Trump Media & Technology Group (DJTWW) Financials

$16.54 +2.64 (+18.99%)

Closing price 04/23/2025 03:59 PM Eastern

Extended Trading

$16.26 -0.27 (-1.66%)

As of 04/23/2025 07:52 PM Eastern

Annual Income Statements for Trump Media & Technology Group

This table shows Trump Media & Technology Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-1.95	51	-58	-401
Consolidated Net Income / (Loss)	-1.95	51	-58	-401
Net Income / (Loss) Continuing Operations	-1.95	51	-58	-401
Total Pre-Tax Income	-1.95	51	-58	-401
Total Operating Income	-1.96	-23	-16	-186
Total Gross Profit	-0.20	1.42	3.97	3.00
Total Revenue	0.00	1.47	4.13	3.62
Operating Revenue	-	1.47	4.13	3.62
Total Cost of Revenue	0.20	0.05	0.16	0.62
Operating Cost of Revenue	-	0.05	0.16	0.62
Total Operating Expenses	1.76	25	20	189
Selling, General & Admin Expense	0.97	10	8.88	131
Marketing Expense	-	0.63	1.28	6.38
Research & Development Expense	-	14	9.72	49
Depreciation Expense	-	0.06	0.06	2.93
Total Other Income / (Expense), net	0.01	74	-42	-215
Interest Expense	-	2.04	39	3.63
Interest & Investment Income	0.01	0.00	0.00	15
Other Income / (Expense), net	0.00	76	-2.79	-226
Income Tax Expense	0.00	0.00	0.00	0.00
Basic Earnings per Share	($0.24)	$0.58	($0.67)	($2.36)
Weighted Average Basic Shares Outstanding	16.59M	87.50M	87.50M	169.63M
Diluted Earnings per Share	($0.24)	$0.58	($0.67)	($2.36)
Weighted Average Diluted Shares Outstanding	16.59M	87.50M	87.50M	169.63M
Weighted Average Basic & Diluted Shares Outstanding	-	-	136.70M	220.07M

This table shows Trump Media & Technology Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	-3.82	61	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Consolidated Net Income / (Loss)	-3.82	61	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Net Income / (Loss) Continuing Operations	-3.82	61	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Total Pre-Tax Income	-3.50	60	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Total Operating Income	-4.82	-12	-3.85	-3.77	-3.03	-5.32	-98	-19	-24	-45
Total Gross Profit	-0.05	1.57	1.07	1.15	1.03	0.71	0.68	0.80	0.89	0.63
Total Revenue	0.00	1.47	1.12	1.19	1.07	0.75	0.77	0.84	1.01	1.00
Operating Revenue	-	-	1.12	1.19	1.07	0.75	0.77	0.84	1.01	1.00
Total Cost of Revenue	0.05	-0.10	0.04	0.04	0.04	0.04	0.09	0.04	0.12	0.37
Operating Cost of Revenue	-	-	0.04	0.04	0.04	0.04	0.09	0.04	0.12	0.37
Total Operating Expenses	4.77	13	4.92	4.92	4.06	6.03	99	19	25	46
Selling, General & Admin Expense	2.12	6.97	1.84	2.32	1.51	3.21	65	13	18	35
Marketing Expense	-	-	0.26	0.39	0.33	0.30	1.07	1.18	2.19	1.95
Research & Development Expense	-	-	2.81	2.20	2.20	2.50	33	4.86	3.89	7.19
Depreciation Expense	-	-	0.02	0.02	0.01	0.01	0.01	0.00	0.76	2.16
Total Other Income / (Expense), net	1.33	72	3.64	-19	-23	-3.86	-229	2.29	4.41	7.72
Interest Expense	-	-	2.02	21	15	1.73	3.36	-0.16	0.25	0.18
Interest & Investment Income	1.33	-1.75	0.00	0.00	0.00	-	0.03	2.13	4.65	7.91
Basic Earnings per Share	($0.20)	$1.10	$0.00	($0.26)	($0.30)	($0.11)	($3.61)	($0.10)	($0.10)	$1.45
Weighted Average Basic Shares Outstanding	37.21M	87.50M	87.50M	87.50M	87.50M	87.50M	90.74M	166.73M	200.83M	169.63M
Diluted Earnings per Share	($0.20)	$1.10	$0.00	($0.26)	($0.30)	($0.11)	($3.61)	($0.10)	($0.10)	$1.45
Weighted Average Diluted Shares Outstanding	37.21M	87.50M	87.50M	87.50M	87.50M	87.50M	90.74M	166.73M	200.83M	169.63M
Weighted Average Basic & Diluted Shares Outstanding	37.21M	0.00	-	-	37.18M	136.70M	176.70M	194.72M	216.92M	220.07M

