FUBO fuboTV Inc
fuboTV, Inc. is a digital entertainment company. The company is focused on offering consumers a live television (TV) streaming platform for sports, news and entertainment through fuboTV. fuboTV is a virtual multichannel video programming distributor (vMVPD) that streams in 4K. Its subscription-based services are offered to consumers who can sign-up for accounts at https://fubo.tv, through which it provides basic plans with the flexibility for consumers to purchase the add-ons and features suited for them. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.
Company profile
Ticker
FUBO
Exchange
Website
CEO
David Gandler
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Brick Top Productions, Inc., CAROLCO PICTURES, INC., FaceBank Group, Inc., Pulse Evolution Group, Inc., Recall Studios, Inc., York Entertainment, Inc.
SEC CIK
Corporate docs
FUBO stock data
()
Investment data
Securities sold
Number of investors
Calendar
16 Nov 20
22 Jan 21
31 Dec 21
News
Financial summary
| Quarter (USD) | Sep 20 | Jun 20 | Mar 20 | Sep 19 | |
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| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from fuboTV earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 40.14M | 40.14M | 40.14M | 40.14M | 40.14M | 40.14M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 100.72M | 37.05M | 10.05M | 5.8M |
| Cash used (since last report) | n/a | n/a | 378.61M | 139.26M | 37.76M | 21.82M |
| Cash remaining | n/a | n/a | -338.47M | -99.12M | 2.38M | 18.32M |
| Runway (months of cash) | n/a | n/a | -3.4 | -2.7 | 0.2 | 3.2 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 7 Jan 21 | David Gandler | Common Stock | Option exercise | Aquire M | No | 0.22 | 3,000 | 660 | 5,674 |
| 7 Jan 21 | David Gandler | Employee Stock Option Common Stock | Option exercise | Dispose M | No | 0.22 | 3,000 | 660 | 203,322 |
| 31 Dec 20 | Comcast | Common Stock | Sell | Dispose S | No | 30.06 | 500,000 | 15.03M | 0 |
| 31 Dec 20 | Comcast | Common Stock | Conversion | Aquire C | No | 0 | 500,000 | 0 | 500,000 |
| 31 Dec 20 | Comcast | Series AA Convertible Preferred Stock Common Stock | Conversion | Dispose C | No | 0 | 250,000 | 0 | 3,477,886 |
| 14 Dec 20 | Par-Jorgen Parson | Employee Stock Option Common Stock | Grant | Aquire A | No | 27.15 | 16,795 | 455.98K | 16,795 |
| 25 Nov 20 | Ignacio Figueras | RSU Common Stock | Grant | Aquire A | No | 0 | 85,000 | 0 | 85,000 |
| 23 Nov 20 | David Gandler | Common Stock | Sell | Dispose S | No | 24.87 | 26 | 646.62 | 2,674 |
| 23 Nov 20 | David Gandler | Common Stock | Option exercise | Aquire M | No | 0.22 | 2,700 | 594 | 2,700 |
| 23 Nov 20 | David Gandler | Employee Stock Option Common Stock | Option exercise | Dispose M | No | 0.22 | 2,700 | 594 | 206,322 |
Institutional ownership Q3 2020
13F holders |
Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 0 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|
Content analysis
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H.S. junior Avg
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New words:
