Facebook is doing great. To put things in perspective:
- On average, they net around 35 billion a year. With a valuation (MC) of 887 billion.
- On average, Google net around 51 billion a year. With a valuation of 1.8 trillion.
Facebook is making 68% as much as Google, with its valuation at less than half the price. And over the past 4-5 years Facebook's revenue has grown on average 32%/year, while Google grows 23%/year.
Really undervalued company IMO.
And their revenue did grow. They grew year-over-year. Just missed their target by 3%.
- On average, they net around 35 billion a year. With a valuation (MC) of 887 billion.
- On average, Google net around 51 billion a year. With a valuation of 1.8 trillion.
Facebook is making 68% as much as Google, with its valuation at less than half the price. And over the past 4-5 years Facebook's revenue has grown on average 32%/year, while Google grows 23%/year.
Really undervalued company IMO.
And their revenue did grow. They grew year-over-year. Just missed their target by 3%.