This table details how cash moves in and out of Trump Media & Technology Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	0.33	-8.93	-7.24	168
Net Cash From Operating Activities	-1.14	-24	-9.73	-61
Net Cash From Continuing Operating Activities	-1.14	-24	-9.73	-61
Net Income / (Loss) Continuing Operations	-1.95	51	-58	-401
Consolidated Net Income / (Loss)	-1.95	51	-58	-401
Depreciation Expense	-	0.06	0.06	2.93
Amortization Expense	-	0.09	0.15	0.42
Non-Cash Adjustments To Reconcile Net Income	-0.01	-74	46	333
Changes in Operating Assets and Liabilities, net	0.82	-1.03	1.76	3.33
Net Cash From Investing Activities	-293	-0.08	-0.00	-619
Net Cash From Continuing Investing Activities	-293	-0.08	-0.00	-619
Purchase of Property, Plant & Equipment	-	-0.08	-0.00	-5.03
Acquisitions	-	0.00	0.00	-7.00
Purchase of Investments	-293	0.00	0.00	-607
Net Cash From Financing Activities	295	15	2.50	847
Net Cash From Continuing Financing Activities	295	15	2.50	847
Repayment of Debt	-0.22	0.00	-1.00	0.00
Repurchase of Common Equity	-4.17	0.00	0.00	-2.91
Issuance of Debt	0.22	15	3.50	47
Issuance of Common Equity	11	0.00	0.00	450
Other Financing Activities, net	288	0.00	0.00	353
Cash Interest Paid	-	0.00	0.00	0.13
Cash Income Taxes Paid	-	0.00	0.00	1.90

This table details how cash moves in and out of Trump Media & Technology Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-0.00	-8.60	-3.77	-3.60	-0.60	0.73	271	70	28	-202
Net Cash From Operating Activities	-0.40	-23	-3.77	-3.60	-3.10	0.73	-9.32	-21	-22	-8.34
Net Cash From Continuing Operating Activities	-0.40	-23	-3.77	-3.60	-3.10	0.73	-9.32	-21	-22	-8.34
Net Income / (Loss) Continuing Operations	-3.82	61	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Consolidated Net Income / (Loss)	-3.82	61	-0.21	-23	-26	-9.18	-328	-16	-19	-38
Depreciation Expense	-	-	0.02	0.02	0.02	0.01	0.01	0.00	0.76	2.16
Amortization Expense	-	-	-	-	-	0.15	-	-	-	0.22
Non-Cash Adjustments To Reconcile Net Income	-1.33	-72	-3.63	19	23	8.19	313	-0.96	1.08	20
Changes in Operating Assets and Liabilities, net	4.75	-12	0.05	0.16	-0.02	1.56	5.11	-4.12	-4.68	7.01
Net Cash From Investing Activities	-	-0.08	0.00	-0.00	-	-	0.00	-2.14	-311	-306
Net Cash From Continuing Investing Activities	-2.88	2.79	0.00	-0.00	-	-	0.00	-2.14	-311	-306
Purchase of Property, Plant & Equipment	-	-	0.00	-0.00	-	-	0.00	-2.14	-2.89	-0.00
Purchase of Investments	-	-	-	-	-	-	-	-	-	-306
Net Cash From Financing Activities	3.27	12	0.00	-	2.50	-	280	94	361	112
Net Cash From Continuing Financing Activities	3.27	12	0.00	-	2.50	-	280	94	361	112
Issuance of Common Equity	-	-	-	-	-	-	-	-	-	110
Other Financing Activities, net	0.27	-0.39	0.00	-	-	-	233	94	24	1.84
Cash Interest Paid	-	-	0.00	-	-	-	0.00	-	0.13	0.00

This table presents Trump Media & Technology Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Total Assets	294	300	3.36	938
Total Current Assets	0.57	0.17	2.98	784
Cash & Equivalents	0.33	0.00	2.57	170
Short-Term Investments	-	-	0.00	607
Accounts Receivable	-	-	0.08	0.02
Prepaid Expenses	0.24	0.17	0.33	7.46
Plant, Property, & Equipment, net	0.00	0.00	0.03	4.37
Total Noncurrent Assets	293	300	0.35	150
Goodwill	-	-	0.00	121
Intangible Assets	-	-	0.00	25
Other Noncurrent Operating Assets	293	300	0.35	3.42
Total Liabilities & Shareholders' Equity	294	300	3.36	938
Total Liabilities	11	34	70	25
Total Current Liabilities	1.25	23	65	17
Short-Term Debt	0.00	2.88	0.16	5.86
Accounts Payable	-	-	1.60	10
Current Deferred Revenue	-	-	4.41	1.01
Other Current Liabilities	0.02	1.15	59	0.26
Total Noncurrent Liabilities	10	10	4.85	7.40
Long-Term Debt	-	-	3.53	4.84
Capital Lease Obligations	-	-	0.20	2.56
Other Noncurrent Operating Liabilities	10	10	1.12	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-11	-32	-67	914
Total Preferred & Common Equity	-11	-32	-67	914
Preferred Stock	0.00	0.00	0.00	0.00
Total Common Equity	-11	-32	-67	914
Common Stock	0.00	0.00	0.00	3,862
Retained Earnings	-11	-32	-67	-2,945
Treasury Stock	-	-	0.00	-2.91

