Netflix 2020 grew particularly strongly. The streaming provider 36 won 5 million paying subscribers, including 8.5 million in the fourth quarter. This value is 42 percent above Netflix’s own expectations. In total, the company now has almost 204 million paying subscribers, i.e. the symbolic mark of 200 Millions exceeded. In the current quarter, Netflix expects an influx of six million additional customers.

The coronavirus year was also financially 2020 good for Netflix. Sales increased by a quarter to around 25 billion US dollars (currently around 21 Billion euro). Operating profit grew by three quarters to $ 4.6 billion, and net profit by almost half to $ 2.8 billion.

Positive cash flow Netflix has turned the corner when it comes to cash flow from ordinary operations: 2019 has the company burned $ 2.9 billion, 2020 it achieved positive cash flow of $ 2.4 billion For free cash flow, which is not calculated according to recognized accounting standards, the situation looks similar with a turnaround from minus 3.3 billion to plus 1.9 billion dollars.

Netflix emphasizes that it intends to finance day-to-day business in the future without new debt or stock issues, if one disregards an unused credit line of 750 million dollars. At the same time, the company is holding out the prospect of a new share buyback program. After the quarterly figures were announced on Tuesday evening, Netflix shares rose by a good twelve percent in after-hours trading.

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