Rumble's losses widened in the third quarter despite posting higher revenue boosted by political content leading up to the election.
The video-sharing platform and cloud-services provider on Tuesday posted a net loss of $31.5 million, or 15 cents a share, compared with a loss of $29 million, or 14 cents a share, a year earlier.
Revenue rose to $25.1 million from $18 million in the same quarter last year, boosted by higher advertising and subscription revenue.
Shares fell 11.3%, to $6.06, in after-hours trading.
The company's average global monthly active user base increased to 67 million in the third quarter from 53 million in the second quarter, which the company attributed to a rise in interest in political content. Of these users, 43 million were based in the U.S. and Canada.
Average revenue per user fell to 33 cents from 37 cents sequentially.
"Given that we are currently in the early stages of monetizing our user base, we expect to see some lag in revenue relative to users, particularly during periods of high user growth," the company said.
The company guided for revenue growth throughout the remainder of the year, with Chief Executive Chris Pavlovski adding that the company broke its own streaming records on election night.
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