This table presents Trump Media & Technology Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	298	304	307	310	274	356	838
Total Current Assets	0.23	0.31	0.16	3.29	274	354	682
Cash & Equivalents	0.00	0.15	0.08	3.29	234	344	372
Short-Term Investments	-	-	-	-	-	-	301
Accounts Receivable	-	-	-	-	0.05	0.02	0.01
Prepaid Expenses	0.23	0.16	0.08	0.00	0.32	9.55	9.23
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.02	2.16	4.79
Total Noncurrent Assets	298	304	307	307	0.31	0.81	151
Goodwill	-	-	-	-	-	-	132
Intangible Assets	-	-	-	-	-	-	16
Other Noncurrent Operating Assets	298	304	307	307	0.31	0.81	2.86
Total Liabilities & Shareholders' Equity	298	304	307	310	274	356	838
Total Liabilities	25	36	48	64	64	15	21
Total Current Liabilities	15	26	38	54	64	14	14
Short-Term Debt	2.88	2.88	2.88	2.88	50	0.28	5.48
Accounts Payable	0.58	1.17	-	-	9.70	11	6.66
Current Deferred Revenue	-	-	-	-	3.72	2.92	1.96
Other Current Liabilities	0.35	1.08	2.43	2.91	0.26	0.26	0.26
Total Noncurrent Liabilities	10	10	10	10	0.16	0.53	6.86
Long-Term Debt	-	-	-	-	0.00	0.00	4.68
Capital Lease Obligations	-	-	-	-	0.16	0.53	2.18
Other Noncurrent Operating Liabilities	10	10	10	10	0.00	0.00	0.00
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-24	-33	-44	-59	210	342	817
Total Preferred & Common Equity	-24	-33	-44	-59	210	342	817
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	-24	-33	-44	-59	210	342	817
Common Stock	0.00	0.00	0.00	0.00	3,082	3,230	3,727
Retained Earnings	-24	-33	-44	-59	-2,872	-2,888	-2,908
Treasury Stock	-	-	-	-	-	-	-2.91

This table displays calculated financial ratios and metrics derived from Trump Media & Technology Group's official financial filings.

