, said in a regulatory filing that it lost $58.2 million last year. It took in a total of $4.1 million in revenue, mostly from advertising sales.
If that were true, however, you wouldn’t expect the shares to decline following the disclosure of financial information. It’s not as ifworsened perceptibly on Monday compared to last week. Nothing over the weekend would appear to have convinced investors to reduce their alleged “in kind donations” to Trump’s cause.Trump Media will have to grow
No one is buying shares of Trump Media because they expect the company to be moderate when it comes to its sense of purpose. Investors very likely want the management ofOn that score, the company went in the wrong direction last year. In the first nine months of the year, it reportedly lost $49 million. That’s around a $5.4 million loss per month.
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