Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter.

Dare Obasanjo🐀@Carnage4Life

2 years ago

Trump Media financial results • Market cap $5 billion. • Q2 revenue $837,000. • Quarterly loss -$16.4 million. This isn’t just a meme stock, there are crypto shitcoins with better financials. https://t.co/nat6C0iUFy

Trump Media, Truth Social's parent company that has a ~$5B market cap, reports Q2 revenue down 30% YoY to $837K; Trump owns 59.9% of Trump Media's common stock (@evadou / Washington Post) https://t.co/7yWC8Pspbj https://t.co/PbC3ceDlem