In addition, Ubisoft’s financial report also mentions the expansion of the “games as a service” market…
There’s been a lot of buzz around Ubisoft lately. The first trailer for Assassin’s Creed Shadows, the instalment of the franchise set in Japan, was released yesterday. However, the company still has several studios, divisions, and games that it plans to release in the near future. All of this will be discussed below, as a financial report with many exciting details has been shared.
A few hours ago, Ubisoft published its financial report for the last financial year, which discusses revenues, ambitions, and future projects.
This fiscal year, the company plans to release Assassin’s Creed Shadows, Star Wars Outlaws, The Division Resurgence (mobile), Rainbow Six Mobile and XDefiant by April 2025. A range of exciting and varied titles. However, what the company has made clear is that it wants to reclaim its leadership in open-world adventure games (after Stephen Totilo). Because this area “currently represents 25 billion euros and is expected to grow in the coming years”.
It’s something that will “continue in the coming years as we deliver immersive experiences that draw more players into our universes and reach new audiences, especially through multiplayer and mobile.” However, the company also explained that it is working on developing more games as a service.
“The second goal is to expand our presence in native GaaS (Games as a Service) experiences,” as this “currently represents €120 billion.”
This is what they will aim for with the three latest titles mentioned above. The games are The Division Resurgence (mobile), Rainbow Six Mobile and XDefiant.
Another big goal of Ubisoft
Ubisoft is a company that employs around 19,000 people. However, it has reduced its workforce by 17,000 over the past 18 months. The company now wants to reduce its costs by 200 million euros by the 2026 financial year. So, it wouldn’t be surprising if more layoffs and reorganizations were on the horizon.
The exciting thing about the financial report is that they do not comment on the sales of Prince of Persia Lost Crown either. However, the game is understood to have performed poorly, selling only 300,000 copies in its first months. What surprised the company, however, is The Crew Motorfest, which continues to surpass the previous instalment of the car saga.
Company headcount down 1,700 in 18 months.
Due to: tight control on recruitments, organizational simplification as well as targeted restructurings, the total number of employees stood at 19,011 at the end of March 2024… retention has continued to improve over the period."
— Stephen Totilo (@stephentotilo) May 15, 2024
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