Watch Dogs

Ubisoft Third Quarter 2014-15 Sales Results

Ubisoft’s third-quarter fiscal 2014-15 sales results demonstrate significant financial growth, characterized by record-breaking quarterly performance and an upward revision of full-year targets.

• Ubisoft reported third-quarter fiscal 2014-15 sales of €809.7 million, a 55.8% year-over-year increase that exceeded initial projections of €730 million.
• Full-year sales targets were raised to approximately €1,440 million, with non-IFRS operating income projected at €165 million.
• Digital revenue surged by 157% during the quarter, representing a significant strategic shift in the company's income composition.

Ubisoft H1 FY15 Earnings Presentation

Ubisoft’s H1 FY15 earnings presentation outlines a period of significant financial growth and operational success, driven primarily by the strong performance of new intellectual property and an expanding digital footprint.

Ubisoft Reports First-Half 2014-15 Sales and Earnings Figures

Ubisoft’s financial results for the first half of the 2014-15 fiscal year demonstrate a significant recovery and strong operational momentum compared to the same period in the previous year.

• Ubisoft reported H1 2014-15 sales of €484.2 million, a 65.1% increase over the €293.3 million recorded in the same period of the previous fiscal year.
• The company achieved a non-IFRS operating income of €24.2 million, a significant turnaround from the €98.0 million operating loss reported in H1 2013-14.
• Digital segment revenue surged by 90.4%, accounting for 27.8% of total sales, largely driven by the launch of Watch Dogs, which sold over 9 million units.

Ubisoft Reports First Quarter 2014-15 Sales

Ubisoft’s first-quarter fiscal 2014-15 results demonstrate significant financial growth, driven primarily by the successful launch of the new intellectual property, Watch Dogs.

• Ubisoft achieved record first-quarter sales of €360 million, a 374% year-over-year increase that surpassed the company's initial €310 million projection.
• The launch of the new intellectual property Watch Dogs was the primary growth driver, achieving 8 million sell-in units and establishing the title as a major franchise.
• Digital segment revenue grew by 149% to €84 million, fueled by Watch Dogs, mobile Free-to-Play titles, and smaller digital releases.

Ubisoft Annual Report 2014

The 2014 Ubisoft Annual Report details a challenging fiscal year characterized by a significant decline in financial performance, primarily driven by the strategic postponement of major titles such as Watch Dogs and The Crew.

• Ubisoft reported a 19.9% decline in annual sales to €1.007 billion and a net loss of €65.5 million for the 2013/2014 fiscal year, largely due to the postponement of major titles like Watch Dogs and The Crew.
• The company set a revenue target of at least €1.4 billion for the 2014/2015 fiscal year, banking on a robust pipeline of intellectual property to return to growth.
• Despite financial losses, the organization maintained a strong equity position of €810 million while continuing to invest in R&D and next-generation console development.

Ubisoft FY14 Earnings Presentation

The Ubisoft Fiscal Year 2014 earnings presentation outlines the company’s financial performance for the period ending in 2014 and establishes its strategic roadmap for the subsequent fiscal year.

Ubisoft Full-Year 2013-14 Sales and Earnings Figures

Ubisoft’s fiscal year 2013-14 financial results reflect a challenging period characterized by a decline in annual sales and a shift toward digital revenue streams.

• Ubisoft reported annual sales of €1,007 million for fiscal year 2013-14, representing a 19.9% decline compared to the previous year.
• The company recorded a non-IFRS operating loss of €66 million, a significant downturn from the €100 million operating income achieved in 2012-13.
• Digital revenue grew by 32% to reach €195 million, accounting for 19% of total annual sales for the fiscal year.

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 Updates Its Financial Targets and Games Release Schedule for 2013-14

Ubisoft has revised its financial targets and release schedule for the 2013-14 fiscal year, primarily driven by the decision to delay the launch of two major titles, Watch Dogs and The Crew, until the 2014-15 fiscal year.

• Ubisoft has delayed the release of 'Watch Dogs' and 'The Crew' to the 2014-15 fiscal year to prioritize quality and align with the new console cycle.
• The company downgraded its 2013-14 sales guidance from a range of €1,420–€1,450 million to a new estimate of €995–€1,045 million.
• Financial projections for 2013-14 shifted from expected positive operating income to a projected non-IFRS operating loss of €40–€70 million.