Netflix Spain profit up 468%
August 10, 2022
From David Del Valle in Madrid
Netflix Spain managed to increase its revenues by 17 times to €579.3 million last fiscal year, including all subscriptions in the country, according to Europa Press.Its profit rocketed to €8.69 million, up 468 per cent, whilst paying just €675,447 in taxes, up 13.89 per cent. Netflix Spain still owes €10.8 million in VAT taxes. The company employs 44 people in Spain.
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