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

Alright, so picture this: Ubisoft, the French gaming bigwig, just dropped a financial bombshell or something. Their revenue took a nose dive for the fiscal year ending March 2025. And when I say nose dive, I mean they snagged about €1.9 billion—doing the math, that’s like $2.1 billion, right? That’s a 17.5% slip. Oops.

And as if that wasn’t enough, their net bookings? Yeah, those plummeted by 20.5%, landing them at €1.84 billion (around $2 billion for those keeping track). Back catalogue net bookings took a hit too, going down 13.5% to hit €1.3 billion, or $1.45 billion. Yikes.

But here’s Yves Guillemot, the CEO and mastermind behind Ubisoft, trying to scale the optimistic peak of this mountain of financial chaos. Classic Yves! He’s like, “Sure, we faced mixed dynamics in our lineup and all this gnarly competition, but hey, we pulled off some nifty free cash flow.” No idea what that means exactly, but it sounds cool.

Okay, Yves keeps on saying they’re facing challenges, but they’re not backing down. Cue the motivational music. Apparently, the launch of Assassin’s Creed Shadows was the Holy Grail moment of the century. Fans loved it, and even the newbies were impressed. Who knew?

Oh, and they managed to finish their cost-saving gig quicker than planned. They’re talking about squeezing out another €100 million over two years. Seems like someone’s tightening the belt. Trying to build their fortress, or something, for whatever’s coming next. Secure the foundations, right? Something like that, anyway.