
fuboTV Inc. (FUBO) is a television streaming platform for live sports, news, and entertainment content. Its fuboTV platform allows customers to access content through streaming devices and on SmartTVs, computers, mobile phones, and tablets. The company operates through two segments: streaming and online wagering.
FUBO management aims to achieve positive cash flow and AEBITDA by 2025. Although the company focuses on reducing cash burn, FUBO’s North American subscription revenue in the last reported quarter grew 70% year-over-year, while its ad revenue increased 32% year-over-year.