For fuboTV (FUBO) stock, what investors care most is the company's net revenue and net loss. Although the company said that its revenue increased 98% year-on-year in the fourth quarter of 2020, its net loss was nearly 6 times than the same period last year. That may be a main reason which causing the stock falling over the past three months.
The company said that due to the seasonality, its Q1 has been softer than Q4. So, its net revenue and subscribers increase would be declined for Q1 of 2021 than Q4 of 2020. However, on full-year of 2021, the company expected that its net revenue and subscribers will increase by 76-80% and 39-41%, respectively.
So, is FUBO stock worth a buy now?
In 2020, the company had a total of $233 million on subscriber-related expenses and broadcasting expenses. If the company wants to improve its profitability, it needs to reduce the expenses of this section, and to quickly improve its market share in streaming video and interactive sports wagering. However, that's a long story for FUBO, and investors need to know about this point as well.
Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.