Gross profit increased to 78.1%
Ubisoft released its annual report for the 2015-2016 financial year. Big thing coming for the 30-year anniversary in 2016 and saw a wide release of various games. Games like Far Cry Primal, Tom Clancy’s The Division, Tom Clancy’s Rainbow Six Siege, The Crew and Just Dance were released in that fiscal year.
The report revealed that digital sales for Ubisoft were €446.7 million which was an increase of 16.7%. 32% of their sales were digital. For Q4, 2015-2016, they had sales totaling €624.9 million which was an increase of 267.7% from the previous year.
Ubisoft’s gross profit increased to 78.1% which was an improvement from 77% of the previous year. But in absolute value terms, this reduced to €1,088.9 million from €1,126.7 million of the previous year.
All these added up to total sales of €1,394 million and a 12% increase in profitability for Ubisoft.
The report also reported detailed sales by platform. Most of their sales were from the PlayStation 4 which gave them 42% of their sales. Xbox One had 26%, PC had 14%, PS3 had 3%, Xbox 360 had 4%, the Nintendo Wii had 3%, the Wii U had 2% and other platforms had 6% of their total sales.
Most of their sales came from the United States/Canada with a giant slice of 47%. This was followed by the United Kingdom with 9%, Germany and France with 8%, the rest of Europe with 16%, Asia with 9% and the rest of the world with 3%.
It was estimated that for the 2016/2017 financial year, unless Ubisoft makes a major acquisition, it should be able to finance its operations from cash and other facilities available at its disposal including a minimum of €510 million in lines of credit of more than one year.
Also, included in the report were the various ventures undergone by Ubisoft to reduce greenhouse emissions. Social responsibilities and charity events undergone by Ubisoft were included in the report.
As can be seen from this article, the 2015-2016 financial year was highly successful for Ubisoft. The 2016-2017 financial year can only get better as Watch Dogs 2, the sequel to 2014 game Watch Dogs was highly applauded by reviewers. Grow Up, Trackmania Turbo and other games released in that year also sold well with rave reviews. Not to forget the Assassin’s Creed movie which was also released then.
Just recently, Far Cry 5, The Crew 2 and a new Assassin’s Creed game reportedly set in Egypt were announced with a reveal set for E3 2017. The games are all slated for release within a 2017-2018 window. A lot of fans were excited with the announcement of this games and many can’t wait to pre-order the games. Things couldn’t possibly get better for Ubisoft
Source : Greatgames4u.com