Ubisoft Announces Significant Revenue and Booking Declines for 2024/25

Sure, here’s a rewritten version:

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Okay, so here’s the deal with Ubisoft. They’re this big, shiny French company that’s supposed to be making loads of money, but… surprise? Not really. They’re seeing those numbers tumble, like really tumble, for the year ending March 2025. And I can’t help but wonder, is anyone shocked?

They pulled in €1.9 billion, which sounds like a lottery win, but it’s 17.5% less than before. Yikes. Net bookings crumbled by 20.5% to €1.84 billion. Yeah, not great. And just when you think it can’t get worse, back catalogue bookings shrank 13.5% to €1.3 billion. I think I even groaned reading that.

But Yves Guillemot, their CEO—picture him with a face that’s both worried and optimistic (if that’s even a thing)—says there’s some good news floating in this fiscal mess. He goes on about how it was all tough because there’s lots of competition, yadda yadda. Amid all that chaos, they apparently scraped together some positive free cash flow. No idea how, but credit to them, I guess?

Yves is like, well, knowing there’s more storms coming, they’ve done some serious grown-up stuff. First off, they pulled off Assassin’s Creed Shadows. And get this—the fans went wild, both the die-hards and the newbies. So there’s that little win. Oh, and they wrapped up their cost-saving thing early. Now, they’re like, “Let’s chop off another €100 million over the next two years!” Which sounds bold or desperate… kind of a toss-up.

And that’s where we’re at—messy numbers, cautious optimism, and a bit of Assassin’s Creed magic trying to keep the ship afloat.