Just a few moments ago, Facebook officially filed an S-1 for an initial public offering seeking to raise $5 billion. Here are a few key findings…
– 845 million monthly active users, year over year growth of 39%
– 483 million daily active users as of December, year over year growth of 48%
– 425 million monthly mobile users
– 100 billion friend connections as of December 31, 2011
– 2.7 billion Likes and comments per day during the last quarter of 2011
– $1 billion in profits in 2011
– $3.7 billion in revenues in 2011, soaring 88% between 2010 – 2011
– Profits grew 65% from $606 million in 2010
– Zynga makes up 12% of overall Facebook revenue
– Google posted $961.8 million in revenue and $105.6 million in profit when it initially went public…Facebook’s profits are nearly 10x heading into its IPO
– Facebook 2011 profits were 1.6x that of Amazon, which posted a 45% drop in net income between 2010 and 2011 at $631 million
Source: Latest News on Social Media