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Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids – Hindenburg Research

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Initial Disclosure: After extensive research, we have taken a short position in shares of Roblox Corporation (NYSE:RBLX). This report represents our opinion, and we encourage every reader to do their own due diligence. Please see our full disclaimer at the bottom of the report. Roblox is a $27 billion online gaming platform headquartered in San Mateo, CA. The company was incorporated in 2004 and is led by founder and CEO David Baszucki. Per its Q2 2024 quarterly report, Roblox had 79.5 million average daily active users (“DAUs”) in over 190 countries, across its 5.3 million “active experiences” – a term Roblox uses to describe games, social hangouts, and other events that include online concerts, sports and fashion shows. The majority of Roblox users are children: 21% of players are under 9 years old, 21% are from 9-12 years old, 16% are between 13 and 16 years old and 41% are older than 17 years old, according to Roblox´s 2023 annual report. Roblox’s most popular games as of this writ

Roblox: Inflated Key Metrics For Wall Street And A Pedophile Hellscape For Kids – Hindenburg Research GET OUR LATEST REPORTS DELIVERED TO YOUR INBOX Roblox is a $27 billion online gaming platform headquartered in San Mateo, CA. The company was incorporated in 2004 and is led by founder and CEO David Baszucki. The company has reported net losses every quarter since becoming a public company, with last twelve months (LTM) losses totaling $1.07 billion. Its stock trades at 8.6x sales, a 57% premium to gaming peers, pricing in expectations of rapid future growth and profitability. Insiders h

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