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They have positive cash and are paying their employees well. That's what a company should be doing rather than paying peanuts and hoarding wealth like a dragon.
by peanut-walrus 2y ago
They have positive cash and are paying their employees well. That's what a company should be doing rather than paying peanuts and hoarding wealth like a dragon. Especially as it seems they are actually profitable, just hiding it with accounting.
- hipadev23 2y ago> just hiding it with accounting. I posted this in another comment, but the deferred revenue recognition was forced by the SEC [1]. [1] https://www.barrons.com/articles/the-sec-told-roblox-to-change-its-accounting-heres-what-it-means-for-the-stock-51617217979 https://www.barrons.com/articles/the-sec-told-roblox-to-chan...