absence, accuracy, adhere, advisory, ahead, Altice, area, Assent, assignment, attest, betting, Brexit, brought, capable, capped, cast, CDA, CECL, clerk, climate, commonplace, contrary, correct, COSO, counterparty, country, Cox, criminal, curve, Decency, derecognized, disagree, divergent, EEA, embodied, eradicate, Europe, exposure, FCC, filer, furnished, GCP, Hulu, immunity, impracticable, inattentive, incumbent, invalidated, invention, inverted, Justice, Kingdom, KPMG, lawfully, lesser, library, LLP, lost, mediation, misstatement, monopoly, numerical, NYSE, occasion, outlook, pace, palpable, parent, predominantly, prejudice, Prime, ramp, reasserted, reconcile, resource, Royal, scaled, seizure, Shield, Sling, slower, sound, spectrum, speculative, Sponsoring, strike, substantive, Subtopic, susceptible, Switzerland, Treadway, unclear, undesirable, unprepared, unregulated, variation, viable, void, voided, voiding, volume, wave, win, YouTube
Financial reports
10-Q
2020 Q3
Quarterly report
16 Nov 20
10-Q/A
2020 Q2
Quarterly report (amended)
15 Sep 20
10-Q
2020 Q2
Quarterly report
13 Aug 20
10-Q/A
2020 Q1
Quarterly report (amended)
11 Aug 20
10-K/A
2019 FY
Annual report (amended)
11 Aug 20
10-Q
2020 Q1
Quarterly report
6 Jul 20
NT 10-Q
Notice of late quarterly filing
29 Jun 20
10-K
2019 FY
Annual report
29 May 20
NT 10-K
Notice of late annual filing
18 May 20
NT 10-K
Notice of late annual filing
31 Mar 20
Current reports
8-K
Fubotv Announces Preliminary Fourth Quarter 2020 Revenue and Subscriber Growth
5 Jan 21
8-K
Departure of Directors or Certain Officers
18 Dec 20
8-K
Entry into a Material Definitive Agreement
18 Dec 20
8-K
Departure of Directors or Certain Officers
3 Dec 20
8-K
Fubotv Announces Q3 2020 Results
10 Nov 20
8-K
Fubotv Announces Upsize and Pricing of Public Offering
14 Oct 20
8-K
Entry into a Material Definitive Agreement
6 Oct 20
8-K
Amendments to Articles of Incorporation or Bylaws
30 Sep 20
8-K
Laura Onopchenko Appointed
24 Sep 20
8-K
Results of Operations and Financial Condition
15 Sep 20
Registration and prospectus
424B3
Prospectus supplement
28 Dec 20
S-8
Registration of securities for employees
17 Dec 20
S-1/A
IPO registration (amended)
10 Dec 20
S-1
IPO registration
30 Oct 20
424B4
Prospectus supplement with pricing info
9 Oct 20
S-1/A
IPO registration (amended)
5 Oct 20
8-A12B
Registration of securities on exchange
2 Oct 20
S-1/A
IPO registration (amended)
1 Oct 20
S-1/A
IPO registration (amended)
15 Sep 20
S-1
IPO registration
11 Aug 20
Proxies
DEF 14A
Definitive proxy
19 Nov 20
PRE 14A
Preliminary proxy
2 Nov 20
DEF 14C
Information statement
14 Jul 20
PRE 14C
Preliminary information
1 Jul 20
DEF 14C
Information statement
4 Sep 19
PRE 14C
Preliminary information
9 Aug 19
DEF 14C
Information statement
7 Jan 19
PRE 14C
Preliminary information
6 Dec 18
DEF 14C
Information statement
19 Oct 17
PRE 14C
Preliminary information
28 Sep 17
Other
EFFECT
Notice of effectiveness
15 Dec 20
CORRESP
Correspondence with SEC
10 Dec 20
UPLOAD
Letter from SEC
10 Nov 20
EFFECT
Notice of effectiveness
8 Oct 20
CORRESP
Correspondence with SEC
5 Oct 20
CORRESP
Correspondence with SEC
5 Oct 20
UPLOAD
Letter from SEC
20 Aug 20
EFFECT
Notice of effectiveness
25 Apr 13
EFFECT
Notice of effectiveness
8 Aug 12
CORRESP
Correspondence with SEC
3 Aug 12
Ownership
4
fuboTV / David Gandler ownership change
12 Jan 21
4
Change in insider ownership
5 Jan 21
SC 13G/A
fuboTV / Discovery ownership change
5 Jan 21
4
Change in insider ownership
29 Dec 20
SC 13G
fuboTV / Islet Management ownership change
28 Dec 20
SC 13G/A
fuboTV / FBNK Finance S.a r.l. ownership change
18 Dec 20
4
fuboTV / Par-Jorgen Parson ownership change
16 Dec 20
4
fuboTV / David Gandler ownership change
16 Dec 20
4
fuboTV / Alberto Horihuela ownership change
11 Dec 20
3/A
Initial statement of insider ownership (amended)
5 Dec 20