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Roblox Reports December 2022 Key Metrics
Tue, January 17, 2023 at 6:30 AM MST·4 min read

https://finance.yahoo.com/news/roblox-reports-december-2022-key-133000615.html

SAN MATEO, Calif., January 17, 2023--(BUSINESS WIRE)--Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, today released certain key metrics for the month of December 2022.

December 2022 Key Metrics

Daily active users (DAUs) were 61.5 million, up 18% year-over-year.

Hours engaged were 4.7 billion, up 21% year-over-year.

Estimated revenue was between $189 million and $199 million, a decline of between 1% - 6% year-over-year.1

Estimated bookings were between $430 million and $439 million, up 17% - 20% year-over-year.1

Estimated average bookings per daily active user (ABPDAU) were between $6.99 and $7.14, which represents a year-over-year change of -1% - +1%.1

[1] The strengthening of the US Dollar against foreign currencies during 2022, particularly the Euro and British Pound, has had an adverse impact on revenue, bookings and average bookings per daily active user (ABPDAU). By adjusting revenue, bookings and ABPDAU for constant currency, we are able to provide a framework for assessing how our business performed excluding the effect of foreign currency rate fluctuations. Constant currency is calculated by converting our current period revenue, bookings and ABPDAU into U.S. dollars using the comparative prior period’s monthly exchange rates for our non-USD currencies.

We estimate that the impact of foreign currency fluctuations led to a reduction of approximately 1% in the year-over-year growth rate for December 2022 revenue and 2% - 3% in the year-over-year growth rate for December 2022 bookings. Thus, on a constant currency basis, we estimate our year-over-year December 2022 revenue decline would have been between -5% - 0%, our year-over-year December 2022 bookings growth would have been 20% - 22% and our year-over-year December 2022 ABPDAU growth rate would have been 1% - 3%.

Discontinuation of Monthly Key Metrics Releases

Following the expected release of our March 2023 monthly metrics in April 2023, the Company will cease publishing monthly metrics. By April, we will have published monthly metrics over our first eight quarters as a public company. While we think that has provided incremental information to investors regarding the seasonality of the business, we have decided to cease providing monthly metrics to align our reporting cadence with our value of taking the long view. Key metrics will continue to be published on a quarterly basis aligned with the Company’s other quarterly disclosures, including its shareholder letter and other quarterly publications.