Today Ubisoft announced its financial results for the first quarter of the fiscal year 2019-20, ended on June 30, 2019.
Below you can see a table with a summary of the results.
We can see a decrease in sales and net bookings yeah-on-year, while digital net bookings increased.
CEO Yves Guillemot provided a comment explaining the performance and mentioning that the results were “well above target,” also boasting “robust performance” of Rainbow Six Siege and Assassin’s Creed Odyssey.
“Yves Guillemot, Co-Founder and Chief Executive Officer, said “Our first-quarter net bookings came in well above target, thanks to the very robust performance of our games ‒ notably
Rainbow Six Siege and Assassin’s Creed Odyssey ‒ and a very strong increase in player recurring investment for PCs and consoles, led by record-high engagement levels per player. As well as this very good start to the fiscal year, the positive reception for our games at E3 has confirmed our full-year expectations.Ghost Recon Breakpoint was highly visible among content creators and earned a record-high sentiment score out of all E3 games. Watch Dogs: Legion made a huge impression thanks to its innovative gameplay, putting the franchise back in the spotlight. Our games line-up for fiscal 2019-20 – which also includes Rainbow Six Quarantine and Gods & Monsters – is one of our strongest in the last five years.
In the coming years, Ubisoft is ideally positioned to seize the many value creation opportunities that lie ahead and therefore to generate strong revenue growth and further increase its
profitability.”
On top of that, we get a look at some highlights for the quarterly performance:
- Assassin’s Creed Odyssey: very sharp increase in daily engagement, PRI and sellthrough compared with Assassin’s Creed® Origins in the first quarter
- Rainbow Six Siege:
- One of the industry’s top-ten best-selling titles over the last five years
- Q1 player engagement and PRI up year on year
- Agreement signed with Neowiz to make Rainbow Six Siege available in PC bangs in South Korea
- The Division 2: the industry’s biggest hit since the beginning of the year
- Strong E3 performance for Ubisoft:
- Ghost Recon Breakpoint: best sentiment score out of all E3 games
- Watch Dogs: Legion: more than 65 awards and nominations
- Roller Champions: the most streamed game of all E3 games
- Games for Change Awards: Ubisoft won three G4C awards, including the Industry Leadership Award in recognition of how its “longstanding dedication to social impact and the positive power of games has proven to inspire many individuals all around the world.”
As usual, we get a detailed breakdown of net bookings by region and platform. Interestingly, PC sales are on top followed by PS4, Xbox One, Mobile, and Switch.
During the follow-up press conference, CEO Yves Guillemot mentioned that Anno 1800 was a driving factor behind the strong showing of games for PC, but PC SKUs showcased a very good performance overall.
Last, but not least, below you can see the slate of releases by Ubisoft between July and September 2019.
If you want to compare, you can check out the results related to the past quarter, which were published in May.
