Trump Media & Technology Company Financial Performance

SOURCE www.breitbart.com
Trump Media & Technology Company, the parent company of Truth Social, reported a loss of $58.2 million last year, disappointing investors who were expecting more losses. The company needs to focus on growing its user base and increasing revenue to justify its valuation.

Key Points

  • Company reported a loss of $58.2 million last year.
  • Investors were disappointed with the company not losing more money.
  • Focus needed on increasing user base and revenue to justify valuation.

Pros

  • Potential for growth in user base and revenue.

Cons

  • Disappointing financial performance compared to expectations.