10:43 AM EDT, 03/25/2025 (MT Newswires) -- Rumble (RUM) said Tuesday that its fourth-quarter loss widened on a yearly basis even as revenue surged nearly 50%.

The video-sharing platform's per-share loss grew to $1.15 for the December quarter from $0.14 the year before. Two analysts polled by FactSet expected a loss of $0.11. The result reflected a $184.7 million fair value loss related to cryptocurrency firm Tether's $775 million investment in the company.

In December, Tether agreed to purchase about 103.3 million class A shares of Rumble at $7.50 apiece. The investment completed in February.

The company expects the capital raised from the Tether deal to enable further expansion, it said. "As I look ahead, with the Tether transaction now closed, I could not be more excited about the possibilities and the new era we are entering for Rumble," Chief Executive Chris Pavlovski said in an earnings release.

Revenue came in at $30.2 million for the fourth quarter, representing annual growth of 48%. Three analysts surveyed by FactSet estimated $29.7 million.

Rumble logged 68 million average global monthly active users in the fourth quarter, up from 67 million in the prior three-month period. About 52 million of the users were based in the US and Canada, advancing 21% from the third quarter.

For the current quarter, the company expects revenue to rise by at least 25% from the prior-year period. Three analysts' average estimate is $25.1 million.

The firm expects to achieve a breakeven point in terms of adjusted earnings before interest, taxes, depreciation and amortization in 2025. In 2024, adjusted EBITDA was negative $92.1 million, improving from negative $115.3 million in the year before.

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