Despite the news that Roblox revenue is down as we start off 2023, there’s some good news for the company. According to metrics put out by the company, and originally reported by businesswire.com, Roblox engagement hours are up by a solid 21% year-on-year from December 2021.
All of this comes as Roblox stock value continues to struggle as it enters its second full year on the stock market, with shares originally made available on March 10, 2021. There has been a pretty significant drop in prices since then, as we reported in a recent article on Roblox revenue, but the numbers out of businesswire.com paint a slightly less dire scene than the information we had in early January, with revenue down only somewhere between 1-6%, a good chunk less than many were anticipating.
There’s more good news in the latest report too, with the data suggesting the daily Roblox player count saw an unexpected boost in December to end 2023 with a year-on-year growth of 18%. Still, these numbers tell a slightly different tale if you look at the information from activeplayer.io, which shows that December’s monthly users for 2022 don’t reach the dizzying heights of some of the months earlier in the year that saw over 220 million using the platform monthly.
To put it simply, all these numbers mean that it’s going to be an interesting year for Roblox, with the developer looking to stick some extra digits on its share price if possible. Those who hold stock in Roblox will be hoping that the platform going more mainstream, what with everyone from Mariah Carey to He-Man finding their way into a Roblox title, helps to deliver even more engagement as it approaches the second anniversary of becoming a public company.
There you have it, all the latest news on Roblox engagement hours. If you want to find some fun titles to engage yourself with, check out our picks for the best Roblox games and the best Roblox horror games.