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Rumble and MoonPay Strike Exclusive Deal to Fuel Crypto-Creator Revolution
Globenewswire· 2025-07-10 11:00
LONGBOAT KEY, Fla., July 10, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video sharing platform and cloud services provider, today announced an exclusive partnership with MoonPay, the world’s leading crypto payments infrastructure company, to revolutionize how creators monetize and thrive in a decentralized world. The collaboration marks a major leap forward in the fusion of free expression and financial freedom. “Rumble Wallet will change the game for creators, and MoonPay is the perfect partner to ...
Rumble Cloud Enters Strategic Collaboration with TRON
Globenewswire· 2025-05-27 13:29
First phase of collaboration provides TRON with data storage infrastructure LONGBOAT KEY, Fla., May 27, 2025 (GLOBE NEWSWIRE) -- Rumble (NASDAQ:RUM), the video-sharing platform and cloud services provider, today announced a strategic collaboration with TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps). In the initial phase of the collaboration, Rumble Cloud will provide access to its infra ...
Rumble (RUM) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:02
Rumble (RUM) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Shannon Devine - Investor RelationsChris Pavlovski - Founder, Chairman, & CEOBrandon Alexandroff - Chief Financial OfficerScott Devitt - Managing Director of Equity Research Conference Call Participants Francesco Marmo - Consumer Internet Analyst Operator Good afternoon, ladies and gentlemen, and welcome to Rumble Incorporated's First Quarter twenty twenty five Earnings Call. All participants are in a listen only mode. A questi ...
Rumble (RUM) - 2025 Q1 - Earnings Call Transcript
2025-05-08 22:00
Rumble (RUM) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good afternoon, ladies and gentlemen, and welcome to Rumble Incorporated's First Quarter twenty twenty five Earnings Call. All participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this event is being recorded. I would now like turn the conference over to Shannon Devine, Investor Relations for Rumble. Please go ahead. Speaker1 Thank you, operator. I'm here today with Chris Pa ...
BUCCANEERS PARTNER WITH RUMBLE CLOUD
Globenewswire· 2025-05-08 20:10
LONGBOAT KEY, FL, May 08, 2025 (GLOBE NEWSWIRE) -- Today, the Tampa Bay Buccaneers announced a partnership with Rumble (NASDAQ: RUM), the video sharing platform and cloud services provider. The Buccaneers will use the Florida-headquartered company to provide the infrastructure for the storage of all the team’s video content in support of business and marketing strategy. “The continuing advance of technology has increased the quality and amount of content our organization produces, which results in a growin ...
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 (RUM) - 2024 Q4 - Earnings Call Transcript
2025-03-25 21:09
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 ...