Go do some research. Facebook had REVENUE of $1Bn when it listed in 2012 with a market cap of US$15Bn.
It had NET INCOME of $205M. That is Facebook was making a profit. It was trading on an EV/EBITDA multiple of 73. Compared to APT trading on a multiple of 700 times and who knows whether they're making a profit or a loss. They haven't told the market.
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Go do some research. Facebook had REVENUE of $1Bn when it listed...
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