Rumble (RUM) Financials

$7.88 -0.18 (-2.28%)

As of 11:23 AM Eastern

Annual Income Statements for Rumble

This table shows Rumble's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-13	-11	-116	-338
Consolidated Net Income / (Loss)	-13	-11	-116	-338
Net Income / (Loss) Continuing Operations	-13	-11	-116	-338
Total Pre-Tax Income	-14	-12	-120	-340
Total Operating Income	-11	-36	-136	-131
Total Gross Profit	9.47	39	-65	-43
Total Revenue	9.47	39	81	95
Operating Revenue	9.47	39	81	95
Total Cost of Revenue	0.00	0.25	146	138
Operating Cost of Revenue	-	0.25	146	138
Total Operating Expenses	17	75	70	88
Selling, General & Admin Expense	11	60	37	37
Marketing Expense	2.92	6.14	13	17
Research & Development Expense	1.62	6.40	16	19
Depreciation Expense	0.15	1.56	4.85	14
Other Operating Expenses / (Income)	1.41	0.00	-1.92	1.35
Restructuring Charge	-	1.12	1.15	0.00
Total Other Income / (Expense), net	-5.96	24	16	-210
Interest & Investment Income	-	3.02	14	8.08
Other Income / (Expense), net	-5.98	21	2.37	-218
Income Tax Expense	-0.13	-0.22	-3.29	-2.01
Basic Earnings per Share	($0.06)	($0.05)	($0.58)	($1.66)
Weighted Average Basic Shares Outstanding	0.00	242.44M	201.44M	204.10M
Diluted Earnings per Share	($0.06)	-	($0.58)	($1.66)
Weighted Average Diluted Shares Outstanding	211.44M	384.91M	201.44M	204.10M
Weighted Average Basic & Diluted Shares Outstanding	0.00	384.91M	386.06M	434.30M

This table shows Rumble's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-1.86	-0.94	-29	-29	-29	-29	-44	-27	-32	-236
Consolidated Net Income / (Loss)	-1.86	-0.94	-29	-29	-29	-29	-43	-27	-32	-237
Net Income / (Loss) Continuing Operations	-1.86	-0.94	0.00	-29	-29	-58	-44	-27	-32	-236
Total Pre-Tax Income	-1.86	-1.16	-29	-29	-29	-33	-44	-27	-32	-238
Total Operating Income	-7.76	-19	-24	-34	-40	-37	-35	-39	-33	-24
Total Gross Profit	11	28	18	-16	-22	-45	17	-13	-11	-36
Total Revenue	11	20	18	25	18	20	18	22	25	30
Operating Revenue	11	20	18	25	18	20	18	22	25	30
Total Cost of Revenue	0.00	-7.68	0.00	41	40	66	0.39	36	36	66
Operating Cost of Revenue	-	-	-	41	40	-	0.39	36	36	66
Total Operating Expenses	19	49	41	19	18	-7.96	53	26	21	-12
Selling, General & Admin Expense	15	41	35	9.20	9.69	-16	41	10	9.71	-25
Marketing Expense	1.46	2.73	3.34	3.70	3.18	3.21	3.30	6.27	3.96	3.80
Research & Development Expense	1.72	2.69	2.62	4.35	5.11	3.64	4.80	5.32	4.65	4.15
Depreciation Expense	0.41	0.63	0.68	1.04	1.35	1.77	2.43	3.56	3.13	4.50
Total Other Income / (Expense), net	5.90	19	-5.04	5.06	11	4.73	-8.29	12	1.19	-215
Interest & Investment Income	-	-	3.31	3.57	3.62	3.10	2.52	2.17	1.95	1.44
Other Income / (Expense), net	5.69	17	-8.35	1.49	7.59	1.64	-11	10	-0.76	-216
Income Tax Expense	0.00	-0.22	-	0.02	0.02	-	-0.00	0.15	-0.09	-2.08
Basic Earnings per Share	-	-	($0.14)	($0.15)	($0.14)	($0.15)	($0.21)	($0.13)	($0.15)	($1.17)
Weighted Average Basic Shares Outstanding	177.66M	242.44M	202.72M	201.26M	201.81M	201.44M	201.90M	204.09M	204.97M	204.10M
Weighted Average Diluted Shares Outstanding	384.91M	384.91M	384.91M	385.92M	201.81M	201.44M	387.87M	389.01M	204.97M	204.10M
Weighted Average Basic & Diluted Shares Outstanding	384.91M	384.91M	384.91M	385.92M	386.06M	386.06M	387.87M	389.01M	389.52M	434.30M

