To The Moon

This will be my afterthoughts to Tiger_chat 's question of whether an investor profits from a good company or a good price ? To that I have asked, "why not both" ? Wouldn't that have more upside comparatively speaking ? Having covered a handful of US banks, I am keen to look at other Non-bank companies. So for a change, lets take a look at Entertainment stock - , its Q4 2022 earnings and see if it still fits the bill. Sidetrack: I have covered (1) an investment management company, (2) a healthcare company and (3) 7 financial institutions; to test out this theory. Goldman Sachs - Click here to read. Like the post ok. Tks. Morgan Stanley - Click here to read. Like the post ok. Tks. BlackRock - Click here to read it. Like the post ok. Tks. UnitedHealth Grp - Click here to read. Like the post ok. Tks. Citigroup - Click here to read. Like the post ok. Tks. JP Morgan - Click here to read. Like the post ok. Tks. Bank of America - Click here to read. Like the post ok. Tks. Wells Fargo Inc - Click here to read. Like the post ok. Tks. Jefferies Financial Group - Click here to read. "Like" the post ok. Tks. An American subscription video on-demand over-the-top streaming service and production company based in Los Gatos, California. Founded in 1997 (25 years young company) by Reed Hastings and Marc Randolph in California. Is a member the Motion Picture Association. In Y2K, Netflix held off its plan for Initial Public Offer (IPO) due to the dot com bubble burst 2 years later, on 29 May 2002, Netflix went public, selling 5.5 million shares of common stock at US$15.00 per share. It ranked #115 in Fortune 500 list of companies for year 2022 It has approximiately 222 Million subscribers; as of Sep 2022 and is continuously finding ways to grow its subscribers base. As of 2023, according to US News, Reviews, PC Mags etc.. - Netflix is still the #1 On Demand streaming platform. Offers a film & television series library through distribution deals; as well as its own productions, known as Netflix Originals. Out of 195 countries in the world, Netflix is available in at least 190 countries except China, Russia, North Korea and Syria. In 2022, a year where US market has been hammered by extreme volatility and ease of covid pandemic restrictions - how did Netflix fare ? Current stock price < 20 Jan 2022 stk price by -37.87%. Potential upside ? NetFlix - Summary Total revenue came in at $7.85 Billion vs $7.71 Billion (Q4 2021); thats a +1.82% QoQ gain However, net income was only $55 Million vs $1.44 Billion (Q4 2021); thats a -96.18% QoQ loss With that, earnings per share was $0.12 vs $1.33 (Q4 2021); again a -90.98% QoQ loss Is it alright to assume that Year 2021 earnings were an exception rather than a norm ? Given that year 2021 was right smack when Covid was most rampant and lockdown was the name of the game ? Netflix - Customer Base I have come to realized that customer base criteria is important for customer-based oriented stock. Eg. $UnitedHealth(UNH)$ in healthcare and now Netflix. Total customers for year 2022 was 231 Million paid memberships, generating $32 Billion revenue and $5.6 Billion in operating income. NetFlix - Operating Statistics NetFlix - Other information Global paid net subscribers: 7.66 million adds, compared to 4.57 million subscribers expected, according to StreetAccount estimates. That's a +67.61% above expectations. Net cash from operating activities was $2.0 Billion and $1.6 Billion in Free cash flow (FCF). Netflix's CEO on Q4 2022 Results: “2022 was a tough year, with a bumpy start but a brighter finish. We believe we have a clear path to reaccelerate our revenue growth: continuing to improve all aspects of Netflix, launching paid sharing and building our ads offering,” the company said in a letter to shareholders. “As always, our north stars remain pleasing our members and building even greater profitability over time.”.... Reed Hastings, CEO, NetFlix.... . Why Netflix is Both A Good Price and Good Company ? For a start, it was able to bounce back from its low with a vengence ! Entertainment stocks are non-cyclical in nature unlike semiconductors, construction, retail etc.. With interest rates forecasted to continue rising to the 5% terminal rate banding ; its still too early to be seen whether Netflix would be affected by continuous interest hikes in 2023 Netflix does not issue dividends just like Tesla and Meta (ex-Facebook). Comparing its current stock price and 20 Jan 2022 stock price, there is a potential upside of +37.87% If Netflix is able to (a) continue grow its customer base consistently, (b) eradicate the perennial issue of account password sharing and most importantly (c) bring in additional advertising dollars - the future is limitless. Do you think Netflix will be able to keep up its good of enlarging its customer's base in 2023 ? Do you think there are other better Entertainment stock/s out there ? Please "LIKe" this post ok. Thank you. The rating is very important to me. @TigerStars @CaptainTiger @MillionaireTiger @Daily_Discussion @Tiger_SG @TigerPM