Financial Data and Key Metrics Changes - The company reported revenues of $25,100,000, representing a 12% increase year over year, driven by a $1,700,000 increase in audience monetization revenues and a $900,000 increase in other initiatives [21][22] - Adjusted EBITDA loss improved to $20,500,000 compared to a loss of $28,700,000 last year, an $8,200,000 improvement primarily related to the increase in revenue and expiration of programming and content agreements [22] - The company ended the quarter with total liquidity of $306,400,000, including $283,800,000 in cash and cash equivalents and $22,600,000 in Bitcoin holdings [23] Business Line Data and Key Metrics Changes - Audience monetization revenue increased due to Rumble Premium and local subscriptions, licensing, and tipping, offset by a decline in advertising revenue [21] - ARPU increased to $0.42, up 24% sequentially, indicating enhanced monetization strategy attributable to higher subscription and licensing revenue [22] Market Data and Key Metrics Changes - The company maintained 51,000,000 MAUs, marking the eighth consecutive quarter above the 50,000,000 mark, and showing growth compared to the post-midterm elections number in Q2 2023 [9] - The company is seeing increased interest in its cloud business, entering RFP processes with multiple governments and corporate entities, competing with major players like Amazon and Google [50] Company Strategy and Development Direction - The company is focused on M&A strategy and evaluating strategic opportunities, including a potential acquisition of AI company Northern Data [5][6] - The launch of Rumble Wallet is anticipated to drive growth for Rumble's video platform, both domestically and internationally, with a focus on onboarding new creators [15][19] - The company aims for aggressive growth while protecting a free and open Internet, leveraging partnerships, particularly with Tether [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of advertising revenue, indicating that CPMs are expected to rise in future quarters [28] - The company is optimistic about the impact of Rumble Wallet on MAU growth, especially in international markets [45][46] - Management highlighted the importance of partnerships in driving future growth and the positive momentum in building out these partnerships [12][16] Other Important Information - The company is experiencing a shift in corporate America, which is seen as a potential tailwind for growth, with notable partnerships being formed [10][11] - The company is actively working on integrating AI into its cloud business, which is viewed as a significant growth opportunity [17][18] Q&A Session Summary Question: Update on advertising growth and RAC - Management confirmed that advertising remains a high priority and is seeing increased publisher inventory coming into RAC, indicating potential growth opportunities [28][29] Question: Onboarding new creators - The company plans to onboard creators using Rumble Studio, which allows multi-streaming across platforms, incentivizing them to promote Rumble Wallet [30][31] Question: Path to positive gross profit and EBITDA - Management indicated that with current financial resources and partnerships, the company is moving towards adjusted EBITDA breakeven, though aggressive growth remains a priority [34][35] Question: MAU evolution and ARPU growth - Management expressed satisfaction with MAU growth, especially without the presence of a major creator, and attributed ARPU growth to successful execution of Rumble Premium [39][40] Question: Marketing initiatives for Rumble Wallet - The marketing strategy will involve both Rumble creators and off-platform initiatives to drive growth for both Rumble Wallet and the video platform [42][43]

Financial Data and Key Metrics Changes - The company reported revenues of $25,100,000, representing a 12% year-over-year increase, driven by a $1,700,000 increase in audience monetization revenues and a $900,000 increase in other initiatives [19][20] - Adjusted EBITDA loss improved to $20,500,000 compared to a loss of $28,700,000 last year, marking an $8,200,000 improvement [20] - The company ended the quarter with total liquidity of $306,400,000, including $283,800,000 in cash and cash equivalents and $22,600,000 in Bitcoin holdings [21] Business Line Data and Key Metrics Changes - Audience monetization revenue increased due to growth in Rumble Premium and local subscriptions, offset by advertising revenue [19] - ARPU increased to $0.42, up 24% sequentially, indicating enhanced monetization strategies [20] Market Data and Key Metrics Changes - The company maintained 51,000,000 MAUs, marking the eighth consecutive quarter above the 50,000,000 mark, and showing growth compared to the post-midterm elections Q2 2023 number [8] Company Strategy and Development Direction - The company is focused on M&A strategy, with a potential acquisition of AI company Northern Data to enhance its cloud business and democratize compute [5][6] - The launch of Rumble Wallet is anticipated to drive growth for Rumble's video platform, both domestically and internationally [12][14] - The company aims to expand partnerships, particularly with Tether, to support aggressive growth while maintaining a free and open Internet [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of advertising revenue and the potential for CPMs to increase in future quarters [27] - The company is optimistic about the impact of Rumble Wallet on international growth and creator onboarding [46][48] Other Important Information - The company has inked strategic partnerships with Cumulus Media and a leading AI player, enhancing its advertising and technology integration capabilities [11] - The company is actively pursuing RFP processes with multiple governments and corporate entities, indicating significant interest in its cloud services [53] Q&A Session Summary Question: Update on advertising growth and RAC - Management confirmed that advertising remains a high priority and noted increased publisher inventory coming into RAC, indicating potential growth opportunities [29] Question: Onboarding more creators - The company plans to use Rumble Studio to attract creators, offering them incentives to promote Rumble Wallet, which is expected to drive creator growth [30][32] Question: Path to positive gross profit and EBITDA - Management indicated that with strong financial resources and partnerships, the company is moving towards adjusted EBITDA breakeven, though aggressive growth remains a priority [34] Question: MAU evolution and ARPU growth - Management expressed satisfaction with MAU growth, especially without the influence of a major creator, and attributed ARPU growth to successful execution of Rumble Premium [40][41] Question: Marketing initiatives for Rumble Wallet - The marketing strategy will involve both Rumble creators and off-platform initiatives to drive growth for Rumble Wallet and the video platform [43][44]

