Facebook is making cool cash!! See their last financial report

Facebook recently released their financial reports from last quarter, and the outcome truly brings smiles to certain faces. The company now boasts of about 1.59 billion monthly active users (this last quarter alone), and $5.84 billion  in revenue. It was reported that 80% of the revenue was generated from mobile. Interesting.

Facebook-stats

Below are some other highlights from the report:

  • Revenue – Revenue for the full year 2015 was $17.93 billion, an increase of 44% year-over-year.

  • Income from operations – Income from operations for the full year 2015 was $6.23 billion.

  • Net income – Net income for the full year 2015 was $3.69 billion.

  • Free cash flow – Free cash flow for the full year 2015 was $6.08 billion.

  • Daily active users (DAUs) – DAUs were 1.04 billion on average for December 2015, an increase of 17% year-over-year.

  • Monthly active users (MAUs) – MAUs were 1.59 billion as of December 31, 2015, an increase of 14% year-over-year.

Not forgetting the level of activity on WhatsApp, Messenger, and Instagram – all franchises under Facebook. This

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Chibueze is an award-winning gadget reviewer and geek. He loves research, while living and breathing tech. You can reach him on Facebook, Twitter ,OR LinkedIn

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