Netflix grew its revenue in the UK to £1.54bn in the year to December 2022, a rise of 12% on 2021’s figure of £1.38bn.

The figures were disclosed by Netflix Services UK, the entity registered with Companies House for its UK operations.

Netflix said the increase in revenue came from a larger member base with a 4% growth in the average number of paid memberships and a 14% increase in average monthly revenue per paying membership.

Operating profit from the year ending 31 December 2022 was £31.6m with a profit after tax amounting to £26.7m, up from the 2021 figure of £22.7m.

 

 

Jon Creamer

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