MULTI Ubisoft profits up 24%, expects $1b this year

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Jan 18, 2007
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One week after it touted its upcoming releases in Paris, Ubisoft has reported its earnings for its last financial year, which ended on March 31. During the previous 12 months, the Paris-based publisher posted record earnings, taking in 680.3 million euros ($917.1 million)--a 24.4 percent increase over the year before. Gross profit rose 91.7 million euros ($123.6 million) to top 452.4 million ($609.9 million). Net income for the year was 40.5 million euros ($54.6 million), way up from the 11.9 million euros ($16.1 million) it took in the prior year. Diluted earnings per share were 0.91 euros ($1.23).
Ubisoft said its milestone-setting income was "fueled by sales of new generation games, which accounted for 60 percent of the total sales figure"--or more than $550 million. Ubisoft was an early and avid supporter of the latest batch of gaming machines, and scored hits on the Xbox 360 with Tom Clancy's Ghost Recon Advanced Warfighter and Rainbow Six Vegas and on the Wii with Red Steel and Rayman Raving Rabbids. Its forthcoming shooter Haze is one of the year's most anticipated releases for the PlayStation 3.
"The sharp improvement in our operating profitability in fiscal 2006-07 reflects the diversity and strong performance of our games portfolio," CEO Yves Guillemot said in a statement. "Ubisoft has laid the foundation for starting 2007-2008 in excellent conditions and is well-positioned to continue to gain market share and further increase its profitability in a high-growth sector."
 
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  • Necrokiller Necrokiller:
    Reminds me of the time MS tried to charge PC gamers for online play
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  • Necrokiller Necrokiller:
    When will console companies realize this sh*t doesn't work on PC
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  • SolitarySoldier SolitarySoldier:
    doesn't change the fact that sony is extra chu this gen
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  • StrikerX StrikerX:
    Mofos sharpened a spear and shoved it up theirs and Arrowhead's ass
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  • StrikerX StrikerX:
    Sony <3
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  • Necrokiller Necrokiller:
    Jeez, throwing all those sales away for the sake of PsN accounts. What a mess.
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  • Chandoo Chandoo:
    faraany3k said:
    I have heard that it is now unplayable in countries which do not support handful of third world countries not recognized by Sony like Pakistan. Steam is a true global platform.Then they cry that console gaming is dying.
    170 + countries where Steam sells but PSN doesn't will lose access unless they use VPN
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  • Chandoo Chandoo:
    It has a worst rating on Steam than last years MW3 now. Jeese Sony, how can you fuck it up THIS BAD
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  • faraany3k faraany3k:
    I have heard that it is now unplayable in countries which do not support handful of third world countries not recognized by Sony like Pakistan. Steam is a true global platform.Then they cry that console gaming is dying.
    Link
  • Chandoo Chandoo:
    How to ruin a perfectly good thing for dummies - by Sony
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  • Chandoo Chandoo:
    Helldivers 2 is now trending worse stream user reviews than SUICIDE SQUAD
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  • Necrokiller Necrokiller:
    Good guy Gaben refunding the game way past what the policy allows 👍
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  • Necrokiller Necrokiller:
    Poor Arrowhead getting screwed by Sony 😞
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  • Necrokiller Necrokiller:
    Gaben ki reach hai, PSN ki nahi hai. Gaben ain't stressing over publishers who rush to his store in the first place 😂
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  • Chandoo Chandoo:
    Gaben ki reach nah hai :(
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  • Chandoo Chandoo:
    saeen I don't think the PSN teams are stressing over needing to offer hundreds of thousands of refunds lol
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  • Necrokiller Necrokiller:
    fuckin' lol
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  • Necrokiller Necrokiller:
    Saeen literally glossed over the fact that PSN isn't available in those 177 countries
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  • Chandoo Chandoo:
    fuckin' lol
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  • Chandoo Chandoo:
    Helldivers 2 delisted on Steam from 177 countries
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  • Necrokiller Necrokiller:
    iampasha said:
    Alan wake 2 is yet to recover it's development costs. Due to no physical release and no steam launch.
    You reap what you sow. This is what happens when you take away choice from consumers. Even with 88% split going to developers, they can't recoup costs. Meanwhile, Helldivers 2 is a massive hit for Sony thanks in big part to Steam.
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  • iampasha iampasha:
    Alan wake 2 is yet to recover it's development costs. Due to no physical release and no steam launch.
    • Haha
    Reactions: Necrokiller
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    Necrokiller Necrokiller: Reminds me of the time MS tried to charge PC gamers for online play