RUM - Rumble Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
|
PRICE TARGET:
$11.50
DETAILS
HIGH:
$15.00
LOW:
$8.00
MEDIAN:
$11.50
CONSENSUS:
$11.50
UPSIDE:
40.24%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | |||||||
| Revenue | 100.6 | 95.5 | 81.0 | 39.4 | 9.5 | 4.6 | 3.4 |
| Cost of Revenue | 86.4 | 138.5 | 146.2 | 43.7 | 7.8 | 2.7 | 1.8 |
| Gross Profit | 14.2 | (43.0) | (65.2) | (4.4) | 1.7 | 1.8 | 1.6 |
| Operating Expenses | |||||||
| R&D Expenses | 18.7 | 18.9 | 15.7 | 6.3 | 1.6 | 0.6 | 0.6 |
| SG&A Expenses | 72.6 | 54.0 | 50.6 | 22.2 | 7.5 | 2.4 | 1.3 |
| Other Expenses | 0 | 15.0 | 4.1 | 2.7 | 3.1 | 0.1 | 0.0 |
| Operating Expenses | 91.4 | 87.9 | 70.4 | 31.2 | 12.2 | 3.1 | 1.9 |
| Operating Income | |||||||
| Operating Income | (77.1) | (130.9) | (135.5) | (35.6) | (10.5) | (1.3) | (0.3) |
| Interest Expense | 0 | 0 | 0 | 1.1 | 2.9 | 0 | 0 |
| Interest Income | 10.4 | 8.1 | 15.5 | 3.0 | 0.0 | 0 | 0.0 |
| Profitability | |||||||
| EBITDA | (62.6) | (326.8) | (131.5) | (32.4) | (10.4) | (1.2) | (0.3) |
| EBIT | (77.1) | (340.4) | (136.3) | (34.5) | (10.6) | (1.2) | (0.3) |
| Income Before Tax | (81.8) | (340.4) | (119.7) | (11.6) | (13.5) | (1.3) | (0.4) |
| Income Tax Expense | 0.1 | (2.0) | (3.3) | (0.2) | (0.1) | (0.0) | (0.0) |
| Net Income | (81.8) | (338.4) | (116.4) | (11.4) | (13.4) | (1.3) | (0.4) |
| Per Share Data | |||||||
| EPS (Basic) | -0.32 | -1.66 | -0.58 | -0.05 | -0.08 | -0.03 | -0.00 |
| EPS (Diluted) | -0.32 | -1.66 | -0.58 | -0.05 | -0.08 | -0.03 | -0.00 |
| Shares Outstanding | 254.7 | 204.1 | 201.4 | 242.4 | 173.5 | 43.1 | 280.2 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Current Assets | |||||||
| Cash & Cash Equivalents | 237.9 | 114.0 | 218.3 | 337.2 | 46.8 | 1.4 | 1.9 |
| Short-Term Investments | 0 | 0 | 1.1 | 1.1 | 0 | 0 | 0 |
| Net Receivables | 11.9 | 9.8 | 5.4 | 4.7 | 1.3 | 1.1 | 0.4 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) |
| Other Current Assets | 14.8 | 12.3 | 0 | 9.3 | 0.4 | 0 | 0.1 |
| Total Current Assets | 264.5 | 136.1 | 238.0 | 352.4 | 49.0 | 2.5 | 2.3 |
| Non-Current Assets | |||||||
| Property, Plant & Equipment | 18.0 | 17.1 | 22.2 | 10.2 | 2.8 | 0.1 | 0.1 |
| Goodwill | 10.7 | 10.7 | 10.7 | 0.7 | 0.7 | 0 | 0 |
| Intangible Assets | 24.0 | 29.3 | 23.3 | 3.2 | 3.3 | 0.1 | 0.1 |
| Long-Term Investments | 18.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.1 | 2.2 | 1.6 | 0.5 | 0.1 | 0 | 0 |
| Total Non-Current Assets | 72.3 | 59.2 | 57.7 | 14.6 | 6.8 | 0.2 | 0.2 |
| Total Assets | 336.8 | 195.3 | 295.7 | 367.0 | 55.8 | 2.7 | 2.5 |
| Current Liabilities | |||||||
| Account Payables | 5.9 | 18.2 | 24.4 | 14.3 | 6.9 | 2.5 | 1.6 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 |
| Deferred Revenue | 16.1 | 12.8 | 0 | 1.0 | 0.0 | 0.0 | (0.0) |
| Other Current Liabilities | 2.7 | 184.7 | 7.9 | 0 | 0 | 0.0 | 0.1 |
| Total Current Liabilities | 45.3 | 216.7 | 33.6 | 15.9 | 7.2 | 3.0 | 1.7 |
| Non-Current Liabilities | |||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0.0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 16.1 | 40.9 | 8.9 | 10.6 | 17.0 | 0 | 0.2 |
| Total Non-Current Liabilities | 16.7 | 41.7 | 10.5 | 11.4 | 18.2 | 0.0 | 0.2 |
