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Home Market dynamics

Unity's operating losses widened compared to the same period last year, but game engine technology became the largest source of revenue

Author: Mash Yang
2022-11-15
in Market dynamics, Life, software, Dentou, Topics
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Unity announced earlierFiscal Year 2022 Third Quarter Financial Report, total revenue reached US$3.23 million, an increase of 13% over the same period last year, while operating solution revenue reached US$1.72 million, a decrease of 7% over the same period last year, and creative solution revenue was US$1.29 million, an increase of 54% over the same period last year, but the operating loss widened compared with the same period last year, with a loss of nearly US$2.4 million.

Unity's operating losses widened compared to the same period last year, but game engine technology became the largest source of revenue

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The 54% year-over-year growth in creative solutions revenue, including the Unity game engine, demonstrates that market demand for gaming content and creative applications has become Unity's primary source of revenue. Over 10 developers now generate over $1000 in annual revenue using Unity engine technology. Secondary revenue comes from external technology collaborations and licensing, totaling $2260 million, a 28% year-over-year increase.

However, regarding the company's overall loss-making situation, Unity President and CEO John Riccitiello emphasized that the future goal is still to try to make the company profitable. At the same time, he also hopes to continue to increase the number of developers who generate greater profits through Unity's technical resources, thereby attracting more developers to adopt its technical solutions.

Regarding the previously announced acquisitionironSourceRegarding the matter, John Riccitiello stated that he will use his technology to help developers and creators generate greater profit opportunities, including simplifying the difficulty of content development and even meeting the gaming needs of the current gaming market, such as improving network connection issues, allowing more mobile games to create more attractive multiplayer experiences, and making it easier for individual developers or game studios to manage subsequent maintenance work.

In addition to enhancing content creation efficiency, Unity also confirmed this year that it has signed a three-year, multi-million dollar partnership agreement with CACI International, aiming to create advanced human-computer interaction interfaces. Clearly, collaboration with government agencies and other organizations will also contribute to its future revenue.

In a previous statement, Unity senior vice president Marc Whitten said that it would assist the US military in producing aerospace applications.Human-computer interaction interface, and achieves real-time interactive experience through Unity engine simulation technology. At the same time, Unity also expects to have deeper cooperation with the US military in future system design and simulation projects.

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Tags: game engineUnitygame engine
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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