02-01-2021, 02:18 PM
THE ROBLOX ERA IS COMING RBLX
<!-- SC_OFF --><div class="md"><p><strong>If you have kids who play Roblox like mine, How many times have they asked for ROBUCKS and you dipped into your pocket and gave them $ 20 then the next day another $ 20?? I also play this game with my kids and the money this company is raking is unreal? They may go public this month Feb RBLX and I will invest a few bucks only to get my money back for all the money my kids have spent on this platform. This is an interesting read:</strong></p> <p>Roblox isn’t yet profitable, in part because it recognizes revenue from in-game purchases little by little over the gaming lives of its users. Revenue rose 68%, to $589 million, in the first nine months of last year. Bookings, a simpler measure of money coming in, jumped 171%, to $1.24 billion. </p> <p>MKM Partners analyst Eric Handler estimates that Roblox has recently been averaging $100 million in free cash flow a quarter. Assume that figure could quickly double and you can make a case for Roblox’s valuation resembling that of Take-Two, the priciest of the legacy videogame makers, at 39 times projected free cash flow. <a href="https://www.barrons.com/quote/ATVI">Activision Blizzard</a> (ATVI) trades at 29 times and <a href="https://www.barrons.com/quote/EA">Electronic Arts</a> (EA), 23 times. All three stocks soared last year, as time playing videogames exploded.</p> <p>And it’s not just kids. Adults 45 to 54 increased their game time by 59% last year, according to the NPD Group, a market researcher. Spending rose faster. Last year, the global videogame business took in an estimated $180 billion. That’s about $80 billion more than the movie business at its peak.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mxpro311"> /u/mxpro311 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/l9dq1m/the_roblox_era_is_coming_rblx/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/l9dq1m/the_roblox_era_is_coming_rblx/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p><strong>If you have kids who play Roblox like mine, How many times have they asked for ROBUCKS and you dipped into your pocket and gave them $ 20 then the next day another $ 20?? I also play this game with my kids and the money this company is raking is unreal? They may go public this month Feb RBLX and I will invest a few bucks only to get my money back for all the money my kids have spent on this platform. This is an interesting read:</strong></p> <p>Roblox isn’t yet profitable, in part because it recognizes revenue from in-game purchases little by little over the gaming lives of its users. Revenue rose 68%, to $589 million, in the first nine months of last year. Bookings, a simpler measure of money coming in, jumped 171%, to $1.24 billion. </p> <p>MKM Partners analyst Eric Handler estimates that Roblox has recently been averaging $100 million in free cash flow a quarter. Assume that figure could quickly double and you can make a case for Roblox’s valuation resembling that of Take-Two, the priciest of the legacy videogame makers, at 39 times projected free cash flow. <a href="https://www.barrons.com/quote/ATVI">Activision Blizzard</a> (ATVI) trades at 29 times and <a href="https://www.barrons.com/quote/EA">Electronic Arts</a> (EA), 23 times. All three stocks soared last year, as time playing videogames exploded.</p> <p>And it’s not just kids. Adults 45 to 54 increased their game time by 59% last year, according to the NPD Group, a market researcher. Spending rose faster. Last year, the global videogame business took in an estimated $180 billion. That’s about $80 billion more than the movie business at its peak.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mxpro311"> /u/mxpro311 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/l9dq1m/the_roblox_era_is_coming_rblx/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/l9dq1m/the_roblox_era_is_coming_rblx/">[comments]</a></span>Kind Regards R