French video game publisher Ubisoft posted a net loss of 190.1 million euros in the first half of the 2022-2023 fiscal year, despite a rise in revenue from its catalog in the second quarter, it said on Thursday. In comparison, the share of the net loss of the group, namely the publisher From “Assassin’s Creed”.” and “Rabbids– In the first half of the 2021-22 fiscal year, it amounted to 900,000 euros.
“This was foreseen in our forecasts and therefore we have confirmed our annual targets“, said Ubisoft’s CFO Frederic Dugue during the conference, assuring that this will not happen.”no effectAbout the success of the goals of the 2022-2023 fiscal year. “The group expected this operating loss given the delay in the release of several games and the cancellation of four games announced in July.“, he then emphasized.
The group’s turnover in the first half of 2022-2023 was 731.2 million euros, 2.7% less than the 751.3 million euros achieved in the same period last year. For the 2022-2023 financial year, the French group continues to expect growth.”more than 10%“from”net bookings“(“net reserves”, i.e. sales excluding deferred revenue), its reference figure.
The game “Avatar” has been delayed
The objective is also to achieve an operational result400 million euros”, reminded Ubisoft, which intends to surf the release of several big games such as Mario + The RabbidsSparks of hope” and “2023just dancefor the second semester scheduled for November 22.
Conversely, other important titles have been delayed, such as “Skull and boneswas originally scheduled for early November and was pushed back to March 9. Ditto for the highly anticipated game.”Avatar:“, originally slated for late 2022 to accompany the theatrical release of the American blockbuster’s second opus, is now set to “2023-2024“.
For “Skull and bones“, “development is now complete, and after playtesting in September, we are now fine-tuning and balancing the game (…) This release window will allow us to take advantage of the larger installed base of next-gen consoles.Ubisoft said. Awaiting 2023 release “Mirage“The new installment of his successful franchise”Assassin’s CreedUbisoft also announced that “ValhallaLaunched in 2020, surpassed 20 million unique players.
Source: Le Figaro
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