We published part one last week which can be seen here and we are using Facebook as an example as it is well known to almost everyone.
See Part 1 Here
Now that we know the story well, lets go ahead and build the financial model. To do this lets review the latest earnings print (8-K) to see what information we are working with on a quarterly basis. Before we begin, this is a technology stock so you see they give both GAAP and Non-GAAP numbers, generally speaking for technology you use Non-GAAP numbers because tech stocks have quite a bit of stock based compensation (SBC) expense. The 8-K currently does not breakdown revenue by segment within the IS but does give a slight breakout in the comments.
read more
No comments:
Post a Comment