Trump Media & Technology Group, owner of Truth Social, reported a staggering net loss of $327.6 million in the first quarter of 2024, with total revenue of just $770,500. The company, with a market cap of $6 billion, faced criticism for its financial performance.
Trump Media revenue shenanigans $DJT https://t.co/Dctde6F7c6
$DJT defies the laws of finance... ▪ Net loss of $327.6 million in Q1 2024 ▪ Revenue of $770,500 in Q1 2024 ▪ $7.96 billion market cap This company doesn't make sense or cents https://t.co/aufU54ZGqW
It blows my mind that Trump Media and Technology group is a company with a shrinking user base and declining revenues (now only at $770K) that is valued at over $6 Billion dollars. High valuations for unprofitable tech companies that are rapidly expanding their usebase make…
$DJT in full Madoff mode. https://t.co/cpOrKOK1Qt
So wild that Trump Media which operates Truth Social has a market cap of $6B on barely $3M/yr of revenue and a user base of 110K
Trump Media and Technology Group had earnings of $770,500 and a net loss of $327.6 million in the first quarter of this year ending in March. | @jameslynch32 https://t.co/U7n0MUJ6KN
The parent company of the former president's social media network, Truth Social, posted the loss in its first quarterly financial report as a publicly traded operation. https://t.co/XagyBwHKTZ
Trump’s Net Worth Drops $400,000 After Media Company Reports Millions In Losses https://t.co/xwDKwJVzcS https://t.co/Pyljvd1hkX
Trump Media & Technology Group, which runs former President Donald Trump's Truth Social, on Monday reported a first-quarter operating loss of $12.1 million, way more than the $3.6 million of last year. https://t.co/PBQk3YzX3f
Trump Media & Technology Group, which runs former President Donald Trump's Truth Social, on Monday reported a first-quarter operating loss of $12.1 million, way more than the $3.6 million of last year. The stock cratered 10% early Tuesday. https://t.co/U5wRtdeyIi
Trump’s Truth Social parent loses millions in first quarter; stock flops https://t.co/FzQ5c0pICq
Trump’s Truth Social company lost more than $300 million in its first quarter as a public company. https://t.co/mQDVSoEamT
From red hats to red ink—Trump Media lost $328 million in the first quarter of 2024 https://t.co/hGSJQj54ys
From red hats to red ink—Trump Media lost $328 million dollars in the first quarter of 2024 https://t.co/hGSJQj54ys
Truth Social Parent Company Suffers Over $320 Million Loss In 1st Quarter Of The Year https://t.co/dr9DcMsins
Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, $DJT, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million, per Variety.
Shares of Trump Media fall more than 10%, a day after the Truth Social app owner reported a net loss of $327.6 million on just $770,500 in revenue in the first quarter of 2024. https://t.co/4o5Ks6JN7Q
President Trump's wealth is now heavily tied to Trump Media, the operator of Truth Social. A significant portion of his fortune is at stake as a result. #TrumpMedia #TruthSocial
Trump Media stock falls 10% after posting $327.6 million loss in first quarter https://t.co/jjowYG8h9u
Trump social-media stock ‘DJT’ on track for fifth straight loss https://t.co/hSZ6m6RmI4
$DJT is a total joke, typical SPAC shitco https://t.co/6FwfJqY9Lp
That’s impressive. $0.7 million revenue but $327 million loss. How do you do that? https://t.co/0Fp7TrCv1R
Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million. I wonder if the avg Chipotle storefront had more revenue last qtr ($770k) than all of Truth Social.
