2 min read
Ubisoft, one of the leading publishers in the gaming industry, is facing significant financial challenges, with a reported 31% drop in both revenue and net bookings for the nine months ending December 31, 2024. The company’s financial results indicate a decline in revenue to €990 million, alongside a 34.8% fall in net bookings, which now stand at €944 million.
The overall net bookings from Ubisoft’s back-catalogue goods have fallen by 27.7% despite contributing a large part of the company’s earnings. Ubisoft retains strong hopes for its forthcoming game release Assassin’s Creed: Shadows planned to arrive on March 20 despite the present financial performance. Pre-orders for Shadows mirror those of Assassin’s Creed Odyssey therefore demonstrating optimism for the company’s sales comeback.
Following the global collapse, Ubisoft shares prices fell significantly, lowering their market value by 52% to €11.32. According to current figures, Ubisoft will have a difficult fiscal year as the business focuses on Assassin’s Creed: Shadows in order to regain investor faith through higher revenue and stock value.
Because of its importance in Ubisoft’s publisher strategy, the Assassin’s Creed franchise is the key source of support for their financial recovery plan. As the gaming giant navigates through this fiscal slump, all eyes are on Shadows to see if it can reverse the financial decline and set the company on a more stable trajectory.
