Trump Media Reports A Whopping Profit
Trump Media & Technology Group has realized a Q3 profit of $409.87 million -- up from a $54.8 million loss in the same period last year, The Wall Street
Journal reports. Revenue totaled $3 million, versus $1 million in the prior year. Roughly $1.8 million of Q3 revenue came from media division subscriptions, including the Truth+ streaming
platform and Truth API -- a service that provides instant access to Trump's posts in social media. The financial statement precedes the firm’s $6 billion merger with TAE, expected to close in
Q4.