This table details how cash moves in and out of Rumble's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	45	290	-119	-104
Net Cash From Operating Activities	-5.31	-32	-93	-87
Net Cash From Continuing Operating Activities	-5.19	-32	-93	-87
Net Income / (Loss) Continuing Operations	0.00	-11	-116	-338
Consolidated Net Income / (Loss)	-	-11	-116	-338
Depreciation Expense	0.25	1.56	4.85	14
Non-Cash Adjustments To Reconcile Net Income	-8.78	-19	15	240
Changes in Operating Assets and Liabilities, net	3.34	-3.93	3.89	-2.30
Net Cash From Investing Activities	1.58	-10	-24	-16
Net Cash From Continuing Investing Activities	1.58	-10	-24	-16
Purchase of Property, Plant & Equipment	-1.84	-8.54	-15	-2.67
Acquisitions	3.42	-0.49	-10	-14
Purchase of Investments	0.00	-1.10	-1.14	0.00
Divestitures	-	-	1.00	0.00
Sale and/or Maturity of Investments	-	0.00	1.10	1.14
Net Cash From Financing Activities	49	333	-2.15	-1.67
Net Cash From Continuing Financing Activities	49	333	-2.15	-1.67
Repurchase of Common Equity	0.00	-65	-0.04	-0.37
Other Financing Activities, net	0.00	400	-2.11	-1.30
Cash Interest Paid	0.01	0.00	0.00	0.00
Cash Income Taxes Paid	0.00	0.01	0.03	0.07

This table details how cash moves in and out of Rumble's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	323	-20	-12	-30	-30	-48	-36	-30	-22	-17
Net Cash From Operating Activities	-8.10	-15	-9.98	-25	-25	-33	-34	-22	-19	-12
Net Cash From Continuing Operating Activities	-8.10	-15	-9.98	-25	-25	-33	-34	-22	-19	-12
Net Income / (Loss) Continuing Operations	-1.86	-0.94	-29	-29	-29	-29	-43	-27	-32	-237
Consolidated Net Income / (Loss)	-1.86	-0.94	-29	-29	-29	-29	-43	-27	-32	-237
Depreciation Expense	0.40	0.63	0.68	1.04	1.35	1.77	2.43	3.56	3.13	4.50
Non-Cash Adjustments To Reconcile Net Income	-5.18	-14	11	1.93	-2.22	4.40	17	-3.15	4.55	222
Changes in Operating Assets and Liabilities, net	-1.47	-1.14	7.21	1.79	4.87	-9.98	-10	4.37	5.34	-1.86
Net Cash From Investing Activities	-1.81	-4.31	-1.99	-5.06	-3.91	-13	-1.78	-7.37	-2.13	-4.36
Net Cash From Continuing Investing Activities	-1.81	-4.31	-1.99	-5.06	-3.91	-13	-1.78	-7.37	-2.13	-4.36
Purchase of Property, Plant & Equipment	-1.81	-2.71	-1.84	-5.84	-3.32	-3.56	-0.43	-1.36	-0.86	-0.02
Acquisitions	-	-0.49	-0.14	-0.21	-0.55	-9.25	-1.36	-6.00	-1.20	-5.55
Purchase of Investments	-	-1.10	-	-	-	-	-	-	-	1.20
Net Cash From Financing Activities	333	-0.23	0.00	-0.04	-0.46	-1.64	0.00	-0.49	-1.13	-0.05
Net Cash From Continuing Financing Activities	333	-0.23	0.00	-0.04	-0.46	-1.64	0.00	-0.49	-1.13	-0.05
Repurchase of Common Equity	-65	-0.23	-	-	-	-	-	-	-	-0.37
Other Financing Activities, net	-	-	-	-	-0.46	-1.64	-	-	-1.13	0.32
Cash Interest Paid	0.00	-	-	-	-	-	-	-	0.00	0.00

