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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and Rumble Inc. (RUM). Click either name above to swap in a different company.
ADAMAS TRUST, INC. is the larger business by last-quarter revenue ($43.2M vs $27.1M, roughly 1.6× Rumble Inc.). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs -120.8%, a 244.8% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -10.5%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $-31.7M). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs 15.2%).
Rumble is a Canadian-American online video platform, web hosting, and cloud services business headquartered in Toronto, Canada, with its U.S. headquarters in Longboat Key, Florida. It was founded in 2013 by Chris Pavlovski, a Canadian technology entrepreneur. Rumble's cloud services business hosts Truth Social, and the video platform is popular among American conservative and far-right users. Rumble has been described as "alt-tech".
ADAM vs RUM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $27.1M |
| Net Profit | $53.5M | $-32.7M |
| Gross Margin | — | 5.5% |
| Operating Margin | — | -131.1% |
| Net Margin | 124.0% | -120.8% |
| Revenue YoY | 61.6% | -10.5% |
| Net Profit YoY | 270.5% | 86.2% |
| EPS (diluted) | $0.45 | $-0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.2M | $27.1M | ||
| Q3 25 | $36.6M | $24.8M | ||
| Q2 25 | $36.4M | — | ||
| Q1 25 | $33.1M | $23.7M | ||
| Q4 24 | $26.7M | $30.2M | ||
| Q3 24 | $20.2M | $25.1M | ||
| Q2 24 | $19.0M | $22.5M | ||
| Q1 24 | $17.9M | $17.7M |
| Q4 25 | $53.5M | $-32.7M | ||
| Q3 25 | $44.8M | $-16.3M | ||
| Q2 25 | $8.5M | — | ||
| Q1 25 | $42.2M | $-2.7M | ||
| Q4 24 | $-31.4M | $-236.8M | ||
| Q3 24 | $42.8M | $-31.5M | ||
| Q2 24 | $-15.6M | $-26.8M | ||
| Q1 24 | $-57.9M | $-43.3M |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | -1.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -26.7% | ||
| Q4 24 | — | -14.2% | ||
| Q3 24 | — | -45.4% | ||
| Q2 24 | — | -58.8% | ||
| Q1 24 | — | -79.5% |
| Q4 25 | — | -131.1% | ||
| Q3 25 | — | -113.6% | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | — | -153.5% | ||
| Q4 24 | -119.0% | -80.1% | ||
| Q3 24 | — | -131.0% | ||
| Q2 24 | -124.7% | -172.7% | ||
| Q1 24 | -448.8% | -197.4% |
| Q4 25 | 124.0% | -120.8% | ||
| Q3 25 | 122.5% | -65.7% | ||
| Q2 25 | 23.4% | — | ||
| Q1 25 | 127.4% | -11.2% | ||
| Q4 24 | -117.5% | -783.2% | ||
| Q3 24 | 211.7% | -125.9% | ||
| Q2 24 | -81.9% | -119.2% | ||
| Q1 24 | -324.1% | -244.1% |
| Q4 25 | $0.45 | $-0.13 | ||
| Q3 25 | $0.36 | $-0.06 | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $0.33 | $-0.01 | ||
| Q4 24 | $-0.46 | $-1.17 | ||
| Q3 24 | $0.36 | $-0.15 | ||
| Q2 24 | $-0.29 | $-0.13 | ||
| Q1 24 | $-0.75 | $-0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $237.9M |
| Total DebtLower is stronger | $735.8M | — |
| Stockholders' EquityBook value | $1.4B | $274.8M |
| Total Assets | $12.6B | $336.8M |
| Debt / EquityLower = less leverage | 0.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $237.9M | ||
| Q3 25 | $185.3M | $269.8M | ||
| Q2 25 | $160.4M | — | ||
| Q1 25 | $177.1M | $301.3M | ||
| Q4 24 | $167.4M | $114.0M | ||
| Q3 24 | $195.1M | $132.0M | ||
| Q2 24 | $235.5M | $154.2M | ||
| Q1 24 | $226.9M | $183.8M |
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | — | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | — | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $1.4B | $274.8M | ||
| Q3 25 | $1.4B | $302.2M | ||
| Q2 25 | $1.4B | — | ||
| Q1 25 | $1.4B | $339.6M | ||
| Q4 24 | $1.4B | $-63.1M | ||
| Q3 24 | $1.4B | $166.1M | ||
| Q2 24 | $1.4B | $192.7M | ||
| Q1 24 | $1.5B | $210.7M |
| Q4 25 | $12.6B | $336.8M | ||
| Q3 25 | $12.4B | $367.2M | ||
| Q2 25 | $10.6B | — | ||
| Q1 25 | $10.0B | $391.1M | ||
| Q4 24 | $9.2B | $195.3M | ||
| Q3 24 | $8.9B | $217.2M | ||
| Q2 24 | $8.2B | $243.2M | ||
| Q1 24 | $7.4B | $263.0M |
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | — | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $-29.4M |
| Free Cash FlowOCF − Capex | $125.9M | $-31.7M |
| FCF MarginFCF / Revenue | 291.6% | -117.2% |
| Capex IntensityCapex / Revenue | 18.9% | 8.5% |
| Cash ConversionOCF / Net Profit | 2.50× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $-29.4M | ||
| Q3 25 | $6.9M | $-10.6M | ||
| Q2 25 | $39.2M | — | ||
| Q1 25 | $25.8M | $-14.5M | ||
| Q4 24 | $14.1M | $-12.4M | ||
| Q3 24 | $-922.0K | $-19.1M | ||
| Q2 24 | $-993.0K | $-21.7M | ||
| Q1 24 | $-13.1M | $-33.9M |
| Q4 25 | $125.9M | $-31.7M | ||
| Q3 25 | — | $-12.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | $-10.6M | $-12.4M | ||
| Q3 24 | $-8.6M | $-19.9M | ||
| Q2 24 | $-8.6M | $-23.1M | ||
| Q1 24 | $-19.1M | $-34.3M |
| Q4 25 | 291.6% | -117.2% | ||
| Q3 25 | — | -48.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -61.7% | ||
| Q4 24 | -39.6% | -40.9% | ||
| Q3 24 | -42.3% | -79.5% | ||
| Q2 24 | -44.9% | -102.8% | ||
| Q1 24 | -107.0% | -193.3% |
| Q4 25 | 18.9% | 8.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 92.3% | 0.1% | ||
| Q3 24 | 37.7% | 3.4% | ||
| Q2 24 | 39.7% | 6.1% | ||
| Q1 24 | 33.5% | 2.4% |
| Q4 25 | 2.50× | — | ||
| Q3 25 | 0.15× | — | ||
| Q2 25 | 4.59× | — | ||
| Q1 25 | 0.61× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -0.02× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
