Today Ubisoft announced its financial results for the fiscal year 2021-22, related to the period ended on March 31, 2022.
Below you can find a summary of the publisher’s results on top of the forecast for current fiscal year.
The press release included the usual comment by Chief Executive Officer Yves Guillemot.
Interestingly, at the beginning of the conference call, Guillemot also commented about the talks of consolidation and acquisitions.
Guillemot mentioned that there has been a lot of talk about consolidation in the industry and in Ubisoft in particular. Ubisoft’s overall position is clear, and it’s that they have “everything they need to remain independent.” They have the talents and franchise to create “massive value in the coming years.” This has helped Ubisoft create partnerships with the biggest players in entertainment and tech.
According to Guillemot, the current speculation puts in plain sight the real appeal and value of Ubisoft’s assets, and the company’s value creation potential.
That being said, as a publicly listed company, it’s established practice for the board to review any offer in the interest of all shareholders and of Ubisoft’s teams.
Guillemot concluded by affirming that Ubisoft won’t comment further on this topic.
Chief financial officer Frédérick Duguet also commented.
On top of that, we also get a list of highlights for the company’s quarterly achievements. Assassin’s Creed Valhalla actually grew from its release year, while this was the best year ever for the Far Cry brand.
- Building major franchises: In 2021-22, Ubisoft’s three largest brands each generated wellover 300 M€ of net bookingsAssassin’s Creed: Brand’s net bookings nearly doubling vs 2019-20, the prior release-freeyear. Stellar performance of Assassin’s Creed Valhalla, with more unique players in 2021-22than in 2020-21Far Cry: Best year ever for the brandTom Clancy’s Rainbow Six: Net bookings growth on the back of the brand’s expansionwith Rainbow Six Extraction. Very positive reception for Rainbow Six Siege Year 7 roadmapGrowing the recurring profile of our business: Back-catalog up 11.1%, and representedmore than 50% of total net bookings for the fourth consecutive yearContinued transformation of the organizationExpansion of the Executive Committee and new independent board memberEvolved capital allocation decision-making process with new brand, editorial, production andtechnology leaderships and frameworkAttracted numerous top-tier talents and welcomed back more than 600 talents1Continuous progress in Diversity and Inclusion: 25% of Ubisoft’s workforce is women vs.22% two years ago. Strong representation of women at leadership levels: respectively 42%and 45% for the Executive Committee and the Board
Below you can check out a breakdown of the publisher’s sales by platform and region and the slate of releases for the current fiscal quarter.
Assassin’s Creed: Brand’s net bookings nearly doubling vs 2019-20, the prior release-freeyear. Stellar performance of Assassin’s Creed Valhalla, with more unique players in 2021-22than in 2020-21Far Cry: Best year ever for the brandTom Clancy’s Rainbow Six: Net bookings growth on the back of the brand’s expansionwith Rainbow Six Extraction. Very positive reception for Rainbow Six Siege Year 7 roadmap
Expansion of the Executive Committee and new independent board memberEvolved capital allocation decision-making process with new brand, editorial, production andtechnology leaderships and frameworkAttracted numerous top-tier talents and welcomed back more than 600 talents1Continuous progress in Diversity and Inclusion: 25% of Ubisoft’s workforce is women vs.22% two years ago. Strong representation of women at leadership levels: respectively 42%and 45% for the Executive Committee and the Board
Interestingly, Ubisoft has stopped splitting sales on console platform by brand as it did until the previous quarter and now bunches them all under “consoles.”
If you want to compare, you can check out the results related to the previous quarter, which were published in January.
