Roku Inc (ROKU)

[jimmybob]

$ROKU will do $1 bil in revenue in 2019(likely higher)
in 2017 they did $512 mil with $287(57%) mil from hardware and $225 mil (43%)from monetizing the platform
In the 1Q of 2019 64.9% of the companies revenues comes from the high margin platform monetization(70% vs. 9.8%)

$ROKU is turning into a high margin, cash generating monster, without the headwinds of creating its own content.
It is the best, content neutral platform.
Folks either think competition will eat its lunch, or see it as the ‘platform to rule it all’ so wild swings will continue

$ROKU:

- More than 1 in 3 TV’s sold in the US in the first quarter were Roku TVs
- 8.9 billion streaming hours… based on estimates $NFLX streamed 9.1 billion hours last Q
- U.S. cable&satellite TV companies lost more than 3 million subscribers LY&more than 1 mil more in Q1

ONE PLATFORM TO RULE THEM ALL!