DJT Earnings Report Shows Loss. The Stock Still Rises. https://t.co/YYqdATzSze
Trump media stock up after company reports $300 million loss https://t.co/QIHCtYxEzY
Parent company of Trump's Truth Social posts $328 million loss. TMTG, which recently went public, posted a net loss of $327.6 million from January to March, compared with $210,300 in net losses for the same period last year https://t.co/Om49z0bkKU https://t.co/dLcTFpIeCc
Trump Media had less than $1 million in revenue during the first quarter https://t.co/kgLfKMIF3Z
Trump Media lost $327 million last quarter. It's still valued at more than $6 billion. https://t.co/MYemVaQrRn
Trumps social media company did just $770,000 in revenue last quarter. Says they plan to launch a streaming media platform. Just changed auditors. Market cap $6.6 billion For context, Snapchat did $1.2 billion in quarterly sales. 15,500% more than $DJT. $SNAP market cap is… https://t.co/D7RDltJC8T
Trump Media and Technology Group, the owner of former President Donald Trump's social networking site Truth Social, lost more than $300 million last quarter, according to its first earnings report as a publicly traded company. https://t.co/f9WGhqqS53
Trump Media and Technology Group posts over $300M net loss in first public quarter https://t.co/EgTv36izEp
Trump Media & Technology Group announces a loss of over $300 million in its first earnings report as a public company. The company is focusing on product development in the midst of financial challenges. $DJT
$DJT DOES $770K IN REVENUE FOR Q1 LOST $327M MARKET CAP IS $6B Trump owns 60% of the company https://t.co/HXsLC0UWpD
Trump Media $DJT reported a net loss of $327 million in the first quarter along with revenue of $770,500. The company is currently valued at $6.6 Billion 🤔 https://t.co/Ov9YPvxZm5
Trump Media & Technology Group, owner of Truth Social, reportedly experienced over $300 million in losses in its first earnings report since going public. $DJT
Trump Media and Technology Group posts more than $300 million net loss in first public quarter https://t.co/LyBfhxDxIB
Parent company of Trump’s Truth Social posts $328 mln loss https://t.co/SLlwXe5R9U
Trump Media and Technology Group lost more than $300 million in first public quarter https://t.co/nkueyXmiOz
Trump's Truth Social loses $328 million in the first quarter https://t.co/5pkeRxw19i
Trump Media and Technology Group, the owner of former President Donald Trump's social networking site Truth Social, lost more than $300 million last quarter, according to its earnings report. A year earlier, Trump Media posted a loss of $210,300. https://t.co/STTQ9oSNea
Trump's Truth Social Media Company Lost Nearly $330 Million Last Quarter, On Track to Lose More Than $1 Billion By End of Year https://t.co/hQcQ8kjYpW
Trump's media firm reports earning $770,000 in Q1 but facing significant losses as ad revenue is down from last year. #TrumpMediaFirm #AdRevenueLosses
Trump Media & Technology Group, a startup majority-owned by former President Trump that is valued at nearly $7 billion after going public, said it booked $770,500 in revenue during the first quarter, down from $1.1 million during the year-ago period. https://t.co/MluBDugDPD
How bad is Truth Social? Truth Social only has 113,000 users, but has 621,000 shareholders, most of whom are are retail investors. That means MAGA is more willing to throw their money away buying the stock than they are to actually use that terrible app for free.
Trump Media disclosed a net loss of $327.6 million in the first quarter of the year, with total revenue at $770,500, according to its earnings report. https://t.co/BM5nzugMh8
Truth Social parent Trump Media & Technology posts $327M loss on little revenue https://t.co/zVZ1nqvBrF https://t.co/PWMmh6Ozwl
Former President's media company reports $770,000 in Q1 ad revenue, reflecting a substantial decrease from previous year. Large losses reported. #media #revenue #business.
- Truth Social has only 113,000 daily users = Terrible. - Trump Media Group (DJT) only had $770,500 in Q1 revenue =Terrible. - DJT has a market cap of $6.6 Billion. 🤔 - "A vast majority of the company's 621,000 shareholders are retail investors". That explains it. Suckers.
$DJT The company reported Q1 revenue of $770,500 (that's $770 thousand, not million or billion), which is down 31% Y/Y. If you are wondering about users, ARPU, or any other similar KPIs reported by everyone else in the industry, you're out of luck as DJT doesn't collect that…
Trump Media, where did those revenues go? https://t.co/XECNPe4Rt6
So Trump’s social media platform $DJT is on pace for annual revenues of just $3M…in a contentious election year…?! If not now, when?
