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To: joesbucks

“a net loss of $58.2 million on revenue of just $4.1 million in 2023”

A net loss early in a companies history is not necessarily a bad thing.

But just $4.1 million total revenue for a year seems really low.


3 posted on 04/01/2024 12:40:20 PM PDT by JSM_Liberty
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To: JSM_Liberty

tmtg is in a good spot now that they just got $300m from the finalization of the merger and can move forward with their growth plan. the SEC delayed this merger for TWO YEARS longer than most other mergers which capped off anything they could do.


4 posted on 04/01/2024 12:45:20 PM PDT by spacejunkie2001
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To: JSM_Liberty

It’s apparently what they’re reporting.


8 posted on 04/01/2024 12:49:46 PM PDT by joesbucks (For 2,000 years Christians have been warning of the Anti-Christ. Now they buy Bibles from him. )
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To: JSM_Liberty

A whole year or only a partial year???


17 posted on 04/01/2024 1:02:47 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: JSM_Liberty

[“a net loss of $58.2 million on revenue of just $4.1 million in 2023”

A net loss early in a companies history is not necessarily a bad thing.

But just $4.1 million total revenue for a year seems really low.]


Social media is a great business for the top few players. Truth Social is not one of that number. Pinterest recorded $981m of sales in 1 quarter. Snapchat, another minnow, did $1.3b in sales for the most recent quarter. Only Pinterest is profitable, and this after widely-publicized expense cuts.


25 posted on 04/01/2024 1:18:39 PM PDT by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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