Meta Announces How Much Money It Earns (2023 – 4th quarter)

Metais known as one of the largest technology companies in the world. Because the company; Instagram, Facebook, WhatsApp And Giphy Owner of popular platforms such as. It also operates in the fields of artificial intelligence, AR/VR and advertising. Finally Metashared its financial report for the fourth quarter of 2023. Thus, it became clear how much money he earned.

MetaWhen we look at the financial report shared on its official website, the company expects to start in the fourth quarter of 2024. $40.1 billion We see that it generates income. Accordingly, on an annual basis 25 percent We can say that there has been an increase. The income earned throughout the year is $134.9 billion at the level.

Meta‘s costs and expenses in the fourth quarter $23.73 billion We see that it is. On an annual basis 8 percent There is a decrease in the rate. The costs and expenses of the whole year are $134.9 billion It is reported that . At this point the company December 31, 2023 as of $18.39 billion Let us also point out that it has long-term debt.

As of the end of last year, in total 67 thousand 317 The company, which stated that it had employees, increased its number of employees in the same year. 22 percent decreased by .

Is the metaverse over?  The new address of Threads is fediverse

Is the metaverse over? The new address of Threads is fediverse

Will Meta’s integration of the Threads application into the ‘fediverse’ expand the interaction network between social media platforms?

Average number of daily active users of Facebook in December 2023 2.11 billion It was recorded as . Ad impressions on the platform according to data for the same period 28 percentWhile the average fee paid for advertisements increased by 9 percent experienced a decrease in the rate.

Meta‘s focus on the Metaverse Reality Labs unit in the fourth quarter of 2023 11 billion dollars it only came $46.5 billion reported damage. This figure will increase in 2022 $13.7 billionwas. Although this unit of the company has not been profitable for years, the CEO Mark Zuckerbergis being stubborn on this issue and continues to look positively to the future.

Meta financial report for the fourth quarter of 2023

MetaThe steps taken by will determine the future of the company. So what do you think about this issue? You can share your opinions with us in the Comments section below.

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