French video game publisher Ubisoft Entertainment reported a net loss of €159 million ($178 million) for the fiscal year 2024-2025, marking a return to the red despite the release of Assassin's Creed Shadows. The company's revenue declined to €1.90 billion from €2.30 billion the previous year, with full-year net bookings falling 20.5%. Adjusted operating net income was negative €15.1 million, compared to a profit of €1.79 billion last year. Ubisoft's shares dropped over 18% following the announcement, reflecting investor concerns over the company's financial outlook. For fiscal year 2025-2026, Ubisoft guided for stable net bookings year-over-year, breakeven adjusted operating income, and positive free cash flow. The company is undergoing restructuring and cost-cutting measures, aiming to be debt-free by the end of 2025 despite ongoing commercial challenges. Ubisoft's financial report highlighted a solid balance sheet but noted increased cash usage for game development. The stock's decline contributed to a difficult trading session for Ubisoft on the Paris stock exchange, even as the broader CAC 40 index closed higher. Discussions around the company's recent strategy and content direction have also emerged, with some criticism regarding the impact on its brand and workforce of 19,000 employees.
Bourse : Le CAC 40 termine en légère hausse, Forsee chute https://t.co/4S6lm8uTX2
Comme Walt Disney aux États-Unis, le champion français du jeux-vidéo @UbisoftFR a « wokisé » ses productions. Les conséquences pour l’avenir de la marque et ses 19 000 employés sont terribles. Les entreprises doivent comprendre que les consommateurs rejettent cette idéologie https://t.co/ryFBWjbOH6
Comme Walt Disney aux États-Unis, le champion français du jeux-vidéo @UbisoftFR a « wokisé » ses productions. Les conséquences pour l’avenir de la marque et ses 19 000 employés sont terribles. Les entreprises doivent comprendre que les consommateurs rejettent cette idéologie https://t.co/74WB7xqjqz