Have you ever heard of Roblox (ticker symbol: RBLX), a U.S. stock?
The company is an online gaming platform for children.
In this article, I would like to introduce the company’s financial results for the period January to March 2021, which were announced on May 10, 2021.
January to March 2021
EPS is -46¢ vs. 13¢ expected.
Net sales: $387 million vs. $491 million expected.
Sales growth was +139.5% YoY.
Operating cash flow was $165 million, four times higher than the same period last year. Excluding one-time charges related to direct listings, operating cash flow was $216 million.
Daily active users (DAUs) were 42.1 million, up 79% year-over-year. Of those, users outside the U.S. and Canada grew by 87%. The number of users aged 13 and above grew by 111%.
Play time was up 98% YoY to 9.7 billion hours.