Roblox has seen unprecedented growth, with more users logging on daily than major gaming platforms see in a month. It boasts over 380MM monthly users, surpassing industry leaders like Steam and PlayStation. Revenue per user has increased post-pandemic, even though the platform remains unprofitable due to high costs. The company invests heavily in R&D, particularly in Generative AI, to enhance user experiences. Although faced with challenges like high costs and trust issues, Roblox continues to attract users, generate cash flow, and expand globally. Its unique revenue recognition method and focus on high-value customers in the US and Canada may lead to future profitability.
https://www.matthewball.co/all/roblox2024