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Sep 30, 2023
Rumble Q3 2023 Earnings Report
Rumble's revenue increased by 64% year-over-year, reaching $18.0 million, with 58 million average monthly active users.
Key Takeaways
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.
Revenue increased by 64% year-over-year to $18.0 million.
Advertising revenue increased by $2.3 million due to higher consumption and new advertising solutions.
Licensing and other revenue increased by $4.7 million driven by subscriptions and content licensing.
Average Monthly Active Users reached 58 million.