Truth Social
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The new audit confirmed total revenues for 2023 were $4.1MM.
Less than the average chik-fil-a restaurant.
@jon-nyc said in Truth Social:
The new audit confirmed total revenues for 2023 were $4.1MM.
Less than the average chik-fil-a restaurant.
And Truth Social is open on Sundays!
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Facebook revenues were $134B. Every 15 minutes or so Facebook took in as much as truth social did all year.
@jon-nyc said in Truth Social:
Facebook revenues were $134B. Every 15 minutes or so Facebook took in as much as truth social did all year.
Even The Failing New York Times manages $2.4B
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DJT keeps falling; near all-time low.
“Judge rules Trump Media breached stock contract with early investor”
https://www.cnbc.com/2024/09/17/djt-trump-media-stock-lawsuit-lockup.html“Trump's media stock falls before insider trading restrictions lift”
https://www.reuters.com/markets/us/trumps-media-stock-falls-before-insider-trading-restrictions-lift-2024-09-17/“DJT stock: Donald Trump’s stock falls near all-time low”
https://www.fastcompany.com/91192505/djt-stock-donald-trump-media-stock-falls-near-all-time-low-truth-social -
The parent company of President Donald Trump’s social networking site Truth Social says it lost $400.9 million last year and its annual revenue declined 12% to $3.6 million.
Trump Media & Technology Group reported its earnings late Friday, blaming the losses in part on a revenue-sharing agreement with an undisclosed advertising partner.
https://apnews.com/article/trump-media-truth-social-losses-c879294edc8d0297446a3a2f5499b8e3
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Donald Trump Jr. made $813,000 in 2024 as a director of Trump Media & Technology Group—roughly a quarter of the company’s annual revenue—despite attending just two of the board’s five meetings, according to a filing made with the Securities and Exchange Commission on Friday.
and
Trump Jr. has served on Trump Media’s board since at least May 2022, according to an SEC filing. He does not appear to have owned any shares until January 2025, but now holds 26,000 outright and, as the sole trustee of his father’s revocable trust, oversees a stake that gives him control of 52% of the company’s stock.
Trump Media lost $401 million in 2024, with revenue of $3.6 million.
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@jon-nyc said in Truth Social:
The average chik-fil-a manager makes 56k a year.
To make a serve in this thread, I am surprised it is that low.
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Could be. I looked and revenue per store is about USD$9MM/year. USD$9MM company with maybe 50 employees. I would think pay would be USD$100K. Of course, they are not making the same decision as someone running a "stand a lone" $9MM company, so maybe it is lower. LOL.
Just did more internet search and I think your number is closer to the truth.
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Thought experiment.
Imagine Biden had had a business that had 3.5MM in revenue and paid Adam Schiff 47MM.
Do you think the usual suspects would have all kinds of theories about how the Chinese or Soros or somebody was using this as a payola mechanism?