During its last fiscal year, Ubisoft saw both digital and back catalog sales rising. Overall, the company’s sales came in at €1.46 billion (~$1.62 billion).
Ubisoft has met its targets for its most recent fiscal year, ending March 31, 2017. The company’s sales generated in total €1.46 billion (~$1.62 billion), up from last years €1.39 billion (~$1.54 billion)
Digital accounted for 50 percent Ubisoft’s sales, up from 32 percent compared to the previous year, generating revenues of €729.3 million (~$810.2 million).
The company’s back catalog titles saw also a jump and made up 44.5 percent of its game sales. These older titles brought in €649.2 million (~$721.1 million) revenue, growing 25.7 percent year-on-year.
Its non-IFRS operating income, which represents operating income without specific non-operating products, grew by 40.7 percent to a record high €237.7 million (~$264 million).
In a press release, Ubisoft co-founder and CEO Yes Guillemot stated that the company will focus on expanding the profitability of its existing franchises. During this year, the studio will release new titles in the Assassin’s Creed, Far Cry, South Park and The Crew franchises.
Looking ahead to the 2018-2019 fiscal year, Ubisoft predicts sale revenues of about €2.1 billion (~$2.3 billion). Digital sales will represent 55 percent of these sales. The company has planned to launch 4 tripple-A titles this year and expects those games to shift 28 million copies by March 31, 2018. It also foresees its back catalog sales to rise, partly due to its new and successfull focus on a recurring business model.