Rumble achieved Q4 2024 revenue of $30.2 million, up 48% year-over-year. The company reported a net loss of $236.8 million, primarily due to a $184.7 million derivative-related expense linked to Tether’s strategic investment. Monthly active users reached 68 million, with 52 million in the U.S. and Canada, representing strong sequential growth. The company improved adjusted EBITDA losses by $16.6 million compared to the previous year.
Rumble Inc. announced record revenues of $25.1 million for Q3 2024, a 39% increase year-over-year, and average MAUs of 67 million, up 26% quarter-over-quarter. The company also highlighted its fourth consecutive quarter of reduced cash usage.
Rumble Inc. reported a 27% sequential increase in revenue, reaching $22.5 million for the second quarter of 2024. The company introduced Average Revenue Per User (ARPU) as a new KPI, which increased by 19% compared to the first quarter of 2024.
Rumble Inc. reported a 1% increase in revenue to $17.7 million for Q1 2024 compared to $17.6 million in Q1 2023. The company is focusing on the execution of its four core products and anticipates a sequential increase in revenue in Q2 2024.
Rumble Inc. reported a 2% increase in revenue for Q4 2023, reaching $20.4 million. The company's focus on product development led to the public launch of Rumble Cloud. They anticipate increased revenue in Q2 2024 and are aiming for breakeven in 2025.
Rumble Inc. reported a 64% year-over-year increase in revenue for Q3 2023, reaching $18.0 million. The increase was attributed to growth in advertising revenue and licensing and other revenue. The company had 58 million average monthly active users.
Rumble Inc. reported a record quarterly revenue of $25.0 million for Q2 2023, a 468% increase compared to $4.4 million in Q2 2022. The increase was driven by growth in advertising, licensing, and other revenue.
Rumble reported a 336% increase in revenue to $17.6 million compared to Q1 2022. The increase was driven by advertising and licensing revenue. Minutes Watched Per Month increased to 10.8 billion.
Rumble Inc. announced financial results for Q4 and full year ended December 31, 2022, with Q4 revenue reaching $20.0 million, a 579% increase compared to Q4 2021. The company achieved record key performance indicators and completed the beta launch of pre-roll video ads on the Advertising Center.
Rumble reported a 431% increase in revenue to $11.0 million compared to Q3 2021, driven by advertising and licensing growth. The company completed its business combination with CFVI, retaining nearly all cash in trust, and launched its ad platform ahead of schedule. However, the loss from operations increased to $7.8 million.