Ubisoft has released its latest financial summary, which covers the 2024-25 fiscal year, and it's safe to say that things aren't exactly looking up for the studio right now.
In its presentation, Ubisoft reveals that both sales and profit are down compared to last year. The period in question technically also covers the launch of recent flagship game Assassin's Creed Shadows, so although the game's sales performance was strong, it wasn't enough to save the studio from a tough year.
In an accompanying press release, Ubisoft says it will refocus its efforts towards "more evergreen offering(s)" as part of a "product roadmap optimization", presumably meaning we can expect to see fewer one-off titles and more live-service-adjacent games from the company.
Additionally, Ubisoft says it will continue its ongoing cost reduction program, as part of which the company hopes to slash "at least €200m" from its costs by the next financial year.
The studio says it's already achieved a reduction of "around €205 million" as of March 31st, but that a further €100m will need to be cut over the next two years, which means that we could see a repeat of the sweeping cuts that saw three...
