Ubisoft Projects Significant Decline in Revenue and Bookings for 2024/25

Man, okay, so here’s this thing about Ubisoft. They just dropped some big numbers for the financial year ending in 2025, and honestly, it’s kinda all over the place. They’re saying they made like €1.9 billion. Sounds like a lot, right? But it’s actually a 17.5% dip from last year. Ouch. And net bookings? Down 20.5% to €1.84 billion. I mean, what does that even mean? Probably not great if you’re looking at it from a business perspective, you know?

Anyway, they did this thing with their back catalogue net bookings falling too. Like, 13.5%. Those numbers were around €1.3 billion, but it sounds like even their old stuff isn’t selling like it used to. It’s kind of a bummer for them, I guess. But Yves Guillemot, the CEO, is still finding some silver linings in all this mess. Maybe he’s just really optimistic, or… I dunno. It’s like searching for a needle in a haystack, but sure, why not?

So Yves, he’s got this to say about a tough year with lots of competition and stuff, “mixed dynamics” or something. Basically, all the industry challenges. He wrote this whole thing about it, trying to keep it cool about sustaining positive free cash flow. Which, I’m guessing, is business-speak for “we’re not totally screwed.” Kinda comforting, maybe?

He then talks about these challenges coming up and said something about Assassin’s Creed Shadows being a big deal. Like their big moment of triumph. Fans loved it, apparently? It’s like… Okay cool, at least something’s going right. So that’s one win among those ugly numbers. Plus, they finished up a cost-saving project quicker than they’d planned. Handy.

And now, they’re aiming to save another €100 million over the next couple of years. Structural efficiencies, they say. I suppose that’s a good move? It’s like, more cuts, more efficiency, hopefully. But hey, fingers crossed, maybe it helps keep the ship afloat or whatever metaphor fits here.