Roblox Corp - Understand $rblx stock

$RBLX Market Cap: $29.31 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.158B

TTM

Gross Margin

77.41%

TTM

Net Earnings

-$1.077B

TTM

Current Assets

$3.404B

Q2 2024

Current Liabilities

$3.301B

Q2 2024

Current Ratio

103.13%

Q2 2024

Total Assets

$6.471B

Q2 2024

Total Liabilities

$6.359B

Q2 2024

Book Value

$111.3M

Q2 2024

Cash

$966.4M

Q2 2024

P/E

-27.20

Sep 18, 2024 EST

Free Cash Flow

$441.5M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.799B	$2.225B	$1.919B	$923.9M	$508.4M	$325.0M
YoY Change	25.81%	15.94%	107.73%	81.73%	56.43%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018
Revenue	$2.799B	$2.225B	$1.919B	$923.9M	$508.4M	$325.0M
Cost Of Revenue	$649.1M	$547.7M	$496.9M	$239.9M	$122.4M	$73.00M
Gross Profit	$2.150B	$1.677B	$1.422B	$684.0M	$386.0M	$252.0M
Gross Profit Margin	76.81%	75.39%	74.11%	74.03%	75.93%	77.54%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018
Selling, General & Admin	$2.156B	$414.8M	$389.4M	$155.7M	$86.68M	$252.5M
YoY Change	419.72%	6.52%	150.05%	79.65%	-65.67%
% of Gross Profit	100.25%	24.73%	27.38%	22.77%	22.46%	100.2%
Research & Development	$1.254B	$873.5M	$533.2M	$201.4M	$107.1M	$87.10M
YoY Change	43.52%	63.82%	164.71%	88.09%	22.96%
% of Gross Profit	58.3%	52.07%	37.49%	29.45%	27.74%	34.56%
Depreciation & Amortization	$208.1M	$113.7M	$64.90M	$42.70M	$27.60M	$11.90M
YoY Change	83.06%	75.19%	51.99%	54.71%	131.93%
% of Gross Profit	9.68%	6.78%	4.56%	6.24%	7.15%	4.72%
Operating Expenses	$3.409B	$1.288B	$922.6M	$357.2M	$193.8M	$339.5M
YoY Change	164.64%	39.63%	158.31%	84.31%	-42.92%
Operating Profit	-$1.259B	-$923.8M	-$495.1M	-$266.1M	-$76.44M	-$87.50M
YoY Change	36.29%	86.59%	86.03%	248.16%	-12.64%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018
Interest Expense	$101.1M	$39.90M	$6.998M	$0.00	$0.00	$3.800M
YoY Change	153.39%	470.21%			-100.0%
% of Operating Profit
Other Income/Expense, Net	-$527.0K	-$5.744M	-$1.796M	$0.00	-$1.200M	-$4.300M
YoY Change	-90.83%	219.82%		-100.0%	-72.09%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018
Pretax Income	-$1.158B	-$930.6M	-$503.8M	-$264.3M	-$71.11M	-$88.10M
YoY Change	24.49%	84.71%	90.58%	271.77%	-19.29%
Income Tax	$454.0K	$3.552M	-$320.0K	-$6.656M	$9.000K	$0.00
% Of Pretax Income
Net Earnings	-$1.152B	-$924.4M	-$491.7M	-$253.3M	-$70.97M	-$88.10M
YoY Change	24.62%	88.01%	94.13%	256.86%	-19.45%
Net Earnings / Revenue	-41.15%	-41.54%	-25.62%	-27.41%	-13.96%	-27.11%
Basic Earnings Per Share	-$1.87	-$1.55	-$0.97	-$1.39	-$0.44
Diluted Earnings Per Share	-$1.87	-$1.55	-$0.97	-$1.39	-$0.44	-$160.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$2.193B	$2.977B	$3.004B	$893.9M	$358.5M	$284.3M
YoY Change	-26.34%	-0.89%	236.09%	149.34%	26.1%
Cash & Equivalents	$678.5M	$2.977B	$3.004B	$893.9M	$301.5M	$227.6M
Short-Term Investments	$1.515B			$0.00	$57.00M	$56.70M
Other Short-Term Assets	$576.4M	$481.8M	$438.1M	$283.2M	$122.4M	$79.40M
YoY Change	19.63%	9.97%	54.7%	131.37%	54.16%
