Roblox: Tough Road Ahead

seekingalpha2022-04-13

SummaryRoblox is a metaverse category leader with a unique two-way platform.January and February 2022 results appear bifurcated as bookings were down while users and hours engaged were up.Investors in...

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Comments

Bull1973
2022-04-13
Bull1973
Ok
Bull1973
2022-04-13
Bull1973
Ok
Dwi
2022-04-13
Dwi
We shud supportcrypto metverse instead 😅
Road1Warrior
2022-04-13
Road1Warrior
Look like an idiot play which I participanted n profited tiny bit.
DrSam
2022-04-13
DrSam
Tough road ahead

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However, it's difficult to see the company posting growth numbers similar to those during the pandemic when kids were forced to stay at home.While Roblox delivered strong numbers throughout 2021 in terms of users and engagement, Jan and Feb 2022 results appear to be bifurcated in the sense that users are up but booking are down. In February, users grew 28% YoY to 55.1 million and hours engaged also increased 21% to 3.8 billion, however bookings saw the first YoY decline of 3% (vs. +3% increase in Jan), while average bookings per DAU saw a 25% YoY decline (vs. -23% in Jan).Company dataCompany dataThese results show that Roblox is going up against very difficult Covid comps. As the world returns to normal, kids are back in classrooms and will likely spend their summer playing football. Consequently, playing time on Roblox will likely be reserved for the weekends, leading to lower hours of engagement and purchases on the platform. 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As FY22 top line growth is set to slow down materially, I believe it's best for investors to remain on the sidelines.Data by YCharts","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9080957240,"gmtCreate":1649837255687,"gmtModify":1676534587008,"author":{"id":"3584680402793671","authorId":"3584680402793671","name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584680402793671","authorIdStr":"3584680402793671"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080957240","repostId":1121335110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080957677,"gmtCreate":1649837248090,"gmtModify":1676534587001,"author":{"id":"3584680402793671","authorId":"3584680402793671","name":"Bull1973","avatar":"https://static.tigerbbs.com/866d29bf88ff7363d121a5ccc6028aae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584680402793671","authorIdStr":"3584680402793671"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080957677","repostId":1121335110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080074884,"gmtCreate":1649825333830,"gmtModify":1676534584968,"author":{"id":"3575075387288407","authorId":"3575075387288407","name":"Dwi","avatar":"https://static.tigerbbs.com/b470e8471ae7efb2a2fa1a0f9302ff60","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3575075387288407","authorIdStr":"3575075387288407"},"htmlText":"We shud supportcrypto metverse instead 😅","listText":"We shud supportcrypto metverse instead 😅","text":"We shud supportcrypto metverse instead 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080074884","repostId":1121335110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080072625,"gmtCreate":1649825153906,"gmtModify":1676534584905,"author":{"id":"4098084219326670","authorId":"4098084219326670","name":"Road1Warrior","avatar":"https://community-static.tradeup.com/news/444bc0aeceab5292f15cd24cd37ab6c3","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4098084219326670","authorIdStr":"4098084219326670"},"htmlText":"Look like an idiot play which I participanted n profited tiny bit.&nbsp;&nbsp;","listText":"Look like an idiot play which I participanted n profited tiny bit.&nbsp;&nbsp;","text":"Look like an idiot play which I participanted n profited tiny bit.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080072625","repostId":1121335110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9080048909,"gmtCreate":1649823384575,"gmtModify":1676534584652,"author":{"id":"3582967351944758","authorId":"3582967351944758","name":"DrSam","avatar":"https://static.tigerbbs.com/2161cecb6376985512402ff4b6052ccc","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3582967351944758","authorIdStr":"3582967351944758"},"htmlText":"Tough road ahead&nbsp;","listText":"Tough road ahead&nbsp;","text":"Tough road ahead","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080048909","repostId":1121335110,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":106,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1121335110"}