So, picture this: Ubisoft, you know, the big French game company, just dropped some heavy news about their finances for the year ending March 2025. Things aren’t looking too rosy, to be honest.
Anyway, they pulled in about €1.9 billion, which sounds like a lot, right? But it’s actually a 17.5% drop from before. As for net bookings, those fell 20.5% to €1.84 billion. Their back catalog sales also slipped by 13.5%. Not exactly a party over there, ya know?
Now, Yves Guillemot, the guy in charge – he’s the CEO and founder – had a few things to say. You’d think he’d be all doom and gloom, but nah. He mentioned there’s some bright spots in this otherwise gloomy picture. Apparently, they managed to keep the cash flow positive. I guess that’s kinda important? Like, the company’s got some discipline or something. Financial stuff, am I right?
Get this, they’ve got a game called Assassin’s Creed Shadows (cool name, huh?) that did pretty well. Fans are digging it, both the old faithful ones and the newbies. That’s gotta count for something, I suppose. And they finished some cost savings plan ahead of time – big whoop. But hey, they’re looking to save another €100m over the next couple of years. Trying to tighten things up, it seems.
It’s like – Ubisoft knows they’ve got some hurdles ahead. But there’s this weird mix of hope and uncertainty. Maybe that’s life, huh? Game on, Ubisoft! Or at least, I hope they do.