Today Ubisoft published its financial results at the conclusion of financial year 2017-18, which closed on March 31st, 2017.
As usual, Ubisoft supplied a breakdown of sales by platforms and area. As usual, games on PS4 are located at the peak of the chart. Xbox One ranks second, PC third, and Nintendo Switch fourth.
Chief Executive Officer Yves Guillemot also accompanied the press release with an announcement, providing information about the performance of the brand.
“Ubisoft finished the fiscal year on a very positive note, with continued outstanding execution throughout the board. The Group further strengthened its brands as a result of the caliber of its games, powerful live services along with a deep commitment to player communities. During the fourth quarter, we attained a record of peak concurrent users thanks to record involvement levels and esports viewership to get Rainbow Six Siege, the most successful launch of Far Cry 5 — arguably the 2nd most significant launching in Ubisoft’s history — and also continued strong performance by Assassin’s Creed Origins, Mario + Rabbids Kingdom Battle along with our back-catalog names. Because of this, we have outperformed our fiscal goals, with record-high sales, electronic and back-catalog revenues, and profitability.
In the short and medium term, Ubisoft has lots of growth opportunities to tap and anticipates additional maturity increases. Our digital transformation is progressing at a faster speed than we anticipated. Our possible from the PC and cellular markets is massive, especially in China. Ultimately, we’re continuing to grow and building our esports offering, which reflects a substantial prospect.
On the longer term, new types of gambling, empowered notably by streaming, enables our manufacturers to reach a much wider audience. Consequently, we are investing in our online services platform — which boasted 88 million unique active players — as well as in artificial intelligence to be able to better tailor made the game experience to every player’s profile and therefore offer them ever-richer experiences”
The statement also contained a series of highlights of the company’s performance during the period. Ubisoft boasts 310 million dollar in revenue in the release week for Far Cry 5, “record” functionality for Assassin’s Creed Origins previously quarter, thirty million registered players for Rainbow Six Siege, twenty five for Tom Clancy’s The Section, and ten to get Ghost Recon Wildlands.
- Total yearly sales of1,731.9 million, up 18.6 percent year on year, outstripping goal of about $1,640.0 million.
- Non-IFRS working income up 26.2 percent to $300.1 million, exceeding goal of $270.0 million.
- Non-IFRS operating margin reaches a record high at 17.3% (16.3% in 2016-17)
Last, but not least, the press launch showcased a record of Ubisoft’s declared releases at the upcoming months.
If you’re curious about Ubisoft’s performance over time, it is possible to also have a look at the prior quarter results in our committed article from February.