Rumble Inc.

Company Profile

Rumble Inc. had its IPO on 2021-04-14 under the ticker symbol RUM.

The company operates in the Technology sector and Software-Application industry. Rumble Inc. has a staff strength of 70 employees.

Stock update

Shares of Rumble Inc. opened at $6.94 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.85 - $7.22, and closed at $6.89.

This is a -0.29% slip from the previous day's closing price.

A total volume of 925,692 shares were traded at the close of the day’s session.

In the last one week, shares of Rumble Inc. have slipped by -12.56%.

Rumble Inc.'s Key Ratios

Rumble Inc. has a market cap of $2.21 billion, indicating a price to book ratio of 6.5524 and a price to sales ratio of 98.714.

In the last 12-months Rumble Inc.’s revenue was $73.53 million with a gross profit of $-4361234 and an EBITDA of $-82253056. The EBITDA ratio measures Rumble Inc.'s overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Rumble Inc.’s operating margin was -115.63% while its return on assets stood at -25.94% with a return of equity of -35.81%.

In Q2, Rumble Inc.’s quarterly earnings growth was a positive 0% while revenue growth was a positive 467.7%.

Rumble Inc.’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.3 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Rumble Inc.’s profitability.

Rumble Inc. stock is trading at a EV to sales ratio of 83.4611 and a EV to EBITDA ratio of -139.287. Its price to sales ratio in the trailing 12-months stood at 98.714.

Rumble Inc. stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$359.99 million

Total Liabilities

$38.79 million

Operating Cash Flow

$-5055034.00

Capital Expenditure

$6.06 million

Dividend Payout Ratio

0%

Rumble Inc. ended 2024 with $359.99 million in total assets and $0 in total liabilities. Its intangible assets were valued at $359.99 million while shareholder equity stood at $301.72 million.

Rumble Inc. ended 2024 with $0 in deferred long-term liabilities, $38.79 million in other current liabilities, 768513.00 in common stock, $-86904894.00 in retained earnings and $12.50 million in goodwill. Its cash balance stood at $295.56 million and cash and short-term investments were $296.66 million. The company’s total short-term debt was $410,620 while long-term debt stood at $18.31 million.

Rumble Inc.’s total current assets stands at $319.17 million while long-term investments were $0 and short-term investments were $1.10 million. Its net receivables were $6.86 million compared to accounts payable of $26.51 million and inventory worth $0.

In 2024, Rumble Inc.'s operating cash flow was $-5055034.00 while its capital expenditure stood at $6.06 million.

Comparatively, Rumble Inc. paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.89

52-Week High

$17.23

52-Week Low

$5.81

Analyst Target Price

$12

Rumble Inc. stock is currently trading at $6.89 per share. It touched a 52-week high of $17.23 and a 52-week low of $17.23. Analysts tracking the stock have a 12-month average target price of $12.

Its 50-day moving average was $7.95 and 200-day moving average was $8.71 The short ratio stood at 8.46 indicating a short percent outstanding of 0%.

Around 2998.3% of the company’s stock are held by insiders while 1949.9% are held by institutions.