Rumble (US:RUM) Hua Yuan Zheng Quan·2025-03-28 11:02Investment 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]