Rumble Inc. Net Assets
Rumble Inc. net assets. Based on the latest financial reports, Rumble Inc. (RUM) has net assets worth $1.43 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.12 Billion) and total liabilities ($698.47 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore net asset growth rate of Rumble Inc. to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.43 Billion |
| % of Total Assets | 67.12% |
| Annual Growth Rate | 180.8% |
| 5-Year Change | 805.06% |
| 10-Year Change | N/A |
| Growth Volatility | 488.52 |
Net Assets of Rumble Inc. (2019–2025)
Net assets of Rumble Inc. from 2019 to 2025. This chart illustrates how Rumble Inc.'s net assets have evolved over time, based on quarterly financial data. See Rumble Inc. balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Rumble Inc. (2019–2025)
The table below shows the annual net assets of Rumble Inc. from 2019 to 2025. For live market cap and overall valuation, see Rumble Inc. (RUM) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $274.84 Million | +535.46% |
| 2024-12-31 | $-63.12 Million | -125.08% |
| 2023-12-31 | $251.62 Million | -25.91% |
| 2022-12-31 | $339.63 Million | +1018.42% |
| 2021-12-31 | $30.37 Million | +9007.07% |
| 2020-12-31 | $-340.94K | -160.90% |
| 2019-12-31 | $559.81K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rumble Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 56343391800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Rumble Inc. Net Assets Breakdown (December 2025)
Rumble Inc. net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $773.44K | 0.28% |
| Other Components | $839.47 Million | 305.44% |
| Total Equity | $274.84 Million | 100.00% |
Rumble Inc. Competitors by Market Cap
The table below lists competitors of Rumble Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
World Kinect Corporation
NYSE:WKC
|
$1.40 Billion |
|
Natural Resource Partners LP
NYSE:NRP
|
$1.40 Billion |
|
Linea Directa Aseguradora SA Compania de Seguros y Reaseguros
MC:LDA
|
$1.40 Billion |
|
Shenzhen Dynanonic Co Ltd
SHE:300769
|
$1.40 Billion |
|
Faes Farma SA
MC:FAE
|
$1.40 Billion |
|
Chongqing Chuanyi Automation Co Ltd
SHG:603100
|
$1.40 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
$1.39 Billion |
|
Luxin Venture Capital Group Co Ltd
SHG:600783
|
$1.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rumble Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -63,115,402 to 274,842,192, a change of 337,957,594.
- Net loss of 81,830,362 reduced equity.
- Share repurchases of 525,000,000 reduced equity.
- New share issuances of 775,000,000 increased equity.
- Other factors increased equity by 169,787,956.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-81.83 Million | -29.77% |
| Share Repurchases | $525.00 Million | -191.02% |
| Share Issuances | $775.00 Million | +281.98% |
| Other Changes | $169.79 Million | +61.78% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Rumble Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.68x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2527.93x to 4.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $5.05 | x |
| 2020-12-31 | $-0.01 | $5.05 | x |
| 2021-12-31 | $0.18 | $5.05 | x |
| 2022-12-31 | $1.40 | $5.05 | x |
| 2023-12-31 | $1.25 | $5.05 | x |
| 2024-12-31 | $-0.31 | $5.05 | x |
| 2025-12-31 | $1.08 | $5.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rumble Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -29.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -81.32%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.23x
- Recent ROE (-29.77%) is below the historical average (-26.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -64.65% | -10.77% | 1.35x | 4.45x | $-417.90K |
| 2020 | 0.00% | -27.57% | 1.70x | 0.00x | $-1.22 Million |
| 2021 | -44.17% | -141.70% | 0.17x | 1.84x | $-16.45 Million |
| 2022 | -3.36% | -28.96% | 0.11x | 1.08x | $-45.37 Million |
| 2023 | -46.27% | -143.79% | 0.27x | 1.18x | $-141.58 Million |
| 2024 | 0.00% | -354.35% | 0.49x | 0.00x | $-332.05 Million |
| 2025 | -29.77% | -81.32% | 0.30x | 1.23x | $-109.31 Million |
Industry Comparison
This section compares Rumble Inc.'s net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,770,866,812
- Average return on equity (ROE) among peers: -22.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rumble Inc. (RUM) | $1.43 Billion | -64.65% | 0.49x | $1.40 Billion |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $5.17 Million |
| ANGI Homeservices Inc (ANGI) | $91.67 Million | -53.49% | 0.22x | $188.08 Million |
| Arena Group Holdings Inc (AREN) | $4.06 Million | -6.69% | 0.06x | $72.36 Million |
| Autohome Inc (ATHM) | $15.15 Billion | 18.95% | 0.04x | $2.38 Billion |
| Baidu Inc (BIDU) | $-3.34 Million | 0.00% | 0.00x | $21.40 Billion |
| Bilibili Inc (BILI) | $21.72 Billion | -31.35% | 1.40x | $4.55 Billion |
| Bumble Inc (BMBL) | $2.08 Billion | -6.98% | 0.74x | $448.93 Million |
| The Beachbody Company, Inc. (BODI) | $99.26 Million | -21.59% | 2.59x | $19.23 Million |
| The Beachbody Company, Inc. (BODI) | $211.54 Million | -91.80% | 1.10x | $48.17 Million |
| Kanzhun Ltd ADR (BZ) | $-1.66 Billion | 0.00% | 0.00x | $5.37 Billion |
About Rumble Inc.
RUM Group Inc. provides video sharing and cloud services platform in the United States, Canada, and internationally. The company offers Rumble Video, a free and subscription-based video sharing platform; Rumble Studio, a multi-platform livestreaming and monetization service for creators; Rumble Advertising Center, an in-house advertising marketplace; and Rumble Wallet, a non-custodial crypto wall… Read more