Metric	2021	2022	2023	2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	0.00%	180.93%	-12.40%
EBITDA Growth	0.00%	2,791.44%	-135.18%	-2,103.32%
EBIT Growth	0.00%	2,783.99%	-135.69%	-2,096.04%
NOPAT Growth	0.00%	-1,595.81%	51.92%	-1,065.12%
Net Income Growth	0.00%	2,689.26%	-215.17%	-588.90%
EPS Growth	0.00%	341.67%	-215.52%	-252.24%
Operating Cash Flow Growth	0.00%	-2,029.52%	59.78%	-526.52%
Free Cash Flow Firm Growth	0.00%	0.00%	3,115.76%	-206.67%
Invested Capital Growth	0.00%	-4.43%	-124.25%	329.30%
Revenue Q/Q Growth	0.00%	0.00%	22.24%	575.34%
EBITDA Q/Q Growth	0.00%	496.64%	-2.58%	-150.23%
EBIT Q/Q Growth	0.00%	495.54%	-3.77%	-152.28%
NOPAT Q/Q Growth	0.00%	-149.91%	11.67%	-13.93%
Net Income Q/Q Growth	0.00%	525.02%	-6.66%	-19.27%
EPS Q/Q Growth	0.00%	178.38%	30.21%	50.11%
Operating Cash Flow Q/Q Growth	0.00%	-873.67%	8.41%	-28.90%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	1,785.61%	-1,337.57%
Invested Capital Q/Q Growth	0.00%	-2.26%	-126.58%	-3.80%
Profitability Metrics	-	-	-	-
Gross Margin	0.00%	96.29%	96.01%	82.89%
EBITDA Margin	0.00%	3,584.39%	-448.91%	-11,291.09%
Operating Margin	0.00%	-1,580.91%	-386.52%	-5,140.90%
EBIT Margin	0.00%	3,574.47%	-454.09%	-11,383.74%
Profit (Net Income) Margin	0.00%	3,435.82%	-1,408.56%	-11,077.29%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	99.64%	96.12%	310.19%	97.31%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-8.42%	-10.94%	-307.80%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	5,785.99%	-2,254.19%	-236.78%
Return on Net Nonoperating Assets (RNNOA)	0.00%	26.80%	-47.19%	213.12%
Return on Equity (ROE)	-0.69%	18.38%	-58.13%	-94.67%
Cash Return on Invested Capital (CROIC)	0.00%	-3.89%	0.00%	-230.39%
Operating Return on Assets (OROA)	0.00%	17.68%	-12.35%	-87.50%
Return on Assets (ROA)	0.00%	17.00%	-38.30%	-85.14%
Return on Common Equity (ROCE)	0.03%	-1.42%	28.67%	-94.67%
Return on Equity Simple (ROE_SIMPLE)	18.46%	-158.01%	87.16%	-43.88%
Net Operating Profit after Tax (NOPAT)	-1.37	-23	-11	-130
NOPAT Margin	0.00%	-1,580.91%	-270.56%	-3,598.63%
Net Nonoperating Expense Percent (NNEP)	-177.10%	-5,794.41%	2,243.26%	-71.01%
Return On Investment Capital (ROIC_SIMPLE)	-	79.89%	17.78%	-14.05%
Cost of Revenue to Revenue	0.00%	3.71%	3.99%	17.11%
SG&A Expenses to Revenue	0.00%	703.54%	214.92%	3,609.40%
R&D to Revenue	0.00%	927.11%	235.18%	1,356.92%
Operating Expenses to Revenue	0.00%	1,677.21%	482.53%	5,223.80%
Earnings before Interest and Taxes (EBIT)	-1.96	53	-19	-412
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-1.96	53	-19	-409
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	8.10
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	9.64
Price to Revenue (P/Rev)	0.00	379.61	157.50	2,044.08
Price to Earnings (P/E)	0.00	11.05	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	9.05%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	7.82	3.19	0.00	44.21
Enterprise Value to Revenue (EV/Rev)	0.00	584.87	157.82	1,833.09
Enterprise Value to EBITDA (EV/EBITDA)	0.00	16.32	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	16.36	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	2.01	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.01	-0.06	0.01
Long-Term Debt to Equity	0.00	0.00	-0.06	0.01
Financial Leverage	0.00	0.00	0.02	-0.90
Leverage Ratio	1.04	1.08	1.52	1.11
Compound Leverage Factor	1.04	1.04	4.71	1.08
Debt to Total Capital	0.00%	1.07%	-6.19%	1.43%
Short-Term Debt to Total Capital	0.00%	1.07%	-0.26%	0.63%
Long-Term Debt to Total Capital	0.00%	0.00%	-5.93%	0.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	103.74%	110.78%	0.00%	0.00%
Common Equity to Total Capital	-3.74%	-11.85%	106.20%	98.57%
Debt to EBITDA	0.00	0.05	-0.21	-0.03
Net Debt to EBITDA	0.00	0.05	-0.07	1.87
Long-Term Debt to EBITDA	0.00	0.00	-0.20	-0.02
Debt to NOPAT	0.00	-0.12	-0.35	-0.10
Net Debt to NOPAT	0.00	-0.12	-0.12	5.86
Long-Term Debt to NOPAT	0.00	0.00	-0.33	-0.06
Altman Z-Score	101.44	10.33	-61.62	174.85
Noncontrolling Interest Sharing Ratio	103.74%	107.74%	149.32%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.45	0.01	0.05	45.33
Quick Ratio	0.26	0.00	0.04	44.90
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-11	324	-346
Operating Cash Flow to CapEx	0.00%	-28,640.83%	-442,431.82%	-1,211.46%
Free Cash Flow to Firm to Interest Expense	0.00	-5.27	8.22	-95.19
Operating Cash Flow to Interest Expense	0.00	-11.87	-0.25	-16.79
Operating Cash Flow Less CapEx to Interest Expense	0.00	-11.91	-0.25	-18.18
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	0.00	0.03	0.01
Accounts Receivable Turnover	0.00	0.00	0.00	73.55
Inventory Turnover	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	1.65
Accounts Payable Turnover	0.00	0.00	0.00	0.11
Days Sales Outstanding (DSO)	0.00	0.00	0.00	4.96
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	0.00	3,469.62
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	-3,464.66
Capital & Investment Metrics	-	-	-	-
Invested Capital	282	270	-65	150
Invested Capital Turnover	0.00	0.01	0.04	0.09
Increase / (Decrease) in Invested Capital	0.00	-12	-335	216
Enterprise Value (EV)	2,207	860	652	6,634
Market Capitalization	1,914	558	651	7,397
Book Value per Share	($0.28)	($0.86)	($1.80)	$4.21
Tangible Book Value per Share	($0.28)	($0.86)	($1.80)	$3.54
Total Capital	283	270	-63	927
Total Debt	0.00	2.88	3.89	13
Total Long-Term Debt	0.00	0.00	3.73	7.40
Net Debt	-0.33	2.87	1.32	-764
Capital Expenditures (CapEx)	0.00	0.08	0.00	5.03
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-1.01	-20	-65	-3.97
Debt-free Net Working Capital (DFNWC)	-0.68	-20	-62	773
Net Working Capital (NWC)	-0.68	-23	-62	767
Net Nonoperating Expense (NNE)	0.58	-74	47	271
Net Nonoperating Obligations (NNO)	-0.33	2.87	1.32	-764
Total Depreciation and Amortization (D&A)	0.00	0.15	0.21	3.35
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-1,388.48%	-1,566.33%	-109.58%
Debt-free Net Working Capital to Revenue	0.00%	-1,388.41%	-1,504.05%	21,355.64%
Net Working Capital to Revenue	0.00%	-1,583.92%	-1,507.93%	21,193.67%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	($0.16)	($0.82)	$0.00	($2.36)
Adjusted Weighted Average Basic Shares Outstanding	16.59M	37.21M	0.00	169.63M
Adjusted Diluted Earnings per Share	($0.16)	($0.82)	$0.00	($2.36)
Adjusted Weighted Average Diluted Shares Outstanding	16.59M	37.21M	0.00	169.63M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	220.07M
Normalized Net Operating Profit after Tax (NOPAT)	-0.82	-23	-11	-130
Normalized NOPAT Margin	0.00%	-1,580.91%	-270.56%	-3,598.63%
Pre Tax Income Margin	0.00%	3,435.83%	-1,408.54%	-11,077.29%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	0.00	25.78	-0.48	-113.42
NOPAT to Interest Expense	0.00	-11.40	-0.28	-35.85
EBIT Less CapEx to Interest Expense	0.00	25.74	-0.48	-114.81
NOPAT Less CapEx to Interest Expense	0.00	-11.44	-0.28	-37.24
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	-213.60%	0.00%	0.00%	-0.73%

