Wednesday, 15 February 2023 01:46

Roblox Records $900 Million in Losses for 2022

Written by Neville Lahiru
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Roblox publishes its earnings for 2022 where the company accounts for over $300 million in net losses during the year.

In its recent earnings report, Roblox reveals that it accounted for over $900 million in losses in 2022 despite its average daily active user numbers going up during the same period, year-on-year. Roblox has been growing in popularity over the past few years, particularly after the social gaming platform went live on Android and iOS, followed by its IPO. Its latest financial report paints an interesting picture of how the company has fared last year.

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