Rumble Historical Income Statement
| RUM Stock | USD 7.13 0.09 1.28% |
Historical analysis of Rumble income statement accounts such as Selling And Marketing Expenses of 14.1 M, Total Revenue of 85 M, Other Operating Expenses of 227.3 M or Research Development of 16.5 M can show how well Rumble Inc performed in making a profits. Evaluating Rumble income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Rumble's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Rumble Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Rumble Inc is a good buy for the upcoming year.
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About Rumble Income Statement Analysis
Rumble Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Rumble shareholders. The income statement also shows Rumble investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Rumble Income Statement Chart
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Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Total Revenue
Total revenue comprises all receipts Rumble Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Rumble Inc minus its cost of goods sold. It is profit before Rumble operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Rumble's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Rumble Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. At this time, Rumble's Research Development is very stable compared to the past year. As of the 28th of November 2024, Cost Of Revenue is likely to grow to about 153.5 M, while Interest Expense is likely to drop about 1.2 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 2.9M | 1.1M | 1.3M | 1.2M | Depreciation And Amortization | 249.7K | 2.1M | 5.6M | 5.9M |
Rumble income statement Correlations
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Rumble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.65) | Revenue Per Share 0.388 | Quarterly Revenue Growth (0.10) | Return On Assets (0.31) | Return On Equity (0.52) |
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.