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Go do some research. Facebook had REVENUE of $1Bn when it listed...

  1. tomh
    82 Posts.
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    08/07/20
    13:22
    Post #: 45722590
    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.
    APT Price at posting: $66.50 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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