Trump Media reports $400 million in 2024 losses
Trump Media reports $400 million in 2024 losses
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Trump Media reports $400 million in 2024 losses
KEY POINTS
- Trump Media & Technology Group reported a $400.9 million net loss for the full year.
- The company claimed it had to pay legal fees stemming from obstruction at the Biden-era Securities and Exchange Commission, and a revenue-sharing agreement negatively impacted revenue.