Unity Software: Implied upside of 54%

When it comes to platform technology, you'd be hard-pressed finding a more exciting company than $Metaverse(BK2567.US)$ . It's effectively an advanced creative studio for programmers and developers, whether they're making games, films, or 3D renderings for industrial purposes. But since it supports virtual and augmented reality, its most exciting future use might rest with the metaverse.

The company's flagship Unity Pro is a full-service platform for game developers from creation to operation. It allows developers to build their product and deploy it to closed platforms like Sony's PlayStation, and $Microsoft(MSFT.US)$ Xbox. Then, Unity Pro offers analytics on player behavior, an advertising solution, and a plug-in for in-app purchases. In 2020, over 50% of all mobile, console, and PC games were made with Unity.

The company has experienced tremendous growth recently, especially among its highest-spending customer base. At the end of 2019, it had 600 customers that each spent $100,000 or more annually. And in the most recent period, the third quarter of 2021, that number grew to 973, a 62% increase in less than two years. Naturally, this has driven a surge in revenue.