Ubisoft Financials

Ubisoft reports third-quarter 2020-21 sales results, which cover the period ending December 31, 2020. boasting "higher-than-expected performance thanks to excellent execution, top-quality launches and a powerful catalog." They report record net bookings of over €1 billion, saying this exceeds their target. They also held one of those post-earnings conference calls, saying they are "undecided" if they will raise game prices to $70 in 2021, they are moving away from reliance on AAA releases, they are in the early stage of development of their "groundbreaking" Star Wars game, and we'll "see more on The Division" coming later this year. In their financial statement, Ubi lays claim to the crown of being the leading publisher in terms of unit sales on all platforms for 2020:

  • Record net bookings of €1,001.0 million, exceeding the Group’s target
  • Net bookings for the first nine months of fiscal 2020-21
  • The leading publisher¹ in terms of unit sales on all platforms combined in 2020
  • New-generation (Playstation 5, Xbox Series X/S)1: Ubisoft ranked second-leading publisher – with Assassin’s Creed® Valhalla, Watch Dogs®: Legion, and Immortals Fenyx RisingTM all in the top 7 best sellers.
  • Switch¹: Ubisoft top third-party publisher in 2020, with Just Dance 2020® the 8th best seller
  • Record number of unique players in a quarter
  • Assassin’s Creed Valhalla: Record revenue² for the franchise
  • Just Dance 2021: Net bookings up sharply compared with Just Dance 2020
  • Continued strong momentum for the back-catalog in the quarter:
    • Robust growth for Brawlhalla®, Mario + Rabbids® Kingdom Battle, Far Cry® 5, The Crew® 2 and Anno® 1800
    • A more than 200% surge for Just Dance back-catalog
    • Steep rise in player engagement for Assassin’s Creed Odyssey and Assassin’s Creed Origins
    • Solid acquisition for Tom Clancy’s Rainbow Six® Siege, with some 70 million players registered since its launch
  • Targets tightened for 2020-21: Net bookings of between €2,220m and €2,280m and nonIFRS operating income of between €450m and €500m
  • Ubisoft ESG commitment rewarded with “Prime” status by ISS ESG

¹ Data for the 2020 calendar year based on number of units sold as per official panels (NPD for NCSA and GSD/GfK for EMEA)
² Total consumer spending
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Re: Ubisoft Financials
Feb 9, 2021, 19:14
1.
Re: Ubisoft Financials Feb 9, 2021, 19:14
Feb 9, 2021, 19:14
 
boasting "higher-than-expected performance thanks to excellent execution, top-quality launches and a powerful catalog."

"They would later report several dislocated shoulders as a result of patting themselves on the back."
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Feb 9, 2021Feb 9 2021
Re: Ubisoft Financials