ROBLOX CORPORATION 
Q1 2024
Supplemental Materials
May 9, 2024
Forward-Looking Statements
This presentation and the live webcast and Q&A session which will be held at 5:30 a.m. Pacific Time/8:30 a.m. Eastern Time on Thursday, May 9, 2024 contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our vision to connect one billion global DAUs, our efforts to improve the Roblox Platform, our immersive and video advertising efforts, including our ads manager and independent measurement partnerships, our efforts regarding content curation, live operations and platform-wide events, our efforts regarding real-world shopping, the use of artificial intelligence ("AI") on our platform, our economy and product efforts related to creator earnings and platform monetization, our sponsored experiences, branding and new partnerships and our roadmap with respect to each, our business, product, strategy and user growth, our investment strategy, including our opportunities for and expectations of improvements in financial and operating metrics, including operating leverage, margin, free cash flow, operating expenses and capital expenditures, our expectation of successfully executing such strategies and plans, disclosures regarding the seasonality of our business, disclosures and future growth rates, benefits from agreements with third-party cloud providers, disclosures about our infrastructure efficiency initiatives, changes to our estimated average lifetime of a paying user and the resulting effect on revenue, cost of revenue, deferred revenue and deferred cost of revenue, our expectations of future net losses and net cash and cash equivalents provided by operating activities, statements by our Chief Executive Officer and Chief Financial Officer, and our outlook and guidance for second quarter and full year 2024, and future periods. These forward-looking statements are made as of the date they were first issued and were based on current plans, expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management. Words such as "expect," "vision," "envision," "evolving," "drive," "anticipate," "intend," "maintain," "should," "believe," "continue," "plan," "goal," "opportunity," "estimate," "predict," "may," "will," "could," and "would," and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to risks detailed in our filings with the Securities and Exchange Commission (the "SEC"), including our annual reports on Form 10-K, our quarterly reports on Form 10-Q and other filings and reports we make with the SEC from time to time. In particular, the following factors, among others, could cause results to differ materially from those expressed or implied by such forward-looking statements: our ability to successfully execute our business and growth strategy; the sufficiency of our cash and cash equivalents to meet our liquidity needs, including the repayment of our senior notes; the demand for our platform in general; our ability to retain and increase our number of users, developers, and creators; the impact of inflation and global economic conditions on our operations; the impact of changing legal and regulatory requirements on our business, including the use of verified parental consent; our ability to develop enhancements to our platform, and bring them to market in a timely manner; our ability to develop and protect our brand and build new partnerships; any misuse of user data or other undesirable activity by third parties on our platform; our ability to maintain the security and availability of our platform; our ability to detect and minimize unauthorized use of our platform; and the impact of AI on our platform, users, creators, and developers. Additional information regarding these and other risks and uncertainties that could cause actual results to differ materially from our expectations is included in the reports we have filed or will file with the SEC, including our annual reports on Form 10-K and our quarterly reports on Form 10-Q.
The forward-looking statements included in this presentation represent our views as of the date of this presentation. We anticipate that subsequent events and developments will cause our views to change. However, we undertake no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this presentation.
2
Q1 2024 Results Review
22% YoY Growth19% YoY Growth17% YoY Growth15% YoY Growth
$801M | $924M | 77.7M | 16.7B |
REVENUE | BOOKINGS(1) | AVERAGE DAILY | HOURS |
ACTIVE USERS | ENGAGED |
For endnote descriptions, see final slide. | 3 |
Q1 2024 Results Review
37% YoY Growth | 133% YoY Growth | ||
$(272)M | $(7)M | $239M | $191M |
CONSOLIDATED | ADJUSTED | NET CASH AND CASH | FREE CASH FLOW(1) |
NET LOSS | EBITDA(A)(1) | EQUIVALENTS PROVIDED BY | |
OPERATING ACTIVITIES |
- Adjusted EBITDA excludes adjustments for increases in deferred revenue and deferred cost of revenue of $127.6 million and $(32.9) million, respectively.
For endnote descriptions, see final slide. | 4 |
Operating and Financial
Metrics Discussion
5
Average Daily Active Users (DAUs)
(in millions)
Year over year growth %
6
DAUs by Region and Age(2)
(in millions)
By Region
US & Canada | Europe | APAC | ROW |
US & Canada | -2% | 3% | 17% | 19% | 16% | 15% | 11% | 17% | 13% | |
Europe | 20% | 20% | 30% | 24% | 27% | 29% | 22% | 20% | 13% | |
YoY | APAC | 94% | 71% | 40% | 21% | 18% | 25% | 23% | 27% | 26% |
ROW | 34% | 11% | 15% | 12% | 27% | 32% | 22% | 22% | 19% | |
Total | 28% | 21% | 24% | 19% | 22% | 25% | 20% | 22% | 17% |
For endnote descriptions, see final slide.
By Age Group
U13 13O Unknown
U13 | 20% | 13% | 14% | 11% | 12% | 17% | 12% | 13% | 12% | |
YoY | O13 | 38% | 30% | 34% | 26% | 31% | 33% | 25% | 28% | 22% |
Total | 28% | 21% | 24% | 19% | 22% | 25% | 20% | 22% | 17% |
7
Hours Engaged
(in billions)
Year over year growth %
8
Hours Engaged by Region and Age(2)
(in billions) | |
By Region | By Age Group |
US & Canada | Europe | APAC | ROW |
U13 13O Unknown
US & Canada
Europe
YoY APAC
ROW
Total
-10% | 1% | 21% | 29% | 21% | 17% | 12% | 16% | 12% |
12% | 20% | 34% | 28% | 33% | 32% | 24% | 21% | 11% |
104% | 62% | 20% | 9% | 8% | 16% | 21% | 27% | 23% |
26% | 0% | 7% | 8% | 28% | 30% | 22% | 21% | 15% |
22% | 16% | 20% | 18% | 23% | 24% | 20% | 21% | 15% |
U13 | 12% | 6% | 9% | 7% | 10% | 13% | 10% | 10% | 8% | |
YoY | O13 | 33% | 26% | 31% | 28% | 33% | 32% | 27% | 28% | 19% |
Total | 22% | 16% | 20% | 18% | 23% | 24% | 20% | 21% | 15% |
For endnote descriptions, see final slide. | 9 |
Revenue(3)
($ in millions, unaudited)
Year over year growth %
For endnote descriptions, see final slide. | 10 |
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Disclaimer
Roblox Corporation published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2024 12:18:32 UTC.
