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Ubisoft Financials

Ubisoft reports first-half 2017-2018 sales and earnings, showing an upswing they explain thusly: "Group's outperformance once again buoyed by its strategy of extending game experiences and by new high-quality offerings." As for the big numbers, they say: "Gross margin rose to 83.7% of sales and 390.1 million in absolute value terms (compared with 80.5% and 226.4 million in the first six months of 2016-17). Ubisoft ended the first half of 2017-18 with non-IFRS operating income of 3.1 million versus a non-IFRS operating loss of 61.8 million in first-half 2016-17." One interesting element noted by Gamasutra is that for the first time Ubi's microtransactions brought in more revenue than digital game sales alone. The financial news includes word from the boss:

Yves Guillemot, Co-Founder and Chief Executive Officer, stated: "We continue to offer players outstanding game experiences with unrivalled variety - ranging from Mario + Rabbids: Kingdom Battle to Assassin's Creed Origins, and including South Park: The Fractured but Whole. In addition to these new releases, players are engaging with a large amount of additional high-quality content which provides them with longer-term entertainment. This includes Blood Orchid, the recent major update to Rainbow Six Siege, and Ghost War, the highly-acclaimed PvP mode for Ghost Recon Wildlands. And it doesn't stop there: in the coming weeks we will notably release Resistance, a massive free update to The Division, and South Park: Phone Destroyer, a free-to-play mobile game. Our commitment to providing high-quality game experiences and supporting them for the long term is driven by the importance we place on our player communities. This winning content strategy drove a 66% surge in our sales for the first half of 2017-18 - largely exceeding our targets - as well as a sharp increase in our earnings."

Guillemot concluded "The quality of our new releases is the result of our effort to transform our model and make our business more profitable and recurring. Given longer development lead times, our talents can fully express their creative visions and therefore maximize the potential of our games. The success of these releases - notably the 100%2 sales growth for Assassin's Creed Origins - combined with solid live operations demonstrate that Ubisoft is ideally positioned to deliver further growth in future fiscal years, both in terms of financial performance and shareholder value."

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4. Re: Ubisoft Financials Nov 7, 2017, 20:43 jacobvandy
 
It's not just microtransactions, as in buying bullshit virtual currency to exchange for in-game items. That category of "not game sales" that makes up 51% of their digital revenue includes all subscriptions, season passes, expansions, etc. and also some advertising.  
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3. Re: Ubisoft Financials Nov 7, 2017, 20:36 Cutter
 
ItBurn wrote on Nov 7, 2017, 20:29:
RedEye9 wrote on Nov 7, 2017, 19:46:
microtransactions brought in more revenue than digital game sales
We are doomed

Actually, it's what "we" want. "We" bought those microtransactions.

Who's "we" paleface? I am most certainly not down with the sickness.
 
Avatar 25394
 
You've got to be cruel to be kind...in the right measure.
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2. Re: Ubisoft Financials Nov 7, 2017, 20:29 ItBurn
 
RedEye9 wrote on Nov 7, 2017, 19:46:
microtransactions brought in more revenue than digital game sales
We are doomed

Actually, it's what "we" want. "We" bought those microtransactions.
 
Avatar 56211
 
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1. Re: Ubisoft Financials Nov 7, 2017, 19:46 RedEye9
 

microtransactions brought in more revenue than digital game sales
We are doomed
 
Avatar 58135
 
https://www.newyorker.com/contributors/andy-borowitz
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