Slide 1 - Roblox Investment Thesis
- Rapid growth in users and revenue
- Dominant platform for user-generated gaming
- Key player in metaverse opportunity
Slide 2 - Financial & Operational Highlights
- Q1 2022 results: Revenue up 39%, bookings up 46%
- 49.5M daily active users, up 28% YoY
- Strong growth in key engagement and monetization metrics
- Cash position $2.5B
Slide 3 - Growth Drivers
- International expansion
- New revenue streams - subs, branded content
- Product innovation - voice, VR, education
- Highly engaged young demographic
Slide 4 - Efficiency & Solvency Metrics
Asset turnover of 0.4x lags gaming peers, room to improve
No debt and $2.5B cash provides financial flexibility
Slide 5 - Risks & Challenges
- Dependence on young gamers
- Privacy/regulatory concerns
- Increasing competition
- Need to maintain creativity
Slide 6 - Valuation
- Fair value estimates $50-60
- Institutions see 30-40% upside in next 2 years
- Some models suggest undervalued relative to growth
Slide 7 - Recommendation
- Buy rating due to strong growth and potential
- Key player in massive metaverse opportunity
- Risks seem manageable
- Would be core holding for growth investors
- Rapid growth in users and revenue
- Dominant platform for user-generated gaming
- Key player in metaverse opportunity
Slide 2 - Financial & Operational Highlights
- Q1 2022 results: Revenue up 39%, bookings up 46%
- 49.5M daily active users, up 28% YoY
- Strong growth in key engagement and monetization metrics
- Cash position $2.5B
Slide 3 - Growth Drivers
- International expansion
- New revenue streams - subs, branded content
- Product innovation - voice, VR, education
- Highly engaged young demographic
Slide 4 - Efficiency & Solvency Metrics
Asset turnover of 0.4x lags gaming peers, room to improve
No debt and $2.5B cash provides financial flexibility
Slide 5 - Risks & Challenges
- Dependence on young gamers
- Privacy/regulatory concerns
- Increasing competition
- Need to maintain creativity
Slide 6 - Valuation
- Fair value estimates $50-60
- Institutions see 30-40% upside in next 2 years
- Some models suggest undervalued relative to growth
Slide 7 - Recommendation
- Buy rating due to strong growth and potential
- Key player in massive metaverse opportunity
- Risks seem manageable
- Would be core holding for growth investors
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.