Just Dance

Ubisoft Strategic Focus Update: 2022-23 Financial Targets

Ubisoft has announced a significant strategic pivot to address recent financial underperformance and shifting industry dynamics characterized by a move toward mega-brands and long-term live services.

• Ubisoft is pivoting to a brand-centric strategy, canceling seven projects and prioritizing high-impact franchises to counter recent financial underperformance.
• The company expects a full-year net bookings decline of over 10%, a significant reversal from previous projections of 10% growth.
• Management forecasts a non-IFRS operating loss of €500 million for the 2022-23 fiscal year.

Ubisoft FY21 Earnings

The Ubisoft fiscal year 2021 earnings report details a period of significant financial growth and operational expansion for the company.

Ubisoft H1 FY21 Earnings

Ubisoft’s H1 FY21 earnings report details a period of strong financial performance, characterized by a significant increase in net bookings and a record operating margin of 15%.

• Ubisoft achieved 754.7 million euros in H1 FY21 net bookings, exceeding targets and reaching a record 15% operating margin.
• Net bookings from back catalog and live services grew 39.4% year-over-year, supported by 100 million unique players across titles like Rainbow Six Siege and Assassin’s Creed Odyssey.
• The company reported a non-IFRS consolidated net income of 90.1 million euros, marking a significant year-over-year improvement.

Ubisoft First-Half 2020-21 Earnings Figures

Ubisoft’s first-half earnings for fiscal year 2020-21 demonstrate strong financial outperformance, characterized by record profitability and significant growth in digital and back-catalog net bookings.

Ubisoft First-Quarter 2020-21 Sales

Ubisoft achieved record financial performance for the first quarter of the 2020-21 fiscal year, significantly outperforming internal targets.

• Ubisoft reported Q1 2020-21 net bookings of €410.0 million, marking a 30.5% year-on-year increase that significantly exceeded internal targets.
• Digital sales accounted for 86.7% of total net bookings, with Player Recurring Investment (PRI) contributing 48.4%.
• Growth was driven by strong back-catalog performance, specifically a 60% increase in Assassin’s Creed net bookings and a 500% surge in Just Dance.

Ubisoft Third-Quarter 2019-20 Sales

Ubisoft’s third-quarter 2019-20 sales report outlines the company’s financial performance for the period ending December 31, 2019, while reaffirming its strategic focus on long-term digital transformation and live-service engagement.

Ubisoft Reports First-Half 2015-16 Sales and Earnings Figures

Ubisoft’s financial results for the first half of the 2015-16 fiscal year, ending September 30, 2015, demonstrate a period of planned transition characterized by a lack of major title releases.

• Ubisoft reported H1 2015-16 sales of €207.3 million, a 57.2% decline year-over-year due to a lack of major title releases in the period.
• Digital sales grew significantly to account for 48.3% of total revenue, up from 27.8% in the same period the previous year.
• Back-catalog sales increased by 53.1% to €184.3 million, driven by the sustained performance of franchises like Assassin’s Creed, Far Cry, and Just Dance.

Ubisoft Semi-Annual Financial Report: September 30, 2014

Ubisoft maintains its position as a global leader in the creation, publishing, and distribution of interactive entertainment and video games.

Ubisoft Reports Third-Quarter 2013-14 Sales

Ubisoft’s third-quarter fiscal 2013-14 sales report outlines the company’s financial performance during a period of significant industry transition.

• Ubisoft reported Q3 fiscal 2013-14 sales of €520 million, representing a 35.2% decline compared to the same period in the previous year due to the console generation transition.
• The company adjusted its full-year 2013-14 sales target to approximately €1,000 million, with an anticipated non-IFRS operating loss of €65 million.
• Assassin’s Creed IV Black Flag was a primary performance driver with 10 million sell-in units, while the Just Dance franchise contributed 6 million units.

Ubisoft FY13 Earnings Presentation

The Ubisoft Fiscal Year 2013 earnings presentation outlines a period of significant financial growth and strategic transition, characterized by an 18% increase in total sales to 1,256 million euros and a 79% surge in non-IFRS operating income to 100 million euros.

Ubisoft Semestrial Financial Report: 2012-13

Ubisoft’s financial performance for the first half of the 2012-13 fiscal year demonstrates a period of top-line growth tempered by seasonal volatility and increased operational expenditure.

Ubisoft First-Half 2012-13 Sales and Earnings Figures

Ubisoft’s financial results for the first half of the 2012-13 fiscal year demonstrate a period of strategic investment and revenue growth, characterized by a 12.1% increase in sales to €279.2 million compared to the same period in the previous year.

• Ubisoft increased first-half sales by 12.1% to €279.2 million, driven by Tom Clancy’s Ghost Recon Future Soldier, Just Dance 4, and a 59% surge in online segment revenue.
• The company reported a current operating loss of €58.1 million, up from €49.3 million in the previous year, due to increased marketing spend for second-half title launches.
• Management raised full-year sales targets to a range of €1,200 million to €1,260 million and increased the upper end of operating income guidance to €100 million.