U.S. President Donald Trump signed an executive order inside the White House Oval Office in Washington, DC on February 14, 2025, the Secretary of the Interior, the Orders established an energy steering committee inside the Oval Office. President Trump signed a second executive order deducting federal funds from schools and universities that impose a Covid-19 vaccine mandate.
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Trump Media & Technology Group Stocks fell about 1% in extended trading on Friday after Truth Society Operator released its 2024 results.
This is how the company executes:
- income: Loss of $2.36 per share
- income: $3.6 million
The company’s revenue increased by 12% year-on-year. annual report. The company’s net loss has expanded to $400.9 million from $58.2 million in 2023.
Trump Media First appearance In March last year, the merger with the acquisition company with the Digital World was completed under the leadership of Nasdaq Stock “DJT”. The stock has nearly doubled its value in 2024, with its eponymous Donald Trump winning the U.S. presidential election in November. The stock has fallen about 11% so far as Friday’s closing, bringing its market cap to $6.59 billion.
Trump media related legal fees due to merger, according to obstacles from former President Biden’s Securities and Exchange Commission statement. Changes to revenue sharing agreements with advertising partners result in lower sales. “In addition, revenues vary when we selectively test a freshman advertising program on our truth social platform,” the company said in its annual report.
Different Yuan Trump Media Management and other social media companies say they do not believe in using traditional metrics such as the number of active users or the average revenue per user in their submissions. Doing so “could shift its focus from strategic assessments to the progress and growth aspects of its business,” the document said.
In the fourth quarter, Trump media Announce Truth + Availability of Video Streaming Services on Android, iOS and the Web.
The company has not held a revenue call since the merger.
As of Friday, President Trump was the only beneficiary of the trust owning 52% of the company’s shares.
Trump has posted about the Truth Society, and he has 8.9 million followers. Tesla CEO Elon Musk Always helping Trump’s administration’s Ministry of Efficiency, Trump has 100.9 million followers.
Trump Media now has $776.8 million in cash, cash equivalent and short-term investments, with $9.6 million in debt.
Chairman and CEO Devin Nunes, we will continue to explore opportunities to evolve with other subsidiaries into holding companies with subsidiaries,” said Devin Nunes, Chairman and CEO. Nunes said in a statement.
watch: Trump Media Expands to Financial Services, Including Allocation to Cryptocurrency: CNBC Crypto World
