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Ubisoft Profits $47.7 Million due to Increased Digital Sales - News

by William D'Angelo , posted on 15 May 2012 / 6,170 Views

Ubisoft has released today its financial report for the fiscal year ending March 31, 2012. Revenue increased by 2.1 percent to $1.36 billion, with profits of $47.7 million. This is due to a 110 percent increase in online sales which reached $102.74 million. However, sales in its fourth quarter decreased 9.6 percent to $206.77 million.

$742.31 million of its revenue was from the sales of core games, including Assassin's Creed: Revelation, The Settlers Online, Rayman: Origins, and Driver: San Francisco. $620.30 of its revenue was generated from the sale of casual games. This includes titles such as Just Dance, Howrse, and Rocksmith.

"Ubisoft achieved a 90% surge in current operating income in fiscal 2011-12, in the upper range of the targets announced a year ago," said Ubisoft CEO Yves Guillemot. "This achievement was notably spurred by strong growth in online/digital revenue. We ended the year in a solid financial position - all the while having continued to invest in the future - primarily thanks to better-than-expected cash flows."

Guillemot continued, "Lastly, thanks to our focus on ramping up our teams' online expertise, combined with the know-how brought in by our recent acquisitions and with the recruitment of specialized talent, we are now in a position to fully seize the numerous current and future opportunities of the video game industry."


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5 Comments
ManusJustus (on 16 May 2012)

strong

  • +5
LivingMetal (on 16 May 2012)

I'm not the biggest fan of Ubisoft, but I've grown a liking for the Assassin's Creed series. I also just noticed a lot of Ubisoft offering on sale on the PlayStation Store. More power to them.

  • +1
Iveyboi (on 16 May 2012)

Ubisoft is one of the last publishers that I like right now....

  • 0
kljesta64 (on 15 May 2012)

weak

  • -8
duckypwns kljesta64 (on 21 May 2012)

I agree, 47.7 million dollars is pocket change. Everyone that gave your comment a thumbs down is just poor.

(Obviously joking morons)

  • +1