Financials Meta Platforms, Inc.

Equities

US30303M1027

Internet Services

Market Closed - Nasdaq Other stock markets 21:00:00 02/12/2024 GMT			5-day change	1st Jan Change
592.83 ^USD	+3.22%		+4.91%	+67.49%

12-02	Microsoft-Backed OpenAI Considers Advertising to Boost Revenue	MT
12-02	Trade tensions and tariff tremors

Projected Income Statement: Meta Platforms, Inc.

income-statement-evolution-chart META-PLATFORMS-INC

Fiscal Period: Dezember	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	70,697	85,965	117,929	116,609	134,902	162,974	186,708	210,390
Change	-	21.6%	37.18%	-1.12%	15.69%	20.81%	14.56%	12.68%
EBITDA ¹	39,562	46,069	63,884	49,622	71,956	98,374	114,368	131,439
Change	-	16.45%	38.67%	-22.32%	45.01%	36.71%	16.26%	14.93%
EBIT ¹	28,986	32,671	46,753	28,944	46,751	65,763	75,635	86,018
Change	-	12.71%	43.1%	-38.09%	61.52%	40.67%	15.01%	13.73%
Interest Paid ¹	-	-	-	-125	677	-1,747	-1,148	-2,039
Earnings before Tax (EBT) ¹	24,812	33,180	47,284	28,819	47,428	67,026	76,856	86,935
Change	-	33.73%	42.51%	-39.05%	64.57%	41.32%	14.67%	13.11%
Net income ¹	18,485	29,146	39,370	23,200	39,098	58,568	64,950	73,361
Change	-	57.67%	35.08%	-41.07%	68.53%	49.8%	10.9%	12.95%
Announcement Date	29/01/20	27/01/21	02/02/22	01/02/23	01/02/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	21,082	17,737	18,687	21,470	28,072	26,171	29,077	29,010	33,671	27,908	28,822	27,714	32,165	28,645	31,999	34,146	40,111	36,455	39,071	40,589	46,983	41,936	44,868	46,552	53,694	48,591	51,089	52,411
Change	-	-15.87%	5.36%	14.89%	30.75%	-6.77%	11.1%	-0.23%	16.07%	-17.12%	3.28%	-3.84%	16.06%	-10.94%	11.71%	6.71%	17.47%	-9.11%	7.18%	3.89%	15.75%	-10.74%	6.99%	3.75%	15.34%	-9.5%	5.14%	2.59%
EBITDA ¹	11,599	8,825	9,362	11,460	16,422	15,180	16,900	14,797	17,006	13,178	13,688	10,973	11,783	12,802	16,075	20,098	22,980	20,754	23,100	25,627	28,625	25,308	27,795	29,019	33,065	29,935	32,544	33,183
Change	-	-23.92%	6.08%	22.41%	43.3%	-7.56%	11.33%	-12.44%	14.93%	-22.51%	3.87%	-19.83%	7.38%	8.65%	25.57%	25.03%	14.34%	-9.69%	11.3%	10.94%	11.7%	-11.59%	9.83%	4.4%	13.94%	-9.47%	8.71%	1.96%
EBIT ¹	8,858	5,893	5,963	8,040	12,775	11,378	12,367	10,423	12,585	8,524	8,358	5,664	6,399	7,227	9,392	13,748	16,384	13,818	14,847	17,350	19,746	16,125	17,647	18,927	22,792	18,769	20,532	22,061
Change	-	-33.47%	1.19%	34.83%	58.89%	-10.94%	8.69%	-15.72%	20.74%	-32.27%	-1.95%	-32.23%	12.98%	12.94%	29.96%	46.38%	19.17%	-15.66%	7.45%	16.86%	13.81%	-18.34%	9.44%	7.25%	20.42%	-17.65%	9.4%	7.44%
Charge d'intérêts ¹	-	-	168	-	-	-	-	-	-	-	-	-88	-250	80	-99	272	424	365	259	472	-50	-50	-50	-50	-50	-	-	-
Earnings before Tax (EBT) ¹	9,169	5,861	6,131	8,133	13,055	11,503	12,513	10,565	12,702	8,908	8,186	5,576	6,149	7,307	9,293	14,020	16,808	14,183	15,106	17,822	20,183	16,513	17,946	19,288	23,122	19,163	20,538	21,955
Change	-	-36.08%	4.61%	32.65%	60.52%	-11.89%	8.78%	-15.57%	20.23%	-29.87%	-8.11%	-31.88%	10.28%	18.83%	27.18%	50.87%	19.89%	-15.62%	6.51%	17.98%	13.25%	-18.18%	8.68%	7.48%	19.88%	-17.12%	7.18%	6.9%
Net income ¹	7,349	4,902	5,178	7,846	11,219	9,497	10,394	9,194	10,285	7,465	6,687	4,395	4,652	5,709	7,788	11,583	14,017	12,369	13,465	15,688	17,388	13,887	15,046	16,229	19,351	16,200	17,513	18,606
Change	-	-33.3%	5.63%	51.53%	42.99%	-15.35%	9.45%	-11.55%	11.87%	-27.42%	-10.42%	-34.28%	5.85%	22.72%	36.42%	48.73%	21.01%	-11.76%	8.86%	16.51%	10.84%	-20.14%	8.35%	7.86%	19.24%	-16.28%	8.1%	6.24%
Announcement Date	29/01/20	29/04/20	30/07/20	29/10/20	27/01/21	28/04/21	28/07/21	25/10/21	02/02/22	27/04/22	27/07/22	26/10/22	01/02/23	26/04/23	26/07/23	25/10/23	01/02/24	24/04/24	31/07/24	30/10/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Meta Platforms, Inc.