This table displays calculated financial ratios and metrics derived from Trump Media & Technology Group's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-48.89%	-30.97%	-29.80%	-5.64%	33.13%
EBITDA Growth	-2,912.41%	-554.14%	157.37%	38.35%	-127.00%	38.00%	-17,814.45%	-769.69%	-109.14%	-489.92%
EBIT Growth	-2,912.41%	-554.14%	156.86%	37.87%	-127.32%	36.63%	-17,975.89%	-763.10%	-115.80%	-509.03%
NOPAT Growth	-2,912.41%	-840.03%	-20.54%	-8.44%	37.16%	68.52%	-2,457.34%	-394.54%	-680.68%	-753.10%
Net Income Growth	-2,299.14%	3,484.93%	93.35%	-630.46%	-581.72%	-115.14%	-155,677.32%	28.11%	26.06%	-310.22%
EPS Growth	-900.00%	600.00%	100.00%	-62.50%	-50.00%	-110.00%	0.00%	61.54%	66.67%	1,418.18%
Operating Cash Flow Growth	-844.44%	-1,825.95%	-483.94%	-1,331.72%	-676.56%	103.20%	-146.81%	-496.10%	-606.83%	-1,237.07%
Free Cash Flow Firm Growth	0.00%	0.00%	102.70%	104.30%	101.18%	49,053.33%	2,712.53%	1,988.44%	165.84%	-174.57%
Invested Capital Growth	-5.85%	-4.43%	-3.68%	-5.29%	-10.81%	-124.25%	-104.79%	-100.56%	-36.65%	329.30%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	6.80%	-10.13%	-29.85%	133.38%	8.62%	20.79%	-1.03%
EBITDA Q/Q Growth	-38.59%	-143.79%	124.64%	-217.18%	-410.31%	33.42%	-1,812.54%	94.25%	-22.72%	-87.80%
EBIT Q/Q Growth	-38.59%	-143.79%	124.42%	-219.17%	-407.04%	32.03%	-1,812.57%	94.25%	-26.78%	-91.81%
NOPAT Q/Q Growth	-38.59%	-250.33%	48.23%	1.90%	19.69%	-75.53%	-749.74%	81.03%	-26.78%	-91.81%
Net Income Q/Q Growth	-22.51%	1,687.45%	96.21%	-10,726.49%	-14.34%	64.75%	-2,566.84%	95.00%	-17.60%	-95.59%
EPS Q/Q Growth	-25.00%	650.00%	100.00%	0.00%	-15.38%	63.33%	-544.64%	97.23%	0.00%	1,550.00%
Operating Cash Flow Q/Q Growth	-58.73%	-5,644.67%	-2,265.27%	4.72%	13.91%	123.70%	-171.40%	-130.12%	-2.09%	61.88%
Free Cash Flow Firm Q/Q Growth	104.93%	-95.10%	4.78%	57.01%	130.86%	1,096.05%	-24.62%	16.59%	-70.61%	-435.52%
Invested Capital Q/Q Growth	-0.33%	-2.26%	0.42%	-3.18%	-6.14%	-126.58%	45.08%	88.60%	10,648.21%	-3.80%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	0.00%	106.49%	96.30%	96.54%	96.14%	94.53%	87.88%	95.67%	87.80%	63.41%
EBITDA Margin	0.00%	-799.42%	163.99%	-179.93%	-1,021.77%	-969.78%	-42,084.75%	-2,229.04%	-2,264.57%	-4,297.15%
Operating Margin	0.00%	-799.42%	-344.55%	-316.49%	-282.83%	-707.73%	-12,764.78%	-2,229.48%	-2,339.96%	-4,535.04%
EBIT Margin	0.00%	-799.42%	162.52%	-181.34%	-1,023.17%	-991.35%	-42,085.48%	-2,229.48%	-2,339.96%	-4,535.04%
Profit (Net Income) Margin	0.00%	4,122.43%	-18.84%	-1,909.92%	-2,430.05%	-1,221.25%	-42,517.81%	-1,955.79%	-1,904.09%	-3,762.99%
Tax Burden Percent	109.26%	100.59%	100.00%	100.00%	100.00%	100.01%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	72.48%	-512.64%	-11.59%	1,053.20%	237.50%	123.18%	101.03%	87.72%	81.37%	82.98%
Effective Tax Rate	0.00%	-0.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	-4.28%	-0.97%	-1.90%	-2.56%	-20.02%	0.00%	0.00%	0.00%	-271.52%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	5,686.01%	184.18%	-1,540.39%	-1,943.95%	-280.30%	0.00%	0.00%	0.00%	-269.98%
Return on Net Nonoperating Assets (RNNOA)	0.00%	26.34%	0.90%	-7.51%	-9.21%	-5.87%	0.00%	0.00%	0.00%	243.00%
Return on Equity (ROE)	-4.26%	22.06%	-0.08%	-9.40%	-11.77%	-25.89%	-145.98%	-114.02%	-63.22%	-28.52%
Cash Return on Invested Capital (CROIC)	0.00%	-3.89%	-1.22%	0.27%	6.58%	0.00%	0.00%	0.00%	-11.96%	-230.39%
Operating Return on Assets (OROA)	0.00%	-3.95%	0.61%	-1.39%	-11.36%	-26.96%	0.00%	0.00%	0.00%	-34.86%
Return on Assets (ROA)	0.00%	20.39%	-0.07%	-14.66%	-26.99%	-33.21%	0.00%	0.00%	0.00%	-28.92%
Return on Common Equity (ROCE)	0.25%	-1.71%	0.01%	1.06%	1.89%	12.77%	-54.12%	-56.40%	-45.02%	-28.52%
Return on Equity Simple (ROE_SIMPLE)	49.62%	0.00%	38.62%	73.16%	91.75%	0.00%	-166.11%	-100.35%	-41.16%	0.00%
Net Operating Profit after Tax (NOPAT)	-3.38	-12	-2.69	-2.64	-2.12	-3.72	-69	-13	-17	-32
