Assassin's Creed Shadows PS5 PlayStation

All eyes are on Ubisoft, one of the biggest publishers in the industry, as it finds itself in something of a fiscal pickle. The French firm has released its financial results for the nine months ending 31st December 2024, and they don't paint a pretty picture. Now more than ever, Ubisoft seems to be counting on the imminent next Assassin's Creed instalment, Shadows, to right the ship. Recently, the company reported that pre-orders were in line with Odyssey, the second-most successful entry in the series.

GamesIndustry.biz dove into the numbers, emerging with data that suggests a somewhat tricky year for the firm. Overall, revenue was down some 31.4% year-on-year (€990 million), and net bookings (the total value of contracts signed) were down 34.8% (€944 million). Further, back-catalogue net bookings, a significant source of income for a storied publisher like Ubisoft, were down 27.7% (€762 million).

Despite it all, Ubisoft remains positive (companies must put on a brave face for shareholders), optimistic that the net booking situation will improve once Assassin's Creed Shadows arrives on 20th March. It's anecdotal, of course, but we can't recall a situation where so much was seemingly riding on a single release. Ubisoft stock is currently going for €11.32 per share (bargain!), down an astonishing 52% from February 2024.

What do you think the future holds for Ubisoft? Even if Assassin's Creed Shadows comes out to rave reviews, and sells as well as Valhalla did, do you think it will be enough? Let us know in the comments section below.

[source gamesindustry.biz]