balance-sheet-analysis-chart META-PLATFORMS-INC

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-54,855	-61,954	-47,998	-30,815	-47,018	-45,690	-62,539	-103,234
Change	-	-212.94%	-177.47%	-164.2%	-252.58%	-197.18%	-236.88%	-265.07%
Announcement Date	29/01/20	27/01/21	02/02/22	01/02/23	01/02/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Meta Platforms, Inc.

Fiscal Period: Diciembre	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	15,102	15,115	18,567	31,186	27,045	38,125	49,565	54,628
Change	-	0.09%	22.84%	67.96%	-13.28%	40.97%	30.01%	10.21%
Free Cash Flow (FCF) ¹	21,212	23,632	39,116	18,439	43,010	48,911	53,288	60,486
Change	-	11.41%	65.52%	-52.86%	133.26%	13.72%	8.95%	13.51%
Announcement Date	29/01/20	27/01/21	02/02/22	01/02/23	01/02/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Meta Platforms, Inc.

Fiscal Period: Diciembre	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	55.96%	53.59%	54.17%	42.55%	53.34%	60.36%	61.26%	62.47%
EBIT Margin (%)	41%	38.01%	39.65%	24.82%	34.66%	40.35%	40.51%	40.89%
EBT Margin (%)	35.1%	38.6%	40.1%	24.71%	35.16%	41.13%	41.16%	41.32%
Net margin (%)	26.15%	33.9%	33.38%	19.9%	28.98%	35.94%	34.79%	34.87%
FCF margin (%)	30%	27.49%	33.17%	15.81%	31.88%	30.01%	28.54%	28.75%
FCF / Net Income (%)	114.75%	81.08%	99.35%	79.48%	110.01%	83.51%	82.04%	82.45%
Profitability
ROA	16.02%	19.92%	24.21%	13.19%	18.83%	22%	21.44%	20.47%
ROE	19.96%	25.42%	31.1%	18.52%	28.04%	33.54%	29.56%	26.41%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	21.36%	17.58%	15.74%	26.74%	20.05%	23.39%	26.55%	25.97%
CAPEX / EBITDA (%)	38.17%	32.81%	29.06%	62.85%	37.59%	38.75%	43.34%	41.56%
CAPEX / FCF (%)	71.2%	63.96%	47.47%	169.13%	62.88%	77.95%	93.01%	90.32%
Items per share
Cash flow per share ¹	12.63	13.4	20.18	18.68	27.05	32.87	38.4	43.33
Change	-	6.13%	50.57%	-7.41%	44.8%	21.51%	16.84%	12.83%
Dividend per Share ¹	-	-	-	-	-	2.014	2.155	2.328
Change	-	-	-	-	-	-	6.99%	8.01%
Book Value Per Share ¹	35.14	44.42	43.68	46.79	58.26	71.84	91.73	106.3
Change	-	26.42%	-1.67%	7.11%	24.53%	23.32%	27.68%	15.85%
EPS ¹	6.43	10.09	13.77	8.59	14.87	22.6	25.33	28.83
Change	-	56.92%	36.47%	-37.62%	73.11%	52%	12.08%	13.83%
Nbr of stocks (in thousands)	2,851,747	2,848,293	2,781,760	2,622,197	2,571,256	2,524,489	2,524,489	2,524,489
Announcement Date	29/01/20	27/01/21	02/02/22	01/02/23	01/02/24	-	-	-