In Q4, FuboTV records year-over-year growth.

In Q4, FuboTV records year-over-year growth.

Even after spending $1 million to acquire the French business Molotov, fuboTV's revenue climbed by 144% ($637 million) compared to 2020.  

FuboTV's full-year stats show that paying subscribers have increased by 106% (1.13 million) to close to 2021, with 185,000 of the new customers coming in Q4. This rise has contributed to fuboTV's record year-over-year (YoY) growth for the fourth quarter of 2021, which includes a 119% increase in total revenue of $230 million and a 98% increase in advertising revenue of $25.9 million.  

The growth in customer streaming hours, which is up 96% YoY with 404 million hours streamed during Q4, is reflected in these year-over-year gains. 

The most recent numbers for FuboTV surpass the early projections for the fourth quarter, which predicted $25 million in advertising income and 1.1 million paid members. FuboTV was able to generate stronger unit economics and benefit from inherent operating leverage thanks to these subscription statistics that exceeded expectations. 

Lower subscriber acquisition expenses and an increased attach rate to 2.5 are among the other objectives the company has accomplished. FuboTV believes these advancements will help the company get closer to becoming affordable. 

In addition, the company's 9.7% positive adjusted contribution margin (ACM)—a gain of 104 basis points (bps) above fuboTV's normalised 2020 ACM—undoubtedly helps it remain affordable.  

FuboTV has released its revenue and subscriber forecast for 2022, separating out data for North America and the rest of the globe (which includes the recently acquired French business Molotov) separately.  

North American predictions indicate that Q1 2022 revenue will be between $232 million and $237 million, with FY revenue expected to total between $1.08 billion and $1.09 billion. According to these projections, fuboTV's North American market would produce $1 billion in revenue for the first time ever.  

Regarding the rest of the world, fuboTV predicts sales for Q1 to be between $3 and $6 million, and for FY to be between $15 and $20 million. 

Declaring the end of Q4 to be a "extraordinary year, defined by delivering triple-digit year-over-year growth in total revenue," FuboTV co-founder and CEO David Gandler has expressed his gratitude.