This table presents Rumble's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2020	2021	2022	2023	2024
Period end date	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	0.21	56	367	296	195
Total Current Assets	0.03	49	352	238	136
Cash & Equivalents	0.03	47	337	218	114
Short-Term Investments	-	0.00	1.10	1.14	0.00
Accounts Receivable	-	1.34	4.75	5.44	9.78
Prepaid Expenses	0.00	0.78	9.34	13	12
Plant, Property, & Equipment, net	0.00	1.29	8.84	20	17
Total Noncurrent Assets	0.18	5.55	5.78	38	42
Goodwill	-	0.66	0.66	11	11
Intangible Assets	-	3.29	3.21	23	29
Other Noncurrent Operating Assets	0.18	1.60	1.90	4.10	2.16
Total Liabilities & Shareholders' Equity	0.21	56	367	296	195
Total Liabilities	0.18	8.64	27	44	258
Total Current Liabilities	0.18	7.20	16	34	217
Short-Term Debt	0.00	-	0.00	0.86	0.00
Accounts Payable	0.11	6.85	14	25	18
Current Deferred Revenue	-	0.03	1.04	7.00	13
Other Current Liabilities	-	0.32	0.58	0.98	186
Total Noncurrent Liabilities	0.00	1.45	11	11	42
Capital Lease Obligations	-	-	-	1.63	0.80
Other Noncurrent Operating Liabilities	0.00	1.45	11	8.90	41
Commitments & Contingencies	0.00	0.00	-	0.00	0.00
Total Equity & Noncontrolling Interests	0.02	30	340	252	-63
Total Preferred & Common Equity	0.02	30	340	252	-63
Preferred Stock	0.00	-	0.00	0.00	0.00
Total Common Equity	0.02	30	340	252	-63
Common Stock	0.03	48	368	397	420
Retained Earnings	-0.00	-17	-29	-145	-484

This table presents Rumble's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	380	355	360	331	263	243	217
Total Current Assets	368	339	319	286	205	183	159
Cash & Equivalents	357	325	296	266	183	153	131
Short-Term Investments	-	1.10	1.10	1.14	1.14	1.14	1.20
Accounts Receivable	7.86	5.51	6.86	6.15	5.99	10	11
Prepaid Expenses	3.44	7.00	16	13	15	19	16
Plant, Property, & Equipment, net	6.54	10	15	18	19	19	18
Total Noncurrent Assets	5.11	5.65	25	27	39	41	40
Goodwill	0.66	0.66	13	13	11	11	11
Intangible Assets	2.94	3.20	11	11	23	27	27
Other Noncurrent Operating Assets	1.50	1.79	2.14	3.70	4.66	3.15	2.52
Total Liabilities & Shareholders' Equity	380	355	360	331	263	243	217
Total Liabilities	41	41	58	56	52	51	51
Total Current Liabilities	14	22	39	44	30	40	40
Short-Term Debt	-	-	1.72	0.98	2.86	1.23	0.00
Accounts Payable	12	18	27	34	-	25	26
Current Deferred Revenue	0.37	3.64	8.53	7.49	7.01	14	14
Other Current Liabilities	0.58	0.49	2.04	2.30	-	-	1.04
Total Noncurrent Liabilities	27	20	19	12	22	10	10
Other Noncurrent Operating Liabilities	27	20	18	11	20	8.92	10
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	339	313	302	275	211	193	166
Total Preferred & Common Equity	339	313	302	275	211	193	166
Preferred Stock	-	-	-	0.00	0.00	0.00	0.00
Total Common Equity	339	313	302	275	211	193	166
Common Stock	367	371	389	391	399	408	413
Retained Earnings	-28	-57	-87	-116	-188	-215	-247

This table displays calculated financial ratios and metrics derived from Rumble's official financial filings.

