akagi1945
Member
After Square Enix or Activision Blizzard, it's Ubisoft's turn to tell us about its financial results for the 2019/2020 financial year ended March 31. For the year 2019/2020, the French company declares to have a Net Bookings down by more than 24% for the year ended March 31 2020, for a total result amounting to 1.53 billion euros instead of 2.02 billion compared to the same period for the year 2018/2019. An annual performance in decline therefore which can be explained by the absence of big releases during the year 2019. Indeed, except for Just Dance 2020 , Tom Clancy's The Division 2 or Ghost Recon Breakpoint which has received a mixed reception from players, Ubisoft has not released any major production in recent months, focusing exclusively on the development of Watch Dogs Legion or Assassin's Creed Valhalla.
Ubisoft: Decreasing turnover
However, Ubisoft claims to have achieved a fourth fiscal quarter exceeding the expectations set by the company. In fact, the Net Bookings for this last quarter, even if still below the results obtained during the 2018/2019 financial year, amounted to 417 million euros.
Ubisoft takes advantage of this financial statement to reveal the good health of its service games, starting with Rainbow Six Siege which now has more than 60 million registered players, with a record commitment established in recent months, in January and February and March. The success of Rainbow Six Siege is notably due to the eSports competitions. Indeed, according to The Esports Observer, Ubisoft's tactical FPS ranks fourth among the most influential PC games in the gaming industry. Daily engagement is also up 90% for Assassin's Creed Odyssey , and sales of Just Dance 2020 were more than doubled in the fourth quarter of fiscal year 2019/2020 with an increase in Net Bookings of 156%.
Ubisoft: Decreasing turnover
Obviously, Ubisoft and more particularly Yves Guillemot, the general manager of the French brand, have returned to the current health crisis. Like Activision Blizzard and many other publishers, Ubisoft has taken many precautions during this pandemic period to protect all employees of the company.
But despite this latest bleak news, Ubisoft looks confident for the coming year and more particularly for the first quarter of 2020/2021. Indeed, the publisher expects a Net Bookings amounting to around 335 million euros, nearly 20 million euros more compared to the first quarter of the year 2019/2020. For the global financial year of 2020/2021, the company intends to reach a Net Bookings of between 2.35 and 2.65 billion euros thanks to the arrival of major productions such as Watch Dogs Legion , Gods & Monsters , Rainbow Six Quarantine and of course Assassin's Creed Valhalla which, we recall, is expected for the end of 2020 on PC, PlayStation 4, PlayStation 5, Xbox One and Xbox Series X.
Ubisoft: Decreasing turnover
However, Ubisoft claims to have achieved a fourth fiscal quarter exceeding the expectations set by the company. In fact, the Net Bookings for this last quarter, even if still below the results obtained during the 2018/2019 financial year, amounted to 417 million euros.
Ubisoft takes advantage of this financial statement to reveal the good health of its service games, starting with Rainbow Six Siege which now has more than 60 million registered players, with a record commitment established in recent months, in January and February and March. The success of Rainbow Six Siege is notably due to the eSports competitions. Indeed, according to The Esports Observer, Ubisoft's tactical FPS ranks fourth among the most influential PC games in the gaming industry. Daily engagement is also up 90% for Assassin's Creed Odyssey , and sales of Just Dance 2020 were more than doubled in the fourth quarter of fiscal year 2019/2020 with an increase in Net Bookings of 156%.
Ubisoft: Decreasing turnover
Obviously, Ubisoft and more particularly Yves Guillemot, the general manager of the French brand, have returned to the current health crisis. Like Activision Blizzard and many other publishers, Ubisoft has taken many precautions during this pandemic period to protect all employees of the company.
But despite this latest bleak news, Ubisoft looks confident for the coming year and more particularly for the first quarter of 2020/2021. Indeed, the publisher expects a Net Bookings amounting to around 335 million euros, nearly 20 million euros more compared to the first quarter of the year 2019/2020. For the global financial year of 2020/2021, the company intends to reach a Net Bookings of between 2.35 and 2.65 billion euros thanks to the arrival of major productions such as Watch Dogs Legion , Gods & Monsters , Rainbow Six Quarantine and of course Assassin's Creed Valhalla which, we recall, is expected for the end of 2020 on PC, PlayStation 4, PlayStation 5, Xbox One and Xbox Series X.
