Trump Media & Technology Group has realized a Q3 profit of $409.87 million, up from a $54.8 million loss in the same period last year, The Wall Street Journal reports.
Revenue totaled $3 million, versus $1 million in the prior year. Roughly $1.8 million of Q3 revenue came from media division subscriptions, including the Trruth+ streaming platform and Truth API, a
service that provides instant access to Trumps posts in social media. The financial statement precedes the firm’s $6 billion merger with TAE. This is expected to close in
Q4.