Fubo sees record income, Subs in 2024

Fubotv, the Sport-First-Live TV streaming platform, has registered its financial results for the fourth fourth and all year round on December 3, 2024. The company closed the entire year in North America with record sales and paid subscribers, reached its first quarter of the positive free cash flow and improved the keychain stability of over $ 100 million (€ 96.06m).

Fubo delivered the year as a whole in North America of 1.58 billion US dollars by sales of 19 percent and 1.676 million subscribers. Fubo closed the fourth quarter with a total turnover of $ 433.8 million of 8 percent in North America and reached his instructions. The average sales per user (ARPU) in the fourth quarter in the region was $ 87.90, an all -time high and an expansion of 1.4 percent.

In the rest of the world (series), the company generated sales of $ 9.4 million of a previous year of 12.1 percent and 362,000 subscribers paid, a decrease of 10.9 percent. Arpu reached 8.50 US dollars, by 24.8 percent in the previous year. ROW contains the results of Molotov, the French Live -TV -Streaming service, which was acquired by Fubo in December 2021.

In a letter to the shareholders, CEO David Gandler and CEO Edgar Bronfman Jr. Our results in our fourth quarter and throughout 2024 reflect the high -quality execution of our company, the resilience in the middle of the industrial change and the constant commitment to the consumer. In 2025 we are proud of our results, significant improvements in almost all aspects of our business and excitement about our dynamics. “

“In 2024 we achieved sales of $ 1.588 billion and subscribers of $ 1.676 million, both record-breaking metrics for our company, which corresponds to growth of 19 percent and 4 percent compared to the previous year. Remarkably, in the course of the year, we have improved improvements in the net loss and the adjusted EBITDA of $ 115 million in the course of the year, the net money, which is provided by operating activities of $ 97 million and free cash flow of USD 104 million. This means that we have improved EBITDA and the Free Cashflow by over 100 million US dollars a year in the past two years. “

“An important priority offers users an extraordinary experience that is characterized by quality, innovation, convincing content and user -friendliness. In 2024 we made strategic investments to support these goals. These investments have already started to achieve results, and we believe that they will continue to offer considerable value for all of our stakeholders. For example, through our investments in product, infrastructure and streaming quality in 2024, our highest year, we drove to over 1.7 billion hours to over 1.7 billion hours. In addition, according to ComScore, Fubo is one of the most watched video services in the USA in 2024. 2024 marked the first time that Fubo was released in the top 10 and ranked over 40 other video services such as Pluto, Prime Video and Tubi. “

“We are also enthusiastic about the agreement that was signed at Walt Disney Company at the beginning of this year to combine Hulu + Live TV with Fubo. We believe that this is a groundbreaking opportunity to establish a leading streaming company that prioritizes the selection of consumers, flexible packages and a state-of-the-art experience. We will continue to present regular updates in the course of the transaction. In addition, we have completed new car agreements with which Fubo can create a new sports and broadcasting service that is tailored to sports fans and we are happy to launch sports season by autumn 2025, ”concluded the letter.