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Trump Media & Technology Group Corp DJT

Trump Media & Technology Group Corp. (TMTG) is a social media and technology-focused company. The Company's product, Truth Social, is a social media platform where any user can create content, follow other users and engage in an open global conversation. The Company does not restrict whom a user can follow. Additionally, users can be followed by other users without requiring a reciprocal relationship, enhancing the ability of its users to reach a broad audience. Its brands consist of Truth Social, TMTG+, and TMTG News. TMTG is also engaged in operates a TV streaming platform, Truth+, across the entire Truth Social platform-iOS, Android, and the Web. The streaming service relies on TMTG's custom-built content delivery network (CDN), which operates through a newly opened data center as the Company works to bring additional data centers into operation. TMTG's streaming technology is powered through specially designed infrastructure with its own servers, routers, and software stack.


NDAQ:DJT - Post by User

Post by smallcinvestoron Nov 05, 2024 6:27pm
71 Views
Post# 36297862

WOW earned $1 million dollars.... what a cash machine

WOW earned $1 million dollars.... what a cash machineTMTG earned $1.0 million in revenue for the third quarter in addition to $4.7 million in interest income. At this stage of the Company’s development, its revenues largely comprise early-stage revenue tied to emerging advertising initiatives on the Truth Social platform and other advertising initiatives now being tested with various partners. By successfully creating the physical infrastructure and acquiring the technology to introduce TV streaming on numerous platforms, the Company believes it has laid the foundation for Truth+ to become a major driver of long-term earnings and shareholder value, and for TMTG to robustly expand its ecosystem beyond the social media component of the Truth Social platform.
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