Ubisoft has revealed its financials for the quarter ending June 30, reporting a 73 percent year-on-year decline in sales to €96.6 million.
While this exceeds the company's target of €80 million, it's still a big drop from last year's €360.1 million, which was hit largely thanks to Watch Dogs.
The French publisher is attributing the above-expectations results to a 59 percent increase in back-catalog sales, including a "better-than-expected performance" by Assassin's Creed Unity and "sustained demand" for Far Cry 4, The Crew and Watch Dogs. Digital revenues also totaled €54.1 million, which was 56 percent of total sales compared with only 23 percent a year ago.
In terms of sales by platform, 27 percent of the company's revenue came from PS4 titles. PC is in second place with 23 percent, which is quite a leap from the 14 percent it made up at the same time last year. The PS3, Xbox 360 and Xbox One are all responsible for around 11 percent of revenue, which is somewhat surprising. Finally, the Wii and Wii U make up 3 percent of sales - a small increase from last year's 2 percent.
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While this exceeds the company's target of €80 million, it's still a big drop from last year's €360.1 million, which was hit largely thanks to Watch Dogs.
The French publisher is attributing the above-expectations results to a 59 percent increase in back-catalog sales, including a "better-than-expected performance" by Assassin's Creed Unity and "sustained demand" for Far Cry 4, The Crew and Watch Dogs. Digital revenues also totaled €54.1 million, which was 56 percent of total sales compared with only 23 percent a year ago.
In terms of sales by platform, 27 percent of the company's revenue came from PS4 titles. PC is in second place with 23 percent, which is quite a leap from the 14 percent it made up at the same time last year. The PS3, Xbox 360 and Xbox One are all responsible for around 11 percent of revenue, which is somewhat surprising. Finally, the Wii and Wii U make up 3 percent of sales - a small increase from last year's 2 percent.
Continue reading…
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