Trump Media & Technology Group reports a net loss of $20 million in Q2

Description

Trump Media & Technology Group (TMTG), the parent company of Truth Social, has shared its Q2 2025 financial results, and it boasted an increase in net sales for the second quarter but also an increase in net loss according to its 10-Q filing with the SEC. TMTG’s net sales this past quarter were $883,300, a value that reflects a 5.5% increase year-over-year, while the net loss was $20 million, a couple of figures higher than the $16.4 million it recorded the same quarter a year ago. TMTG’s assets...