Ubisoft Annual Report 2007

The 2007 Ubisoft Annual Report details a period of robust financial expansion and strategic consolidation for the fiscal year ending March 31, 2007. The company’s primary thesis centered on leveraging the transition to next-generation console hardware—specifically the Nintendo Wii and Xbox 360—to solidify its status as a leading independent publisher. By prioritizing the development of proprietary brands and aggressive in-house production, the firm successfully increased annual sales by 24.4% to €680 million, while simultaneously shifting from debt to a net cash position of €55 million.

Operational growth was characterized by a 15% increase in the global workforce to nearly 4,000 employees and the strategic acquisition of key intellectual properties, including the Driver and Anno franchises. The company maintained a balanced portfolio by integrating these established brands with new internal projects, aiming to launch three new brands every two years. This growth was supported by significant investments in R&D and a commitment to multi-platform development, which allowed the firm to capture market share across both hardcore and casual gaming segments.

Corporate governance and financial management remained central to the company’s stability. The board implemented rigorous internal controls, standardized IFRS-compliant accounting, and centralized cash management to mitigate foreign exchange and interest rate risks. Capital activity was particularly active, featuring a 2-for-1 stock split and the conversion of various warrants and bonds to streamline the equity structure. With the Guillemot family maintaining significant influence over the board, the company focused on long-term talent retention and global operational efficiency, positioning itself to pursue its goal of doubling revenues and tripling net income by 2010.