Revenue rose by 20% annually to Rs 1,284 crore between FY20 and FY22, while net profit dropped by 16% to Rs 76.4 crore. Revenue growth was driven by the acquisition of SGS. This however resulted in a sharp drop in the operating margin before depreciation and amortisation (EBITDA margin) to 11.3% in FY22 from 16.8% in FY20.
Many people and companies have made millions on Trump media’s stock
The biggest beneficiary is Trump, the company’s largest shareholder, whose stake is worth more than $5 billion, on paper. No other shareholder comes close, according