Trump Media says it lost more than $400 million in 2024
Trump Media says it lost more than $400M last year
The parent company of President Donald Trump’s social networking site Truth Social says it lost $400.9 million last year and its annual revenue declined 12% to $3.6 million. Trump Media & Technology Group reported its earnings late Friday, blaming the losses in part on a revenue-sharing agreement with an undisclosed advertising partner.
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Revenue slipped more than 12% to $3.6 million while its annual loss swelled more than six-fold.
Trump Media & Technology Group this week gave its directors blocks of shares currently worth just over $825,000 – including to Kash Patel and Linda McMahon, two of President Donald Trump’s key ...
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The company also reported a 12 percent decline in annual revenue to $3.6 million, which it blamed on an unnamed advertising partner ...
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