CEO of Roblox says about the goals of growth after profit: “Huge market there”


In 2024 we had $ 640 million free cash flow

In Thursday's interview with CNBC's Jim CramerIN Roblox Director General Dave Baskucki thought about the latest quarter and described the company's progress towards its purpose, which is to obtain 10% of all game content in the world on the platform.

“There is a huge market. We saw NFL Universe, which is a fully licensed sports game appearing on Roblox and enters the first 25 years. We saw that Spongebob hit the first 25 “-he said. “We maintain only 2.4% of the total games market for Roblox. It's a lot of space. “

Roblox Published Earnings on Thursday morning and his reservations and daily data of active users appeared below estimates. The shares fell during the session, ending the day of just over 11%. But Bazucki said that the company is “on the right track” to achieve the purpose of the content, saying that Roblox defeated the guidelines he made available.

Bazucki pointed to some of the recent Roblox projects, including the brand's integration with popular Wicked and Beetlejuice movies. He continued both the National Football League and the National Basketball Association, he continued, as well as the content of the popular creator of YouTube, Mr. Beast. Bazucki also said that Roblox uses artificial intelligence so that the platform is safer for users, a significant part of which are children.

The platform explores engaging experiences outside of traditional games, Pazucki continued, including an expedition to the digital E -commerce from Shopify. According to him, this type of technology can be used in other areas of entertainment and in the academic environment.

“Shopify is a new experiment for us, but we are really focusing on this long -term vision that addictive 3D is a new way to meet with security and kindness, and not just about games,” said Bazucki.

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