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+--- Thread: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million (/showthread.php?tid=287292)
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Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - hal - 05-20-2024
https://variety.com/2024/digital/news/trump-truth-social-media-q1-2024-revenue-net-loss-1236010937/
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.
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - Speedy - 05-20-2024
I guess this means the stock rose another 5%.
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - wave rider - 05-20-2024
Ouch! :emoticon-tv-015:
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - hal - 05-20-2024
every dollar spent generates a $500,000 loss - that takes talent!
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - jonny - 05-20-2024
Speedy wrote:
I guess this means the stock rose another 5%.
Not quite, but might as well have. Down 2.
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - special - 05-20-2024
hal wrote:
every dollar spent generates a $500,000 loss - that takes talent!
Only the best.
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - GGD - 05-21-2024
hal wrote:
every dollar spent generates a $500,000 loss - that takes talent!
Sorry, they're only losing $425.18 per $1 in revenue, they would have to lose $385.3 BILLION to get your figure.
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - special - 05-21-2024
GGD wrote:
[quote=hal]
every dollar spent generates a $500,000 loss - that takes talent!
Sorry, they're only losing $425.18 per $1 in revenue, they would have to lose $385.3 BILLION to get your figure.
It's only a matter of time
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - sekker - 05-21-2024
And yet the company is still officially valued at $6B.
'There's a sucker born every minute.' PT Barnum
Re: Trump’s Social Media Company Posts Q1 Revenue of $770,500 and Net Loss of $327.6 Million - special - 05-21-2024
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