From CNBC: 2025-02-14 19:16:26

President Trump signed an executive order establishing the Energy Dominance Council and another withholding federal funding from schools with a COVID-19 vaccine mandate. Trump Media & Technology Group reported a loss of $2.36 per share and $3.6 million in revenue for 2024, with a net loss widening to $400.9 million from $58.2 million in 2023. The stock, listed as “DJT” on Nasdaq, was down 11% year to date with a market cap of $6.59 billion, citing merger-related legal fees and revenue-sharing changes as factors. Trump Media management does not use traditional metrics like active users or revenue per user, focusing on strategic evaluation. Truth+ video streaming service was launched on Android, iOS, and web, with Trump having 8.9 million followers on Truth Social and 100.9 million on X. The company holds $776.8 million in cash and $9.6 million in debt, looking to partner, merge, or acquire other entities as it evolves into a holding company spanning multiple industries.



Read more at CNBC:: Trump Media (DJT) earnings report 2024