RUM (Rumble) COGS-to-Revenue : 1.45 (As of Sep. 2024)

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What is Rumble COGS-to-Revenue?

Rumble's Cost of Goods Sold for the three months ended in Sep. 2024 was $36.43 Mil. Its Revenue for the three months ended in Sep. 2024 was $25.06 Mil.

Rumble's COGS to Revenue for the three months ended in Sep. 2024 was 1.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rumble's Gross Margin % for the three months ended in Sep. 2024 was -45.38%.

Rumble COGS-to-Revenue Historical Data

The historical data trend for Rumble's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rumble COGS-to-Revenue Chart

Rumble Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.53

0.60

0.82

1.11

1.81

Rumble Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial												2.21	1.94	1.79	1.59	1.45

Rumble COGS-to-Revenue Calculation

Rumble's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	146.156	/	80.963
	=	1.81

Rumble's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36.429	/	25.057
	=	1.45

Rumble (NAS:RUM) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Rumble's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	36.429 / 25.057
	=	-45.38 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Rumble COGS-to-Revenue Related Terms

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Rumble Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rumble Inc (NAS:RUM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

444 Gulf of Mexico Drive, Longboat Key, FL, USA, 34228

Website

https://www.rumble.com

Rumble Inc is a free-to-use video-sharing platform where users can watch, share, like, comment, and upload their own videos. Users can subscribe to channels to stay in touch with recent creator content and access video-on-demand uploaded, and live content streamed, by creators. Geographically, it generates a majority of its revenue from the United States.

Executives

Robert Arsov	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
David O Sacks	director	855 FRONT STREET, SAN FRANCISCO CA 94111
Wojciech Hlibowicki	officer: Chief Technology Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Brandon Alexandroff	officer: Chief Financial Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Claudio Ramolo	officer: Chief Content Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ryan Milnes	director, 10 percent owner	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Paul T Cappuccio	director	TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019
Michael Jay Ellis	officer: Gen.Counsel & Corp. Sectry	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Tyler Hughes	officer: Chief Operating Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Cfac Holdings Vi, Llc	10 percent owner	110 EAST 59TH STREET, NEW YORK NY 10022
Nancy Armstrong	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Ethan Fallang	director	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Christopher Pavlovski	director, 10 percent owner, officer: Chief Executive Officer	444 GULF OF MEXICO DR., LONGBOAT KEY FL 34228
Natasha Cornstein	director	CF ACQUISITION CORP. V, 110 EAST 59TH STREET, NEW YORK NY 10022
Steven Bisgay	director	545 WASHINGTON BLVD, JERSEY CITY NJ 07310