New York (AP) – the parent company of the Society of President Donald Trump network web site truth socially He says he lost $ 400.9 million last year and her annual revenue decreased by $ 12% to $ 3.6 million.
Trump Media & Technology Group reported his earnings Late on Friday, partly blaming the losses on the agreement on the division of income with undiscovered advertising.
After the victory US Presidential Election in November, Trump in December conveyed all its shares – It is worth about $ 4 billion on paper – as a “Bona Fide Dar” by Donald J. Trump recalling confidence. Trump’s shares amounted to more than half of the company’s shares.
Donald Trump JR
Trump created the truth social after banning him from Twitter and Facebook after January 6, 2021, Capitol Riot.
Listing his “early development phase”, the home company based in Sarasoti, Florida, said she did not report “traditional key performance indicators” used by other social media companies, such as how many people have applied for a service, use it daily or per month or see his ads.
Trump media He is traded publicly Last March later Connecting with a shell Called Digital World Acquition Corp., an example of what is called special purpose companies, or SPAC, which can provide young companies faster and lighter for public shares trading routes.
