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FuboTV (FuboTV) Net Income : $-287 Mil (TTM As of Dec. 2023)


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What is FuboTV Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. FuboTV's Net Income for the three months ended in Dec. 2023 was $-70 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-287 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. FuboTV's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.24.


FuboTV Net Income Historical Data

The historical data trend for FuboTV's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FuboTV Net Income Chart

FuboTV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.36 -570.33 -382.84 -561.48 -287.45

FuboTV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -151.98 -83.61 -49.94 -83.81 -70.09

FuboTV Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

FuboTV's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-293.981+0.879+5.185+0.46299999999997
=-287

FuboTV's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-71.437+0.397+0.513+0.43699999999998
=-70

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-287 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


FuboTV  (NYSE:FUBO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

FuboTV's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


FuboTV Net Income Related Terms

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FuboTV (FuboTV) Business Description

Traded in Other Exchanges
Address
1290 Avenue of the Americas, New York, NY, USA, 10104
FuboTV Inc is a sports-first, live TV streaming company, offering subscribers access to tens of thousands of live sporting events annually as well as news and entertainment content. Its platform, FuboTV, allows customers to access content through streaming devices and on SmartTVs, mobile phones, tablets, and computers. The company offers subscribers a live TV streaming service with the option to purchase incremental features available for purchase that include additional content or enhanced functionality best suited to their preferences. The operating segment of the group is Streaming. It has a business presence in the U.S. and other international countries.
Executives
Alberto Horihuela officer: Chief Marketing Officer 1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
John Janedis officer: Chief Financial Officer C/O FUBOTV INC., 1330 AVENUE OF THE AMERICAS, NEW YORK NY 10019
David Gandler director, officer: Chief Executive Officer 1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Julie Haddon director C/O COLOSSEUM ACQUISITION, 190 ELGIN AVE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Comcast Corp 10 percent owner ONE COMCAST CENTER, PHILADELPHIA PA 19103-2838
Edgar Jr Bronfman director 390 PARK AVE 4TH FLR, NEW YORK NY 10022
Daniel V Leff director 300 HAMILTON AVENUE, PALO ALTO CA 94301
John C Textor director, officer: Chief Executive Officer WYNDCREST HOLDINGS, LLC, 150 SOUTH US HIGHWAY ONE, SUITE 500, JUPITER FL 33477
Laura Diane Onopchenko director 1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Ignacio Figueras director 1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Henry Ahn director 1330 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Fbnk Finance S.a R.l. 10 percent owner 1 COTE D'EICH, LUXEMBOURG N4 L-1450
Par-jorgen Parson director 5-9 UNION SQUARE WEST, 3RD FLOOR, NEW YORK NY 10003
Tfcf America, Inc other: See footnote (1)(2) 500 SOUTH BUENA VISTA STREET, BURBANK CA 91521
Discovery, Inc. 10 percent owner 230 PARK AVENUE SOUTH, NEW YORK NY 10003