Mobile revenue down 44% year over year.
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Tag: Fiscal
Netmarble Posts $2.1 Billion Revenue
Square Enix Releases Fiscal Year Results, Divorces From IO Interactive
Square Enix has released their end of the year fiscal results, boasting an impressive boost to revenue thanks to the launch of strong AAA titles like Final Fantasy XV. Final Fantasy XV boosted revenues alongside Deus Ex and the Playstation 4 version of Rise of the Tomb Raider, alongside strong downloads of prior releases. Net sales for the MMO division dropped from 31.6 billion Yen to 22.7 billion which Square blamed on the lack of expansion releases for Final Fantasy XIV and Dragon Quest X. Final Fantasy XIV’s next expansion, Stormblood, launches June 20th with the latest expansion for Dragon Quest X coming later this year.
Upcoming titles include Dragon Quest XI, Kingdom Hearts III, the Final Fantasy VII remake, and an unnamed Marvel title. The news wasn’t good for everyone as Square Enix also announced this week that they will be selling off Hitman developer IO Interactive, leaving the fate of the franchise in question. Square Enix’s entire presentation can be found here. The sacking of IO Interactive comes alongside Square listing the developer as an “extraordinary loss,” to the tune of 4.89 billion Yen (approximately $42 million USD).
Ubisoft Q1 Sales: Money Stuff And Things Like That
(Editor’s note: Ubisoft’s Q1 fiscal year runs from April through June. Q2 begins July and ends at the end of September.)
Ubisoft has revealed record high player engagement during the first quarter of 2016, following the launch of The Division and Rainbow Six Siege. Sales for the period amounted to approximately $153 million USD, exceeding expectations by a fair margin (expected: $125 mil).
Sales show a trend toward consumers ditching physical media, as digital sales amounted to 75% of the overall take. This, compared to last year’s share of 56%, marks a major shift in consumer spending habits.
“Our solid figures for the first quarter of 2016-17 have confirmed the excellent digital trends and demonstrate we are successfully executing our strategic plan. Player engagement levels reached record highs during the period, fueled by the success of The Division, Rainbow Six Siege and Hungry Shark World.”
The French developer/publisher is gearing up for a busy release schedule including but not limited to South Park: The Fractured But Whole, Just Dance 2017, Ghost Recon Wildlands, Steep, and Watch Dogs 2. Ubisoft expects lower sales in the second quarter, likely due to a sparse release schedule (Grow Up and Champions of Anteria).
Electronic Arts Posts Growth In Q4 2016
Electronic Arts has posted its year end results for the fiscal year 2016, and everything is coming up profit. The publishing behemoth raked in $4.5 billion in revenue this past year, up from the $4.3 billion in the fiscal year ending in 2015. According to the company’s own projections, the next year should continue the trend with an estimated $4.9 billion.
As sales of digital goods climb, packaged games continued to lose market share. Digital revenue has taken over physical media by a growing margin, $2.5 billion compared to $2.0 billion, while EA’s profit margin has increased to an eye-popping 82.7%. PC gamers make up 26% of EA’s revenue while consoles account for 51% with mobile making up the rest. The console market had the strongest growth the past year, a 22% increase in revenue year over year.
Gamers hoping to see the end of downloadable content will have to wait another year, as customers spent $1.1 billion on “extra content,” a separate figure from the $570 million spent on mobile. Subscriptions and ad revenue made up $339 million while full game downloads accounted for about half a billion.
Fiscal year 2017 sees the launch of several big name titles, including Battlefield 1, Mirror’s Edge Catalyst, and Mass Effect Andromeda.
There was no mention of The Old Republic that we could find in any of the documents.
(Source: EA)
MMO Fallout 