2024-06-11 04:35:37 ET
Summary
- I'm concerned that Roblox's bookings growth has dipped below 20%, a critical threshold for growth investors.
- Despite a projected 260% increase in free cash flow for 2024, I'm questioning the sustainability of this growth.
- I'm choosing to remain on the sidelines and not invest in Roblox at this time.
Investment Thesis
Roblox ( RBLX ) is making tremendous efforts to improve its overall profitability. Case in point, 2024 is expected to see Roblox's free cash flow improve by 260% relative to 2023....
Read the full article on Seeking Alpha
For further details see:
Roblox Builds Blocks Of Doubt For Me