] Investor Relations - Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available on Rumble's Investor Relations website [2]

Core Points - Rumble Canada and Rebel News Network are suing the Canadian government and officials for allegedly infringing on their constitutional right to free expression [1][5] - The lawsuit claims that officials attempted to block two public gatherings by imposing excessive security fees, which were deemed unnecessary [2][3] - The plaintiffs are seeking $37,177.80 for security costs, $250,000 in punitive damages, and legal expenses [1] Company Overview - Rumble is a high-growth video platform and cloud services provider aiming to restore an open internet [9] - Rebel News Network operates as an independent online news and media company, accredited by various governments [9] Legal Allegations - The lawsuit alleges that local officials were aware there were no threats of unrest but still imposed high security charges to disrupt the events [3][4] - Internal communications suggest that officials sought ways to prevent the events based on the political beliefs of the participants [3][4] - The rental agreement for the venue included provisions to uphold free speech principles, which the plaintiffs argue were violated [6][5] Political Context - MP Ya'ara Saks is named as a defendant and is accused of attempting to interfere with the events due to political motivations related to her electoral competition [7][8] - This lawsuit follows previous allegations against government officials for blocking Rebel News from accessing official social media accounts [7]

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 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [5] Core Views - The upcoming presidential election is expected to drive traffic growth, leading to revenue increases in Q4, supported by decentralization, cloud ecosystem, and cryptocurrency initiatives for long-term value [5] - The company reported a total revenue of $95.49 million for 2024, an 18% year-over-year increase, with Q4 revenue reaching $30.2 million, a 48% increase year-over-year [8] - The company is focusing on optimizing costs, with a notable reduction in service costs and general administrative expenses, while investing in research and development for video content recommendation algorithms and advertising matching technology [8] Financial Performance and Projections - The company is projected to achieve revenues of $183.3 million, $423.2 million, and $1.1936 billion for the years 2025, 2026, and 2027 respectively, with corresponding net profits of -$33.2 million, $6.5 million, and $160.6 million [7][9] - The company’s total market capitalization is $3.5 billion, with a closing price of $8.03 as of March 25, 2025 [3] - The company’s operating loss for 2024 was $340.4 million, primarily impacted by changes in the fair value of derivative instruments [9]

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 (RUM) Q4 2024 Earnings Call March 25, 2025 04:47 PM ET Company Participants Shannon Devine - Investor RelationsChris Pavlovski - Founder & CEOBrandon Alexandroff - Chief Financial OfficerJason Helfstein - MD & Head - Internet Conference Call Participants Tom Forte - Managing Director & Senior Consumer Internet Analyst Operator Good morning, ladies and gentlemen, and welcome to Rumble Incorporated's Fourth Quarter and Full Year twenty twenty four Earnings Call. All participants are in a listen only mo ...

Financial Data and Key Metrics Changes - For the full year of 2024, the company reported revenues of $95.5 million, an increase of 18% compared to $81 million in 2023 [22] - In the fourth quarter of 2024, revenues reached $30.2 million, up from $20.4 million in Q4 2023, marking an increase of $9.8 million [23] - Adjusted EBITDA for Q4 2024 was $13.4 million, a 55% improvement compared to a loss of $30 million in Q4 2023 [25] - The company ended the year with approximately $114 million in cash, cash equivalents, and marketable securities, down from $132 million as of September 30, 2024 [27] Business Line Data and Key Metrics Changes - The increase in audience monetization revenues was mainly due to higher revenue from advertising, subscription, tipping fees, licensing, and platform hosting [23] - The average revenue per user (ARPU) was $0.39 for Q4, compared to $0.33 in Q3 2024, reflecting higher advertising and subscription revenue [24] - Cost of services decreased to $34.5 million for Q4 compared to $39.5 million in Q4 2023, primarily due to a reduction in programming and content costs [24] Market Data and Key Metrics Changes - Monthly Active Users (MAUs) in the US and Canada jumped 21% from 43 million in Q3 to 52 million in Q4 2024 [11] - The company was the top destination for live independent creator election coverage, indicating strong market positioning [7] Company Strategy and Development Direction - The company plans to leverage a $775 million strategic investment from Tether to accelerate international expansion and enhance its media platform [13][15] - A partnership with the government of El Salvador is expected to help build the company's presence in international markets [16] - The company aims to become the leading media platform in the crypto community, with plans to develop a Rumble wallet in collaboration with Tether [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing the potential for advertising headwinds to turn into tailwinds due to a favorable political environment [9] - The company anticipates revenue growth of at least 25% in Q1 2025 compared to Q1 2024 [28] - Management highlighted the importance of the Tether partnership in enhancing confidence and providing resources for growth [70][74] Other Important Information - The company has successfully monetized over $750 million in precious metals through its platform over the last three years [12] - The company is focused on moving towards adjusted EBITDA breakeven in 2025, with the Tether investment providing increased flexibility for business initiatives [26] Q&A Session Summary Question: Impact of Dan Bongino's new role on MAUs and engagement metrics - Management noted that they are unaware of any other content creators taking on roles that would affect their ability to provide content, and they have successfully transitioned audience engagement following Bongino's departure [33][38] Question: Strategy behind Bitcoin treasury purchases - The company has adopted a Bitcoin treasury strategy of up to $20 million, having invested around $17.1 million to align with the community and as a long-term investment [40][42] Question: Development of the Rumble wallet and Tether's strategic rationale - Tether is collaborating on the Rumble wallet, with both parties sharing development costs, aiming to facilitate international market entry and enhance advertising opportunities [46][49] Question: Engagement and monetization expectations for Q1 - Management indicated that MAUs have remained stable post-election, with improved product offerings contributing to better retention and engagement [55] Question: Attractiveness of the platform for content providers - The company has improved its product suite, which has led to better margins and increased interest from content creators, including high-profile figures [61][66] Question: Confidence in the business outlook - Management expressed confidence due to the partnership with Tether and the positive outcomes from the recent election cycle, anticipating significant growth opportunities [70][74]