Yesterday, Ubisoft held its Q4 earnings call for the last fiscal year. During the call, Ubisoft discussed the financial performance of the past year and highlighted that Far Cry 5 sales performance has been quite well for them. Not only that, but Far Cry 5 has been Ubisoft’s best-selling console game of this generation in terms of units sold.
During the earnings call, Ubisoft reported sales of 1.8 billion euros ($2 billion) for the fiscal year 2018-19. Net bookings for the year were according to the company’s expectations at 2 billion euros ($2.2 billion), which turns out to be a 17 percent increase over 2017.
During the sales call, Ubisoft co-founder and CEO Yves Guillemot discussed the company’s position going forward as the gaming industry moves towards cloud and streaming gaming services such as Google Stadia and PlayStation Plus.
“The video game industry is at the dawn of a deep-seated transformation,” Guillemot said. “These major changes will be driven in large part by the growing success of console and PC franchises on mobile and the advent of cloud gaming…. Ubisoft is ideally positioned within this overall context.”
Guillemot went on further to say that Ubisoft own[s] all of its key brands, which gives them excellent visibility and added that the company will be speeding up the investments in its teams and studios in order to support growth.
Far Cry 5’s huge sale numbers are incredibly impressive when you consider the other titles Ubisoft has pushed out in this generation such as For Honor, Rainbow Six Siege, Assassin’s Creed Origins and Odyssey, Tom Clancy’s The Division 1 and 2, and Tom Clancy’s Ghost Recon: Wildlands.
Right now, most of Ubisoft’s attention is towards Tom Clancy’s Ghost Recon: Breakpoint which is due to release on 4th October 2019. It will be interesting to see how Breakpoint holds up against the heavy hitter, Far Cry 5.
You can find the slideshows for Ubisoft Earnings call Q4 2019 here.