Ubisoft Reports Third-Quarter 2023-24 Sales

Q3 net bookings slightly ahead of target Sustained performance driven by high-quality new releases and back-catalog strength

2023-24 targets confirmed

FY25 release slate to include Star Wars Outlaws™ and Assassin’s Creed® Codename Red

Third fiscal quarter: Net bookings of €626.2 million, slightly ahead of guidance at around €610 million. Excluding mobile that included the recognition related to the Assassin’s Creed® Jade licensing partnership last year, net bookings were up 43.1% year-on-year in Q3 and 45.1% year-on-year in the first nine months, driven by high-quality new releases and back-catalog strength.

Strong sequence of high-quality new releases designed to be long sellers

▪ Assassin’s Creed® Mirage successfully harnessed the strength of the Assassin’s Creed brand to deliver a back-to-the-roots experience including the return of fan-favorite gameplay.

▪ Avatar: Frontiers of Pandora™ set an industry benchmark in terms of world creation and was favorably received by players, positioning the game to be a long-term seller.

▪ The Crew® Motorfest, released in Q2, continues to outperform The Crew 2 on acquisition, activity, monetization and net bookings metrics since launch, on a comparable basis, thus growing the franchise.

▪ Prince of Persia™: The Lost Crown, released on January 18, has been unanimously praised by critics and players in reviving an iconic brand.

Q3 Back-catalog: Strong performance demonstrating the power of major brands and Live services

▪ Tom Clancy’s Rainbow Six® Siege: Continued positive momentum with net bookings up sharply vs. last year and strong growth in both number of players and session days per player, with playtime up nearly 60% year-on-year.

▪ Assassin’s Creed® brand: Overperformance driven by robustness of the brand that benefitted from the halo of the successful Mirage launch.

2023-24 targets confirmed: Strong topline growth and approximatively €400 million of non-IFRS operating income