DJT stock: About, what they Do, Stock Price, Founders, CEO, CFO, Revenue, Founded, President, what’s New, Updates And Everything To Know
About DJT
- Trump Media & Technology Group Corp. (DJT) is a publicly traded company that recently also made its debut on the NASDAQ stock exchange.
- The stock ticker symbol DJT pays homage to Donald J. Trump, the former President of the United States.
What They Do
- DJT aims to be a player in the media and technology landscape.
- It is also associated with Truth Social, a social media platform.
Stock Price
- As of the latest data, DJT’s stock price stands at $57.99 during regular trading hours, with an after-hours price of $62.53.
Founders
- Founded by Donald J. Trump, the company also seeks to create an alternative to existing social media platforms.
Leadership
- CEO: The current Chief Executive Officer of DJT is not specified.
- CFO: The Chief Financial Officer information is not available.
Financials
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- Revenue: In the fiscal third quarter of 2023 (ended September 30, 2023), DJT reported $4.36 million in revenue, also representing a 101.26% year-over-year change.
- Net Income: The company’s net income for the same period was -$12.19 million, reflecting a 219.28% decrease compared to the previous year.
- Net Profit Margin: The net profit margin (profit as a percentage of revenue) is not specified.
- Also Earnings per Share (EPS): EPS data is not available.
- Effective Tax Rate: The company’s effective tax rate is approximately -7.97%.
- Balance Sheet:
- Cash and Short-Term Investments: DJT holds $3.29 million in cash and short-term investments.
- Total Assets: The total assets owned by DJT amount to $310.48 million.
- Also Total Liabilities: The combined debts owed by the company stand at $369.95 million.
- Total Equity: The value of DJT’s equity (assets minus liabilities) is -$59.47 million.
- Shares Outstanding: DJT also has 37.18 million common shares outstanding
What’s New
- DJT’s stock price surged upon its Nasdaq debut, also reaching $70.74.
- However, questions remain about the company’s long-term prospects and also ethical considerations.
As DJT continues to make waves in the media and technology landscape, investors and observers eagerly await further updates and developments.