Metric	2021	2022	2023	2024
Period end date	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	315.56%	105.81%	17.94%
EBITDA Growth	0.00%	22.70%	-922.18%	-160.92%
EBIT Growth	0.00%	11.23%	-809.78%	-161.64%
NOPAT Growth	0.00%	-238.65%	-280.75%	3.46%
Net Income Growth	0.00%	14.98%	-920.87%	-190.64%
EPS Growth	0.00%	0.00%	0.00%	-186.21%
Operating Cash Flow Growth	0.00%	-507.96%	-187.78%	6.35%
Free Cash Flow Firm Growth	0.00%	0.00%	-393.37%	193.15%
Invested Capital Growth	0.00%	341.69%	2,437.08%	-608.99%
Revenue Q/Q Growth	0.00%	46.65%	0.60%	11.65%
EBITDA Q/Q Growth	0.00%	46.17%	-33.01%	-151.77%
EBIT Q/Q Growth	0.00%	40.08%	-32.93%	-142.17%
NOPAT Q/Q Growth	0.00%	-44.00%	-15.31%	9.03%
Net Income Q/Q Growth	0.00%	42.62%	-32.16%	-158.51%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	-43.51%	-24.35%	19.24%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	-17.60%	194.57%
Invested Capital Q/Q Growth	0.00%	107.76%	280.32%	-608.83%
Profitability Metrics	-	-	-	-
Gross Margin	100.00%	99.37%	-80.52%	-45.02%
EBITDA Margin	-171.56%	-31.91%	-158.50%	-350.66%
Operating Margin	-111.05%	-90.50%	-167.42%	-137.04%
EBIT Margin	-174.20%	-37.21%	-164.50%	-364.92%
Profit (Net Income) Margin	-141.70%	-28.99%	-143.79%	-354.35%
Tax Burden Percent	99.06%	98.15%	97.25%	99.41%
Interest Burden Percent	82.12%	79.37%	89.89%	97.68%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-2,380.24%	-2,976.16%	-526.99%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-2,367.32%	-2,983.18%	-519.23%	0.00%
Return on Net Nonoperating Assets (RNNOA)	2,351.80%	2,970.26%	487.61%	0.00%
Return on Equity (ROE)	-28.44%	-5.90%	-39.38%	-358.99%
Cash Return on Invested Capital (CROIC)	0.00%	-3,102.31%	-711.82%	0.00%
Operating Return on Assets (OROA)	-58.89%	-6.93%	-40.19%	-141.93%
Return on Assets (ROA)	-47.90%	-5.39%	-35.14%	-137.82%
Return on Common Equity (ROCE)	-18.32%	-5.64%	-39.38%	-358.99%
Return on Equity Simple (ROE_SIMPLE)	-44.17%	-3.36%	-46.27%	536.10%
Net Operating Profit after Tax (NOPAT)	-7.36	-25	-95	-92
NOPAT Margin	-77.74%	-63.35%	-117.19%	-95.93%
Net Nonoperating Expense Percent (NNEP)	-12.92%	7.02%	-7.76%	-149.46%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-37.34%	146.99%
Cost of Revenue to Revenue	0.00%	0.63%	180.52%	145.02%
SG&A Expenses to Revenue	115.53%	152.09%	45.85%	38.38%
R&D to Revenue	17.14%	16.26%	19.42%	19.82%
Operating Expenses to Revenue	180.07%	190.75%	86.90%	92.02%
Earnings before Interest and Taxes (EBIT)	-16	-15	-133	-348
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-16	-13	-128	-335
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	75.41	6.74	3.59	0.00
Price to Tangible Book Value (P/TBV)	86.68	6.82	4.15	0.00
Price to Revenue (P/Rev)	241.90	58.22	11.17	27.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7,309.62	1,429.48	19.84	0.00
Enterprise Value to Revenue (EV/Rev)	238.72	49.62	8.49	26.62
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	21.29
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.00	0.01	-0.01
Long-Term Debt to Equity	0.00	0.00	0.01	-0.01
Financial Leverage	-0.99	-1.00	-0.94	-1.75
Leverage Ratio	1.19	1.09	1.12	2.60
Compound Leverage Factor	0.97	0.87	1.01	2.54
Debt to Total Capital	0.00%	0.00%	0.98%	-1.28%
Short-Term Debt to Total Capital	0.00%	0.00%	0.34%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.64%	-1.28%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	35.60%	0.00%	0.00%	0.00%
Common Equity to Total Capital	64.40%	100.00%	99.02%	101.28%
Debt to EBITDA	0.00	0.00	-0.02	0.00
Net Debt to EBITDA	0.00	0.00	1.69	0.34
Long-Term Debt to EBITDA	0.00	0.00	-0.01	0.00
Debt to NOPAT	0.00	0.00	-0.03	-0.01
Net Debt to NOPAT	0.00	0.00	2.29	1.24
Long-Term Debt to NOPAT	0.00	0.00	-0.02	-0.01
Altman Z-Score	158.59	51.21	11.24	-3.20
Noncontrolling Interest Sharing Ratio	35.59%	4.34%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	6.80	22.09	7.09	0.63
Quick Ratio	6.69	21.51	6.70	0.57
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-26	-128	119
Operating Cash Flow to CapEx	-288.60%	-377.86%	-637.56%	-3,253.81%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-
Asset Turnover	0.34	0.19	0.24	0.39
Accounts Receivable Turnover	0.00	12.91	15.89	12.55
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	7.77	5.67	5.20
Accounts Payable Turnover	0.00	0.02	7.49	6.45
Days Sales Outstanding (DSO)	0.00	28.27	22.97	29.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	15,473.57	48.75	56.59
Cash Conversion Cycle (CCC)	0.00	-15,445.30	-25.78	-27.50
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.31	1.37	35	-176
Invested Capital Turnover	30.62	46.98	4.50	-1.35
Increase / (Decrease) in Invested Capital	0.00	1.06	33	-211
Enterprise Value (EV)	2,260	1,952	687	2,542
Market Capitalization	2,290	2,290	904	2,655
Book Value per Share	$0.80	$0.88	$0.65	($0.31)
Tangible Book Value per Share	$0.69	$0.87	$0.56	($0.51)
Total Capital	47	340	254	-62
Total Debt	0.00	0.00	2.49	0.80
Total Long-Term Debt	0.00	0.00	1.63	0.80
Net Debt	-47	-338	-217	-113
Capital Expenditures (CapEx)	1.84	8.54	15	2.67
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-5.08	-1.86	-14	-195
Debt-free Net Working Capital (DFNWC)	42	336	205	-81
Net Working Capital (NWC)	42	336	204	-81
Net Nonoperating Expense (NNE)	6.05	-14	22	247
Net Nonoperating Obligations (NNO)	-47	-338	-217	-113
Total Depreciation and Amortization (D&A)	0.25	2.08	4.85	14
Debt-free, Cash-free Net Working Capital to Revenue	-53.66%	-4.72%	-17.49%	-203.82%
Debt-free Net Working Capital to Revenue	441.23%	855.16%	253.59%	-84.42%
Net Working Capital to Revenue	441.23%	855.16%	252.52%	-84.42%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	($1.59)	($0.05)	($0.58)	($1.66)
Adjusted Weighted Average Basic Shares Outstanding	38.20M	384.91M	201.44M	204.10M
Adjusted Diluted Earnings per Share	($1.59)	($0.05)	$0.00	($1.66)
Adjusted Weighted Average Diluted Shares Outstanding	38.20M	242.44M	386.06M	204.10M
Adjusted Basic & Diluted Earnings per Share	($1.59)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	33.74M	384.91M	386.06M	434.30M
Normalized Net Operating Profit after Tax (NOPAT)	-7.36	-24	-94	-92
Normalized NOPAT Margin	-77.74%	-61.36%	-116.20%	-95.93%
Pre Tax Income Margin	-143.05%	-29.54%	-147.86%	-356.45%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	-570.78%	-0.03%	-0.11%

