Roblox to Launch Immersive Ads as Revenue Growth Slows

    Author Stas SerfesPosted on Format VideoCategories Investing VideosTags , , , , , , , , , ,

    So as revenue growth has tremendously slowed down at Roblox (NYSE:RBLX), they’re going to be jumping into online advertising at the end of this year 2022 and more heavily into 2023.

    And get this, guys, the company’s revenue growth a year ago was 100%.

    And now, in their recent quarter, they reported 30% revenue growth year over year. So it’s come down dramatically.

    And since announcing this, you guys can see that the company’s stock has gone up a good amount. We’re talking over 15%.

    Roblox (NYSE:RBLX) Enters Online Ad Market

    And Roblox (NYSE:RBLX) has already started rolling out ads, testing them with companies like Warner Brothers and Vans.

    And the challenge here is their customers are young kids, right? And they can’t serve ads to children under the age of 13. So that is a challenge.

    But I believe this is a smart business move from Roblox that’s going to generate more revenue long-term and increase the value of the business.

    What do you guys think? Let me know your thoughts. Follow along for more.

    Please See Disclaimer

    Author Stas Serfes
    About the author: Stas Serfes is a stock market investor/trader who owns Strive Smart LLC, a media company that’s amassed millions of views across multiple platforms. Upon graduating college, he realized he wanted to take the entrepreneurial route and create his own path. In 2017 Stas started his Youtube channel “Stas Serfes” where he began creating content on his experiences in the stock market and what he’s learned. This stemmed from his passion about money, business, stocks, and personal finance.