Meta (Nasdaq: FB) released its first annual report on February 2 after changing its name from Facebook to Meta, and the stock price fell 20% after the announcement. This article will discuss whether Meta's growth has stalled through the Q4 earnings report, and an overview of Meta's Metaverse-related business development so far. Q4 financial report I will analyze Meta's latest Q4 2021 earnings report in several parts: Revenue and Profitability Active user change Metaverse Vision Revenue and Profitability Meta's business is very easy to understand. Although they changed the name wedding photo retouching services of the company to Meta last year to show their vision for the metaverse, in fact, almost all of the current revenue and profits still come from advertising revenue generated by social media. In 2021Q4, the revenue of the advertising segment accounted for 97.3% of the total revenue, and the revenue of the VR/AR segment accounted for 2.7%. Screenshot_2022-02-10_PM 3_30_31Copy Figure 1: Meta’s advertising revenue over the years, in millions o