00:00 Trident is a social media company for American entrepreneurs.
00:06 It was established 19 years ago, but the shares were listed on March 21,
00:12 which means yesterday, so how was the performance of the shares in the first trading session?
00:17 The price of the shares was listed at $34, which is the highest price range,
00:22 but yesterday's session opened at $47,
00:26 and during the session, the price of the shares rose to $57.80,
00:31 which means that during yesterday's session, the price rose by 70%.
00:34 But after that, the price of the shares returned to $50.44,
00:40 which means that the price of the shares rose by 48% in the first trading session.
00:47 The company raised $748 million,
00:50 and $519 million went to the company, and the remaining amount was distributed to the shares.
00:57 The market value after yesterday's session reached $9.5 billion,
01:02 which is higher than the company's valuation when it was proposed at $6.5 billion.
01:07 This valuation is lower than the valuation in 2021 when the company was evaluated at $10 billion.
01:14 But after that, the inflation and the policy of central banks increased,
01:20 which caused fear among investors, and they began to withdraw from the high-risk origins.
01:26 Therefore, the company's valuation was reverted to $6.5 billion when it was evaluated in 2024.
01:35 As for the company's results in 2023,
01:38 the sales rose 20% to $804 million, which is $667 million in 2022.
01:48 The company lost nearly $90 million last year,
01:52 but it lost less than $159 million in 2022.
01:58 In 2024, the company is expected to achieve $66 million in revenue from data licensing.
02:06 As for the share's profitability, it has reached 8 times higher than Google's share,
02:12 with 6.1 times, but it is less than the Meta share, which has reached 9.7 times.
02:19 Sam Altman is one of the most prominent investors in this company.
02:23 Sam Altman is the CEO of OpenAI.
02:27 The company's wealth rose nearly $200 million after yesterday's session,
02:31 which is more than $600 million.
