3 ms·
> $36M in the hole? Can we get over this whole financial armchair meme of what a business "loss" is? Most businesses need debt to grow. Q2-2012 - Facebook's E
by mbesto 13y ago
> $36M in the hole?
Can we get over this whole financial armchair meme of what a business "loss" is? Most businesses need debt to grow.
Q2-2012 - Facebook's EBITDA was -616M (that's minus) && Net Income was -157M
Q4-2013 - Facebook's EBITDA was 1.4B (that's B for billions) && Net Income was 523M
Sources -
http://www.wikinvest.com/stock/Facebook_(FB)/Data/EBITDA http://www.wikinvest.com/stock/Facebook_(FB)/Data/EBITDA
http://investor.fb.com/releasedetail.cfm?ReleaseID=695976 http://investor.fb.com/releasedetail.cfm?ReleaseID=695976
http://investor.fb.com/releasedetail.cfm?ReleaseID=821954 http://investor.fb.com/releasedetail.cfm?ReleaseID=821954
- duaneb 13y agoWell it's still unclear Facebook is a good business, they're hardly a good example. I, for one, think it's hilarious how much money goes into the social black hole with minimal appreciable return. But hey, that black hole also pays my bills!