The total number of subscribers of Netflix, the global internet television network, reached 203.7 million worldwide.
Washington DC
Netflix has announced its balance sheet for the fourth quarter of 2020. Accordingly, the company’s revenue in the fourth quarter of last year reached $ 6.64 billion with an increase of 21.5 percent compared to the same period of the previous year.
The company’s revenue was $ 5.47 billion in the same period last year. Netflix’s revenue increased by 24 percent in 2020 compared to the previous year, reaching $ 25 billion.
The net profit of the company fell by 7.6 percent in the last quarter of 2020 to $ 542.2 million compared to the same period of the previous year.
The company’s net profit in the fourth quarter of 2019 was recorded as $ 587 million. Netflix’s profit per share also fell from $ 1.30 to $ 1.19 over the same period. Netflix’s number of subscribers increased by 37 million in 2020 to 203.7 million.