Inventory
Prepaid Expenses
Receivables	$505.8M	$379.4M	$307.3M	$247.0M	$91.30M	$51.20M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.275B	$3.839B	$3.750B	$1.424B	$572.3M	$414.9M
YoY Change	-14.67%	2.37%	163.31%	148.84%	37.94%
Property, Plant & Equipment	$1.360B	$1.118B	$492.6M	$206.4M	$143.4M	$94.10M
YoY Change	21.65%	127.02%	138.68%	43.93%	52.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.043B
YoY Change
Other Assets	$293.6M	$229.5M	$140.5M	$115.4M	$42.20M	$32.80M
YoY Change	27.96%	63.36%	21.71%	173.46%	28.66%
Total Long-Term Assets	$2.893B	$1.537B	$810.8M	$423.7M	$187.9M	$127.5M
YoY Change	88.22%	89.54%	91.37%	125.49%	47.37%
Total Assets	$6.168B	$5.375B	$4.561B	$1.848B	$760.2M	$542.4M
YoY Change
Accounts Payable	$60.09M	$71.18M	$64.39M	$12.00M	$3.400M	$18.10M
YoY Change	-15.59%	10.54%	436.62%	252.94%	-81.22%
Accrued Expenses	$271.1M	$236.0M	$128.7M	$41.70M	$24.40M	$12.00M
YoY Change	14.88%	83.34%	208.7%	70.9%	103.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.052B	$2.481B	$2.167B	$1.229B	$496.1M	$349.3M
YoY Change	23.04%	14.48%	76.4%	147.63%	42.03%
Long-Term Debt	$1.005B	$989.0M	$987.7M	$0.00	$0.00	$0.00
YoY Change	1.62%	0.13%
Other Long-Term Liabilities	$2.042B	$1.601B	$812.9M	$506.8M	$189.8M	$119.0M
YoY Change	27.58%	96.91%	60.39%	167.02%	59.5%
Total Long-Term Liabilities	$3.047B	$2.590B	$1.801B	$506.8M	$189.8M	$119.0M
YoY Change	17.67%	43.82%	255.28%	167.02%	59.5%
Total Liabilities	$6.092B	$5.069B	$3.976B	$1.755B	$710.3M	$468.4M
YoY Change	20.17%	27.51%	126.49%	147.14%	51.64%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019
Basic Shares Outstanding	616.4M shares	595.6M shares	505.9M shares	182.1M shares	163.1M shares
Diluted Shares Outstanding	616.4M shares	595.6M shares	505.9M shares	182.1M shares	163.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $29.305 Billion

About Roblox Corp

Roblox Corp. engages in the provision of online gaming services. The company is headquartered in San Mateo, California and currently employs 2,457 full-time employees. The company went IPO on 2021-03-10. The company operates the Roblox Platform as live services that allow users to play and socialize with others for free. Its platform consists of the Roblox Client, the Roblox Studio, and the Roblox Cloud. Roblox Client is the application that allows users to seamlessly explore 3D immersive experiences. Roblox Studio is the free toolset that allows developers and creators to build, publish, and operate three dimensional (3D) immersive experiences and other content accessed with the Roblox Client. Roblox Cloud includes the services and infrastructure that power its Platform. The company offers developers and creators the ability to build engaging, immersive experiences and marketplace items that they can easily share with the Roblox community.

Industry: Services-Prepackaged Software Peers: PLAYSTUDIOS Inc Activision Blizzard, Inc. Electronic Arts Inc Skillz Inc SciPlay Corp Take-Two Interactive Software Inc