Roblox Results Presentation Deck slide image

Roblox Results Presentation Deck

Covenant Adjusted EBITDA Calculation ROBLOX ($ in thousands, unaudited) Consolidated Net Loss Add (deduct): Interest income Interest expense Other (income)/expense, net Provision for/(benefit from) income taxes Depreciation and amortization Stock-based compensation expense Other non-cash charges¹ Change in deferred revenue Change in deferred cost of revenue Covenant Adjusted EBITDA 3 Months ended 3/31/2023 $ (269,948) (31,082) 10,012 440 731 47,412 184,904 6,988 123,783 (20,137) $ 53,103 3/31/2022 $ (162,020) (245) 9,999 379 276 24,497 112,295 96,797 (14,049) $ 67,929 2022 to 2023 YOY% 67% NM 0% 16% 165% 94% 65% NM 28% 43% -22% Q1 2023 Note: Covenant Adjusted EBITDA is used in certain covenant calculations specified in the indenture governing our senior notes due 2030 and is not calculated in accordance with GAAP and may not conform to the calculation of Adjusted EBITDA by other companies. Covenant Adjusted EBITDA should not be considered as a substitute for a measure of our financial performance or other liquidity measures prepared in accordance with GAAP and is also not indicative of income or loss calculated in accordance with GAAP. ¹Note: For 1Q23, "Other non-cash charges" includes impairment expense related to certain operating lease right-of-use assets and related property and equipment. 37
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