4 ms·
Roblox absolutely doesn’t want to do this “accounting magic”. They originally filed their S-1 with more typical revenue recognition and the SEC forced to change
by hipadev23 2y ago
Roblox absolutely doesn’t want to do this “accounting magic”. They originally filed their S-1 with more typical revenue recognition and the SEC forced to change to this frustrating model. [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...