"In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential. But now we’re generating very substantial profit and free cash flow (FCF).
We are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth.
Starting next year with our Q1'25 earnings, we will stop reporting quarterly membership numbers and ARM."
#netflix
https://s22.q4cdn.com/959853165/files/doc_financials/2024/q1/FINAL-Q1-24-Shareholder-Letter.pdf
Andrew /
npub1jy…txp05
2024-04-18 20:36:25
Author Public Key
npub1jy6qms5scl69a98tmhp7rcg2zqf4ckvly560429e6pl065f2e97s3txp05Published at
2024-04-18 20:36:25Event JSON
{
"id": "0a47b4fbaa2d38e47126c71344b9961411c7212f1377001e02ed45af34e73862",
"pubkey": "91340dc290c7f45e94ebddc3e1e10a10135c599f2534faa8b9d07efd512ac97d",
"created_at": 1713472585,
"kind": 1,
"tags": [
[
"t",
"netflix"
],
[
"proxy",
"https://andrew.masto.host/users/andrew/statuses/112294139347877708",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://andrew.masto.host/users/andrew/statuses/112294139347877708",
"pink.momostr"
]
],
"content": "\"In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential. But now we’re generating very substantial profit and free cash flow (FCF). \n\nWe are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth.\n\nStarting next year with our Q1'25 earnings, we will stop reporting quarterly membership numbers and ARM.\"\n#netflix \n\nhttps://s22.q4cdn.com/959853165/files/doc_financials/2024/q1/FINAL-Q1-24-Shareholder-Letter.pdf",
"sig": "99c894929b237cd17ef0bbbd3157229991a8c3cfd4d7579cfe9f3442f70e622ab9e9c9380a0b589b84e83b20abb1bd12b8a03ac8e3f4035173a44396b5b81dbf"
}