Ubisoft: IFRS net income, group share E157.8m

(CercleFinance.com) - IFRS15 sales amounted to E858.
4m in Q4 2023-24, up 176.3% (178.8% at constant exchange rates), compared with E310.7m in Q4 2022-23.

2023-24 IFRS15 sales came to E2,300.9m, up 26.8% (29.1% at constant exchange rates), vs. E1,814.3m in 2022-23.

Net bookings for Q4 2023-24 came to E872.7m, up 178.7% (181.1% at constant exchange rates) on the E313.2m achieved in Q4 2022-23. Net bookings for 2023-24 came to E2,321.4m, up 33.5% (35.8% at constant exchange rates) on the E1,739.5m achieved in 2022-23.

Non-IFRS operating income came to E401.4m for 2023-24, compared with -E500.2m in 2022-23.

Non-IFRS net income, group share, came to E252.0m, giving non-IFRS EPS (diluted) of E1.79. This compares with a loss of E400m and a loss of E3.30 in 2022-23.

Net bookings for Q1 2024-25 are expected to be around E275m.

The group has announced its financial targets for FY 2024-25: solid growth in net bookings, a slight increase in non-IFRS operating income and a rise in non-IFRS cash flow, leading to positive FCF.


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