After weeks of frenzied speculation, Facebook has finally filed its first S-1 filing, officially announcing its intentions to go public.
Here are some of the most interesting facts and figures from Facebook’s IPO filing:
1. Facebook has 845 million monthly active users (users who have logged in atleast once a month as of December 31, 2011). Surprisingly, its daily active user count is 483 million, which means that more than half of its total user base logs in at least once every day. It’s official now — Facebook is incredibly addictive.
2. Facebook had more than 425 million users who logged in from mobile phones in December 2011. Now you know why Facebook wants to launch its own smartphone.
3. Facebook users generated 2.7 billion likes and comments every day in December 2011. Around 250 million photos are uploaded every day on Facebook, making it the largest photo sharing site in the world. Additionally, there are more than 100 billion friendships on Facebook, an average of more than 100 per user.
1. Facebook generated around $3.7 billion in revenue in 2011, up 88% from almost $2 billion in 2010.
2. It has an impressively high operating margin of around 47%. It made a net profit of exactly $1 billion in 2011. Surprisingly, it paid almost 41% in taxes, a much higher rate than most other technology companies which have lowered their effective tax rates by routing their money through offshore tax havens. Expect a bump in net profit in the coming years, as Facebook learns these tricks too.
3. It has nearly $4 billion in cash, cash equivalents, and marketable securities. This figure will be bumped up by around $5 billion following the IPO, which will give Facebook even more cash to expand operations and go on an acquisition spree.
Other Interesting Facts:
1. Mark Zuckerberg will retain 57% of the total voting power through various classes of Facebook stock post-IPO. That’s quite high even by recent Silicon Valley standards.
2. We know that Zynga depends on Facebook for most of its revenues, but the relationship is not completely one-sided. Facebook generated around 12% of its total revenue from Zynga in 2011.
Assuming a $100 billion valuation, this is how much the major founders and investors’ stake will be worth after the IPO.
Mark Zuckerberg: $28.4 billion
Dustin Moskovitz: $7.6 billion
Peter Thiel: $2.5 billion
Jim Breyer: $11.4 billion
Stay tuned for more updates. I’ll be scouring the Facebook S-1 filing for interesting tidbits in the coming days.
Check it out here: Facebook S-1 IPO Filing