@castano @ballmatthew The “losses” are accounting BS due to revenue deferral. But otherwise yeah creator cut and app store fees are similar in magnitude, see pie chart on
https://create.roblox.com/docs/production/earning-on-roblox 
Earning on Roblox | Documentation - Roblox Creator Hub
Explains how Roblox's economy and virtual currency works.
@zeux @castano Matthew just posted the full piece on Roblox and he has a good explanation why losses are real. Interesting perspective how thin are the margins compared to more traditional FAANG:
https://www.matthewball.co/all/roblox2024 Roblox is Already the Biggest Game In The World. Why Can't It Make a Profit (And How Can It)? — MatthewBall.co
With 380MM MAUs, Roblox probably counts more players than the entire AAA gaming ecosystem, is more played than Disney+ is watched, and is starting to rival smaller social networks in scale. But Roblox has yet to profit. How can it become a business comparable to its operating scale?
MatthewBall.co