RUM Q1 2024 Earnings — Rumble Inc. Revenue & Financial Results | Market Cap Arena

RUMRumble Inc.

$2B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$18M+0.7% YoY

Gross Profit

-$14M-79.5% margin

Operating Income

-$35M-197.4% margin

Net Income

-$43M-244.1% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-13.0%

Cash Flow

Operating Cash Flow

-$34M

Free Cash Flow

-$36M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$263M

Total Liabilities

$52M

Stockholders' Equity

$211M

Cash & Equivalents

$183M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$18M	+0.7%
Gross Profit	-$14M	-$8M	-67.8%
Operating Income	-$35M	-$24M	-48.1%
Net Income	-$43M	-$29M	-51.0%

Geographic Segments

UNITED STATES

$17M96%

Other Member

$592,8993%

CANADA

$182,2811%