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Side-by-side financial comparison of Net Lease Office Properties (NLOP) and Rumble Inc. (RUM). Click either name above to swap in a different company.
Net Lease Office Properties is the larger business by last-quarter revenue ($30.7M vs $27.1M, roughly 1.1× Rumble Inc.). Net Lease Office Properties runs the higher net margin — -0.2% vs -120.8%, a 120.6% gap on every dollar of revenue. On growth, Net Lease Office Properties posted the faster year-over-year revenue change (10.9% vs -10.5%). Over the past eight quarters, Rumble Inc.'s revenue compounded faster (15.2% CAGR vs -16.4%).
Net Lease Office Properties is a real estate investment entity focused on acquiring, owning, and operating high-quality single-tenant net lease office assets, primarily located across the United States. It delivers stable, long-term income streams to investors through its curated portfolio of commercial real estate holdings.
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".
NLOP vs RUM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $30.7M | $27.1M |
| Net Profit | $-53.0K | $-32.7M |
| Gross Margin | — | 5.5% |
| Operating Margin | -0.2% | -131.1% |
| Net Margin | -0.2% | -120.8% |
| Revenue YoY | 10.9% | -10.5% |
| Net Profit YoY | 99.9% | 86.2% |
| EPS (diluted) | $-0.01 | $-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 | $30.7M | $27.1M | ||
| Q3 25 | $29.8M | $24.8M | ||
| Q2 25 | $29.2M | — | ||
| Q1 25 | $29.2M | $23.7M | ||
| Q4 24 | $27.7M | $30.2M | ||
| Q3 24 | $31.5M | $25.1M | ||
| Q2 24 | $39.0M | $22.5M | ||
| Q1 24 | $44.0M | $17.7M |
| Q4 25 | $-53.0K | $-32.7M | ||
| Q3 25 | $-64.2M | $-16.3M | ||
| Q2 25 | $-81.5M | — | ||
| Q1 25 | $492.0K | $-2.7M | ||
| Q4 24 | $-35.8M | $-236.8M | ||
| Q3 24 | $-40.3M | $-31.5M | ||
| Q2 24 | $12.5M | $-26.8M | ||
| Q1 24 | $-27.8M | $-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 | -0.2% | -131.1% | ||
| Q3 25 | -215.2% | -113.6% | ||
| Q2 25 | -279.1% | — | ||
| Q1 25 | 2.0% | -153.5% | ||
| Q4 24 | -140.7% | -80.1% | ||
| Q3 24 | -126.4% | -131.0% | ||
| Q2 24 | 32.3% | -172.7% | ||
| Q1 24 | -62.7% | -197.4% |
| Q4 25 | -0.2% | -120.8% | ||
| Q3 25 | -215.4% | -65.7% | ||
| Q2 25 | -279.5% | — | ||
| Q1 25 | 1.7% | -11.2% | ||
| Q4 24 | -129.0% | -783.2% | ||
| Q3 24 | -128.0% | -125.9% | ||
| Q2 24 | 31.9% | -119.2% | ||
| Q1 24 | -63.3% | -244.1% |
| Q4 25 | $-0.01 | $-0.13 | ||
| Q3 25 | $-4.33 | $-0.06 | ||
| Q2 25 | $-5.50 | — | ||
| Q1 25 | $0.03 | $-0.01 | ||
| Q4 24 | $-2.41 | $-1.17 | ||
| Q3 24 | $-2.73 | $-0.15 | ||
| Q2 24 | $0.84 | $-0.13 | ||
| Q1 24 | $-1.88 | $-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 | $119.6M | $237.9M |
| Total DebtLower is stronger | $21.9M | — |
| Stockholders' EquityBook value | $293.9M | $274.8M |
| Total Assets | $453.4M | $336.8M |
| Debt / EquityLower = less leverage | 0.07× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $119.6M | $237.9M | ||
| Q3 25 | $38.7M | $269.8M | ||
| Q2 25 | $54.1M | — | ||
| Q1 25 | $28.2M | $301.3M | ||
| Q4 24 | $25.1M | $114.0M | ||
| Q3 24 | $36.1M | $132.0M | ||
| Q2 24 | $36.1M | $154.2M | ||
| Q1 24 | $39.8M | $183.8M |
| Q4 25 | $21.9M | — | ||
| Q3 25 | $47.1M | — | ||
| Q2 25 | $117.2M | — | ||
| Q1 25 | $148.5M | — | ||
| Q4 24 | $169.2M | — | ||
| Q3 24 | $239.4M | — | ||
| Q2 24 | $327.4M | — | ||
| Q1 24 | $515.2M | — |
| Q4 25 | $293.9M | $274.8M | ||
| Q3 25 | $430.3M | $302.2M | ||
| Q2 25 | $500.0M | — | ||
| Q1 25 | $582.1M | $339.6M | ||
| Q4 24 | $581.2M | $-63.1M | ||
| Q3 24 | $621.9M | $166.1M | ||
| Q2 24 | $660.3M | $192.7M | ||
| Q1 24 | $647.2M | $210.7M |
| Q4 25 | $453.4M | $336.8M | ||
| Q3 25 | $522.6M | $367.2M | ||
| Q2 25 | $668.7M | — | ||
| Q1 25 | $784.1M | $391.1M | ||
| Q4 24 | $805.1M | $195.3M | ||
| Q3 24 | $919.9M | $217.2M | ||
| Q2 24 | $1.0B | $243.2M | ||
| Q1 24 | $1.2B | $263.0M |
| Q4 25 | 0.07× | — | ||
| Q3 25 | 0.11× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.26× | — | ||
| Q4 24 | 0.29× | — | ||
| Q3 24 | 0.38× | — | ||
| Q2 24 | 0.50× | — | ||
| Q1 24 | 0.80× | — |
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 | $64.1M | $-29.4M |
| Free Cash FlowOCF − Capex | — | $-31.7M |
| FCF MarginFCF / Revenue | — | -117.2% |
| Capex IntensityCapex / Revenue | — | 8.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-70.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.1M | $-29.4M | ||
| Q3 25 | $16.3M | $-10.6M | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | $14.1M | $-14.5M | ||
| Q4 24 | $71.9M | $-12.4M | ||
| Q3 24 | $20.3M | $-19.1M | ||
| Q2 24 | $14.7M | $-21.7M | ||
| Q1 24 | $26.4M | $-33.9M |
| Q4 25 | — | $-31.7M | ||
| Q3 25 | — | $-12.0M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $-14.6M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-19.9M | ||
| Q2 24 | — | $-23.1M | ||
| Q1 24 | — | $-34.3M |
| Q4 25 | — | -117.2% | ||
| Q3 25 | — | -48.6% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -61.7% | ||
| Q4 24 | — | -40.9% | ||
| Q3 24 | — | -79.5% | ||
| Q2 24 | — | -102.8% | ||
| Q1 24 | — | -193.3% |
| Q4 25 | — | 8.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | — | 3.4% | ||
| Q2 24 | — | 6.1% | ||
| Q1 24 | — | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 28.70× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.18× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NLOP
Segment breakdown not available.
RUM
| Audience Monetization | $23.8M | 88% |
| Other Initiatives | $3.3M | 12% |
