Ubisoft Q3 FY15 Results: PS4 #1 Platform, Assassin’s Creed Combines for 10 Million Shipped
Ubisoft reported their Q3 Fiscal Year 2015 (ending December 31, 2014) results today, revealing that sales were €809.7 million ($922 million), which is an increase of 55.8% compared to Q3 FY13. For the first nine months of this fiscal year, overall sales are €1.29 billion, which is an increase of 59.2% over the same time period in the previous fiscal year.
With these higher than expected sales, Ubisoft now claims a market share of 12.8% (up from 9.6% in 2013).
As for the performance of their games, Assassin’s Creed Unity and Assassin’s Creed Rogue combined to ship 10 million units, Far Cry 4 shipped 7 million units, Just Dance shipped 4 million units, and The Crew shipped 2 million units.
Here’s a few other highlights:
- The Crew was the #1 selling racing game released in late 2014.
- Watch Dogs has over 10 million units shipped since launch and is the biggest new IP in the EMEA region, and second biggest in the US.
- Digital sales rose 157% during the quarter.
- Back catalog sales rose 25.9% during the quarter.
- PlayStation 4 was the #1 platform for Ubisoft in Q3, garnering 34% of all sales. Xbox One was in 2nd with 23%.
Ubisoft CEO Yves Guillemot talked about the quarter:
In 2014, Ubisoft offered gamers the most diversified line-up in the industry, with titles such as Assassin’s Creed Unity, Child of Light, Far Cry 4, Just Dance 2015, The Crew, Trials Fusion and Frontier, Valiant Hearts and Watch Dogs.This uniquely varied offering was also recognized for its overall quality. As a result we achieved a third-quarter performance that was well above target and we expect to generate a record level of free cash flow for 2014-15.
We are now capitalizing on the investments we have made over the past several years to further develop our creative strengths, boost our marketing impact and extend our digital footprint. Our performance is all the more impressive given that it is wholly the result of Ubisoft’s teams. Each of these successful games was developed by our in-house studios and we own our brands, which means that our destiny is in our own hands and we are internalizing the value created for our shareholders.
2015-16 should see a return to growth in the consoles market, in a more competitive games environment and with a substantial installed base for both Xbox One and PlayStation 4. Against this backdrop, Ubisoft will be offering an exceptional line-up and we intend to drive player engagement further through high-potential live services for our games across consoles, PC and mobile.
Ubisoft expects sales for this final quarter to be down 25% compared to the previous fiscal year, which saw the release of South Park: The Stick of Truth.