UBISOFT Entertainment

UBI

Equity

ISIN FR0000054470 / Valor 491199

Euronext - Euronext Paris (2024-09-17)

EUR 11.83+4.46%

UBISOFT Entertainment
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About company

UBISOFT Entertainment is a global video game company with a workforce of 21,000 employees spread across various offices and studios worldwide. The company was founded by a family and has since grown to become a prominent player in the gaming industry, known for developing and publishing popular video game titles across multiple platforms. With a focus on creating immersive and engaging gaming experiences, UBISOFT Entertainment continues to innovate and expand its presence in the competitive gaming market.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

UBISOFT Entertainment reported IFRS 15 sales of €2,300.9 million for the full year 2023-24, marking a 26.8% increase compared to the previous year's €1,814.3 million. This growth was driven by strong performance across various game titles and services.

Net Bookings

For the fourth quarter of 2023-24, UBISOFT Entertainment achieved net bookings of €872.7 million, a significant rise of 178.7% from the €313.2 million recorded in the same quarter of the previous year. Full-year net bookings reached €2,321.4 million, up 33.5% from €1,739.5 million in 2022-23.

Operating Income

UBISOFT Entertainment's non-IFRS operating income for 2023-24 was €401.4 million, a substantial improvement from the previous year's loss of €(500.2) million. This turnaround reflects the company's effective cost management and revenue growth strategies.

Net Income

For the fiscal year 2023-24, UBISOFT Entertainment reported an IFRS attributable net income of €157.8 million, translating to an IFRS diluted EPS of €1.24. This is a notable recovery from the net loss of €(494.2) million and diluted EPS of €(4.08) in 2022-23.

Cash Flow

UBISOFT Entertainment's non-IFRS cash flows from operating activities showed a net cash outflow of €393.3 million in 2023-24, compared to a net cash outflow of €354.2 million in the previous year. This includes a positive non-IFRS cash flow from operations of €90.8 million, up from a negative €227.3 million in 2022-23.

Summarized from source with an LLMView Source

Key figures

-58.7%1Y

-78.8%3Y

-83.2%5Y

Performance

42.3%1Y

44.5%3Y

41.6%5Y

Volatility