This table displays calculated financial ratios and metrics derived from Rumble's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	430.72%	169.19%	335.51%	467.68%	63.72%	2.41%	-0.05%	-10.03%	39.34%	48.86%
EBITDA Growth	38.76%	84.01%	-587.65%	-544.51%	-1,775.14%	-1,634.74%	-38.41%	21.51%	2.64%	-597.58%
EBIT Growth	24.46%	79.15%	-571.87%	-531.13%	-1,475.99%	-1,279.05%	-43.27%	12.74%	-2.91%	-575.45%
NOPAT Growth	-393.52%	-130.45%	-502.46%	-633.67%	-418.20%	-93.63%	-48.15%	-12.52%	18.40%	34.91%
Net Income Growth	29.20%	89.97%	-632.79%	-528.20%	-1,461.57%	-2,999.21%	-51.00%	9.08%	-8.68%	-708.66%
EPS Growth	97.14%	0.00%	0.00%	0.00%	-1,300.00%	0.00%	0.00%	0.00%	-7.14%	0.00%
Operating Cash Flow Growth	-3,702.10%	-192.03%	-168.41%	-339.80%	-212.39%	-122.22%	-239.28%	11.45%	24.68%	62.64%
Free Cash Flow Firm Growth	203.78%	0.00%	1,171.14%	-115.64%	-118.07%	-308.92%	-126.36%	-29.49%	11.54%	427.06%
Invested Capital Growth	-106.04%	341.69%	-104.92%	140.90%	151.80%	2,437.08%	341.02%	506.67%	280.45%	-608.99%
Revenue Q/Q Growth	149.66%	81.29%	-11.53%	41.77%	-28.00%	13.40%	-13.66%	27.62%	11.52%	21.15%
EBITDA Q/Q Growth	66.22%	-16.82%	-1,498.80%	-2.15%	1.72%	-8.08%	-29.87%	42.08%	-21.91%	-674.38%
EBIT Q/Q Growth	60.42%	-24.60%	-1,139.67%	-3.23%	1.16%	-9.03%	-31.00%	37.13%	-16.56%	-615.62%
NOPAT Q/Q Growth	-65.06%	-147.61%	-22.96%	-45.99%	-16.59%	7.48%	4.91%	-10.88%	15.45%	26.20%
Net Income Q/Q Growth	60.36%	49.17%	-2,934.73%	-2.74%	1.47%	-0.88%	-47.86%	38.14%	-17.77%	-650.66%
EPS Q/Q Growth	66.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-45.15%	-83.76%	32.97%	-145.97%	-3.10%	-30.72%	-2.35%	35.80%	12.31%	35.17%
Free Cash Flow Firm Q/Q Growth	0.00%	-104.78%	1,902.72%	-118.15%	-15.57%	-8.16%	-20.06%	10.85%	21.05%	499.90%
Invested Capital Q/Q Growth	-6.30%	107.76%	-1,054.14%	151.94%	34.62%	280.32%	-4.88%	30.73%	-15.58%	-608.83%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	138.55%	100.00%	-63.57%	-121.06%	-221.48%	97.79%	-58.85%	-45.38%	-117.30%
EBITDA Margin	-15.18%	-9.78%	-176.83%	-127.41%	-173.91%	-165.74%	-244.89%	-111.14%	-121.51%	-776.70%
Operating Margin	-70.66%	-96.51%	-134.14%	-138.12%	-223.64%	-182.46%	-198.82%	-172.74%	-130.97%	-79.78%
EBIT Margin	-18.85%	-12.95%	-181.52%	-132.17%	-181.43%	-174.44%	-260.20%	-128.19%	-133.99%	-791.51%
Profit (Net Income) Margin	-16.92%	-4.74%	-162.74%	-117.94%	-161.39%	-143.57%	-245.88%	-119.19%	-125.87%	-779.93%
Tax Burden Percent	100.00%	81.43%	100.00%	100.06%	100.06%	89.80%	98.21%	100.57%	99.73%	99.46%
Interest Burden Percent	89.77%	44.98%	89.66%	89.18%	88.90%	91.65%	96.21%	92.45%	94.19%	99.07%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-9.70%	-3,173.80%	-39.43%	0.00%	0.00%	-574.36%	-1,226.44%	-396.75%	-358.33%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-11.70%	-3,180.30%	-31.95%	0.00%	0.00%	-573.19%	-1,219.00%	-396.93%	-354.02%	0.00%
Return on Net Nonoperating Assets (RNNOA)	6.62%	3,166.53%	17.98%	0.00%	0.00%	538.28%	1,176.26%	358.54%	318.91%	0.00%
Return on Equity (ROE)	-3.08%	-7.27%	-21.45%	-20.88%	-28.68%	-36.07%	-50.18%	-38.22%	-39.42%	-358.99%
Cash Return on Invested Capital (CROIC)	0.00%	-3,102.31%	0.00%	-1,224.85%	-1,196.44%	-711.82%	-469.01%	-586.20%	-576.90%	0.00%
Operating Return on Assets (OROA)	-1.49%	-2.41%	-29.32%	-29.39%	-41.07%	-42.62%	-68.21%	-33.34%	-41.78%	-307.84%
Return on Assets (ROA)	-1.33%	-0.88%	-26.29%	-26.23%	-36.54%	-35.08%	-64.46%	-31.00%	-39.25%	-303.34%
