Tuesday, July 5, 2022
HomeAppleAn Finish To All The Income Hypothesis – TechCrunch

An Finish To All The Income Hypothesis – TechCrunch

You realize what’s superior about in the present day? Fb simply revealed its financials in preparation for public providing.

Bear with me: This implies no extra “leaks” of Fb’s income numbers to spike its valuation in secondary markets. No extra banal and obscure conversations about how Fb is “killing it” at San Francisco bars. It signifies that I’ll by no means have to jot down one other certainly one of these “Report: Blah Blah Blah” posts about Fb income utilizing this Zuckerberg greenback graphic I made for Mike.

(Possibly I’ll repurpose the graphic to be used in one of many inevitable posts we’ll write attempting to pinpoint the corporate’s valuation and strike value. Prepare for the deluge of those till the factor truly goes public in April.)

So now all this “how a lot cash Fb makes?” cat is out of the bag! In accordance with the S-1, Fb made a modest $382,000 in income 2004, $9 million in income in 2005, $48 million in income in 2006 and $153 million in income in 2007, with no reporting of web loss.

Fb does experiences loss for income numbers publish 2006: It made $153 million in income in 2007, with a $138 million loss, $272 million in 2008 with a $56 million loss and was lastly worthwhile in 2009 with a web earnings of $290 million on $777 million in income.

For these of you which are truth checking lovers: The $777 million and $290 million quantity falls in line with press experiences, and analysts had been additionally proper about Fb’s $2 billion in income and $606 million in web earnings for 2010.

Nevertheless sundry experiences had been all around the map for 2011 income (it was truly $3.7 billion), however hit the $1 billion in web earnings proper on the top.

Man, a billion {dollars} in revenue for what’s mainly pushing pixels. Anybody have an in at Fb?




Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments