Roblox ipo filing1/7/2024 ![]() Reports that Roblox wanted to go public broke at the start of October, before the firm announced its intentions later in the month.Īt the start of 2020, the company was valued at $4bn in a funding round. These figures will no doubt be partly driven by the COVID-19 pandemic, with kids stuck indoors and looking for a way to pass the time, so investors should be wary of expecting this kind of engagement long-term. That's an increase of 45 per cent, if you were curious. The platform also claims daily active users of 31.1m – and increase of 82 per cent year-on-year – with 22.2bn hours of engagement racked up for the nine-month period. ![]() The company has a history of financial losses, clocking up net loses of $97.2m and $86m for 20, as well as $203.2m for the nine months ending September of this year. For the nine months ending September 30th, 2020, Roblox reported revenue of $589m, with bookings clocking in at $1.2bn. In its S1 filing with the SEC, the company has disclosed that it hasn't turned a profit since it was founded back in 2004. Games platform Roblox has submitted the necessary paperwork to do its initial public offering.
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