See more : DF Deutsche Forfait AG (DFTK.DE) 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 |
A Truth Social windfall likely won't solve Trump's immediate financial crisis
A vote Friday on whether a merger of Donald Trump's social-media company with a blank-check firm goes through could more than double the former president's net worth on paper, but it seems unlikely that it will solve his immediate financial...
How Trump Could Make Billions From Struggling Truth Social
The social-media platform started by Donald Trump has performed poorly as a business, yet it could bring the former president a windfall, thanks to investors in the shell company Digital World Acquisition.
Trump might make billions from Truth Social just as it needs the cash the most
Donald Trump could reap billions from his large stake in Truth Social. Trump created his social media platform after he was booted from mainstream ones following Jan. 6.
Trump Is in Line for a $3.5 Billion Windfall From His Stake in Truth Social
Supporters who have driven up share price are expected to vote Friday to take company public.
DWAC stock soars as vote on deal to buy Trump Media nears
Shares of Digital World Acquisition Corp., the special-purpose acquisition corporation looking to buy former President Donald Trump's social-media company, soared in active trading Wednesday, two days before a shareholder vote on the proposed merger.
DWAC Stock: Why Digital World Is Up 20% Ahead of Merger Vote
Digital World Acquisition (NASDAQ: DWAC ) — the special purpose acquisition company (SPAC) — planning to take Trump Media & Technology Group (TMTG) public sued ARC Global Investments II, its biggest investor. At issue is a critical vote that could...
Digital World (DWAC): Is it safe to buy Trump SPAC stock?
Digital World (NASDAQ: DWAC) stock price has come under pressure in the past few weeks as traders assess the impact of Donald Trump's financial woes. The stock crashed to a monthly low of $32.25 on Tuesday before bouncing back to...
Why a Steve Mnuchin-Run TikTok Is Bad News for Investors
This week, the House of Representatives passed a bill that caught the attention of the entire country. Under the bill, popular social media app TikTok will be banned in the U.S. unless its Chinese conglomerate ByteDance agrees to sell it.
Donald Trump Discussed Selling Truth Social To Elon Musk, Report Says
Former President Donald Trump discussed selling his social media site Truth Social to Elon Musk last summer, the Washington Post reported Tuesday, at the same time the company that planned to take the social network public faced an SEC investigation...
Donald Trump once offered to sell Truth Social to Elon Musk, report says
Donald Trump once suggested that Elon Musk should buy Truth Social, The Washington Post reported. The talks went nowhere last summer, but Trump has continued to promote the idea to his circle.
Source: https://incomestatements.info
Category: Stock Reports