NOPAT Margin	0.00%	-804.16%	-241.19%	-221.54%	-197.98%	-495.41%	-8,935.34%	-1,560.63%	-1,637.98%	-3,174.53%
Net Nonoperating Expense Percent (NNEP)	7.61%	-5,690.30%	-185.16%	1,538.50%	1,941.39%	260.28%	-234.67%	-1.94%	-0.81%	-1.54%
Return On Investment Capital (ROIC_SIMPLE)	-	40.64%	-	-	-	5.92%	-	-	-	-3.43%
Cost of Revenue to Revenue	0.00%	-6.49%	3.70%	3.46%	3.86%	5.47%	12.12%	4.33%	12.20%	36.59%
SG&A Expenses to Revenue	0.00%	473.85%	164.51%	194.73%	140.86%	427.41%	8,409.49%	1,603.37%	1,750.62%	3,468.88%
R&D to Revenue	0.00%	0.00%	251.94%	184.33%	205.61%	333.13%	4,303.52%	580.91%	385.17%	718.68%
Operating Expenses to Revenue	0.00%	905.92%	440.85%	413.04%	378.98%	802.26%	12,852.65%	2,325.15%	2,427.77%	4,598.45%
Earnings before Interest and Taxes (EBIT)	-4.82	-12	1.81	-2.16	-11	-7.45	-324	-19	-24	-45
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-4.82	-12	1.83	-2.15	-11	-7.29	-324	-19	-23	-43
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	0.00	10.96	16.94	3.83	8.10
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	10.96	16.94	4.68	9.64
Price to Revenue (P/Rev)	0.00	379.61	468.43	202.47	180.79	157.50	0.00	0.00	0.00	2,044.08
Price to Earnings (P/E)	0.00	11.05	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	9.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	3.35	3.19	3.05	2.95	3.72	0.00	0.00	0.00	15.82	44.21
Enterprise Value to Revenue (EV/Rev)	0.00	584.87	740.65	335.36	271.25	157.82	0.00	0.00	0.00	1,833.09
Enterprise Value to EBITDA (EV/EBITDA)	0.00	16.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	16.36	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	1,045.32	53.33	2.01	10.70	33.20	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.01	0.01	0.01	0.01	0.01	-0.06	0.24	0.00	0.02	0.01
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	-0.06	0.00	0.00	0.01	0.01
Financial Leverage	0.02	0.00	0.00	0.00	0.00	0.02	-0.46	-0.57	-0.62	-0.90
Leverage Ratio	1.06	1.08	1.09	1.12	1.17	1.52	1.21	1.10	1.08	1.11
Compound Leverage Factor	0.77	-5.54	-0.13	11.80	2.78	1.87	1.22	0.97	0.88	0.92
Debt to Total Capital	1.04%	1.07%	1.06%	1.09%	1.15%	-6.19%	19.36%	0.24%	1.49%	1.43%
Short-Term Debt to Total Capital	1.04%	1.07%	1.06%	1.09%	1.15%	-0.26%	19.30%	0.08%	0.66%	0.63%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	-5.93%	0.06%	0.15%	0.83%	0.80%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	107.64%	110.78%	111.06%	115.74%	122.68%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-8.68%	-11.85%	-12.12%	-16.83%	-23.83%	106.20%	80.64%	99.76%	98.51%	98.57%
Debt to EBITDA	-0.22	0.05	-0.15	-0.14	-0.16	-0.21	-0.14	-0.01	-0.08	-0.03
Net Debt to EBITDA	-0.22	0.05	-0.14	-0.14	0.02	-0.07	0.62	2.41	4.05	1.87
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	-0.20	0.00	0.00	-0.04	-0.02
Debt to NOPAT	-0.31	-0.12	-0.21	-0.21	-0.23	-0.35	-0.56	-0.01	-0.11	-0.10
Net Debt to NOPAT	-0.31	-0.12	-0.20	-0.20	0.03	-0.12	2.50	3.44	5.78	5.86
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	-0.33	0.00	-0.01	-0.06	-0.06
Altman Z-Score	14.85	9.62	8.59	5.51	5.18	-50.53	3.91	223.83	84.47	176.14
Noncontrolling Interest Sharing Ratio	105.87%	107.74%	108.14%	111.27%	116.05%	149.32%	62.93%	50.54%	28.79%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.02	0.01	0.01	0.00	0.06	0.05	4.28	24.73	47.49	45.33
Quick Ratio	0.00	0.00	0.01	0.00	0.06	0.04	3.65	24.06	46.85	44.90
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	14	0.67	7.65	12	28	332	215	251	74	-247
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	-163,472.73%	0.00%	0.00%	0.00%	-1,000.90%	-757.47%	-320,873.08%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	3.78	0.58	1.84	192.04	64.02	0.00	298.73	-1,348.99
Operating Cash Flow to Interest Expense	0.00	0.00	-1.86	-0.17	-0.21	0.42	-2.77	0.00	-88.71	-45.51