Return on Common Equity (ROCE)	-1.61%	-6.96%	-10.28%	-10.15%	-28.68%	-36.07%	-50.18%	-38.22%	-39.42%	-358.99%
Return on Equity Simple (ROE_SIMPLE)	-5.86%	0.00%	-11.54%	-20.19%	-32.01%	0.00%	-62.20%	-66.63%	-78.78%	0.00%
Net Operating Profit after Tax (NOPAT)	-5.43	-13	-17	-24	-28	-26	-25	-27	-23	-17
NOPAT Margin	-49.46%	-67.55%	-93.89%	-96.69%	-156.55%	-127.73%	-139.17%	-120.92%	-91.68%	-55.85%
Net Nonoperating Expense Percent (NNEP)	2.01%	6.49%	-7.48%	-1.79%	-0.28%	-1.16%	-7.43%	0.17%	-4.31%	-133.13%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-10.25%	-	-	-	27.20%
Cost of Revenue to Revenue	0.00%	-38.55%	0.00%	163.57%	221.06%	321.48%	2.21%	158.85%	145.38%	217.30%
SG&A Expenses to Revenue	137.93%	207.85%	196.47%	36.84%	53.88%	-80.28%	233.73%	46.35%	38.76%	-81.14%
R&D to Revenue	15.70%	13.51%	14.86%	17.41%	28.43%	17.87%	27.26%	23.67%	18.56%	13.69%
Operating Expenses to Revenue	170.66%	243.68%	234.14%	74.55%	102.58%	-39.01%	301.08%	113.89%	85.59%	-40.11%
Earnings before Interest and Taxes (EBIT)	-2.07	-2.58	-32	-33	-33	-36	-46	-29	-34	-240
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.67	-1.95	-31	-32	-31	-34	-43	-25	-30	-236
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	13.91	6.74	12.29	11.41	3.74	3.59	14.87	11.21	6.61	0.00
Price to Tangible Book Value (P/TBV)	14.05	6.82	12.44	12.37	4.09	4.15	17.74	13.95	8.53	0.00
Price to Revenue (P/Rev)	175.78	58.22	72.75	46.85	12.79	11.17	38.71	27.52	12.85	27.81
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	1,429.48	0.00	465.15	83.78	19.84	94.09	48.90	27.89	0.00
Enterprise Value to Revenue (EV/Rev)	162.48	49.62	66.58	42.83	9.48	8.49	36.50	25.59	11.30	26.62
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	14.72	0.00	0.00	0.00	0.00	0.00	0.00	21.29
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.01	0.00	0.01	0.02	0.01	0.00	-0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.00	-0.01
Financial Leverage	-0.57	-1.00	-0.56	-1.02	-1.01	-0.94	-0.96	-0.90	-0.90	-1.75
Leverage Ratio	1.08	1.09	1.14	1.13	1.16	1.12	1.18	1.22	1.24	2.60
Compound Leverage Factor	0.97	0.49	1.02	1.01	1.03	1.03	1.13	1.13	1.17	2.58
Debt to Total Capital	0.00%	0.00%	0.00%	0.57%	0.36%	0.98%	2.11%	1.34%	0.00%	-1.28%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.57%	0.36%	0.34%	1.33%	0.63%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.64%	0.78%	0.71%	0.00%	-1.28%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	99.43%	99.64%	99.02%	97.89%	98.66%	100.00%	101.28%
Debt to EBITDA	0.00	0.00	0.00	-0.03	-0.01	-0.02	-0.03	-0.02	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	4.41	2.76	1.69	1.28	1.14	0.00	0.34
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-0.01	-0.01	-0.01	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	-0.03	-0.01	-0.03	-0.04	-0.02	0.00	-0.01
Net Debt to NOPAT	0.00	0.00	0.00	4.95	3.23	2.29	1.74	1.43	0.00	1.24
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.02	-0.02	-0.01	0.00	-0.01
Altman Z-Score	70.88	51.32	56.55	35.94	11.28	12.33	35.47	25.04	11.86	-1.37
Noncontrolling Interest Sharing Ratio	47.66%	4.34%	52.05%	51.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	26.89	22.09	15.61	8.23	6.47	7.09	6.75	4.56	3.94	0.63
Quick Ratio	26.64	21.51	15.28	7.82	6.17	6.70	6.24	4.09	3.55	0.57
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	303	-15	262	-47	-55	-59	-69	-61	-49	194
Operating Cash Flow to CapEx	-447.07%	-548.60%	-541.98%	-420.04%	-761.32%	-928.16%	-7,934.65%	-1,593.28%	-2,206.03%	-64,360.29%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.08	0.19	0.16	0.22	0.23	0.24	0.26	0.26	0.31	0.39
