Roblox Corporation

RBLX

Equity

ISIN US7710491033 / Valor 58460132

New York Stock Exchange, Inc (2024-11-21)

USD 49.35-4.21%

Roblox Corporation
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About company

Roblox Corporation, established in 2004 by David Baszucki and Erik Cassel, is a pioneering entity in the realm of online entertainment platforms. Headquartered in San Mateo, California, the company has carved a niche for itself by offering a unique platform that allows users to create, share, and engage with a vast array of interactive 3D experiences, commonly referred to as "experiences". This platform is not just a game; it's a comprehensive ecosystem that supports a diverse community of creators who use Roblox's proprietary tools to develop immersive digital experiences. Over the years, Roblox has evolved into a robust platform that caters to millions of users worldwide, offering a wide range of content from games to educational experiences, thereby establishing itself as a significant player in the digital entertainment industry.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

Roblox Corporation reported a revenue of $893.5 million for the second quarter of 2024, marking a 31% increase year-over-year. This significant growth highlights the company's expanding user base and successful monetization strategies.

Bookings Increase

In the second quarter of 2024, Roblox Corporation's bookings reached $955.2 million, up 22% year-over-year. This metric is crucial as it reflects the total value of virtual currency purchased by users, indicating strong user engagement and spending.

Net Loss

Roblox Corporation reported a net loss attributable to common stockholders of $205.9 million for the second quarter of 2024. Despite the loss, the company continues to invest in its platform and creator community to drive future growth.

Cash Flow Improvement

Net cash and cash equivalents provided by operating activities for Roblox Corporation in the second quarter of 2024 were $151.4 million, a remarkable 433% increase from the same period in 2023. This improvement underscores the company's enhanced operational efficiency and financial health.

Daily Active Users

Roblox Corporation reported an average of 79.5 million daily active users (DAUs) in the second quarter of 2024, up 21% year-over-year. This growth in DAUs reflects the platform's increasing popularity and user engagement across diverse demographics.

Summarized from source with an LLMView Source

Key figures

34.4%1Y

-63.4%3Y

%5Y

Performance

50.2%1Y

77.6%3Y

75.2%5Y

Volatility