earnings
confidence high
sentiment neutral
materiality 0.65
Roblox Q1 revenue up 39% to $537M; bookings down 3% to $631M, net loss widens to $160M
Roblox Corp
2022-Q1 EPS reported
-$0.27
revenue$537,134,000
- Revenue $537.1M (+39% YoY); bookings $631.2M (-3% YoY); net loss $160.2M vs $134.2M loss a year ago.
- DAUs 54.1M (+28% YoY); hours engaged 11.8B (+22% YoY); ABPDAU $11.67.
- April 2022 estimates: DAUs 53.1M (+23% YoY); bookings $221-224M (-8-10% YoY); ABPDAU $4.16-4.22.
- Adjusted EBITDA $67.9M (10.8% of bookings); free cash flow $104.6M, both down significantly from Q1 2021.
- Changed estimated user life from 23 to 25 months, reducing recognized revenue $82.5M and cost of revenue $19.6M in Q1.