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Roblox Just Shared Its Key Metrics, and It's Still Growing

By Jose Najarro – Dec 21, 2021 at 5:00AM

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Roblox continues to grow its daily active users.

Today's video focuses on Roblox (RBLX -1.82%) and the recent key metrics the company shared with its investors. Also, I give an update on companies creating experiences on Roblox's platform. Here are some highlights from the video.

  1. On Dec. 15, Roblox reported its November key metrics. The company reported 35% year over year (YOY) growth in average daily active users (DAUs), up to 49.4 million. Average DAUs are roughly 2 million higher than the company reported in its recent third-quarter earnings but slightly down from the 50.5 million it reported for its October key metrics. 
  2. On the downside, the company sees less spending per DAU. The estimated average bookings per DAU were down roughly 8% to 9% YOY. The negative trend in bookings may change as the holiday season approaches and more players are gifted Roblox gift cards. 
  3. On Dec. 8, Roblox announced that Ralph Lauren had created a digital experience on its platform. Players will be able to purchase and use digital apparel based on Ralph Lauren's clothing lines. 

Click the video below for my full thoughts and analysis. 

*Stock prices used were the midday prices of Dec. 20, 2021. The video was published on Dec. 20, 2021.

Jose Najarro has no position in any of the stocks mentioned. The Motley Fool owns and recommends Roblox Corporation. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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