Don't Make the Same Mistake As Netflix...

Don't Make the Same Mistake As Netflix...

Picture this: It's early 2017, and Netflix executives are gathering for what should be a triumphant quarterly earnings call. The streaming giant has been aggressively expanding worldwide, with subscribers in over 190 countries.

But as CFO David Wells takes the mic, his tone is grim.

"We've taken a $39 million hit this quarter due to foreign exchange fluctuations," Wells announces, stunning investors and analysts alike.

How did this happen to one of tech's most savvy players?

The Netflix Nightmare:

  • 2016: Netflix is riding high on international growth
  • Revenue pours in from global subscribers in various currencies
  • But content costs remain largely in US dollars
  • The US dollar strengthens against foreign currencies
  • Suddenly, Netflix's foreign revenue is worth far less

CEO Reed Hastings later reflected, "We got caught flat-footed. We simply didn't have the forex hedging strategies in place to protect us from currency swings."

The aftermath? Netflix stock tumbled 4% on the news. A painful lesson in the importance of currency risk management.

In 2024, they repeated the same mistake!

Don't Let This Be Your Company's Story

Of course not every company is as big as Netflix and able to weather storms like that…

So we think it’s right to reach out to you!

Introducing Fink FX: Your Shield in the Global Financial Storm

We've distilled years of forex expertise into a solution tailored for ambitious, globally-minded companies like yours.

With Fink FX, you'll gain:

  • Cutting-edge FX rates to maximize your international transactions
  • Sophisticated foreign cashflow hedging to neutralize currency exposure
  • A dedicated account manager (meet Freddie, your forex guardian)

Imagine expanding into new markets, confident that your profits are protected from the whims of global currency markets.

Don't wait for your own $39 million wake-up call.

Take control of your global financial destiny today. Open your Fink FX (powered by Finseta) account and get rid of another headache that comes with running an international business.

Open your corporate FX account now!

And make sure you drop your email in at https://fink.money.


I didn’t take this trade and I am KICKING myself

This picture says it all…

This is the power of the Fink Stocks model though.

It spits out ideas that just need to be taken without thinking!

So what if I didn’t think FICO was a good company to buy?

That’s not what the numbers were saying, so I should have stopped thinking and just bought it…


+7.3% in 2 days…

Sigh.


What you NEED to know…

  • Japanese yen is moderating after last week’s brutal unwind. But was it all about the yen?
  • We launched a cohort for a year — it’s super cheap. Reply to this if you would like to fill one of the final spaces (put COHORT in subject).
  • ES retakes the 100 daily moving average after trading below it for the whole of this week! Bullish ????
  • Chance of Fed cutting by 50bps fading as the hours pass.


PS. get 15% off Fink Ultimate here.

Harry Mills

Director at Oku Markets | Business Currency Management | HNW Private Client FX | AFC Wimbledon Sponsor

3 个月

come on in, the water's fine

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