Core Insights - Rumble Inc. reported a revenue increase of 12% year-over-year, reaching $25.1 million for Q2 2025, compared to $22.5 million in Q2 2024 [1][4] - The company experienced a decrease in Monthly Active Users (MAUs), with 51 million in Q2 2025, down from 59 million in Q1 2025, attributed to a slowdown in news and political commentary [4][5] - Average Revenue Per User (ARPU) rose by 24% from the previous quarter to $0.42, driven by higher subscription and licensing revenue [1][4] Financial Performance - Revenue for Q2 2025 was $25.1 million, an increase of $2.6 million from Q2 2024, with $1.7 million from Audience Monetization and $0.9 million from Other Initiatives [6][4] - Net loss for Q2 2025 was $30.2 million, compared to a loss of $26.8 million in Q2 2024 [4][6] - Adjusted EBITDA loss improved by $8.2 million to $20.5 million in Q2 2025 compared to Q2 2024 [4][6] Cost Management - Cost of services decreased by 26% to $26.5 million in Q2 2025, primarily due to a reduction in programming and content costs [6][7] - General and administrative expenses increased by 12% to $11.7 million, driven by higher professional fees [8] - Sales and marketing expenses rose by 26% to $7.9 million, reflecting increased marketing activities [10] Strategic Developments - Rumble Cloud entered a strategic partnership with the Tampa Bay Buccaneers and collaborated with TRON DAO to enhance its blockchain infrastructure [4] - The company announced the addition of its Class A shares to the Russell 2000® and Russell 3000® Indexes, indicating growing institutional visibility [4] - An exclusive partnership with MoonPay was established to facilitate crypto transactions for the upcoming Rumble Wallet, set to launch in Q3 2025 [4] Liquidity Position - As of June 30, 2025, Rumble had total liquidity of $306.4 million, including $283.8 million in cash and cash equivalents and Bitcoin valued at $22.6 million [4]

Partnerships & Development - Rumble CEO Chris Pavlovski announces the upcoming Rumble Wallet, developed in partnership with Tether and Moonpay [1]

Company Overview - Rumble is a high-growth video-sharing platform and cloud services provider focused on creating an independent infrastructure to restore the internet to its roots by making it free and open again [6] Leadership Changes - Rumble has appointed Ian O'Donnell as Vice President of Sales for Rumble Cloud, bringing 20 years of experience in technology sales and marketing, including roles at Google Cloud and Microsoft [1][2] Strategic Vision - Rumble's CEO, Chris Pavlovski, emphasized the company's commitment to providing a platform for content creators and businesses to operate independently from Big Tech, highlighting Rumble Cloud's disruptive market potential due to its technology, pricing structure, and commitment to freedom [2] Product Development - Rumble Cloud, launched in March 2024, has quickly gained traction among businesses, with notable clients including the Tampa Bay Buccaneers, Miami Dolphins, the government of El Salvador, and Trump Media and Technology Group [3] Partnerships - Rumble has partnered with MoonPay to integrate crypto payment solutions into the upcoming Rumble Wallet, set to launch in Q3 2025, with MoonPay's creative agency utilizing Rumble Cloud for advanced storage and computing needs [4] Service Offerings - Rumble Cloud aims to empower businesses by providing essential cloud computing services, including virtual machines, Kubernetes orchestration, block and object storage, load balancers, and virtual private cloud options, all available through self-service [5]

Core Insights - Rumble has announced an exclusive partnership with MoonPay to enhance monetization for creators in a decentralized environment [1][2] - The collaboration aims to integrate crypto payment solutions into the upcoming Rumble Wallet, set to launch in Q3 2025 [2][3] - Both companies emphasize a commitment to free expression and financial independence for users [3] Company Overview - Rumble is a high-growth video platform and cloud services provider focused on creating an independent infrastructure for free and open internet [4] - MoonPay is a leading crypto payments infrastructure company that simplifies the buying, selling, and trading of cryptocurrencies using everyday payment methods [5][6] - MoonPay has over 30 million customers and supports nearly 500 companies in the decentralized economy, highlighting its role in mainstream crypto adoption [6]

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]