I have elaborated Charts to explain why META plummeted and why we should (if) be concerned

by | Nov 2, 2022 | Resources | 11 comments

I have elaborated Charts to explain why META plummeted and why we should (if) be concerned

Here we go. A very clear chart showing the trend of META’s **quarterly revenue**, the polemic **R&D expense as a % of total revenue** and the **Free Cash Flow generated in the same period**. I have plotted the last 9 periods (quarters) so you can see the trend and then we will compare with the chart of Meta share price where you will see clearly why/how the market is concerned.

Take 1 minute to read properly and understand the trend:

[Yes, FCF my friends. The FCF!!!!!!](https://preview.redd.it/e8n65aywxsw91.jpg?width=791&format=pjpg&auto=webp&s=b4a4451bb8606c90e5ebc61359f7a8730f7234d7)

So what is the problem with the above chart?

The FCF has been ERASED! The only big tech that has decided to smash its cash flow generation capacity. Zuck doesn’t care. He is all in into the METAVERSE. F\* you shareholders. Investment returns? You should have bought APPLE.

That’s why you see the following QoQ share price action in the same period (I have plotted 99$ in Sep 30, but it should be 27 Oct):

​

https://preview.redd.it/ixamkk9jysw91.jpg?width=791&format=pjpg&auto=webp&s=78772ec49e6c324d8e4f48add37ba5476178d434

But hold on, what is all that cash burn rate? What is Zuckerberg doing with our cash?

Well he anounced the following:

​

|In Billions $|2022|2023|
|:-|:-|:-|
|Total Expenses|86|100|

100 F\*ing Billion per year! Hey Regards, he could be buying your entire GME company 12 times each of these 2 years.

But… was this a SHHURPRISE? Mmm… no! This is what he already anounced last year, and the stock did a rally from 320$ to the 340$ after releasing this:

​

[So still spending 10 Billiones below what he told us for FY2022](https://preview.redd.it/82o77zt30tw91.jpg?width=1560&format=pjpg&auto=webp&s=97950cce7dfe04df98895f0b8e0ebf757d69e4ef)

The capital he will allocate in CAPEX will be 33-34 Bn$ each year, in 2022 and 2023. This is basically data centers, servers, and network infrastructure. As he says, “increase in AI capacity”

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So…

how is the cash position of META compared to the other big techs? The below data is Cash and Cash equivalent LESS Debt.

​

https://preview.redd.it/g1h23m1j0tw91.jpg?width=724&format=pjpg&auto=webp&s=8e3dcd3daecd6abddbe16299ebb189ae29ab02a2

The share price is trading where it should be… specially when you see how Apple, Googl and MSFT are already on good track with their business, generating a massive amount of cash. Zuckerberg is DESPERATE and for him this is a survival path.

OCULUS is unique. We can’t discuss this. He is leading the hardware of the METAVERSE. The issue is the software, games, education, office/work application… we still have a close to none adoption rate I’d say, that’s why market is skeptic. Should we give him a chance?

​

Disclaimer: I hold a bag of 200 shares with an avg. of 160$ I beleive… This is not a financial advice, nor I know how to advice you. Just buy APPLE for the long term….I mean do your own research. Ah…I hold a bag of Apple Puts that also hurts.



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I have elaborated Charts to explain why META plummeted and why we should (if) be concerned


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11 Comments

  1. DaGOOS3

    “WHY WASTE TIME SAY LOT WORD WHEN FEW WORD DO TRICK” -KEVIN MALONE

    *Meta suck

  2. bwang29

    Meta doesn’t have bankruptcy concerns, it’s a startup now effectively. The share could drop to $50, but it won’t bankrupt. If the metaverse fails, probably will sell the company to Google or MS for $150+ / share as the core business without the VR spending is worth that much. If the metaverse wins, then expect 3-5x returns minimum

  3. Disaster1992

    Idea wise: I think the metaverse is stupid and it’s taking humanity and technology in the wrong direction
    Money wise: won’t be investing a penny in this company before I see a turn around

  4. dandantheshippingman

    Meta is spending a fuckton of money on something no one is asking for. Meanwhile, Apple is making stuff people want. Simple as that.

    Fast forward a couple years, I highly doubt the metaverse is a thing and if it is, Facebook ain’t gonna be the 800 lb gorilla. My money would be on Apple or Google or some other company we didn’t see coming. Or (gasp) maybe it’s not a corporate thing at all.

  5. Syvaeren

    Something something GME is going bankrupt… lol.

    Looks like Meta might go bankrupt first.

  6. attofreak

    This is the kind of stuff worth knowing.

    Also, what’s going on with AAPL in that chart of Cash and Cash Equivalent less debt chart? “Marketable Securities” are in the negative, and including “non-Marketable” makes it go positive? That’s a sign of AAPL in debt, despite holding huge cash reserves?

  7. trojanmana

    i believe in the metaverse, vr and ar but it’s too early. this is the GM Ev1 all over again.

  8. be_sqrd

    Too much text and explamations for the simple fact no social media survived 20 yrs. Why should mark‘s do better than myspace?

  9. Past-Track-9976

    Thanks for the chart your tl;dr should read: $META is now a zombie company.

  10. DemocracyIsAVerb

    It’s been the worst social media platform for a decade. It’s just a cesspool of racist uncles and unhinged conspiracy theorists. It’s sad that it’s also the platform that older, less tech/media savvy people have made home. Meta made their bed by curating that dumpster fire

  11. Swiftnice

    Lol Zuckberger thinks he can do whatever he wants with other peoples money because he has super voting shares. Just wait until wall street causes his share price to drop even farther and he starts breaching debt covenants.

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