---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-25-001859"
form_type: "8-K"
ticker: "RUM"
cik: "0001830081"
company_name: "Rumble Inc."
filed_at: "2025-03-25T23:59:59+00:00"
generated_at: "2026-05-24T05:58:55.925229+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Rumble Q4 revenue $30.2M (+48% YoY); Adj EBITDA loss improves; Tether deal closed; new director

## Summary
- Revenue $30.2M (+48% YoY); net loss $236.8M due to $184.7M derivative loss; Adj EBITDA loss -$13.4M (improved $16.6M YoY).
- MAUs 68M global, 52M US/Canada (+21% sequential); ARPU $0.39 (+18% QoQ).
- Tether $775M strategic investment closed Feb 7, 2025; company received $250M gross proceeds after $525M self-tender.
- Guidance: Q1 2025 revenue growth at least 25% YoY; targeting Adj EBITDA breakeven in 2025.
- New independent director Phil Evershed appointed, chair of Audit Committee; $50k cash retainer + $360k initial equity.

## SEC filing metadata
- accession: 0001013762-25-001859
- form_type: 8-K
- ticker: RUM
- cik: 0001830081
- company_name: Rumble Inc.
- filed_at: 2025-03-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830081/000101376225001859/0001013762-25-001859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830081/000101376225001859/ea0235368-8k_rumble.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-25-001859
- JSON: https://secwatch.observer/filing/0001013762-25-001859.json
- Plain text: https://secwatch.observer/filing/0001013762-25-001859.txt

## Key facts
- Executive change
  Phil Evershed was appointed as Director at Rumble Inc..
  - Action: appointed
  - Role: Director
  source text: On March 20, 2025, the Board of Directors of the Company (the “Board”) appointed Phil Evershed to serve as a director on the Board, effective on March 26, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830081/000101376225001859/0001013762-25-001859-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.