Today Ubisoft released its financial results for the third quarter of fiscal year 2017-18, which ended on December 31st, 2017.
Below you can check out a breakdown of sales by platform and by region. As usual, PS4 remains Ubisoft’s top-selling platform. While Sont’s platform’s dominance declined slightly year-on-year, it increased sharply from last quarter’s 31%. Xbox One sales also increased (from 20% last quarter), likely due to the joint marketing on Assassin’s Creed Origins and the launch of Xbox One X. Switch sales dropped considerably from 19%, lacking the solid boost given in the past quarter by the release of Mario + Rabbids Kingdom Battle.
Chief Executive Officer Yves Guillemot also accompanied the press release with a statement, providing more information on the situation of Ubisoft’s business between October and December 2017.
“Our very strong third-quarter performance highlights two areas in which we have made major strides. First, our games’ live operations are making steady progress. This has fueled momentum for digital and back catalogue, which both hit record highs this quarter. Second, the increasingly recurring profile of our business has had a very positive impact on our new releases. By taking additional time to develop our games, we have been able to deliver three top-quality titles since August, including the grand return of Assassin’s Creed.”
“These successes demonstrate that our differentiating strategy of combining long-term investment in our talented teams and our multi-studios collaboration model is paying off. This strategy enables us to deliver high-quality blockbusters while keeping our communities engaged through regular major updates. As a result, Ubisoft is perfectly positioned to reach its targets for fiscal 2017-18 and 2018-19.”
We also get a series of bullet points featuring the publisher’s most relevant achievements during the past quarter. The company boasts the performance of its biggest franchises starting with Assassin’s Creed Origins, while Mario + Rabbids Kingdom Battle was the top-selling among the Nintendo Switch’s third-party games.
- €725.0 million in third-quarter sales, up 36.8% year on year, outstripping Ubisoft’s revised target of around €700.0 million and its original target of €630.0 million.
- Great execution across the board
- Assassin’s Creed Origins:
- Industry’s third best-seller in EMEA in 2017
- Average playtime per player expected to almost double
- Tom Clancy communities: almost 60 million unique players
- Ghost Recon Wildlands: Industry’s seventh best-seller in EMEA and tenth in NCSA in 2017
- Rainbow Six Siege esports: World-famous teams – Evil Geniuses, Team Liquid, FaZe Clan and Counter Logic Gaming – joined the Pro League
- The Division: Player engagement more than doubling with the 1.8 update
- Switch: Ubisoft is the console’s leading third-party publisher, with Mario + Rabbids Kingdom Battle ranking top-seller for Switch’s third-party games
- For Honor: Fifth most viewed new game on Twitch in 2017
- Mobile: 75.6% growth and partnership signed between Ketchapp and Tencent in China
- Very significant advance for digital transformation (nine-month period)
- Sharp 75.0% rise in Digital revenue to €670.3 million (representing 56.3% of total sales compared with 47.2% one year earlier)
- PRI3 surges 87.4% to €318.5 million (representing 26.7% of total sales compared with 20.9% one year earlier)
- Confirmation of the strongly recurring profile of the Group’s business (nine-month period)
- Back-catalogue sales up 31.5% to €608.8 million
Last, but not least, the press release showcased a list of Ubisoft’s releases during the current quarter (until March 31st, 2018).
If you want to compare, you can also check out the previous quarter’s results in our dedicated article.