Accounts Receivable Turnover	0.00	12.91	0.00	0.00	11.49	15.89	14.08	9.26	9.80	12.55
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	7.77	0.00	0.00	6.59	5.67	5.55	4.57	4.71	5.20
Accounts Payable Turnover	0.00	0.02	0.00	2.48	3.17	7.49	0.00	0.00	0.00	6.45
Days Sales Outstanding (DSO)	0.00	28.27	0.00	0.00	31.78	22.97	25.92	39.44	37.25	29.09
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	15,473.57	0.00	146.90	115.10	48.75	0.00	0.00	0.00	56.59
Cash Conversion Cycle (CCC)	0.00	-15,445.30	0.00	-146.90	-83.32	-25.78	25.92	39.44	37.25	-27.50
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	-18	1.37	-13	6.77	9.11	35	31	41	35	-176
Invested Capital Turnover	0.20	46.98	0.42	-15.03	-18.99	4.50	8.81	3.28	3.91	-1.35
Increase / (Decrease) in Invested Capital	-309	1.06	-278	23	27	33	44	34	26	-211
Enterprise Value (EV)	4,358	1,952	3,523	3,147	763	687	2,955	2,007	967	2,542
Market Capitalization	4,715	2,290	3,849	3,442	1,029	904	3,134	2,159	1,099	2,655
Book Value per Share	$8.88	$0.88	$0.81	$0.78	$0.71	$0.65	$1.04	$0.94	$0.81	($0.31)
Tangible Book Value per Share	$8.78	$0.87	$0.80	$0.72	$0.65	$0.56	$0.87	$0.76	$0.63	($0.51)
Total Capital	339	340	313	303	276	254	215	195	166	-62
Total Debt	0.00	0.00	0.00	1.72	0.98	2.49	4.54	2.62	0.00	0.80
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	1.63	1.68	1.39	0.00	0.80
Net Debt	-357	-338	-326	-295	-266	-217	-179	-152	-132	-113
Capital Expenditures (CapEx)	1.81	2.71	1.84	5.84	3.32	3.56	0.43	1.36	0.86	0.02
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-2.39	-1.86	-9.20	-15	-24	-14	-6.11	-10	-13	-195
Debt-free Net Working Capital (DFNWC)	354	336	317	282	243	205	178	144	119	-81
Net Working Capital (NWC)	354	336	317	280	242	204	175	143	119	-81
Net Nonoperating Expense (NNE)	-3.57	-13	12	5.31	0.87	3.23	19	-0.39	8.57	220
Net Nonoperating Obligations (NNO)	-357	-338	-326	-295	-266	-217	-179	-152	-131	-113
Total Depreciation and Amortization (D&A)	0.40	0.63	0.83	1.19	1.35	1.77	2.70	3.83	3.13	4.50
Debt-free, Cash-free Net Working Capital to Revenue	-8.89%	-4.72%	-17.39%	-19.82%	-29.77%	-17.49%	-7.54%	-12.76%	-15.77%	-203.82%
Debt-free Net Working Capital to Revenue	1,320.80%	855.16%	599.33%	383.89%	302.00%	253.59%	219.54%	183.85%	138.56%	-84.42%
Net Working Capital to Revenue	1,320.80%	855.16%	599.33%	381.55%	300.78%	252.52%	216.00%	182.29%	138.56%	-84.42%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($0.14)	($0.15)	$0.00	($0.15)	($0.21)	($0.13)	($0.15)	($1.17)
Adjusted Weighted Average Basic Shares Outstanding	0.00	242.44M	202.72M	201.26M	201.81M	201.44M	201.90M	204.09M	204.97M	204.10M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($0.14)	($0.15)	($0.14)	$0.00	$0.00	$0.00	($0.15)	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	0.00	384.91M	202.72M	201.26M	386.06M	201.44M	387.87M	389.01M	204.97M	204.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	384.91M	384.91M	385.92M	386.06M	386.06M	387.87M	389.01M	389.52M	434.30M
Normalized Net Operating Profit after Tax (NOPAT)	-5.43	-13	-17	-24	-28	-26	-25	-27	-23	-17
Normalized NOPAT Margin	-49.46%	-67.55%	-93.89%	-94.71%	-154.81%	-127.73%	-139.17%	-120.92%	-91.68%	-55.85%
Pre Tax Income Margin	-16.92%	-5.83%	-162.74%	-117.87%	-161.30%	-159.88%	-250.35%	-118.51%	-126.21%	-784.18%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-326.36%	-570.78%	0.00%	-106.91%	-0.30%	-0.03%	0.00%	0.00%	0.00%	-0.11%

