Fubo Group (03738) announced interim results. Profit attributable to shareholders of HK$191 million increased by 86.65% year-on-year to maintain the collaborative promotion of the two core markets of China and the US

According to the Zhitong Finance App, Fubo Group (03738) announced results for the six months ended June 30, 2026. The group achieved revenue of HK$1,805 million during the period, up 23.97% year on year; profit attributable to company owners was HK$191 million, up 86.65% year on year; basic profit per share was HK$0.0741.

During the reporting period, new signings were mainly large platform customers, and API services constituted the main source of additional revenue. As the supply of platform content continues to increase, the frequency of works being launched accelerates, and AI-generated and re-created content grows rapidly, customer demand for API calls to store, scan, compare, monitor and dispose of content is rising simultaneously. The pay-as-you-go model enables group services to be embedded deeper into the platform's daily operation process, and the correlation between revenue and customer content scale and usage frequency is further enhanced.

During the reporting period, AI-related revenue driven by the DreamMaker and Max platforms was generated for the first time, mainly including platform computing power service revenue generated by creators using multi-modal models on the platform and monetization revenue generated through Fubo's authorization and management of such assets, marking the Group's AI creation platform entering an early commercialization stage from product construction and user verification. Relevant revenue is still in its early stages, and the Group will continue to improve the creator ecosystem, model supply and commercial transformation capabilities.

During the reporting period, the Group's value-added and other services revenue was HK$1,087 million, up 28.5% year-on-year, accounting for about 60.2% of total revenue. The increase in content supply brought about by AI, monetization opportunities brought about by element-level innovation, deepening cooperation with leading customers, and AI-related revenue generated for the first time by DreamMaker all form the growth momentum for value-added services.

We maintain the collaborative promotion of the two core markets of China and the US, and expand service scenarios based on the core capabilities of digital authorization, relying on digital authorization, content recognition, and global platform operation capabilities to combine the characteristics of the content industry in different regions. Both local businesses have further extended from traditional film and television content to AI-generated content, music, short dramas, and platform-level governance, and improved service efficiency through commercialization and automation tools.