I think the problem a lot of people have with the Ubisoft situation is that they confuse the actual financials of the company and the shareprice to be one of the same. When all the other YouTubers have complained about the current situation, they ONLY look at share price, they never look at the actual financial statements. As an accounting this is tremendously dissapointing because all it is promoting is wide spread misinformation which has lead to your, abhorently sensationalistic video title about bankruptcy.
Here are the actual facts. In the financial year that just finished in France, i.e, March 2024. Ubisoft reported 2.3 billion Euro in sales. So what does this mean? This means, in the period of April 1 2023 and 31 March 2024 Ubisoft sold more products than any single year before in the entire history of the company. So people saying Ubisofts current games are trash and people don't want them, this is flat out incorrect, again, more sales than any other year in the history of the company, "bu bu but… the vibe and tone of internet discussions!" yeah.. no dude, best year of sales of all time, more ubisoft products selling than ever before, you're getting swept up in waves of misinformation from a very vocal minority. https://www.statista.com/statistics/328291/ubisoft-annual-sales/
So what is the problem? Well there are a few. The first main one is that Ubisoft are spending way too much on development. In the 2023 financial year Ubisoft spent 1.4 billion Euro on game development, which is 600k more than the previous 3-4 years before that. No doubt on putting together Shadows while simultaneously building a new IP out of Outlaws, trying to invest a significant amount of money into their main bread and butter franchise and simultaneously with new IPs has resulted in a poor return on investment, this means that as an investor, Ubisoft doesn't look as nice because you could take your investment elsewhere and get a better return on your investment.
But thats half the story. Here is the real scoop for people that aren't completely and utterly financially illiterate, i.e, every single YouTuber on the platform right now. Everything I'm about to say is 100% confirmable through Google and Ubisofts latest financial statements.
The first is that Ubisoft made 313 million last year, this resulted in a diluted earnings per share of 1.24 euro per share. What does that mean in lamens terms, it means if you buy an Ubisoft share right now at todays price of 10.48 euro and they made the same profit next year, you'd make a 12% return on your investment (fully franked, meaning most of the tax is already taken care of if not retained and paid as a dividend), which is actually considered a pretty fantastic return. Before the share price fell that would be closer to 5% which is pretty bad, so at the current shareprice, Ubisoft to an investor is starting to look like a pretty good buy. The next thing to note is Ubisofts current market cap is 1.36 billion euro. This means if you wanted to buy ALL the shares in the company, i.e, buy the entire company, it would cost you 1.36 billion euro. But the book value of the company is 1.8 billion dollars. So what does this mean? It means, if you bought a share in the business right now and the company folded tomorrow, you'd likely get most of your investment back. In March of this year Ubisoft was sitting on 1.2 billion in cash and another billion in receivables which is almost enough alone to wipe out the entire companies borrowings. This means if Ubisoft went under today there is a good chance they could just pay their way out of all their debt and the stuff left over, all the buildings they own, all the inventory they have, their entire catalogue of games, any proceeds from the sales of those would go right back to the investors which at the current price would likely result in a risk free investment.
So to summarise, no, Ubisoft is not going bankrupt, they are not even close to going bankrupt, they just reported their best year of sales in history. To people that owned shares 6 months ago it sucks they just lost half their investment, but to anyone looking to invest, you have a company right here who is profitable and owns one of the biggest gaming franchises on the planet that will now likely give you one of the best returns on investment in the gaming industry right now, even if the company did go bankrupt tomorrow, you'd likely get most of your investment back making it close to risk free. Plus ALLLLLLL of what I've said was reported before preorders opened for Shadows, so any money that AC Shadows makes will be on top of all the above benefits.
The "fear" exhibited by the current CEO is only for himself and not the current company as the business is now sitting in a position where a hostile takeover isn't just likely, it might actually be very profitable at the current shareprice, so Ubisoft won't be going anywhere, but their CEO might be kicked out hence the panic from him specifically. Honestly if you were looking for something to invest in, Ubisoft at sub 11 euros is actually pretty enticing, 6 months ago, no way, but today? If I wasn't saving for a huge overseas holiday in a months time I'd be dumping cash into Ubisoft shares.
mhm them launching their new AC like two weeks before Monster Hunter Wilds which is topping steam wishlist charts is an interesting decision. I don't wan Ubisoft to go belly up just yet for the single reason that they're finally financing a new Heroes of Might and Magic game after ~ten years.
Is it just me or can you actually hear the fear in their announcements?
