How’s Ubisoft Doing? Key Takeaways From Its Latest Earnings Report

Amid continued concerns of a possible hostile takeover by Vivendi, Ubisoft has reported its earnings for its most recent fiscal year, where it enjoyed record-high digital revenue.

Most significant was the news concerning the current fiscal year, which runs through March 2018. Ubisoft confirmed it will release new Assassin’s Creed, Far Cry, and The Crew games, as well South Park: The Fractured But Whole. According to a tweet, the Far Cry game will be Far Cry 5. The following year, which runs April 2018-March 2019, will see the release of four unspecified AAA games.

As for the outcome of its financials, digital sales were on the rise for Ubisoft 2016-17 fiscal year, which ended on March 31, 2017. Its digital segment made up 50% of total sales during the year, and CEO Yves Guillemot boasted about both the success of Ubisoft’s Tom Clancy games and its “Live” titles.

“With 44 million unique registered players, the size of the Tom Clancy community has increased by almost 150% in less than 18 months,” Guillemot said. “This impressive performance for a brand created almost 20 years ago clearly illustrates the strong popularity of Ghost Recon: Wildlands, Rainbow Six Siege, and The Division. Our Live titles continue to beat records for player engagement and have seen a sharp rise in player recurring investment. Our results for 2016-17 demonstrate the success of our new model, with record high operating income and outperforming the target announced a year ago, and operating margin up for the third consecutive year.”

Guillemot also made note of how its Live games–those like Siege, The Division, or The Crew that are regularly updated and maintained over a long period of time–help to make its business less reliant on new releases.

Total annual sales were €1,459.9 million, an increase of 4.7% compared with the prior year; digital revenue accounted for €729.3 million of that.

Since the beginning of calendar 2017, Ubisoft says it’s the number one publisher worldwide in terms of physical and digital game sales on console and PC. Additionally, it claims Ghost Recon: Wildlands is the year’s top-seller so far, while For Honor is No. 2.

Ubisoft will host a conference call with investors shortly. We’ll report back with anything interesting it has to share.

from GameSpot https://www.gamespot.com/articles/hows-ubisoft-doing-key-takeaways-from-its-latest-e/1100-6450087/

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Author: Adventures Gate

Hey everyone, I'm Jonathan but people will know me as Jon... I enjoy hiking and exploring the outside world as well as getting to see fantastic views. It can bring you to the most beautiful places on earth and into contact with amazing plants and wildlife and can be done all year round which is why I enjoy it so much despite it being challenging sometimes due to the weather - it has allowed me to meet a lot of new people and experience things I wouldn't have before. I also find it relaxing and interesting. I also really enjoy blogging and sharing my experiences with similar people. Hopefully you will read mine. My company Adventures Gate displays my other hobby - gaming! I love collecting items to do with gaming and playing in general. I guess I am a bit of a geek when it comes to this. Adventures Gate now offer free postage options when you spend more than £20 (there may be a small additional charge for larger items). That`s free 1st class post in the UK and free airmail to Europe.

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