- Trump Media posts $20M Q2 loss despite rising sales and positive operating cash flow.
- Truth+ expands globally with new features, digital wallet, and AI-driven tools in beta.
- TMTG plans utility token and explores crypto ETFs to support fintech expansion.
Trump Media & Technology Group (Nasdaq, NYSE Texas: DJT), the company behind Truth Social, reported a net loss of $20 million for the second quarter of 2025, according to its 10-Q filing. The figure is an increase from the $16.4 million loss reported during the same period last year. Following the earnings announcement on Monday, August 4, the company’s shares (DJT) dropped by 3.8% on Nasdaq.
Despite the widening net loss, TMTG’s financials revealed some bright spots. The company recorded a 5.5% increase in net sales year-over-year, reaching $883,300 in Q2. While the operating loss stood at $43.5 million, this was offset by $16.8 million in interest income and $11.1 million from other investments.
Non-cash charges also made up a large portion of the loss, including $20.5 million from stock-based compensation and depreciation. The filing also detailed ongoing legal expenses of approximately $15 million linked to the firm’s 2024 SPAC merger and related litigation.
Related: Trump Media Confirms $2 Billion in Bitcoin Holdings After SEC Greenlight
Platform Developments and a Push Into Fintech
In a key milestone, TMTG reported its first positive operating cash flow, with $2.3 million generated from its activities during the quarter. The company is continuing to expand its Truth Social and Truth+ services, noting the global availability of its Truth+ streaming platform.
A central part of its user strategy is the Patriot Package, a new subscription beta on Truth+. The package includes features like automatic verification and will soon offer advanced posting tools. According to the company, subscribers will also gain access to a planned digital wallet for payments and rewards.
Digital Token and Fintech Strategy
As part of its ongoing product development, TMTG announced plans for a utility token tied to both the Truth Social and Truth+ platforms. The token is expected to integrate with the Patriot Package, though no official launch date has been disclosed.
Related: Truth Social Parent TMTG Makes $2.5 Billion Bitcoin Bet, Signaling Major Fintech Push
The company is also considering multiple exchange-traded fund (ETF) registrations, including products related to crypto markets. These actions are aligned with TMTG’s expansion into fintech services. Management stated that continued liquidity and asset growth will support further product development and acquisitions.
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