April 10, 2021

Earn 39% more in 2018 and increase the number of users

Earn 39% more in 2018 and increase the number of users


MadridUpdated:

Facebook has announced that it closed its fiscal year 2018 with some benefits of 22,112 million dollars, which meant an increase of 39% over the previous year despite the multiple controversies that have shaken the company.

The most used social network in the world has entered between January and December 2018 a total of 55,013 million, an increase of 38% compared to the 39,940 million billed at the end of 2017, and its shareholders obtained a profit of $ 7.57 per share, compared to $ 5.39 last year.

The firm based in Menlo Park (California, USA) has also seen increase during the last twelve months by 9% the number of active daily users, which stood at 1,520 million worldwide, while monthly active users grew to 2,320 million.

The operating results (before interest and taxes) of the company managed by Mark Zuckerberglast year they have placed 24,913 million dollars, above the 20,203 million of 2017.

The advertising business in mobile phone applications owned by Facebook continued to grow and already represents 93% of total company advertising revenue, above the 89% that it supposed in 2017.

The social network presses the accelerator

In terms of quarterly results, which most analysts paid attention to on Wall Street today, the Menlo Park firm has won 6,882 million between October and December 2018, 61% more than the 4,268 in the same period of the previous year.

The income of Facebook have risen in the last quarter of the year to 16.64 billion dollars, 30% more, and investors took $ 2.38 per share, compared to 1.44 at the end of 2017.

«Our community and business continue to grow. We have fundamentally changed how we manage our company to focus on social problems, and we're investing in creating new and inspiring ways for people to connect with each other, "said Facebook CEO and co-founder Mark Zuckerberg.

The good results of the company liked on Wall Street and Facebook shares revalued 8.10% up to $ 162.5 per share in electronic transactions after the closing of the New York markets.

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