"We remained focused on delivering our innovation roadmap to unlock the full potential of the Roblox platform and drive long-term returns for investors," said David Baszucki, chief executive officer of Roblox. Hours Engaged were 3.8 billion, up 18% year over yearĪBPDAU were between $4.16 - $4.22, down 25% - 26% year over year Revenue was between $189 million - $192 million, up 30% - 32% year over yearīookings were between $221 million and $224 million, down 8% - 10% year over yearĭAUs were 53.1 million, up 23% year over year Hours Engaged were 11.8 billion, an increase of 22% year over yearĪverage Bookings per DAU (ABPDAU) was $11.67 Net cash provided by operating activities of $156.4 million Free cash flow was $104.6 millionīookings decreased -3% over Q1 2021 to $631.2 millionĪverage Daily Active Users (DAUs) were 54.1 million, an increase of 28% year over year Revenue increased 39% over Q1 2021 to $537.1 million Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, released its first quarter 2022 financial results today and separately posted a letter to shareholders and supplemental materials on the Roblox investor relations website at ir. Strong year over year growth in Daily Active Users and Hours Engaged, up 28% and 22%, respectively Revenue up 39% over prior year up to $537.1 million Pick up my sci-fi novels the Herokiller series, and The Earthborn Trilogy, which is also on audiobook. Roblox is only just getting started after 15 years, and it will remain a key part of the gaming landscape indefinitely, that much is clear.įollow me on Twitter, YouTube, Facebook and Instagram. I don’t know what Roblox’s stock will do going forward, but the future of the industry is going to be built on the backs of games like this, and it’s why Microsoft buying Minecraft several years ago for $2.5 billion looks like a steal. Is a $40 billion market cap overvaluing Roblox? Should a company with a single free to play game be worth twice what the maker of GTA 5 is worth, the best-selling AAA game of all time by several orders of magnitude? That’s something for the stock market to sort out, but there’s no question that Roblox has put the time in to warrant this kind of success, and it has quietly been amassing a truly astonishing amount of players including being the main gaming experience for hundreds of millions of children worldwide.
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