Rumble reported strong Q3 2024 results with revenue reaching $25.1 million, up 39% YoY and 12% QoQ. Monthly Active Users (MAUs) grew significantly to 67 million, representing a 26% increase from Q2 2024's 53 million, with 43 million users based in the U.S. and Canada. The company achieved its eleventh consecutive quarter with MAUs above 40 million.Net loss for Q3 was $31.5 million compared to $29.0 million in Q3 2023. Adjusted EBITDA loss improved by $11.9 million to $23.5 million. The company maintained strong liquidity with $132.0 million in cash and marketable securities, while demonstrating improved cash management with quarterly cash usage decreasing for four consecutive quarters, from $47.5 million in Q4 2023 to $22.3 million in Q3 2024.Notable developments include launching Rumble Premium, an ad-free subscription service, expanding to Xbox platform, and securing new partnerships including Miami Dolphins and Sticker Mule for cloud services. The company expects continued revenue growth through 2024 and aims to move towards Adjusted EBITDA breakeven in 2025.

Rumble reported strong Q3 2024 results with revenue reaching $25.1 million, up 39% YoY and 12% QoQ. Monthly Active Users (MAUs) grew significantly to 67 million, representing a 26% increase from Q2 2024's 53 million, with 43 million users based in the U.S. and Canada. The company achieved its eleventh consecutive quarter with MAUs above 40 million.Net loss for Q3 was $31.5 million compared to $29.0 million in Q3 2023. Adjusted EBITDA loss improved by $11.9 million to $23.5 million. The company maintained strong liquidity with $132.0 million in cash and marketable securities, while demonstrating improved cash management with quarterly cash usage decreasing for four consecutive quarters, from $47.5 million in Q4 2023 to $22.3 million in Q3 2024.Notable developments include launching Rumble Premium, an ad-free subscription service, expanding to Xbox platform, and securing new partnerships including Miami Dolphins and Sticker Mule for cloud services. The company expects continued revenue growth through 2024 and aims to move towards Adjusted EBITDA breakeven in 2025.