This compares to $350 million in revenues and $46m of losses for the same nine months of 2019. Its business model means that new games get developed without Roblox incurring the costs of development - although it does have to keep its platform competitive.ĭespite this financial advantage, in its filing Roblox reports increasing losses of $203 million in the nine months to the end of September 2020, on revenues of $589 million. Ro blox, therefore, generates its revenue from the sale of Ro bux to its users. Whilst Roblox is free to play, many developers charge fees for in-game items, which are paid for using the virtual currency Robux. Roblox, founded in 2004, is an online gaming platform and game creation system, which allows users and developers to program games and to play games which have been programmed by others.

But what can we expect from its listing? In our article, we will take an in depth look at Roblox, what we know about its listing and much more! Roblox is increasingly focused on creating a 'metaverse' that moves beyond games toward experiences like concerts, education, and even business management.Ĭlick Here to get the full Stock Report for Roblox Corp stock.Roblox stock is due to be listed on the New York Stock Exchange imminently. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or 'experiences') for other players. To screen for more stocks like Roblox Corp click here. So far 768,397 shares have traded compared to average volume of 13,671,855 shares.

The stock has traded between $44.03 and $44.95 so far today.

Roblox Corp (RBLX) stock is trading at $44.45 as of 10:00 AM on Wednesday, Mar 22, a loss of -$0.30, or -0.67% from the previous closing price of $44.75.

When can you buy roblox stock