| Total Liabilities | 62.0 | 258.4 | 44.1 | 27.3 | 25.4 | 3.0 | 1.9 |
| Stockholders' Equity | |||||||
| Common Stock | 0.8 | 0.8 | 0.8 | 0.8 | 43.4 | 0.6 | 0.6 |
| Retained Earnings | (565.4) | (483.6) | (145.2) | (28.8) | (17.4) | (4.0) | (2.0) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 274.8 | (63.1) | 251.6 | 339.6 | 30.4 | (0.3) | 0.6 |
| Total Liabilities & Equity | 336.8 | 195.3 | 295.7 | 367.0 | 55.8 | 2.7 | 2.5 |
| Debt Metrics | |||||||
| Total Debt | 1.9 | 1.8 | 2.6 | 1.4 | 1.5 | 0.4 | 0.1 |
| Net Debt | (236.0) | (112.2) | (215.7) | (335.8) | (45.3) | (1.0) | (1.8) |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | 0 | (338.4) | (116.4) | (11.4) | (13.4) | (1.3) | (0.4) |
| Depreciation & Amortization | 0 | 13.6 | 12.6 | 2.1 | 0.2 | 0.0 | 0.0 |
| Stock-Based Compensation | 0 | 23.8 | 0 | 1.9 | 1.4 | 1.1 | 0.0 |
| Change in Working Capital | 4.8 | (3.1) | 9.1 | (3.9) | 3.5 | 0.2 | 1.4 |
| Other Non-Cash Items | (75.2) | 217.0 | 5.1 | (21.0) | 3.1 | (0.0) | 0.0 |
| Operating Cash Flow | (70.4) | (87.0) | (92.9) | (32.3) | (5.3) | 0.1 | 1.1 |
| Investing Activities | |||||||
| Capital Expenditure | (4.1) | (2.7) | (14.6) | (9.0) | (1.8) | (0.1) | (0.1) |
| Acquisitions | 0 | (9.6) | (6.2) | 0 | 3.4 | 0 | 0 |
| Purchases of Investments | 0 | 0 | (1.1) | (1.1) | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 1.1 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (3.4) | 0 | (0.5) | (0.5) | 0 | 0 |
| Investing Cash Flow | (26.1) | (15.6) | (23.8) | (10.1) | 1.6 | (0.1) | (0.1) |
| Financing Activities | |||||||
| Net Debt Issuance | 0 | 0 | 0 | (2.2) | (0.4) | 0.3 | (0.0) |
| Stock Repurchased | (525) | (2.0) | 0 | (11) | 0 | (0.7) | (0.1) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3.3) | 0.3 | (2.1) | 346.0 | (0.5) | 0 | 0 |
| Financing Cash Flow | 220.4 | (1.7) | (2.1) | 332.8 | 49.1 | (0.4) | (0.1) |
| Cash Position | |||||||
| Net Change in Cash | 123.9 | (104.3) | (118.8) | 290.3 | 45.4 | (0.4) | 1.0 |
| Cash at Beginning | 114.0 | 218.3 | 337.2 | 46.8 | 1.4 | 1.9 | 0.9 |
| Cash at End | 237.9 | 114.0 | 218.3 | 337.2 | 46.8 | 1.4 | 1.9 |
| Free Cash Flow | (74.5) | (89.7) | (107.5) | (41.3) | (7.2) | (0.0) | 1.1 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Income Statement | |||||||
| Revenue | 100.6 | 95.5 | 81.0 | 39.4 | 9.5 | 4.6 | 3.4 |
| Gross Profit | 14.2 | (43.0) | (65.2) | (4.4) | 1.7 | 1.8 | 1.6 |
| Operating Income | (77.1) | (130.9) | (135.5) | (35.6) | (10.5) | (1.3) | (0.3) |
| Net Income | (81.8) | (338.4) | (116.4) | (11.4) | (13.4) | (1.3) | (0.4) |
| EPS (Diluted) | -0.32 | -1.66 | -0.58 | -0.05 | -0.08 | -0.03 | -0.00 |
| Balance Sheet | |||||||
| Cash & Equivalents | 237.9 | 114.0 | 218.3 | 337.2 | 46.8 | 1.4 | 1.9 |
| Total Assets | 336.8 | 195.3 | 295.7 | 367.0 | 55.8 | 2.7 | 2.5 |
| Total Debt | 1.9 | 1.8 | 2.6 | 1.4 | 1.5 | 0.4 | 0.1 |
| Stockholders' Equity | 274.8 | (63.1) | 251.6 | 339.6 | 30.4 | (0.3) | 0.6 |
| Cash Flow | |||||||
| Operating Cash Flow | (70.4) | (87.0) | (92.9) | (32.3) | (5.3) | 0.1 | 1.1 |
| Capital Expenditure | (4.1) | (2.7) | (14.6) | (9.0) | (1.8) | (0.1) | (0.1) |
| Free Cash Flow | (74.5) | (89.7) | (107.5) | (41.3) | (7.2) | (0.0) | 1.1 |