earnings
confidence high
sentiment positive
materiality 0.70
Rumble Q3 revenue soars 430% to $11M; MAUs up 97% to 71M
Rumble Inc.
2022-Q3 EPS reported
-$0.06
revenue$19,427,259
- Revenue $11.0M, up 431% YoY from $2.1M and 150% QoQ from $4.4M.
- Average monthly active users 71M, a record, up 97% YoY; 57M in US/Canada.
- Operating loss $7.8M vs $1.6M loss in Q3 2021; higher expenses from growth.
- Cash $356.7M after de-SPAC with ~$400M gross; 99.9% of CFVI shareholders did not redeem.
- Launched Rumble Advertising Center (RAC) ahead of schedule; added creators Glenn Greenwald, Russell Brand.