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WahooMatt05

Joined: 08/30/2013 Posts: 26159
Likes: 48394


Sounds like an amazing business. Buy now!


Trump Media booked $3.7 million in revenue in the first nine months of 2023 and "expects to incur significant losses into the foreseeable future," according to a regulatory filing. Unless it can rapidly boost its revenue or turn a profit, it could have difficulty maintaining its lofty valuation, experts said.

"Given the fact that their sales last year were less than $5 million, and they're losing significant money, it is hard to believe that the long-term economic value of this company could even be as high as $100 million," Kraemer said. "So talking about billions is absolutely ridiculous from an economic standpoint."
[Post edited by WahooMatt05 at 03/22/2024 1:25PM]

(In response to this post by Los Angeles Hoo)

Posted: 03/22/2024 at 1:21PM



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Current Thread:
  I just did a quick perusal of the 10K for DWAC. -- BocaHoo91 03/22/2024 2:12PM
  We all want the Social Truth. ** -- ryno hoo 03/22/2024 1:29PM
  Sounds like an amazing business. Buy now! -- WahooMatt05 03/22/2024 1:21PM
  Stock ticker is “DJT”. 🤣🤣🤣🤣🤣 ** -- Los Angeles Hoo 03/22/2024 1:28PM
  Yes -- WaxHoo 03/22/2024 2:23PM

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