fuboTV Unveils 2019 Financials
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FaceBank Group has released its first letter to shareholders, which includes select audited financial results from fuboTV on a stand-alone basis for the year ended December 31, 2019, and certain expected results of fuboTV on a stand-alone basis for the quarter ended March 31, 2020.
Please visit the investor relations websites of FaceBank and fuboTV to view the 2019 letter to shareholders which includes background on the company, select historical financial information for fuboTV on a stand-alone basis, and commentary on streaming and advertising industry trends.
fuboTV intends to use its website as a disclosure channel and investors are encouraged to refer to it, as well as press releases and SEC filings.
FaceBank Group has taken a permissible extension due to COVID-19 to file its Form 10-K for the year ended December 31, 2019 reporting its historical financial results on a pre-merger basis. The financial results for FaceBank Group for the year ended December 31, 2019 will not include results for fuboTV. The unaudited select financial information contained in the CEO letter is preliminary and thus still subject to change. FaceBank Group encourages reading the full set of financial statements and related disclosures and risk factors for both FaceBank Group and fuboTV when they are available.