Rumble Q3 revenue $25.1M (+39% YoY); MAUs 67M (+26% QoQ); cash burn improving

Rumble Inc.

2024-Q3 EPS reported -$0.50 revenue$65,259,903

Revenue $25.1M, +39% YoY, +12% sequentially; net loss $31.5M (vs $29.0M loss YoY).
MAUs 67M, 11th consecutive quarter above 40M; ARPU $0.33 (down from $0.37 in Q2).
Adjusted EBITDA loss $23.5M, improved $11.9M YoY; quarterly cash burn reduced to $22.3M from $47.5M in Q4 2023.
Cloud partnership with Miami Dolphins; joined lawsuit vs advertisers; launched Xbox app and Rumble Premium.
Election night: record ad revenue, live viewers; Steven Crowder MugClub joins Premium; Sticker Mule cloud client.

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