For the year ending 2025-12-31, RUM had $123,900,553 increase in cash & cash equivalents over the period. -$74,497,056 in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenues | 100,622,320 | - | - | - |
| Programming and content | 86,377,511 | - | - | - |
| Other cost of services | 21,006,322 | - | - | - |
| General and administrative | 48,738,522 | - | - | - |
| Research and development | 18,743,630 | - | - | - |
| Sales and marketing | 23,892,235 | - | - | - |
| Acquisition-related transaction costs | 13,303,532 | - | - | - |
| Amortization and depreciation | 14,564,535 | - | - | - |
| Change in fair value of digital assets | 649,638 | - | - | - |
| Total expenses | 227,275,925 | - | - | - |
| Loss from operations | -126,653,605 | - | - | - |
| Interest income | 10,419,139 | - | - | - |
| Other expense | 10,643 | - | - | - |
| Change in fair value of warrant liability | -24,781,975 | - | - | - |
| Change in fair value of derivative | 9,700,000 | - | - | - |
| Loss before income taxes | -81,763,134 | - | - | - |
| Income tax (expense) benefit | 67,228 | - | - | - |
| Net loss and comprehensive loss for the period | - | - | - | 11,403,994 |
| Net loss for the year | -81,830,362 | -338,362,779 | -116,420,462 | - |
| Interest expense | - | - | - | 36,621 |
| Amortization and depreciation | - | - | - | 1,556,056 |
| Amortization and depreciation | 14,564,535 | 13,614,587 | 4,850,812 | 528,220 |
| Share-based compensation | 23,836,781 | 21,530,677 | 16,283,229 | 1,933,403 |
| Provision for credit losses | 954,321 | - | - | - |
| Non-cash portion interest expense | - | - | 58,815 | - |
| Net trade and barter revenue and expense | -118,873 | 118,873 | - | - |
| Change in lease liabilities due to cash payments | - | - | - | -496,835 |
| Amortization on right-of-use assets | - | - | 788,799 | - |
| Non-cash lease expense | 1,195,321 | 997,541 | - | - |
| Change in fair value of warrants | -24,781,975 | 32,694,697 | -2,365,895 | -21,010,500 |
| Change in fair value of contingent consideration | - | 1,354,357 | - | - |
| Change in fair value of digital assets | 649,638 | - | - | - |
| Change in fair value of derivative | -9,700,000 | 184,699,998 | - | - |
| Loss on disposal of property and equipment | -20,771 | - | - | - |
| Realized foreign exchange loss | - | - | - | -45,465 |
| Change in fair value of contingent consideration | - | - | -1,922,381 | - |
| Loss on lease termination | -925 | - | - | - |
| Accounts receivable | 3,034,611 | 4,338,494 | 674,981 | 2,935,399 |
| Prepaid expenses and other | 3,210,027 | -2,321,553 | 4,990,778 | 9,500,432 |
| Accounts payable and accrued liabilities | 8,758,479 | -4,268,101 | 9,612,728 | 7,996,298 |
| Deferred revenue | 3,411,476 | 5,690,220 | 5,963,272 | 1,010,605 |
| Deferred tax expense (recovery) | - | - | - | 0 |
| Deferred taxes | - | - | -3,323,744 | - |
| Deferred tax liability | - | -2,009,015 | - | - |
| Loss on change in fair value of option liability | - | - | - | 0 |
| Operating lease liabilities | -1,146,548 | -1,054,589 | -770,727 | - |
| Net cash used in operating activities | -70,430,149 | -87,010,475 | -92,911,313 | -32,331,422 |
| Purchase of capital assets | - | - | - | 8,544,398 |
| Purchase of property and equipment | 4,066,907 | 2,674,114 | 14,572,933 | - |
| Purchase of intellectual property | - | - | - | 494,769 |
| Purchase of intangible assets | 2,887,859 | 4,493,422 | 2,915,085 | - |
| Purchase of marketable securities | - | - | 1,135,200 | 1,100,000 |
| Sale of marketable securities | - | - | 1,100,000 | - |
| Sale and maturities of marketable securities | - | 1,135,200 | - | - |
| Cash acquired in connection with callin acquisition | - | - | 1,000,989 | - |
| Cash paid to non-accredited investors in connection with callin acquisition | - | 2,488,931 | - | - |
| Acquisition of north river, net of cash acquired | - | - | 7,249,085 | 0 |
| Cash paid in connection with north river acquisition | - | 7,122,868 | - | - |
| Purchase of digital assets | 19,100,000 | - | - | - |
| Repayment of sponsor loan in connection with qualifying transaction | - | - | - | 2,173,353 |
| Net cash used in investing activities | -26,054,766 | -15,644,135 | -23,771,314 | -10,139,167 |
| Share issuance costs | - | - | - | 54,091,750 |
| Taxes paid from net share settlement for share-based compensation | 3,349,241 | 1,963,132 | 2,107,516 | - |
| Repayments of bank indebtedness | - | - | - | 0 |
| Proceeds from exercise of warrants and stock options | 2,988,990 | 663,204 | - | - |
| Proceeds from other liabilities | - | - | - | 250,000 |
| Repayments of from long-term debt | - | - | - | 0 |
| Proceeds from issuance of class a common stock under espp | 175,510 | - | - | - |
| Proceeds from qualifying transaction | - | - | - | 399,807,596 |
| Proceeds from issuance of class a comon stock | 775,000,000 | - | - | 0 |
| Repurchase of class a common stock | 525,000,000 | - | - | 11,000,000 |
| Share issuance costs | 29,429,791 | 365,220 | 40,478 | - |
| Net cash provided by (used in) financing activities | 220,385,468 | -1,665,148 | -2,147,994 | 332,792,493 |
| (decrease) increase in cash and cash equivalents during the period | - | - | -118,830,621 | - |
| Increase (decrease) in cash and cash equivalents during the period | 123,900,553 | -104,319,758 | - | 290,321,904 |
| Cash and cash equivalents, beginning of year | 114,018,900 | 218,338,658 | 337,169,279 | 46,847,375 |
| Cash and cash equivalents, end of year | 237,919,453 | 114,018,900 | 218,338,658 | 337,169,279 |
Rumble Inc. (RUM)
Rumble Inc. (RUM)