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Ubisoft Rights The Ship In Fiscal Year 2015, Posting Surges In Revenue, Profits
Ubisoft has announced its results for the fiscal year ending March 31, 2015. The company has posted increased revenues and profits, holding firm on its upcoming lineup plans.
Ubisoft reports €1.46 billion ($1.63 billion) in sales for this year, up from €1 billion ($1.12 billion) in the last fiscal year. Operating income jumped from a loss of €65.6 million ($73.2 million) last year to a positive result of €170.1 million ($189.9 million). Likewise, last year’s net loss of €49.3 million ($55 million) has been improved to profits of €112.7 million ($125.8 million).
The publisher also notes that three of its releases were in the top seven best-sellers of 2014: Assassin’s Creed Unity, Far Cry 4, and Watch Dogs. Echoing a trend we’ve seen across the industry, digital revenues are up for Ubisoft.
The company says it has seen an increase of 96.8 percent in digital earnings year-over-year, representing 26.1 percent of total sales (up from 19.3 percent in the year prior).
Ubisoft continues to stand by its anticipated release for The Division in this fiscal year (ending March 31, 2016), though it doesn’t directly specify if the game will land in this calendar year. Also planned are Assassin’s Creed Syndicate (revealed today), Rainbow Six Siege, Just Dance, and an unannounced game.
We’ll have more from Ubisoft’s earnings call, which will begin shortly.
[Source: Ubisoft]
Our Take
I’m glad to see Ubisoft turning things around, but the most interesting bit of information is still unrevealed. With Ubisoft Annecy just added to The Division development, is that game still slated to land in this calendar year, or will it get bumped to early 2016?
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