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Financial statements

FuboTV Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data FuboTV Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue0.960.020.044.272186381,0091,3681,623
Cost of revenue0.790.010.01
Gross profit0.170.020.03
Research and development0.1630.255.469.367.780
Selling and marketing0.4963.1136184207202
General and administrative0.250.281.196.7513.377.68981.264.375.1
Operating expenses3.221.191.191543.26989671,4211,6581,819
Operating income-3.05-1.17-1.14-15-38.9-480-328-412-289-196
Interest expense-0.340.170.912.6514.213.720.9
Interest income02.5117.16
Other non-operating income4.56-8.6911.6-0.24-4.51-129-26.2-14.9-4.6318.9
Pre-tax income10.5-15.2-43.4-609-354-427-294-177
Income tax-2.11-5.27-9.66-2.68-1.67-0.880.66
Income from continuing operations-571-352-425-293-174
Net income to minority interests-0.03-0.03-2.48-3.77-29.1-0.13-0.44-0.46-3.84
Net income-7.58-10.110.5-10.6-34.4-570-383-561-287-172
EBITDA-3.05-1.17-1.14-6.75-18.1-436-291-375-253-157
EPS, basic-5,725.00-1,662.007.12-2.37-1.57-12.82-2.78-3.08-1.04-0.54
EPS, diluted-5,725.00-1,662.000.74-2.37-1.57-12.82-2.78-3.08-1.04-0.54
Shares, basic (weighted)00.011.474.4822.344.5137182276320
Shares, diluted (weighted)00.012.174.4822.344.5137182276320

Balance sheet

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents0.050.080.080.037.62135371337245161
Receivables0.018.917.534.34480.371.1
Inventory0.05
Other current assets0.0101.454.2813.613.520.816.7
Total current assets0.060.120.080.0318157429437387274
Property, plant and equipment00.010.010.341.775.114.984.846.08
Lease right-of-use assets3.524.6434.735.935.831.8
Goodwill150228478620619623615
Intangible assets136117216204172158134
Other non-current assets0.020.093.023.5317.810.2
Total assets0.310.120.092863688591,3701,2781,2331,077
Accounts payable0.020.050.112.4836.431.255.86774.367.8
Accrued liabilities0.130.420.65.8620.4126215264320336
Deferred revenue0.0217.444.365.490.298.4
Short-term debt24.3
Total current liabilities5.6914.63.1918.667.4227337439517515
Long-term debt44
Lease liabilities2.713.8631.739.338.133
Other non-current liabilities0.1301.571.6416
Total liabilities5.6914.43.1953.6145236699874949897
Total debt44
Paid-in capital6.387.378.052282578541,6911,9722,1372,219
Retained earnings-11.6-21.6-11.2-21.8-56.1-626-1,009-1,558-1,846-2,018
Other comprehensive income-0.770.17-0.64.22-4.87
Shareholders' equity-5.37-14.4-3.1233223
Minority interests-0.16-0.1926.722.6-11.1-11.2-11.7-11.8-15.6
Total equity-5.37-14.3-3.1233223623671402284181
Total liabilities and equity0.310.120.092863688591,3701,2781,2331,077
Shares outstanding00.0179.87.5328.991.7154210299339

Cash flow statement

FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income-7.61-10.110.5-13.1-38.1-599-383-562-288-176
Depreciation and amortization0008.2220.84437.736.736.538.5
Stock-based compensation1.940.321.1250.753.252.551.242.5
Deferred income tax-2.11-5.27-9.66-2.68-1.67-10.22
Change in receivables0.01-0.01-0.017.71-12.6-15-9.78-36.29.03
Change in payables0.010.090.070.185.48-39.18.73126.64-5.75
Cash from operations-0.92-0.6-0.61-3.151.73-149-196-317-178-79.5
Capital expenditures-0.01-0.18-0.17-3.41-1.13-1.07-2.73
Acquisitions2.30-22.900
Purchases of investments-1000-3.50
Cash from investing-0.250.18-0.011.51-1.46-76.2-12.4-25.4-15.8
Debt issued0.31
Debt repaid-0.01
Stock issued0.340.183.133.592.183.010.830.370
Cash from financing1.050.450.623.114.3527951229611111.5
Net change in cash-0.110.03-0.057.59129240-32.9-91.8-83.8
Free cash flow-0.621.56-149-199-318-179-82.2
Interest paid0.010.020.590.175.378.0213.813.214.9
Income taxes paid000.260.25

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $9.64 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-1.5%Operating income / revenue.
EBITDA margin0.6%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-1.4%Pre-tax income / revenue.
Net margin-0.7%Net income / revenue.
FCF margin-8.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-8.5%Cash from operations / revenue.
Return on assets (ROA)-0.9%Net income / average total assets.
R&D / revenue1.5%Research and development expense / revenue.
Stock-based pay / revenue0.8%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.0%Capital expenditures / revenue.
D&A / revenue2.1%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y18.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y36.5%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y228.1%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y-12.6%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-7.7%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y24.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y15.7%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y32.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y70.3%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.00xCurrent assets / current liabilities.
Quick ratio0.26x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.26x(Cash + short-term investments) / current liabilities.
Liabilities / assets33.0%Total liabilities / total assets.
Interest coverage-6.35xOperating income / interest expense.
Working capital$4.0MCurrent assets - current liabilities.
Goodwill and intangibles / assets75.8%(Goodwill + intangible assets) / total assets.

Efficiency

MetricValueHow it is calculated
Asset turnover1.27xRevenue / average total assets.
Fixed asset turnover871xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted-$0.40Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$152.07Revenue / diluted weighted shares.
FCF per share-$12.96Free cash flow / diluted weighted shares.
Operating cash flow per share-$12.93Cash from operations / diluted weighted shares.
Cash per share$7.03(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$1.05BShare price x shares outstanding.
Enterprise value$822.4MMarket cap + total debt - cash - short-term investments.
P/S0.21xMarket cap / revenue.
EV/Sales0.17xEnterprise value / revenue.
EV/EBITDA26.9xEnterprise value / EBITDA, when both are positive.
FCF yield-40.3%Free cash flow / market cap.
Earnings yield-3.3%Net income / market cap (the inverse of P/E).
What was FuboTV Inc.'s revenue in fiscal 2024?

FuboTV Inc. reported revenue of $1.62B for fiscal 2024, 18.6% higher than the year before.

Was FuboTV Inc. profitable in fiscal 2024?

No. It reported a net loss of $172.3M.

How much free cash flow did FuboTV Inc. generate in fiscal 2024?

Cash from operations of $79.5M minus capital expenditures of $2.7M left free cash flow of -$82.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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