![]() Wedbush Securities analyst Michael Pachter also noted that Roblox’s level of profitability “makes it hard for many investors to justify a $20 billion valuation.” Roblox’s AI plans One the main reasons was the fact that the company missed analysts’ DAU expectations, leaving them doubtful that is capable of hitting the 1 billion mark. According to Bloomberg, this is the biggest decrease in nine months. Roblox also reported adjusted EBITDA of $37.9 million, down 30.6% from the same period last year.įollowing the publication of the financial report, Roblox shares plunged 21%.The company’s loss from operations grew 84.4% year-over-year to $313.9 million, and its consolidated net loss was $284.4 million (up 59.3%). ![]() In Q2, Roblox spent $315.3 million on R&D and $30.3 million on sales and marketing.Average bookings per DAU was $11.92 (down 3% year-over-year), and average bookings per monthly unique player was $19.32 (up 3% year-over-year).However, Roblox remains pretty ambitious about its future: “Given the geographic and age diversity of our user base, along with investments in our product, we are confident that we are building a platform that could, over time, grow to support one billion DAUs.”.The number of daily active users (DAU) was 65.5 million, up 25% year-over-year, but down 1% from the first quarter.Bookings (sales combined with deferred revenue from online purcahses) were $780.7 million, up 22% from the same period last year.According to its letter to shareholders, Roblox reached $680.8 million in revenue in Q2, up 15% year-over-year.
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