Denny Vrandečić on Nostr: "In a regulatory filing on Monday, Trump Media said it lost $58.2 million in 2023, ...
"In a regulatory filing on Monday, Trump Media said it lost $58.2 million in 2023, compared with a profit of $50.5 million in 2022.
The Truth Social owner generated just $4.1 million in revenue, although that was up from $1.5 million in 2022.”
Honest question: how do you have $50M profit on $1.5M revenue? I seem to misunderstand the terms.
https://amp.cnn.com/cnn/2024/04/01/media/truth-social-trump-media-stock-losses
The Truth Social owner generated just $4.1 million in revenue, although that was up from $1.5 million in 2022.”
Honest question: how do you have $50M profit on $1.5M revenue? I seem to misunderstand the terms.
https://amp.cnn.com/cnn/2024/04/01/media/truth-social-trump-media-stock-losses