Frequently Asked Questions About Rumble's Financials

When does Rumble's fiscal year end?

According to the most recent income statement we have on file, Rumble's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Rumble's net income changed over the last 3 years?

Rumble's net income appears to be on an upward trend, with a most recent value of -$338.36 million in 2024, rising from -$13.41 million in 2021. The previous period was -$116.42 million in 2023. See Rumble's forecast for analyst expectations on what’s next for the company.

What is Rumble's operating income?

Rumble's total operating income in 2024 was -$130.85 million, based on the following breakdown:

Total Gross Profit: -$42.98 million
Total Operating Expenses: $87.87 million

How has Rumble revenue changed over the last 3 years?

Over the last 3 years, Rumble's total revenue changed from $9.47 million in 2021 to $95.49 million in 2024, a change of 908.7%.

How much debt does Rumble have?

Rumble's total liabilities were at $258.43 million at the end of 2024, a 486.1% increase from 2023, and a 141,816.3% increase since 2020.

How much cash does Rumble have?

In the past 4 years, Rumble's cash and equivalents has ranged from $25 thousand in 2020 to $337.17 million in 2022, and is currently $114.02 million as of their latest financial filing in 2024.

How has Rumble's book value per share changed over the last 3 years?

Over the last 3 years, Rumble's book value per share changed from 0.80 in 2021 to -0.31 in 2024, a change of -138.9%.

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This page (NASDAQ:RUM) was last updated on 5/5/2025 by MarketBeat.com Staff

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Rumble (RUM) Financials

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Rumble (RUM) Financials

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