Truth Social going public net Trump estimated 2 to 4 BILLION

[Luvnit2]

(04-01-2024, 01:12 PM)pally Wrote: Truth Social released its first financial reports today....

In 2023 they generated $4.1 million in revenue with only $750,000 in the 4th QTR which means business is getting worse

They LOST  $58 MILLION

Any financial experts want to explain how this company is worth $4-6 billion?

I suggest you post the financials you have referenced, then I suggest you educate your yourself on stock and IPO values. 

You are assuming investors are stupid, they are not. They are way smarter than you and me. 

I know you could care less about any other stock but are fixated due to TDS on this one. It is worth more than 4-6 billion, Trump only 58% and has an estimated value of $4.1 billion, so closer to 7.3 billion. 

You also don't do any research on the SEC and use Democratic talking points. Trump did not prepare or release this company's financials. He is shareholder of the company; he is not the company.