Prior to reading, do note that if there was any difference in information between this article and my previous write up (Part 1 and Part 2), then information in this article will take precedence as I may have new opinion or new information.
| Picture taken from TechCrunch |
FUBO has just released their 4Q21 financials on 23 Feb 2022.
In this article, I will be writing on
"What You Knew" and
"What You Might Missed Out".
Here is a summary of "What You Knew" - taken from shareholder letter and transcript:
Financials/Subscribers Count (Excluding Impact from Molotov)
- Total Revenue has increased 119% year-over-year to $637 million.
- Added approximately 185,000 net subscribers, bringing our total subscribers to over 1.13 million.
- An increase of 106% year-over-year compared to just 38% growth for the entire virtual MVPD market over the same period.
- Ended the quarter with $379.4 million in cash.
- With respect to the increased Subscriber Related Expenses (SRE), FUBO has added some
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