Financial Loss

US Election 2024

Trump Media Reports $400 Million Loss, Raising Tax Evasion Concerns

On February 14, 2025, President Trump established the Energy Dominance Council and issued an executive order barring federal funding to schools with COVID-19 vaccine mandates. Trump Media & Technology Group (TMTG), operator of Truth Social, reported a net loss of $400.9 million for 2024, despite its stock nearly doubling in value following the presidential election. The company attributes the loss to merger-related legal fees and reduced advertising revenue. TMTG, which boasts significant cash reserves, plans to explore future mergers and acquisitions to diversify its holdings.

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John Q. Hosedrinker
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Trump Media stock falls 10% after posting $327.6 million loss in first quarter

Trump Media, the brainchild of former President Donald Trump, has been making headlines recently for all the wrong reasons. The company reported a staggering loss of $327.6 million in the first quarter of 2024, with only $770,500 in revenue. As a result, Trump Media’s stock dropped by more than 10%.

The numbers are mind-boggling – how can a company with such meager revenue incur such massive losses? The expenses seem disproportionate to any rational business model, leading to speculation about where the money is going. The fact that the losses are attributed to non-cash expenses only adds to the mystery surrounding the company’s financials.… Continue reading

John Q. Hosedrinker

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US Election 2024

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US Election 2024

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