Roblox Reports March 2023 Key Metrics
17 Abril 2023 - 9:30AM
Business Wire
Roblox Corporation (NYSE: RBLX), a global platform bringing
millions of people together through shared experiences, today
released certain key metrics for the month of March 2023.
March 2023 Key Metrics
- Daily active users (DAUs) were 66.2 million, up 26%
year-over-year.
- Hours engaged were 4.8 billion, up 26% year-over-year.
- Estimated revenue was between $212 million and $223 million, up
15% - 21% year-over-year.1
- Estimated bookings were between $247 million and $255 million,
up 23% - 27% year-over-year.1
- Estimated average bookings per daily active user (ABPDAU) were
between $3.73 and $3.85, which represents a year-over-year change
of -2% - +1%.1
[1] We estimate that the impact of foreign currency fluctuations
led to a reduction of approximately 2% in the year-over-year growth
rate for both March 2023 revenue and bookings. Thus, on a constant
currency basis, we estimate our year-over-year March 2023 revenue
growth would have been between 16% - 22%, our year-over-year March
2023 bookings growth would have been 25% - 29% and the change in
year-over-year March 2023 ABPDAU would have been between -1% and
3%.
Constant currency is calculated by converting our current period
revenue, bookings and ABPDAU into U.S. dollars using the
comparative prior period’s monthly exchange rates for our non-USD
currencies, rather than the actual average exchange rates in effect
during the current period. By adjusting revenue, bookings and
ABPDAU for constant currency, we are able to provide a framework
for assessing how our business performed excluding the effect of
foreign currency rate fluctuations.
Discontinuation of Monthly Key Metrics Releases
This release marks the Company’s last monthly metric release. We
have now published monthly key metrics over our first eight
quarters as a public company. While we believe that has provided
incremental information to investors regarding the seasonality of
the business, we have decided to cease providing key monthly
metrics to align our reporting cadence with our value of taking the
long view. Key metrics will continue to be published on a quarterly
basis aligned with the Company’s other quarterly disclosures,
including its shareholder letter and other quarterly
publications.
Forward-Looking Statements
This press release contains “forward-looking statements” within
the meaning of the “safe harbor” provisions of the Private
Securities Litigation Reform Act of 1995. The estimated March 2023
Key Metrics are forward-looking statements and are based on current
plans, expectations, estimates, forecasts, and projections as well
as the beliefs and assumptions of management, and our plans for
publishing monthly key metrics. The forward-looking statements
included in this press release represent our views as of the date
of this press release. Forward-looking statements are subject to a
number of risks and uncertainties, many of which involve factors or
circumstances that are beyond our control. Our actual results could
differ materially from those stated or implied in forward-looking
statements or from Company expectations due to a number of factors,
including but not limited to risks detailed in our filings with the
Securities and Exchange Commission (the “SEC”), including our
quarterly reports on Form 10-Q and annual reports on Form 10-K and
other filings and reports that we may file from time to time with
the SEC. We anticipate that subsequent events and developments may
cause our views to change and all monthly Key Metrics are subject
to normal quarter end review and potential adjustments. We
undertake no intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. These forward-looking statements should
not be relied upon as representing our views as of any date
subsequent to the date of this press release. Past performance is
not necessarily indicative of future results and quarterly
performance may materially differ from aggregation of the monthly
Key Metrics for each month within the quarter.
About Roblox
Roblox’s mission is to connect a billion people with optimism
and civility. Every day, tens of millions of people around the
world have fun with friends as they explore millions of immersive
digital experiences. All of these experiences are built by the
Roblox community, made up of millions of creators. We believe in
building a safe, civil, and diverse community—one that inspires and
fosters creativity and positive relationships between people around
the world. For more information, please visit corp.roblox.com.
ROBLOX and the Roblox logo are among the registered and
unregistered trademarks of Roblox Corporation in the United States
and other countries. © 2023 Roblox Corporation. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20230417005145/en/
Stefanie Notaney Roblox Corporate Communications
press@roblox.com
Roblox (NYSE:RBLX)
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