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Rumble (RUM)
NASDAQ:RUM
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.1Last Year’s EPS
-0.21Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: -5.62%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Positive
The earnings call revealed strong growth in revenue and audience metrics, driven by strategic investments and product offerings. Despite the increase in net loss, the strategic partnership with Tether and improved EBITDA suggest a positive outlook for future growth.Company Guidance
During Rumble Inc.'s fourth-quarter and full-year 2024 earnings call, the company provided several key metrics and strategic insights. Rumble reported a record $30.2 million in revenue for Q4 2024, with 68 million monthly active users (MAUs), marking a 21% increase in MAUs from the third quarter. The company highlighted a $775 million strategic investment from Tether, which will support accelerated international expansion and enhance their cloud services. Rumble also introduced a new lineup feature to retain audience engagement, despite content creators like Dan Bongino moving to governmental roles. Furthermore, they detailed their Bitcoin treasury strategy, investing $17.1 million in Bitcoin, and announced plans for a Rumble wallet in partnership with Tether. The cost of services decreased to $34.5 million in Q4, while adjusted EBITDA showed a 55% improvement, reflecting a loss of $13.4 million compared to a larger loss in the previous year. Looking ahead, Rumble forecasts a 25% revenue growth for Q1 2025, driven by increased monetization and strategic partnerships, particularly with Tether, positioning them to challenge major industry players like Google.Record Revenue and Audience Growth
Rumble Inc. reported a revenue record of over $30 million for Q4 2024, showing consecutive growth with a significant 18% increase from $81 million in 2023 to $95.5 million in 2024. The US and Canada MAUs increased by 21% from $43 million in Q3 to $52 million in Q4 2024.
Strategic Investment from Tether
Rumble Inc. announced a $775 million investment from Tether, the largest company in the digital asset industry. This strategic partnership is expected to accelerate international expansion and enhance Rumble Inc.'s position in the crypto community.
Improved Adjusted EBITDA
The company reported an adjusted EBITDA of $13.4 million for Q4 2024, a 55% improvement compared to a loss of $30 million in Q4 2023.
Introduction of Rumble Wallet
Rumble Inc. is developing the Rumble Wallet alongside Tether to facilitate crypto transactions for creators, supporting USDT, Tether Gold, and Bitcoin, which is expected to drive international expansion.
Positive Cash Flow Developments
Rumble Inc. ended 2024 with $114 million in cash, cash equivalents, and marketable securities. The company saw a 19% reduction in cash usage in Q4 compared to Q3.
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RUM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RUM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | $8.01 | $8.03 | +0.25% |
| Nov 12, 2024 | $6.83 | $6.15 | -9.96% |
| Aug 12, 2024 | $5.75 | $6.06 | +5.39% |
| May 14, 2024 | $7.15 | $7.15 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rumble (RUM) report earnings?
Rumble (RUM) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is Rumble (RUM) earnings time?
Rumble (RUM) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RUM EPS forecast?
RUM EPS forecast for the fiscal quarter 2025 (Q1) is -0.1.
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