4 ms·
It's unclear to me how $18/player was arrived it. It's not correct. We can simply look at Q2-2024 pg. 7 [1]: * Total expenses: $1,131,492,000. * Average daily
by hipadev23 2y ago
It's unclear to me how $18/player was arrived it. It's not correct. We can simply look at Q2-2024 pg. 7 [1]:
* Total expenses: $1,131,492,000.
* Average daily active users: 79.5M, or $14/DAU/qtr.
* MAUs are closer to 375M, QAUs likely somewhat higher let's say 400M?
* So if we're talking about how much they spend per quarter per unique player, it's closer to $3.
* Last quarter they brought in $955M in bookings (revenue is pointless to look at due to the required accounting practices)
[1] https://d18rn0p25nwr6d.cloudfront.net/CIK-0001315098/785cb7e2-c792-470e-9ff1-021a0bbdf077.pdf https://d18rn0p25nwr6d.cloudfront.net/CIK-0001315098/785cb7e...