Roblox: With Risks But Has Virtual Reality Access And Is Cheap

Mitrai Stock Picks
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Summary

  • Roblox Corporation reports impressive growth in the number of users and developers, with beneficial guidance for 2024.
  • The company's business model is based on a digital platform that offers content creators tools for 3D modeling and immersive experiences.
  • Roblox is geographically diversified and has access to different platforms, such as PlayStation and Xbox, which may contribute to solid net sales growth.

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Roblox Corporation (NYSE:RBLX) recently delivered its annual accounts with impressive information about the growth in the number of users and developers. With beneficial guidance for the year 2024, I believe that the access to the virtual

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Originally from America, I live in France, where I make dollars thanks to my investments. I used to work in banks in Chile, Mexico, the U.S., and France, mainly in their M&A department. After ten years in Finance, I want to work for more than just the super-rich. My specialization or interest includes oil and gas, mineral resources, and consumer industry. I hold a Master's in Finance and a bachelor's in engineering from a European Business School. It would help if you relied on something other than my information to make significant investment decisions. To be safe, I believe you should research the subjects on your own to make a truly educated decision.I offer financial models that may fail to foresee future net sales growth, EBITDA margin, or FCF margin growth. I do not offer financial advice. My comments only express my opinion. You may need to consult a financial advisor if you are not qualified. I accept no liability whatsoever for any investment loss you may incur. Also note that I make assumptions about future net sales growth, EBITDA margins, and profit margins, among many other financial figures in my financial models. My figures may be far from reality or may be too pessimistic.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of RBLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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