Netflix’s production company in Spain had a net profit of €2 million in 2022.
This, according to Cinco Dias, quoting Los Gatos Entertainment Spain’s accounts, was 55.7% more than the €1.29 million posted the previous year.
It adds that the company had revenues of €27.22 million in 2022, up from €17.78 million (+53.04%) a year earlier.
Its operating profit was €2.77 million (€1.57 million, +76.13%) and it paid €713,423 in taxes on its profits.
The latter figure was almost three times more than the €259,044 in 2021.