Facebook, Inc. (FB) is one of the largest social media companies in the world and a technology giant with one of the most coveted stocks available. As of April 28, Facebook has a total market capitalisation of R13.2 trillion, making it one of the largest companies in the world by market cap alone.
Facebook’s Initial Public Offering (IPO) launched at R543.91 per share on May 18, 2012. If you invested R10,000 at the IPO, you would have received 18 shares of Facebook common stock.
In determining what those shares would be worth today, it is important to note the following key takeaways:
- Facebook stock saw a significant price drop to R253.80 in September 2012 before it soared to new heights in 2013.
- If you had invested R10 000 in Facebook at the time of its IPO, your current holdings would have a total value of R84 077.64, showing an increase of 760.26%.
- If you had made an initial investment of R10,000 at the all-time low of the company, you would have been able to purchase 39 common shares, meaning that as of April 28, the value of your shares would be R182 168.22, showing an increase of 1 721.68%.
For the first quarter of 2021, which ended in March, Facebook reported revenue of R375 billion, showing a 48% year-over-year increase. Facebook also saw significant increase in people who visited the platform every month, reporting a customer base well over 1.25 billion.
In addition to this, Facebook reports that there are at least 2.7 billion people who use at least one of its services daily and that nearly 3.4 billion people used at least one platform monthly.