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Skull and Bones

GameBy Ubisoft

Documents about Skull and Bones

Cover of Ubisoft: How to Destroy $15 Billion in Shareholder Value | Pixels & Profits
72 min
GameMakers72 min

Ubisoft: How to Destroy $15 Billion in Shareholder Value | Pixels & Profits

Ubisoft is currently undergoing a catastrophic collapse in market capitalization, plummeting from a 2018 peak of $16.5 billion to less than $1 billion.

  • Ubisoft’s market capitalization has collapsed from a 2018 peak of $16.5 billion to less than $1 billion, despite annual revenue declining by only approximately 20%.
  • The company’s revenue-per-employee metric is currently one-fourth that of industry peers like Electronic Arts, highlighting severe operational inefficiencies and a bloated corporate structure.
  • Management has consistently diverted resources from core franchises like Assassin’s Creed and Rainbow Six Siege toward underperforming, trend-chasing projects such as Skull and Bones and Star Wars Outlaws.
GameMakersJan 2026