earnings
confidence high
sentiment neutral
materiality 0.70
Trump Media Q1 cash at $759M; GAAP net loss $31.7M; expands into FinTech
Trump Media & Technology Group Corp.
2025-Q1 EPS reported
-$0.14
revenue$821,200
- Ended Q1 with $759.0M cash/investments; operating cash outflow $9.7M including $10.9M legal fees.
- GAAP net loss $31.7M, operating loss $39.5M; revenue + interest income $8.8M; non-cash expenses $19.6M.
- Launched Truth.Fi fintech brand; aims to invest up to $250M with Charles Schwab; partnering for ETFs and SMAs.
- Preparing Truth+ subscription service with premium content; eyeing further M&A expansion.
- Shareholder approved reincorporation to Florida effective April 30; also listed on NYSE Texas.