Unity Files for IPO

Noting that this comes as competitor Epic Games is embroiled in a legal battle with Apple, Fox Business has details on how Unity Engine maker Unity Software has filed for an IPO (thanks theAntiELVIS(!)). Word is: "Last year, Unity reported a $163.2 million net loss on revenue of $541.8 million -- widening the loss in 2018 of $131.6 million." Here's more:
Unity claims it is "the world's leading platform for creating and operating, interactive real-time 3D content," boasting that in 2019 it made more than half of the top games on mobile, PC, and consoles — including 53% of the top 1,000 games in the iOS App Store and Google Play, with three billion downloads per month.

In its filing, Unity boasted a global reach of more than two billion monthly active users, with more than 8,000 games and applications developed on the platform so far this year.

All those numbers could add up to one big challenge for Epic. The company's controversy with Apple could stall Epic’s Unreal Engine. That could prove advantageous to Unity’s rival engine.
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Re: Unity Files for IPO
Aug 25, 2020, 14:20
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Re: Unity Files for IPO Aug 25, 2020, 14:20
Aug 25, 2020, 14:20
 
That is a big deficit. I'm assuming the costs are primarily investments made into their own engine tech. Anyone know what improvements they have made in the last few years?

I'm definitely a fan of competition, so really hope Unity can stay afloat and continue to power many games into the future.
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