Netflix valuation hits $100bn

Netflix reported 8.3 million new subscribers in the past three months, sending the streaming giant’s value to over $100 billion for the first time. Netflix made $11.7 billion in 2017, but losses topped $1.9bn


Global streaming members (millions)

$ million Annual revenues

$ million Free cash flow*
*Cash from operations minus capital expenditures
 
62.3 65.6 69.2 74.8 81.5 83.2 86.7 93.8 98.7 104.0 109.3 117.6
$6,779.5m $8,830.7m $11,692.7m

2018: Cult science fiction series Altered Carbon expected to attract new subscribers


2015 				2016 				2017
Q1 	Q2 	Q3 	Q4 	Q1 	Q2 	Q3 	Q4 	Q1 	Q2 	Q3 	Q4
-$140.4	-$208.9	-$233.8	-$257.6	-$237.0	-$237.1	-$489.3	-$618.2	-$396.4	-$599.8	-$453.6	-$509.5


-$840.7m
2015: Free cash flow turns negative as company spends on programming content

-$1,581.6m

-$1,959.3m


Source: Netflix quarterly earnings reports
Picture: Mythology Entertainment
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