
Oh Snap! Ubisoft's Numbers Aren't Playing Games
Alright people Captain Marvel here. Word on the galactic street is that Ubisoft the folks behind *Assassin's Creed* are having a bit of a rough patch. Turns out even stabbing Templars in the face can't always save your bottom line. Their stock took an 18% nosedive after their full year earnings report landed with a thud harder than when I accidentally flew through that Kree warship last Tuesday. A 20.5% drop in net bookings? That’s worse than when Goose coughed up a Tesseract on my flight suit. Seriously people get it together!
Assassin's Creed: More Like Assassin's Greed... For Delays
So apparently the latest *Assassin's Creed* game *Shadows* was supposed to be their big save. But even after two delays it seems like it couldn't quite stick the landing. Maybe they should have consulted with Nick Fury on how to manage expectations or at least hired a Skrull to impersonate a successful financial quarter. Ubisoft's blaming it on 'lower than expected partnerships,' which sounds like corporate speak for 'we forgot to ask anyone for help.'
Operating Loss? Sounds Like a Skrull Plot!
To add insult to injury they're reporting an operating loss of 15.1 million euros. That's enough to buy a whole lotta cat food for Goose... and probably a few intergalactic warships too. Their outlook for the next year isn't exactly making anyone do backflips either. 'Stable' is the new 'thrilling,' apparently. Carol Danvers is not impressed.
Tencent to the Rescue? Or Just Another Infinity Stone?
Now here's where things get interesting. Ubisoft's teaming up with Tencent that Chinese tech giant. They're forming a new gaming subsidiary with Tencent throwing in 1.16 billion euros for a 25% stake. Sounds like a big deal but I’ve seen enough intergalactic alliances to know things aren't always as they seem. Hopefully this isn't just another power play for world domination because I’m already dealing with enough of that from the Kree.
Shares Tanking Faster Than a Skrull Spaceship in a Dogfight
The company's shares have lost almost 60% of their value in the past year. Yikes! That’s worse than my batting average in that intergalactic softball game last summer (don't ask). Seems like they're facing financial struggles development hiccups and some underperforming titles. Time for Ubisoft to pull a Danvers and level up or else they might find themselves facing a bigger threat than any video game boss: bankruptcy!
The Future? Stable They Say. We'll See...
Ubisoft expects the Tencent deal to close by the end of 2025. Until then they're aiming for 'stable' net bookings. Stable? Really? In this economy? In this galaxy? Well I guess even Captain Marvel can’t save every company from financial doom. But if they need someone to fly in and kick some corporate butt they know where to find me. Just don't expect me to play *Assassin's Creed* – I'm more of a *Ms. Pac Man* kinda gal. Later Earthlings!
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