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Roblox Corp
Effect of Foreign Exchange Rates
Roblox Corp
Effect of Foreign Exchange Rates Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Effect of Foreign Exchange Rates | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Roblox Corp
NYSE:RBLX
|
Effect of Foreign Exchange Rates
$1.5m
|
CAGR 3-Years
146%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
Effect of Foreign Exchange Rates
$18.5m
|
CAGR 3-Years
28%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Playstudios Inc
NASDAQ:MYPS
|
Effect of Foreign Exchange Rates
-$345k
|
CAGR 3-Years
N/A
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
||
Electronic Arts Inc
NASDAQ:EA
|
Effect of Foreign Exchange Rates
$7m
|
CAGR 3-Years
-48%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Devolver Digital Inc
LSE:DEVO
|
Effect of Foreign Exchange Rates
-$2.6m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
H
|
Huuuge Inc
WSE:HUG
|
Effect of Foreign Exchange Rates
-$1.7m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Roblox Corp
Glance View
Roblox Corp, established in 2004 by David Baszucki and Erik Cassel, has become a dynamic force in the digital entertainment landscape, transforming the concept of user-generated content into a thriving interactive community. At its core, Roblox is a global platform that blends social networking and gaming, allowing users to design, share, and engage in digital experiences built by a vast network of developers, many of whom are players themselves. The allure of Roblox lies in its versatility; it is less about specific games and more about the platform's potential to host a diverse array of experiences ranging from obstacle courses to virtual concerts, thereby drawing in millions of daily active users worldwide. This user-centric model positions Roblox not only as a playground but also as a creative ecosystem where imagination meets technology. Monetization is a critical element that powers Roblox's success. The company's revenue primarily flows from the in-game currency, Robux, which users purchase with real money. Players spend Robux on virtual items, enhancements, and engaging experiences within the platform, which in turn supports the developers who create these offerings. A noteworthy feature is the "Roblox Developer Exchange Program," a vital revenue-sharing arrangement allowing developers to convert earned Robux back into real-world currency. This symbiotic relationship between Roblox and its developer community fuels continual content creation and platform growth. Roblox's financial model extends also into other innovative avenues such as premium subscriptions and immersive advertising strategies, ensuring diverse income streams that bolster its standing as a leader in the burgeoning virtual economy.
See Also
What is Roblox Corp's Effect of Foreign Exchange Rates?
Effect of Foreign Exchange Rates
1.5m
USD
Based on the financial report for Sep 30, 2024, Roblox Corp's Effect of Foreign Exchange Rates amounts to 1.5m USD.
What is Roblox Corp's Effect of Foreign Exchange Rates growth rate?
Effect of Foreign Exchange Rates CAGR 3Y
146%
The average annual Effect of Foreign Exchange Rates growth rates for Roblox Corp have been 146% over the past three years .