See more : Wejo Group Limited (WEJO) Income Statement Analysis – Financial Results
Complete financial analysis of Digital World Acquisition Corp. (DWAC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Digital World Acquisition Corp., a leading company in the Shell Companies industry within the Financial Services sector.
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Digital World Acquisition Corp. (DWAC)
About Digital World Acquisition Corp.
Digital World Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of SaaS and technology, and the fintech and financial services sector in the Americas. Digital World Acquisition Corp. was incorporated in 2020 and is based in Miami, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 21.04M | 18.30M | 1.19M | 0.00 |
| Gross Profit | -21.04M | -18.30M | -1.19M | 0.00 |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 10.00M | 1.19M | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 10.00M | 1.19M | 0.00 |
| Other Expenses | 2.69M | 18.50M | 200.00K | 0.00 |
| Operating Expenses | 2.69M | 18.50M | 1.39M | 0.00 |
| Cost & Expenses | 21.04M | 18.50M | 1.39M | 0.00 |
| Interest Income | 0.00 | 4.26M | 7.10K | 0.00 |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 167.90K | 228.49K | -7.10K | 206.30K |
| EBITDA | -18.34M | -18.50M | -1.40M | 0.00 |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -18.34M | -18.50M | -1.39M | 0.00 |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 167.90K | 4.26M | 7.10K | 0.00 |
| Income Before Tax | -18.34M | -14.24M | -1.38M | 0.00 |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 3.55M | 979.48K | 0.00 | 0.00 |
| Net Income | -21.89M | -15.22M | -1.38M | 0.00 |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.73 | -0.41 | -0.04 | 0.00 |
| EPS Diluted | -0.73 | -0.41 | -0.04 | 0.00 |
| Weighted Avg Shares Out | 30.02M | 37.21M | 37.21M | 37.21M |
| Weighted Avg Shares Out (Dil) | 30.02M | 37.21M | 37.21M | 37.21M |
Digital World shares surge as U.S. regulators clear way for merger with Trump's media firm
Shares of Digital World Acquisition Corp soared nearly 30% on Thursday after regulators cleared the way for its merger with former U.S. President Donald Trump's social media platform.
DWAC Stock Alert: Digital World Gets Trump Merger Go-Ahead
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Digital World Acquisition Corp.'s stock rallied 24% on Thursday after the special purpose acquisition company said it cleared a regulatory hurdle to take the parent of Donald Trump's Truth Social public, while disclosing a new potential snag with the deal.
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Shares of the firm intending to take former President Donald Trump's social media venture public surged Thursday, following an announcement the reverse merger will finally move forward to the next crucial step, as the Trump-linked stock wildly outperforms the broader...
Digital World Acquisition Corp. and Trump Media & Technology Group Announce Effectiveness of Form S-4 Registration Statement
MIAMI, FL / ACCESSWIRE / February 14, 2024 / Digital World Acquisition Corp. (NASDAQ:DWAC) ("Digital World," and/or the "Company") and Trump Media & Technology Group ("TMTG")today announced that on February 14, 2024, the U.S. Securities and Exchange Commission ("SEC") declared...
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Exclusive: Trump's media deal partner nears $50 million financing -sources
Digital World Acquisition Corp , the blank-check acquisition company that has agreed to take former U.S. President Donald Trump's social media platform public, is nearing a $50 million financing deal, people familiar with the matter said on Thursday.
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Source: https://incomestatements.info
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