Trump Media reported a loss of $327 million last quarter. The company that owns Truth Social generated just $770,500 in revenue—the second straight quarter it earned less than $1 million. It also experienced a year-over-year loss in daily users in April. https://t.co/rTBwPuNuY6
Trump Media posts more than $300 million net loss in first public quarter https://t.co/DM9xAuTRHs
DJT: Trump Media reports $771,000 revenue for first quarter, net loss of $327.6 million https://t.co/jBbAw7mwtm
Trump’s social media company is on pace to lose $1.3 billion this year on revenue slightly less than one (1) late-career Elton John concert https://t.co/XnK7Lj5DZ1 https://t.co/vK9EGQf0M7
$DJT is on a run-rate of 6% of its internal projections from last year that called for $17.5 million in 2024 revenue Also of note, the work 'naked' nowhere to be found in 10-Q https://t.co/YPNUiPobH9 https://t.co/BYQDEkzVk0
Truth Social is a giant scam. It it is worthless. The stock price is being propped up. It will collapse. Devoted MAGA folks will be the ones left holding the bag. https://t.co/UdnzhpKWVY
NEW Trump Media and Technology Group, the company affiliated with former U.S. president Donald Trump that operates Truth Social, reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. https://t.co/c2sqHuDB0r
The crazy loss, of course, is due to the SPAC — haven’t dug into details but pretty “standard” after such a transaction. Better to focus on the real problem: $770k in revenue. For a public company. https://t.co/SClUsqVO0F
Trump Media: Q1 Revenue of $770,500 (!!) and Net Loss of $327.6 Million https://t.co/6l7oKPI93D
Trump Media had less than $1 million in revenue during the first quarter… $DJT 🏆 https://t.co/bZ3Reo6FtD
Donald Trump's social media company Trump Media and Technology Group (which is behind Truth Social) reported $770,500 in revenue for the first quarter of 2024 and a net loss of $327.6 million. https://t.co/uH7lmj6bGU
Trump Media made less than $1 million in revenue during the first quarter https://t.co/0uTuk8X4gc
Truth Social made $770,500. They lost $327.6 Million. All in one quarter. Donald Trump is, and will always be, a loser.
Donald Trump’s social media platform ‘Truth Social’ has reportedly lost $327 million this quarter https://t.co/4JJk77nasB
This is the Trump Casino of social media companies. https://t.co/y81DXYR17r
Trump Media Posts Steep Loss on Little Revenue https://t.co/DqvjEJKuOg
Truth Social's parent company, the Trump Media and Technology Group, reports $771K in Q1 revenue, a net loss of $327.6M, and an operating loss of $12.1M (@xpangler / Variety) https://t.co/nXsP3NtOgv 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/PhWHuT0kQF
Truth Social's parent company, the Trump Media and Technology Group, reports $771K in Q1 revenue, a net loss of $327.6M, and an operating loss of $12.1M (@xpangler / Variety) https://t.co/7l6yS9T5bh https://t.co/rdh74GDYNd
When you lose $327.6 million *in a quarter* on revenue of just $770,500 and have a magical, mystical market cap of $6.6 billion you must be Trump Media — owner of Truth Social. https://t.co/uyYfbgDuWm
⚠️ TRUTH SOCIAL OWNER SEES WIDER LOSS IN THE FIRST QUARTER Full Story → https://t.co/RvrR7L1Pck https://t.co/raTi9p7Ozv
Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million https://t.co/uH7lmj6bGU
BREAKING Truth Social (aka Trump Media & Technology Group Corp) lost $328 million in the first quarter of 2024 Total revenue was $770,500 THIS COMPANY HAS A MARKET CAP OF $6 BILLION
$DJT "earnings" out 💩 https://t.co/fakt5ChxJI
*TRUMP MEDIA & TECHNOLOGY 1Q NET LOSS $327.6M