We're one month into a new financial year and it's earnings call week, with major businesses the world over looking back on the whole of FY22. It's Ubisoft's turn today, and in a statement released ahead of its call, the publisher says the past twelve months have been "Far Cry's best year ever for the brand."
But it's not just Far Cry. Ubisoft's largest three brands – Assassin's Creed, Far Cry, and Rainbow Six – made over €300m (roughly $315m USD, or £257m GBP) in net earnings. Assassin's Creed doubled in earnings compared to 2020, the most recent year in which the series had no major release. Rainbow Six also saw growth on the back of Rainbow Six Extraction, as well as a very positive response for Rainbow Six Siege's year 7 roap.
Interestingly, Ubisoft's back catalogue of older titles saw an 11% growth from last year and announced for more than half of overall earnings.
But the picture isn't all rosy. Overall net earnings were €2,129m (roughly $2,241m USD, or £1,828m GBP), which is a 5% reduction from the previous year. You can read Ubisoft's earnings statement here.
The publisher also confirmed its release plans for the next financial year, based on "exciting and F2P titles across all platforms," most notably Avatar: Frontiers of Pandora and the long-delayed Skull & Bones.
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