Ubisoft Reports Steady Financial Foundation Despite Revenue Decline

Ubisoft's financial report for the 2024-25 fiscal year highlights a stable financial position, with notable praise for Assassin's Creed Shadows, despite significant drops in revenue and back-catalog sales. The company's headcount decreased by 1230 over the past year. Key financial figures include a revenue of €1899.2 million, down 17.5% from the previous year, and net bookings of €1846.4 million, representing a 20.5% decrease. CEO Guillemot emphasized the company's strategic focus on open-world adventures and native GaaS experiences, leading to a reshaped operating model. Ubisoft reaffirmed its commitment to iconic IPs, including Assassin's Creed, Rainbow Six, and Far Cry, with plans for a strong five-year lineup in partnership with Tencent. The company reported 30 million unique active players for Assassin's Creed and Rainbow Six, and 20 million for Far Cry, with over 100 million unique active players across all brands. A transaction with Tencent is set to crystalize the economic value of leading franchises, with Tencent investing €1.16bn and acquiring a 25% economic interest. CEO Guillemot expressed confidence in the company's ability to build a stronger, more resilient organization, with plans to announce a new organization structure by the end of the year and provide additional development time to key productions.