Facebook’s Profits: $1 Billion# Stock
l*r
1 楼
Facebook just filed its IPO registration (SEC doc here) and its financials
are off the charts. Facebook’s IPO document provides the first peek at its
financials.
The company did $3.7 billion in revenues in 2011, and $1 billion in profits.
That’s right. Net income was exactly $1 billion. (I don’t think that was
a coincidence). Profits grew 65 percent last year from $606 million in 2010.
And revenues grew 88 percent. Revenues come primarily from advertising, as
well as payments for virtual goods and platform development fees.
The company has an extremely healthy 27 percent net profit margin (its
operating profit margin is 47 percent). That is right in line with Google’s
net profit margins of 26 percent. Software margins are a beautiful thing.
Facebook’s business throws off a ton of cash. Net operating cash in 2011
was $1.5 billion, up 122 percent from 2010. Free cash flow (a related
measure) was $470 million in 2011. The company ended the year with $3.9
billion in cash.
http://techcrunch.com/2012/02/01/facebook-1-billion-profit/
[发表自未名空间手机版 - m.mitbbs.com]
are off the charts. Facebook’s IPO document provides the first peek at its
financials.
The company did $3.7 billion in revenues in 2011, and $1 billion in profits.
That’s right. Net income was exactly $1 billion. (I don’t think that was
a coincidence). Profits grew 65 percent last year from $606 million in 2010.
And revenues grew 88 percent. Revenues come primarily from advertising, as
well as payments for virtual goods and platform development fees.
The company has an extremely healthy 27 percent net profit margin (its
operating profit margin is 47 percent). That is right in line with Google’s
net profit margins of 26 percent. Software margins are a beautiful thing.
Facebook’s business throws off a ton of cash. Net operating cash in 2011
was $1.5 billion, up 122 percent from 2010. Free cash flow (a related
measure) was $470 million in 2011. The company ended the year with $3.9
billion in cash.
http://techcrunch.com/2012/02/01/facebook-1-billion-profit/
[发表自未名空间手机版 - m.mitbbs.com]