<span item_type="fundamental" item_id="47425c25edebcc414d87f3cad22c2852" counter_id="ST/US/RUMBW" env="prod"></span><span item_type="announcement" item_id="513928112319499521" env="prod"></span><p>Revenue: As of FY2025 Q1, the actual value is USD 23.71 M.</p><p>EPS: As of FY2025 Q1, the actual value is USD -0.01.</p><p></p><h3>Segment Revenue</h3><ul><li>Revenue for the first quarter of 2025 was $23.7 million, an increase of 34% compared to $17.7 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net loss for the first quarter was $2.7 million compared to a loss of $43.3 million in the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Adjusted EBITDA was a loss of $22.7 million in the first quarter of 2025, representing an improvement of $3.8 million compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Cost of services decreased by $1.8 million to $30.0 million in the first quarter of 2025 compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>General and administrative expenses increased by $7.3 million to $16.6 million in the first quarter of 2025 compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Research and development expenses increased by $0.3 million to $4.8 million in the first quarter of 2025 compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Sales and marketing expenses increased by $0.3 million to $3.6 million in the first quarter of 2025 compared to the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities was - $14.5 million for the first quarter of 2025 compared to - $33.9 million for the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Net cash used in investing activities was - $19.8 million for the first quarter of 2025 compared to - $1.8 million for the first quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Net cash used in financing activities was $221.6 million for the first quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Average global Monthly Active Users (MAUs) were 59 million in the first quarter of 2025, compared to 68 million in the fourth quarter of 2024, reflecting 87% retention post 2024 U.S. general election.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li><li>Average Revenue Per User (ARPU) for the first quarter of 2025 was $0.34, a decrease of 13% from the fourth quarter of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The Company continues to manage the business moving materially towards Adjusted EBITDA breakeven in 2025. With the new capital raised from Tether, Rumble has increased optionality to further invest in initiatives that could accelerate and expand its business.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1830081/000121390025041047/ea024120601ex99-1_rumble.htm"></span></li></ul>

RUMBLE INC C/WTS 16/09/2027 (TO PUR COM) | 8-K: FY2025 Q1 Revenue: USD 23.71 M