Meta Platforms, Inc
-0.19 %
22.75 %
Yet to be announced
Company Overview
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, wearables, and in-home devices. The Reality Labs segment provides augmented and virtual reality related products that help people feel connected, anytime, and anywhere.
Revenue Sources
PassMeta's primary revenue source is digital advertising on its social media platforms. While some advertisers may promote products that could be considered haram, Meta itself acts as an advertising platform and does not directly engage in haram business activities. The company's advertising platform operates similarly to a marketplace where the responsibility lies with the advertisers rather than the platform itself.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $42.31b | $24.76b | - | - | 0.00% | 0.00% |
| Dec. 31, 2024 | $48.39b | $25.02b | - | - | 0.00% | 0.00% |
| Sept. 30, 2024 | $40.59b | $23.24b | - | - | 0.00% | 0.00% |
| June 30, 2024 | $39.07b | $24.22b | - | - | 0.00% | 0.00% |
Based on the financial data from the last four quarters, Meta shows zero interest income and zero interest expense. This indicates that interest-based income and expenses are not material to the company's operations. The company's revenue is primarily derived from its core business operations.
Operational Ethics
FailMeta maintains an R&D center in Israel and has ongoing operations there. The company also has significant operations in China, though direct ties to the Chinese Communist Party are not clearly documented.
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