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Wednesday, 03/09/2022 11:49:35 AM

Wednesday, March 09, 2022 11:49:35 AM

Post# of 4471
Got this off of a post on Yahoo, agreed.

Based on revenue per user data from YouTube and Facebook, some analyst now predict Rumble will average $20 per user per year in advertising revenue, multiplied by 39M users in January, this results in $780M annual revenue. Companies that are relatively new in a growth industry are often valued off of their revenue and not their earnings. Revenue-based valuations are assessed using the price/sales ratio, or PSR. The formula for that is (38 million shares outstanding x 12.77 current price / $780 million in revenue = .62 PSR). Companies with PSRs below 1.0 are considered value stocks. Based on current price and predicted near term revenue, CFVI/Rumble is a value stock. This is the year for value stocks. Even at $20 a share, the PSR would be .97 still a value. And that is if the number of users stay the same. But as the number of users grow exponentially, so will advertising revenue. Synopsis: This should be at least a $20 stock right now. And the stock price will continue to rise as the number of users increase. Looking forward to February user numbers.
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