bookings

AppWizard
February 14, 2025
Ubisoft reported a 47.5% decline in revenue for the three months ending in December, totaling €318.1 million, down from €606.4 million the previous year. Net bookings fell by 51.8% to €301.8 million. The back catalogue generated €268 million, making up 88% of total net bookings, but also saw a year-on-year decline. CEO Yves Guillemot expressed optimism about the upcoming launch of Assassin’s Creed Shadows on March 20, highlighting early positive previews. Ubisoft is implementing cost reduction initiatives and expects to exceed its cost reduction objectives by the end of FY25, with plans to continue into FY26. A formal review of Ubisoft's strategic options is underway to maximize asset value for stakeholders.
AppWizard
February 7, 2025
Take-Two Interactive reported a three percent rise in net bookings for the quarter ending December 2024, totaling .37 billion, with 79 percent from recurrent consumer spending, which increased by nine percent year-on-year. Net revenue slightly decreased by 0.7 percent to .36 billion. CEO Strauss Zelnick projected full financial year net bookings between .55 billion and .65 billion, anticipating significant releases such as Grand Theft Auto 6, Mafia: The Old Country, and Borderlands 4 in fiscal year 2025/26. The company's performance was bolstered by strong sales of NBA 2K, which helped offset declines in mobile franchises, and a strategic shift in expense timing. The guidance for Fiscal 2025 net bookings remains between .55 billion and .65 billion.
AppWizard
February 5, 2025
Electronic Arts reported a year-on-year decline in revenue and net bookings for the quarter ending December 2024. The company generated .88 billion in revenue, a three percent decrease compared to the previous year, while net bookings fell six percent to .22 billion. CEO Andrew Wilson expressed disappointment over the financial outcomes, citing underwhelming performances from key titles like EA Sports FC 25 and Dragon Age: The Veilguard. He acknowledged that the results did not meet the company's aspirations.
AppWizard
February 5, 2025
Electronic Arts (EA) plans a significant update for Apex Legends, potentially called 'Apex 2.0', as hinted by CEO Andrew Wilson during an investor discussion. This announcement follows a decline in net bookings for the game, which has over 200 million players since its 2019 launch. Wilson emphasized the company's commitment to enhancing player experience and indicated that the update will likely occur after the launch of Battlefield Labs, expected before April 2026. The game is set to transition to a more modern engine, moving away from the current modified version of Valve's Source engine, and aims to improve server tick rates. EA also plans to expand the Apex franchise to support both competitive players and new communities.
AppWizard
November 11, 2024
Messaging apps are essential for personal and professional communication in California. WhatsApp, with 2.7 billion global users, is popular for its free messaging, voice, and video calling, especially among immigrants due to its end-to-end encryption. Telegram has 950 million monthly active users and is favored for its security features, large group chats, and file-sharing capabilities; it is also used by online casino gamers for anonymous gaming and integrated bots. iMessage, with 1.3 billion global users, is preferred by Apple users for its seamless integration and security features. Facebook Messenger has over 1 billion users and is widely used for casual conversations and customer service, aided by automated chatbots and payment functionalities. Signal, with over 40 million monthly active users, is chosen for its strong privacy features, appealing to journalists and activists.
AppWizard
November 7, 2024
Take-Two Interactive reported net bookings of .47 billion for the second quarter of fiscal year 2025, within its projected annual target of .55 to .65 billion. The company attributed its success to the popularity of its franchises, particularly Grand Theft Auto and Borderlands. Grand Theft Auto 5 has sold over 205 million units globally, and Grand Theft Auto Online's membership in the GTA+ service has grown by 35% over the past year. Red Dead Redemption 2 has sold over 67 million units. The anticipated release of Grand Theft Auto 6 is expected in the fall of 2026 at the earliest. The recent Borderlands film has been criticized but positively impacted catalogue sales.
AppWizard
November 7, 2024
Take-Two Interactive reported a four percent increase in net income for the quarter ending September 30th, generating .35 billion in revenue and .47 billion in net bookings, a two percent rise from the previous year. Eighty-one percent of net bookings came from recurrent consumer spending, which grew six percent year-on-year. The company's net loss decreased by 39 percent to 5.5 million. CEO Strauss Zelnick projected fiscal year 2025 Net Bookings guidance of .55 to .65 billion and expressed optimism for record levels in fiscal years 2026 and 2027. Upcoming titles include Grand Theft Auto VI, Borderlands 4, and Mafia: The Old Country.
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