Unity3D is finally going public

www.pcgamesinsider.biz/news/71461/unity-is-finally-going-public/

techcrunch.com/2020/08/24/unitys-ipo-numbers-look-pretty-unreal/

Between calendar 2018 and 2019, Unity’s revenue rose by 42 per cent year-on-year to $541.8m. Meanwhile, the firm’s revenue for the six months ending June 30th, 2020 was $351.3m, an increase of 39 per cent. The company has clocked up net losses of $163.2m for the year ending December 31st 2019 and $54.1m for the six months concluding June 30th, 2020.

Unity reckons the market it addresses around the world is worth around $29bn, across both video games and other creative industries it works in.

Unlike Epic Games, Unity has long worked with the major platforms and gaming companies to get their engine in front of as many developers and gamers as possible. In fact, the company estimates that 53% of the top 1,000 mobile games on the Apple App Store and Google Play Store and over 50% of mobile, personal computer and console games were made with Unity.

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