Roblox Today, his financial results for the fourth quarter of 2024. The company report shows overall modest growth in the holiday season, but nothing that has exceeded another. It has also published its predictions for 2025, and its expectations are more modest than previously assumed. His guidelines show that the company expects lower growth in the second half of the year than in the first, which was apparently disappointing enough that its shares decreased.
According to the report, the bookings and sales increased with $ 1.36 billion or 988 million US dollars. The consolidated net loss is $ 221.1 million. Some of the company’s results were cheap compared to the previous year, but not necessarily quarter to quarter. The daily active users of Roblox were 85.3 million in this quarter, an increase of 19% compared to the previous year. However, the platform had 88.9 million in the third quarter this year. Similarly, the stand-up hours fell from 20.7 billion to 18.7 billion quarter-over-quarters.
Michael Guthrie, Roblox CFO, found in a profit call that one of the reasons why the number of users was not as high as expected – According to BloombergAnalysts had predicted over 88 million duss – it was that the Eastern European audience grew more slowly than expected because the platform is prohibited in Türkiye.
Roblox ‘vision of the future
In his letter to the shareholders, Roblox outlined his improvement plans in several key areas, including trust and security, artificial intelligence and genre expansion. The areas overlap with each other, with some of the tools mentioned by AI.
Roblox also provided its guidelines for the upcoming quarter of the first quarter of 2025 and for this financial year as a whole. In the first quarter it expects sales between $ 990 million and USD 1.01 billion and bookings between 1.12 and 1.15 billion US dollars. A total of between 4.25 and 4.35 billion US dollars and bookings between 5.2 and 5.3 billion US dollars are expected for the year. According to a Reuters report, these are slightly below the estimates that the Roblox share prices have reduced, as they were announced.
Dave Baszucki, CEO of Roblox, said in a statement: “Roblox had a strong 2024 that was driven by our commitment to innovation and community. We build a platform that goes beyond the technology – it is about promoting real connections. Since we would like to support 10% of the global market for gaming content, we will continue to invest in our virtual economy, app performance and AI-driven discovery and security, enable creators and improve the user experience. “
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