Ubisoft has launched its newest monetary abstract, which covers the 2024-25 fiscal 12 months, and it is protected to say that issues aren’t precisely trying up for the studio proper now.
In its presentation, Ubisoft reveals that each gross sales and revenue are down in comparison with final 12 months. The interval in query technically additionally covers the launch of latest flagship sport Murderer’s Creed Shadows, so though the sport’s gross sales efficiency was robust, it wasn’t sufficient to save lots of the studio from a troublesome 12 months.
In an accompanying press launch, Ubisoft says it would refocus its efforts in the direction of “extra evergreen providing(s)” as a part of a “product roadmap optimization”, presumably that means we are able to count on to see fewer one-off titles and extra live-service-adjacent video games from the corporate.
Moreover, Ubisoft says it would proceed its ongoing price discount program, as a part of which the corporate hopes to slash “no less than €200m” from its prices by the subsequent monetary 12 months.
The studio says it is already achieved a discount of “round €205 million” as of March thirty first, however {that a} additional €100m will have to be minimize over the subsequent two years, which signifies that we may see a repeat of the sweeping cuts that noticed three Ubisoft studios shut their doorways within the final six months or so.
Firm CEO Yves Guillemot says the plan is to construct “evergreen, billion-euro-brand ecosystems” based mostly on Ubisoft’s three most profitable franchises: Murderer’s Creed, Rainbow Six, and Far Cry.
That is the rationale behind the creation of a model new company entity for the corporate’s core IP, which was first mooted again in March earlier than being made official later within the 12 months.
Guillemot goes on to say that as a part of a “overview” of Ubisoft’s “pipeline”, the studio has made the choice to “present further improvement time to a few of [its] largest productions”.
He does not title these productions, however upcoming titles embrace cellular sport The Division Resurgence and the long-awaited Prince of Persia: The Sands of Time Remake, so it is completely doable that each of those productions can be delayed even additional.
You possibly can take a look at Ubisoft’s full monetary presentation right here if you wish to learn an awesome quantity of corpo-speak (and take a look at some numbers as effectively, I suppose).
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