Roblox Corp. ( (RBLX) ) has released its Q4 earnings. Here is a breakdown of the information Roblox Corp. presented to its investors.
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Roblox Corporation, a prominent player in the online gaming industry, offers a global platform that enables millions to engage in shared experiences through immersive gaming and creation.
Roblox Corp. has reported robust financial growth for the fourth quarter and full year 2024, showcasing significant year-over-year increases in revenue and bookings, alongside a strong rise in daily active users and engagement hours.
The company’s fourth quarter revenue rose by 32% to $988.2 million, while bookings increased by 21% to $1,361.6 million. Despite a consolidated net loss of $221.1 million for the quarter, the company achieved an impressive free cash flow increase of 54% year-over-year to $120.6 million. For the full year, revenue totaled $3,602.0 million, marking a 29% increase, with bookings climbing 24% to $4,369.1 million, and free cash flow soaring by 417% to $641.3 million.
Looking ahead, Roblox aims to continue its growth trajectory with its 2025 guidance projecting revenue between $4,245 million and $4,345 million, and bookings expected to reach between $5,200 million and $5,300 million. The company plans to further invest in its platform, focusing on enhancing user experience and expanding its market share within the global gaming content market.
