FUBOFuboTV Inc.
Services-Motion Picture & Video Tape Production · $2.6B market cap · 590 employees
14×
More likely than average to be taken private
Top 1% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works
Takeover signals
What an activist or buyer would see: cheap, overpaid, diluted or under pressure.
5of 15 firedHow well they predict deals →
- TSR below peersYes4 of 6 years3+ of last 5 years
- Dilutive SBCYes11% of revenueOver 10% of revenue
- Goodwill-heavyYes66% of assetsOver 40% of assets
- Buyout-sizedYes$2.6B market capMarket cap $500M–$5B
- Recurring revenueYes9 of 1010-K business scored 7+ of 10 for recurring revenue
10 other checks
- High CEO pay despite TSRNo—Median CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo—Cash flow under 80% of net income
- Payouts exceed cash flowNo0% of cash flowBuybacks + dividends over cash flow
- Shareholder dissentNo96% lowest supportAny vote under 80% support
- Low revenue per employeeNo$682K per employeeBottom quartile of its SIC industry
- Quiet on AINo5.8 per 10K words · 85th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- AI-rollup shapedNo1 of 1010-K business scored 5+ of 10 as an AI-rollup target
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo−$3M netNet sales over $10M in 12 months
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Aug 7, 2025 | DEFM14A | The Walt Disney Company | $0.00 | 0% |
| Jul 28, 2025 | PREM14A | The Walt Disney Company | $10.00 | 30% |
Key numbers
- Revenue
- $402M
- 71% YoY
- Operating margin
- -48.7%
- 130% YoY
- EBITDA
- −$157M
- 38% YoY
- Net debt / EBITDA
- —
- −$211M net debt
Financials
| Metric | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $218M | $638M | $1.0B | $1.4B | $402M | 71% |
| Operating income | −$480M | −$328M | −$412M | −$289M | −$196M | 32% |
| Net income | −$570M | −$383M | −$561M | −$287M | −$172M | 40% |
| Operating cash flow | −$149M | −$196M | −$317M | −$178M | −$79M | 55% |
| Capex | $166K | $3M | $1M | $1M | $3M | 155% |
| Stock-based comp | $51M | $53M | $52M | $51M | $43M | 17% |
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Apr 6, 2021 | NZ VIII (GP) Ltd | SC 13D/A | 4.9% | Passive |
| Apr 1, 2021 | NZ VIII (GP) Ltd | SC 13D | 5.1% | Passive |
Insider trading
−$3Mnet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $3M · 5 trades
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 40 | 236 |
| FY2024 | — | — | 12 | 190 |
| FY2023 | — | — | 31 | 135 |
| FY2022 | — | — | 17 | 81 |
| FY2021 | — | — | 151 | 146 |