NASDAQ$RUM
Rumble Inc · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Rumble reported record Q4 2024 revenue growth, driven by increased advertising and subscription income, alongside significant user growth in North America but a net loss due to derivative-related expenses.
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.
- Q4 2024 revenue increased by 48% to $30.2 million.
- Net loss of $236.8 million, primarily due to derivative expenses.
- Monthly active users reached 68 million globally, with 52 million in North America.
- Adjusted EBITDA loss improved by $16.6 million year-over-year.
Headline financials
Revenue & EPS history
Rumble · Revenue · Quarterly
$30.2M
Revenue by segment
Rumble · $25.5M total across 2 segments · Q1 2026
- Audience Monetization$22.5M—88.5%
- Other Initiatives$2.93M—11.5%
Forward guidance
Rumble expects at least 25% revenue growth in Q1 2025, focusing on reaching adjusted EBITDA breakeven and expanding cloud services and platform monetization.
Tailwinds
- Revenue growth of at least 25% expected in Q1 2025.
- Focus on achieving adjusted EBITDA breakeven in 2025.
- New capital from Tether provides growth investment opportunities.
- Expansion into cloud services with new government contracts.
- Growing roster of exclusive content creators boosting engagement.
Headwinds
- Potential volatility from derivative-related financial impacts.
- Continued operating losses as investments scale up.
- Competitive pressure in the digital content and cloud sectors.
- Economic uncertainties could affect advertising budgets.
- Risk of regulatory challenges related to content moderation and cryptocurrency integration.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q4 2024
-0.3%
Avg return
Earnings day
-2.7%
Avg return
5 days after
-1.2%
Avg return
30 days after
58%
11 / 19 earnings
Positive
+19.8%
Q1 2025
Best reaction
-14.4%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -14.9% | — | |
| Q4 2025 | -12.8% | -0.5% | -11.2% | |
| Q3 2025 | +10.9% | -4.2% | +22.9% | |
| Q2 2025 | +2.8% | +0.3% | -4.7% | |
| Q1 2025 | +19.8% | +33.0% | +18.4% | |
| Q4 2024 | +0.0% | -9.6% | +2.9% | |
| Q3 2024 | -14.4% | -22.2% | +13.3% | |
| Q2 2024 | +3.8% | +7.7% | -11.3% | |
| Q1 2024 | +2.7% | +5.7% | -17.5% | |
| Q4 2023 | -5.8% | -15.9% | -24.2% | |
| Q3 2023 | -4.1% | +7.9% | +0.9% | |
| Q2 2023 | +0.2% | -14.6% | -14.7% | |
| Q1 2023 | +0.8% | -2.1% | +0.4% | |
| Q4 2022 | +0.5% | -0.3% | -14.3% | |
| Q3 2022 | -9.7% | -22.8% | -38.3% | |
| Q2 2022 | -0.6% | -1.1% | +35.8% | |
| Q1 2022 | +0.2% | +1.4% | -7.6% | |
| Q4 2021 | +1.0% | +1.3% | -0.8% | |
| Q3 2021 | +0.3% | +0.1% | +28.2% |
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