RUM Group Inc. RUM
specifies otherwise, references to the "Company," "we," "us" or "our" are to, (a) prior
to the consummation of the business combination (the "CF Business Combination") contemplated by that certain business combination
agreement, dated December 1, 2021 (as amended, the "CF Business Combination Agreement"), by and between CF Acquisition Corp.
VI, a Delaware corporation ("CF VI"), and Rumble Inc., a corporation formed under the laws of the Province of Ontario, Canada
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $100.6M | $95.5M | $81.0M | $39.4M | $9.5M | — |
| Cost of revenue | $107.4M | $138.5M | $146.2M | — | — | — |
| Gross profit | -$6.8M | -$43.0M | -$65.2M | — | — | — |
| R&D | $18.7M | $18.9M | $15.7M | $6.3M | $1.6M | — |
| SG&A | $48.7M | $36.6M | $37.1M | $16.1M | $3.1M | — |
| Total operating expenses | $227.3M | $226.3M | $216.5M | $75.0M | $20.0M | — |
| Operating income | -$126.7M | -$130.9M | -$135.5M | -$35.6M | -$10.5M | — |
| Interest expense | — | — | — | $3.0M | $16.4K | — |
| Pre-tax income | -$81.8M | -$340.4M | -$119.7M | -$11.6M | -$13.5M | — |
| Income tax | $67.2K | $2.0M | $3.3M | $215.4K | $575 | — |
| Net income | -$81.8M | -$338.4M | -$116.4M | -$11.4M | -$13.4M | — |
| EPS, basic | -0.32 | -1.66 | -0.58 | -0.05 | -0.06 | — |
| EPS, diluted | -0.32 | -1.66 | -0.58 | -0.05 | -0.06 | — |
| Shares, diluted (wtd. avg.) | $254.7M | $204.1M | $201.4M | $242.4M | $211.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Cash and equivalents | $237.9M | $114.0M | $218.3M | $337.2M | $46.8M | $1.4M |
| Short-term investments | — | — | $1.1M | $1.1M | — | — |
| Receivables | $11.9M | $9.8M | $5.4M | $4.7M | $1.3M | — |
| Total current assets | $264.5M | $136.1M | $238.0M | $352.4M | $49.0M | $25.0K |
| Property, plant and equipment | $16.2M | $17.1M | $19.7M | $8.8M | $1.3M | — |
| Goodwill | $10.7M | $10.7M | $10.7M | $662.9K | $662.9K | — |
| Other intangibles | $24.0M | $29.3M | $23.3M | $3.2M | $3.3M | — |
| Total assets | $336.8M | $195.3M | $295.7M | $367.0M | $55.8M | $205.8K |
| Accounts payable | $27.9M | $18.2M | $24.7M | $14.3M | $6.9M | — |
| Total current liabilities | $45.3M | $216.7M | $33.6M | $15.9M | $7.2M | $182.1K |
| Total liabilities | $62.0M | $258.4M | $44.1M | $27.3M | $8.6M | $182.1K |
| Retained earnings | -$565.4M | -$483.6M | -$145.2M | -$28.8M | -$17.4M | -$1.3K |
| Total equity | $274.8M | -$63.1M | $251.6M | $339.6M | $30.4M | -$340.9K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$70.4M | -$87.0M | -$92.9M | -$32.3M | -$5.3M | — |
| Depreciation and amortisation | $5.8M | $5.3M | $3.3M | $1.6M | $154.4K | — |
| Stock-based compensation | $23.8M | $21.5M | $16.3M | $1.9M | $1.4M | — |
| Capital expenditure | $4.1M | $2.7M | $14.6M | $8.5M | $1.3M | — |
| Investing cash flow | -$26.1M | -$15.6M | -$23.8M | -$10.1M | $1.6M | — |
| Financing cash flow | $220.4M | -$1.7M | -$2.1M | $332.8M | $49.1M | — |
| Buybacks | $525.0M | — | — | $11.0M | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001213900-26-024099.
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