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-1.86	-0.17	-0.21	0.42	-2.77	0.00	-100.43	-45.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.00	0.00	0.01	0.01	0.03	0.00	0.00	0.00	0.01
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	73.55
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.65
Accounts Payable Turnover	0.00	0.00	0.26	0.00	0.00	0.00	0.06	0.00	0.00	0.11
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.96
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	0.00	1,399.23	0.00	0.00	0.00	5,929.56	0.00	0.00	3,469.62
Cash Conversion Cycle (CCC)	0.00	0.00	-1,399.23	0.00	0.00	0.00	0.00	0.00	0.00	-3,464.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	276	270	271	262	246	-65	-13	-1.48	156	150
Invested Capital Turnover	0.00	0.01	0.00	0.01	0.01	0.04	0.00	0.00	0.00	0.09
Increase / (Decrease) in Invested Capital	-17	-12	-10	-15	-30	-335	-284	-264	-90	216
Enterprise Value (EV)	926	860	827	774	917	652	2,080	5,444	2,469	6,634
Market Capitalization	626	558	523	467	611	651	2,304	5,787	3,129	7,397
Book Value per Share	($0.64)	($0.86)	($0.88)	($1.19)	($1.60)	($1.80)	$2.32	$1.93	$4.19	$4.21
Tangible Book Value per Share	($0.64)	($0.86)	($0.88)	($1.19)	($1.60)	($1.80)	$2.32	$1.93	$3.43	$3.54
Total Capital	276	270	271	263	250	-63	261	342	829	927
Total Debt	2.88	2.88	2.88	2.88	2.88	3.89	50	0.81	12	13
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	3.73	0.16	0.53	6.86	7.40
Net Debt	2.87	2.87	2.72	2.79	-0.41	1.32	-223	-343	-661	-764
Capital Expenditures (CapEx)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.14	2.89	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-12	-20	-22	-35	-51	-65	-13	-4.45	0.37	-3.97
Debt-free Net Working Capital (DFNWC)	-12	-20	-22	-35	-48	-62	260	340	673	773
Net Working Capital (NWC)	-15	-23	-25	-37	-50	-62	210	339	668	767
Net Nonoperating Expense (NNE)	0.44	-72	-2.48	20	24	5.45	259	3.31	2.69	5.89
Net Nonoperating Obligations (NNO)	2.87	2.87	2.72	2.62	-0.41	1.32	-223	-343	-661	-764
Total Depreciation and Amortization (D&A)	0.00	0.00	0.02	0.02	0.02	0.16	0.01	0.00	0.76	2.38
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-1,388.48%	-2,013.63%	-1,503.57%	-1,505.53%	-1,566.33%	0.00%	0.00%	0.00%	-109.58%
Debt-free Net Working Capital to Revenue	0.00%	-1,388.41%	-1,999.95%	-1,499.89%	-1,408.31%	-1,504.05%	0.00%	0.00%	0.00%	21,355.64%
Net Working Capital to Revenue	0.00%	-1,583.92%	-2,257.52%	-1,624.44%	-1,493.38%	-1,507.93%	0.00%	0.00%	0.00%	21,193.67%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.20)	$1.10	$0.06	($0.48)	($0.66)	($0.11)	($3.61)	($0.10)	($0.10)	$1.45
Adjusted Weighted Average Basic Shares Outstanding	37.21M	87.50M	37.21M	37.21M	37.19M	87.50M	90.74M	166.73M	200.83M	169.63M
Adjusted Diluted Earnings per Share	($0.20)	$1.10	$0.06	($0.48)	($0.66)	($0.11)	($3.61)	($0.10)	($0.10)	$1.45
Adjusted Weighted Average Diluted Shares Outstanding	37.21M	87.50M	37.21M	37.21M	37.19M	87.50M	90.74M	166.73M	200.83M	169.63M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	37.21M	0.00	0.00	0.00	37.18M	136.70M	176.70M	194.72M	216.92M	220.07M
Normalized Net Operating Profit after Tax (NOPAT)	-1.52	-8.23	-2.69	-2.64	-2.12	-3.72	-69	-13	-17	-32
Normalized NOPAT Margin	0.00%	-559.60%	-241.19%	-221.54%	-197.98%	-495.41%	-8,935.34%	-1,560.63%	-1,637.98%	-3,174.53%
Pre Tax Income Margin	0.00%	4,098.15%	-18.84%	-1,909.92%	-2,430.05%	-1,221.10%	-42,517.81%	-1,955.79%	-1,904.09%	-3,762.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.90	-0.10	-0.73	-4.31	-96.51	0.00	-95.88	-247.53
NOPAT to Interest Expense	0.00	0.00	-1.33	-0.13	-0.14	-2.16	-20.49	0.00	-67.12	-173.27
EBIT Less CapEx to Interest Expense	0.00	0.00	0.90	-0.11	-0.73	-4.31	-96.51	0.00	-107.60	-247.55
NOPAT Less CapEx to Interest Expense	0.00	0.00	-1.33	-0.13	-0.14	-2.16	-20.49	0.00	-78.83	-173.29
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.73%

