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Rumble Names Ben Torres Ezrick, Former Marketing Leader with Zoom and Google, as First-Ever CMO
Globenewswire· 2025-06-12 11:00
LONGBOAT KEY, Fla., June 12, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today named its first-ever Chief Marketing Officer, Ben Torres Ezrick, a marketing leader with a career spanning the tech, content, and agency sectors. As the company’s first CMO, he will be vital to Rumble’s aggressive efforts to grow new audiences and customer bases as a content-rich video platform, cloud provider, and future home of a non-custodial crypto wallet. Ezrick most ...
Rumble CEO to Host Fireside Chat with Donald Trump Jr. at Bitcoin 2025, Announces Sponsorship and Live-Streaming at the Conference
Globenewswire· 2025-05-27 13:30
LAS VEGAS, NV, May 27, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that its founder and CEO Chris Pavlovski will interview Donald Trump Jr., host of Triggered, a Rumble exclusive podcast and board member of Trump Media & Technology Group (NASDAQ: DJT), live on stage at the Bitcoin 2025 conference in Las Vegas. The conversation is titled “Uncancelable: Bitcoin, Rumble & Free Speech,” and will be live-streamed on Tuesday, May 27, 2025 a ...
David Boies joins Rumble legal team in case against Google
Globenewswire· 2025-05-14 20:05
LONGBOAT KEY, FL, May 14, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced that prominent lawyer David Boies, of the firm Boies Schiller Flexner LLP, has joined the litigation team in Rumble’s antitrust lawsuit against Google. Rumble filed suit against Google in January 2021, accusing the tech giant of giving Internet search preference to YouTube, a video platform it owns, and thereby harming competition and Rumble’s growth and revenue. “ ...
Rumble Reports First Quarter 2025 Results
Globenewswire· 2025-05-08 20:05
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]
Rumble Announces Timing of First Quarter 2025 Earnings Release and Conference Call
GlobeNewswire News Room· 2025-05-01 20:30
LONGBOAT KEY, FL, May 01, 2025 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) (“Rumble” or the “Company”), the video-sharing platform and cloud services provider, today announced that it will release financial results for the fiscal quarter ended March 31, 2025 after the close of markets on Thursday, May 8, 2025. The Company will host a conference call on the same day at 5:00 p.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will b ...