Cringe of hell
thought I was watching a vid from a ytber with lots of subs, amazing editing and good job
imagine a world, where indie studies get to pickup the IPS that ubisoft drops behind when they go bankrupt
this title is 10/10 LMAO
maybe theyd be in a better situation if they diddnt exclusively release shite for the last decade,
Hopefully every lead developer and executive in Ubisoft gets blacklisted from the industry so they cant ruin another game
I think the problem a lot of people have with the Ubisoft situation is that they confuse the actual financials of the company and the shareprice to be one of the same. When all the other YouTubers have complained about the current situation, they ONLY look at share price, they never look at the actual financial statements. As an accounting this is tremendously dissapointing because all it is promoting is wide spread misinformation which has lead to your, abhorently sensationalistic video title about bankruptcy.
Here are the actual facts. In the financial year that just finished in France, i.e, March 2024. Ubisoft reported 2.3 billion Euro in sales. So what does this mean? This means, in the period of April 1 2023 and 31 March 2024 Ubisoft sold more products than any single year before in the entire history of the company. So people saying Ubisofts current games are trash and people don't want them, this is flat out incorrect, again, more sales than any other year in the history of the company, "bu bu but… the vibe and tone of internet discussions!" yeah.. no dude, best year of sales of all time, more ubisoft products selling than ever before, you're getting swept up in waves of misinformation from a very vocal minority. https://www.statista.com/statistics/328291/ubisoft-annual-sales/
So what is the problem? Well there are a few. The first main one is that Ubisoft are spending way too much on development. In the 2023 financial year Ubisoft spent 1.4 billion Euro on game development, which is 600k more than the previous 3-4 years before that. No doubt on putting together Shadows while simultaneously building a new IP out of Outlaws, trying to invest a significant amount of money into their main bread and butter franchise and simultaneously with new IPs has resulted in a poor return on investment, this means that as an investor, Ubisoft doesn't look as nice because you could take your investment elsewhere and get a better return on your investment.
But thats half the story. Here is the real scoop for people that aren't completely and utterly financially illiterate, i.e, every single YouTuber on the platform right now. Everything I'm about to say is 100% confirmable through Google and Ubisofts latest financial statements.
The first is that Ubisoft made 313 million last year, this resulted in a diluted earnings per share of 1.24 euro per share. What does that mean in lamens terms, it means if you buy an Ubisoft share right now at todays price of 10.48 euro and they made the same profit next year, you'd make a 12% return on your investment (fully franked, meaning most of the tax is already taken care of if not retained and paid as a dividend), which is actually considered a pretty fantastic return. Before the share price fell that would be closer to 5% which is pretty bad, so at the current shareprice, Ubisoft to an investor is starting to look like a pretty good buy. The next thing to note is Ubisofts current market cap is 1.36 billion euro. This means if you wanted to buy ALL the shares in the company, i.e, buy the entire company, it would cost you 1.36 billion euro. But the book value of the company is 1.8 billion dollars. So what does this mean? It means, if you bought a share in the business right now and the company folded tomorrow, you'd likely get most of your investment back. In March of this year Ubisoft was sitting on 1.2 billion in cash and another billion in receivables which is almost enough alone to wipe out the entire companies borrowings. This means if Ubisoft went under today there is a good chance they could just pay their way out of all their debt and the stuff left over, all the buildings they own, all the inventory they have, their entire catalogue of games, any proceeds from the sales of those would go right back to the investors which at the current price would likely result in a risk free investment.
So to summarise, no, Ubisoft is not going bankrupt, they are not even close to going bankrupt, they just reported their best year of sales in history. To people that owned shares 6 months ago it sucks they just lost half their investment, but to anyone looking to invest, you have a company right here who is profitable and owns one of the biggest gaming franchises on the planet that will now likely give you one of the best returns on investment in the gaming industry right now, even if the company did go bankrupt tomorrow, you'd likely get most of your investment back making it close to risk free. Plus ALLLLLLL of what I've said was reported before preorders opened for Shadows, so any money that AC Shadows makes will be on top of all the above benefits.
The "fear" exhibited by the current CEO is only for himself and not the current company as the business is now sitting in a position where a hostile takeover isn't just likely, it might actually be very profitable at the current shareprice, so Ubisoft won't be going anywhere, but their CEO might be kicked out hence the panic from him specifically. Honestly if you were looking for something to invest in, Ubisoft at sub 11 euros is actually pretty enticing, 6 months ago, no way, but today? If I wasn't saving for a huge overseas holiday in a months time I'd be dumping cash into Ubisoft shares.
DREAM project => NIGHTMARE project.
the "Assassin Creed Shadow" maybe the next "CONCORD".
False statement "No AGENDA" certainly the website in ubisoft there about DEI and ESG !!!
They target market "MODERN AUDIENCE GAMER"
😅😅😅
mhm them launching their new AC like two weeks before Monster Hunter Wilds which is topping steam wishlist charts is an interesting decision. I don't wan Ubisoft to go belly up just yet for the single reason that they're finally financing a new Heroes of Might and Magic game after ~ten years.
good vid buddy pal
Now EA next, and we might see our beloved IP's from the golden days of gaming returning to form