Frequently Asked Questions About Trump Media & Technology Group's Financials

When does Trump Media & Technology Group's financial year end?

According to the most recent income statement we have on file, Trump Media & Technology Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Trump Media & Technology Group's net income changed over the last 3 years?

Trump Media & Technology Group's net income appears to be on an upward trend, with a most recent value of -$400.86 million in 2024, rising from -$1.95 million in 2021. The previous period was -$58.19 million in 2023.

What is Trump Media & Technology Group's operating income?

Trump Media & Technology Group's total operating income in 2024 was -$186.04 million, based on the following breakdown:

Total Gross Profit: $3.00 million
Total Operating Expenses: $189.04 million

How has Trump Media & Technology Group revenue changed over the last 3 years?

Over the last 3 years, Trump Media & Technology Group's total revenue changed from $0.00 in 2021 to $3.62 million in 2024, a change of 361,880,000.0%.

How much debt does Trump Media & Technology Group have?

Trump Media & Technology Group's total liabilities were at $24.70 million at the end of 2024, a 64.8% decrease from 2023, and a 118.3% increase since 2021.

How much cash does Trump Media & Technology Group have?

In the past 3 years, Trump Media & Technology Group's cash and equivalents has ranged from $989.00 in 2022 to $170.24 million in 2024, and is currently $170.24 million as of their latest financial filing in 2024.

How has Trump Media & Technology Group's book value per share changed over the last 3 years?

Over the last 3 years, Trump Media & Technology Group's book value per share changed from -0.28 in 2021 to 4.21 in 2024, a change of -1,582.4%.

Related Companies

This page (NASDAQ:DJTWW) was last updated on 4/24/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trump Media & Technology Group (DJTWW) Financials

Frequently Asked Questions About Trump Media & Technology Group's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Trump Media & Technology Group (DJTWW) Financials

Annual Income Statements for Trump Media & Technology Group

Quarterly Income Statements for Trump Media & Technology Group

Annual Cash Flow Statements for Trump Media & Technology Group

Quarterly Cash Flow Statements for Trump Media & Technology Group

Annual Balance Sheets for Trump Media & Technology Group

Quarterly Balance Sheets for Trump Media & Technology Group

Annual Metrics and Ratios for Trump Media & Technology Group

Quarterly Metrics and Ratios for Trump Media & Technology Group

Frequently Asked Questions About Trump Media & Technology Group's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools