Real Aetherness on Nostr: Roblox is the biggest game in the world, with more monthly players than Xbox, ...
Roblox is the biggest game in the world, with more monthly players than Xbox, PlayStation, and Nintendo combined. How much money does it make?
matthewball.co/all/roblox2024
Nothing, it runs at a loss.
>Over the last four quarters, Roblox's income from operations was ($1.2B) on revenues of $3.2B, representing a -38% profit margin.
Oops.
Not as bad as it sounds because Roblox's accounting procedures are properly conservative, and the company is cash flow positive. An interesting look into where all the money goes though.
Published at
2024-08-19 11:31:38Event JSON
{
"id": "ed49468cd22892eecc91d4c7e3c63a2bf95c5807c6875772427a930dd024ad22",
"pubkey": "748fa8a28d3a079b7650de9088739a8ce36fdbd6d83b004565b1609787bde390",
"created_at": 1724059898,
"kind": 1,
"tags": [
[
"proxy",
"https://poa.st/objects/c193d6cb-1487-48b5-b199-e88c66bba52f",
"activitypub"
]
],
"content": "Roblox is the biggest game in the world, with more monthly players than Xbox, PlayStation, and Nintendo combined. How much money does it make? \n\nmatthewball.co/all/roblox2024\n\nNothing, it runs at a loss.\n\n\u003eOver the last four quarters, Roblox's income from operations was ($1.2B) on revenues of $3.2B, representing a -38% profit margin.\n\nOops.\n\nNot as bad as it sounds because Roblox's accounting procedures are properly conservative, and the company is cash flow positive. An interesting look into where all the money goes though.",
"sig": "9d42a1cade70dc8079c02a1e950fb55a3062924e4db881f4f18054e6a5a5721f5679b2a219c50e90b7a1d5ddcc3bd601cd0f2c3f5f07edcc81c4c0d4d9f146e4"
}
