Business
Here’s why Netflix will one day be a cash cow // Motley Fool Australia
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
It wasn’t long ago when Netflix Inc‘s (NASDAQ: NFLX) negative cash flow was a hot topic among investors following the company. But the streaming-TV giant showed a starkly different financial profile in 2020, swinging from burning through billions of dollars annually in 2019 to generating billions of dollars, or positive free cash flow.
While this free cash flow level isn’t sustainable in the near-term (more on this below), it hints at what’s to come. In fact, it wouldn’t be surprising to one day see Netflix generate more than $10 billion annually in free cash flow.
Here’s a closer look at the free cash flow teaser you…
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