Assassin's Creed

Ubisoft Third-Quarter 2011-12 Estimated Sales

Ubisoft’s third-quarter financial update for fiscal year 2011-12 highlights a period of robust growth, with estimated sales reaching approximately €650 million.

• Ubisoft's Q3 2011-12 sales reached approximately €650 million, an 8% increase year-over-year that exceeded the company's initial guidance of €580 million to €620 million.
• Full-year sales projections have been revised upward to a range of €1,050 million to €1,080 million, with operating income forecasted between €45 million and €65 million.
• The strong quarterly performance was primarily driven by high holiday demand for Assassin's Creed Revelations, the Just Dance franchise, and an increase in online sales.

Ubisoft Financial Report 2010/2011

Ubisoft solidified its position as the world’s third-largest independent video game publisher during the 2010/2011 fiscal year, navigating a volatile market through a strategic reorganization focused on high-quality brand development and operational streamlining.

Ubisoft H1 FY12 Earnings Presentation

Ubisoft achieved stronger-than-anticipated financial results during the first half of fiscal year 2012, marked by an 8-percentage-point expansion in gross margins and a significant reduction in operating losses compared to the prior year.

Ubisoft First-Half 2011-12 Results

Ubisoft’s first-half results for the 2011-12 fiscal year demonstrate a period of financial recovery and strategic growth, characterized by sales figures that significantly outperformed initial internal targets.

• Ubisoft narrowed its current operating loss to €49 million for the first half of fiscal year 2011-12, an improvement from the €65 million loss recorded in the same period the previous year.
• Sales for the six-month period ending September 30, 2011, reached €249 million, outperforming internal targets and maintaining stability at constant exchange rates.
• Online segment sales surged 132% in the second quarter, doubling their contribution to total revenue to 12% compared to the prior year.

Ubisoft First-Quarter 2011-12 Sales

Ubisoft reported first-quarter sales of €103 million for the 2011-12 fiscal year, representing a 36.3% decline compared to the same period in the previous year.

• Ubisoft reported Q1 2011-12 sales of €103 million, a 36.3% year-over-year decline that nonetheless outperformed the company's internal guidance of €90 million.
• Back-catalog sales surged by 84%, led by titles like Assassin’s Creed Brotherhood, while online revenue grew by 45%, helping to mitigate the impact of a lighter new release schedule.
• The company reaffirmed its full-year sales target of €1,040 million to €1,080 million and projects Q2 sales of approximately €99 million.

Ubisoft Annual Report 2011

The Ubisoft 2011 Annual Report details a fiscal year defined by strategic restructuring and a pivot toward high-quality internal production.

• Ubisoft reported a net loss of €152.1 million for the financial year ended March 31, 2011.
• The company's business model is highly seasonal, with the third quarter accounting for an average of 54% of annual sales over the previous three years.
• Development delays for major titles like 'Tom Clancy Ghost Recon' and 'Driver' in 2010/2011, combined with underperforming sales for 'Prince of Persia The Forgotten Sands', were identified as key risks to financial results.

Ubisoft Full-Year 2010-11 Results

Ubisoft’s fiscal year 2010-11 results demonstrate a significant financial turnaround characterized by strong revenue growth and improved operational efficiency.

• Ubisoft achieved annual sales of €1,039 million in fiscal 2010-11, representing a 19.3% increase over the previous year.
• The company returned to profitability at the operating level with €29.4 million in current operating income, a significant improvement from the prior year's €59.6 million loss.
• A net loss of €52.1 million was recorded, but this was primarily driven by €95.9 million in non-recurring reorganization charges; excluding these, the company would have posted a net profit of €21.4 million.

Ubisoft Third-Quarter 2010-11 Sales Results

Ubisoft’s third-quarter fiscal 2010-11 sales report highlights a period of significant growth, with quarterly sales reaching €600 million, a 21.2% increase over the same period in the previous fiscal year.

• Ubisoft achieved €600 million in third-quarter sales for fiscal 2010-11, a 21.2% year-over-year increase that exceeded initial guidance of €520 million.
• Total sales for the first nine months of the fiscal year reached €861 million, representing a 30.3% increase compared to the same period in the prior year.
• Growth was driven by the strong performance of key franchises, specifically 6.5 million units sold of Assassin's Creed Brotherhood and 10.5 million units sold across the Just Dance and Michael Jackson: The Experience portfolio.

Ubisoft Financial Report 2009/2010

The 2009/2010 fiscal year represented a period of significant financial recalibration for Ubisoft as the company navigated a volatile global gaming market.

• Ubisoft reported an 18% decline in annual sales to €871 million for the 2009/2010 fiscal year, resulting in a net loss of €43.7 million.
• Financial losses were primarily driven by a contraction in the casual gaming market and significant inventory write-downs, particularly within the Nintendo DS segment.
• Despite fiscal losses, the company maintained a net financial surplus of €41.3 million and increased its internal production spending to €259 million to prioritize long-term innovation.

Ubisoft First Quarter 2010-11 Sales Results

Ubisoft’s first-quarter fiscal results for 2010-11 demonstrate significant financial growth, with total sales reaching €161 million.

• Ubisoft’s Q1 2010-11 sales reached €161 million, a 94% increase over the previous year's €83 million and exceeding the company's €145 million guidance.
• Growth was primarily driven by the release of Splinter Cell Conviction, which sold 1.9 million units, and continued demand for back-catalog titles including Just Dance, Assassin’s Creed 2, and Avatar.
• The Xbox 360 platform was the company's largest revenue source, accounting for 45% of total sales for the quarter.

Ubisoft Reports Estimated Sales for First Quarter 2010-11

Ubisoft reported estimated sales of €160 million for the first quarter of the 2010-11 fiscal year, representing a 93% increase over the €83 million recorded during the same period in the previous year.

• Ubisoft reported Q1 2010-11 sales of €160 million, a 93% increase year-over-year that exceeded the company's initial guidance of €145 million.
• The sales performance was driven by the release of Splinter Cell Conviction, which sold 1.9 million units, and sustained demand for titles including Just Dance, Assassin's Creed 2, and Avatar.
• Favorable currency exchange rates contributed €9 million to the company's total revenue for the first quarter.

Ubisoft Annual Report 2010

The 2010 Ubisoft Annual Report details a period of significant financial transition and strategic realignment for the company during the 2009-2010 fiscal year.

• Ubisoft reported an 18% decline in annual sales to €871 million and a net loss of €153 million for the 2009-2010 fiscal year, largely due to a contraction in the casual gaming market.
• The company pivoted its strategy toward high-end blockbuster titles and digital infrastructure, highlighted by a 24% increase in internal production capital expenditure and the launch of the Uplay platform.
• Despite financial losses, Ubisoft maintained its position as the third-largest independent publisher, driven by the commercial success of Assassin’s Creed II and Just Dance.