Recently confirmed to be listed in the United StatesUnity, showed in an earlier filing that it expects to sell its shares at a price of US$34 to US$42 per share, and plans to sell 2500 million shares. If calculated based on the investment cap, it is expected that Unity's market valuation after listing will reach US$110 billion.
According to Unity, revenue is expected to grow by 40% in the first half of this year, and full-year revenue for fiscal year 2019 is expected to reach $5 million, representing a 30% annual growth rate. Furthermore, data as of the end of June this year showed that over 6 million active users worldwide were using Unity technology to create applications, and more than half of the top 150 mobile games were built using Unity.
Unity's direct competitor in the market, EPIC Games, has recently been clashing with Apple, which has resulted in its games being unable to be listed on the App Store.Monthly revenue has been hit, which also caused a significant loss of players on the iOS platform. Although the court ruling currently confirms that developers can still use Unreal Engine to create content on the iOS platform, many developers are still considering the potential impact of the subsequent ruling and are preparing to switch to using Unity to design apps, which will also increase Unity's profit opportunities.
In addition to Unity, software and internet service companies including Snowflake, JFrog, Sumo Logic, Asana, and Palantir Technology have all chosen to go public before the US presidential election in November. This seems to be to avoid the impact of the post-election on the stock market, so they are taking advantage of the pre-election and recent upward trend in the US stock market to raise funds.
