Revenue growth, audience and time on the platform — Roblox summed up the results of the third quarter

Another company has published a financial report. Let’s see how July-September 2022 went for Roblox.

▪️Roblox’s quarterly revenue grew by 2% year-on-year, reaching $517.7 million. Receipts (bookings) amounted to $701.7 million — an increase of 10%.

At the same time, the net loss (for holders of ordinary shares) amounted to $297.8 million. A year ago it was four times less — $74 million.

The average DAU has risen to 58.8 million people, which is 24% more than last year.

During the quarter, users spent 13.4 billion hours on the Roblox platform — an increase of 20%.