Trump Media's Losses Spiked Last Year On $3.6 Million In Sales
1. Trump Media reported a $401 million net loss for 2024. 2. Losses increased significantly from $58 million in 2023 due to rising expenses. 3. The company holds $777 million in cash, improving its financial positioning. 4. Legal challenges from the SEC have increased operational costs for Trump Media. 5. Trump’s shares in the company have seen a nearly 11% decline this year.