Last week, #TrumpMedia reported sales of just over $4 million in 2023 as net losses reached nearly $60 million for the full year ending Dec. 31. The company warned it "expects losses to continue amid greater profitability challenges."
If #MAGA stooges think earning $4 million on top of LOSING $60 million is a "great business," then there's little wonder why they intend to vote for #Trump.
It's because they are stupid.
Based on its claims in '21 #TruthSocial / #DJT expected to generate $114M in sales in 2023. But the company recorded just $4.1M in net sales last year and lost $58.2M. 😳
So they hit about 3.5% of their target in sales for the year, while eating into their cash reserves to the tune of $54,100,000.
#Trump Media is losing a STAGGERING amount of money & is nowhere close to being a profitable company or meeting any growth projections. It's almost like Trump's not a great businessman. 🤔💸💸💸 #Oops🤷🏼♂️
If you are having difficulty understanding how abysmal $4.1M in annual sales is for #TruthSocial (2023), for context we should consider that the average for a single Chipotle franchise nets $3M in annual sales.
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