Ubisoft Report: Sales of Assassin's Creed Nexus VR disappointed, Skull and Bones — AHHH-game
Last night, Ubisoft published a report for the third fiscal quarter ended December 31, 2023. We have chosen the main thing.
Skull and Bones
- The company's revenue amounted to €606.4 million, falling by 21.5% compared to the previous year.
- Net receipts amounted to €626.2 million. This is 13.8% less in annual terms, but more than Ubisoft expected to see. She predicted revenues of €610 million.
- 75% of the proceeds came from digital sales (in—game purchases, DLC purchases, subscriptions, etc.) - €468.2 million.
- Games from the back catalog provided €359.9 million in revenue.
- If we talk about platforms, consoles generated the largest revenue — 62%. Next are PCs (30%) and mobile devices (5%). For comparison, in 2022, mobile was the most monetary platform — 43%, while consoles and PCs accounted for 36% and 11% of revenues, respectively.
- Ubisoft expects that its new products Assassin's Creed Mirage, Avatar: Frontiers of Pandora, The Crew Motorfest and Prince of Persia: The Lost Crown will sell well for a long time. She did not disclose their circulation.
- The Crew Motorfest surpassed The Crew 2 in a variety of indicators, including revenue and player activity.
- Rainbow Six Siege was also doing well. The players spent 60% more time in it than in 2022. The audience and revenue have grown "significantly".
- Assassin's Creed Nexus VR sold worse than Ubisoft expected. According to the head of the company Yves Guillemot, Ubisoft will now stop increasing investments in virtual reality.
- Ubisoft believes that Skull and Bones deserves a $70 price tag. It's about its scale. "Skull and Bones is a full—fledged game. It is very big, and we are sure that people will see for themselves how large and complete it is. This is a real AAA... AAAAA game that will prove itself in the long run," explained Guillemot. Note that Ubisoft previously considered Skull and Bones to be an AAAAA game. In 2020, words about this were found in the LinkedIn accounts of developers.
- For the next fiscal year (April 2024 - March 2025), Ubisoft has two major releases planned: Star Wars Outlaws and Assassin's Creed Codename Red. She is also preparing to release the freeplay The Division Resurgence and Rainbow Six Mobile.
- Ubisoft expects that the fourth quarter will be successful thanks to the already released Prince of Persia: The Lost Crown and the upcoming Skull and Bones and XDefiant.
- The company expects its operating profit for the full fiscal year to be €400 million. She did not name the expected revenue.
After the release of the report, Ubisoft shares rose by 17% and at the time of the news they were trading at a price of €23.31 per share.
