Ubisoft has released its latest earnings report, and it sounds like the company is going to significantly increase the size of its Assassin's Creed development network. This comes after the Assassin's Creed brand had its most successful year in history--dating back to 2007--thanks in part to Assassin's Creed Valhalla.
The company said it will increase the number of people working on the Assassin's Creed series by 40% over the coming years. The company is doing this to "fuel its ambitious expansion" of the series as it focused on the "biggest growth opportunities."
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Now Playing: Assassin's Creed Valhalla Review
This doesn't necessarily mean that Ubisoft is going on a hiring spree, as the company could be moving people around internally. The company did, after all, say it is taking these steps as part of a "progressive reallocation of resources." During an earnings call, Ubisoft management said that is indeed the case, that people working on other projects will be shifted to Assassin's Creed to grow the franchise and reach its 40% gain goal. Management also confirmed that there are currently 2,000 people working on Assassin's Creed, so the goal will be to reach 2,800.
Ubisoft reported that the Assassin's Creed franchise reached a record level of active players during fiscal year 2023, which ended March 31. The company did not share a number, however. It did reveal that Assassin's Creed Valhalla has 44% more players than Assassin's Creed Origins and 19% more than Assassin's Creed Odyssey life-to-date over a comparable period of time. Additionally, revenue per player is "materially higher" for Valhalla than those other games.
Ubisoft is pushing hard on the Assassin's Creed series in the future. Some of its upcoming games include Assassin's Creed Mirage and codenamed games such as Assassin's Creed Red, Hexe, Jade, and Invictus. Ubisoft is also developing a platform called Assassin's Creed Infinity.
Other highlights from Ubisoft's earnings report include Rainbow Six Siege playtime during Q4 jumping by 30% compared to the same period last year. Daily average revenue per user also reach record levels in March 2023, Ubisoft said. The Division 2, meanwhile, saw player sessions and spending grow year-over-year for Q4. The game is still getting new updates, four years after launch, with the next season coming in early June.
In terms of headcount, Ubisoft said it now has fewer than 20,000 employees, down from 20,700 at the end of September 2022. Ubisoft closed five European business offices and laid off people at its Customer Relation Centers in the past year.
Ubisoft CEO Yves Guillemot said, "Ubisoft's future will be built with the help of its talented teams, its beloved IPs and dependable technologies as well as a strong balance sheet."
Ubisoft's big-time summer event, Ubisoft Forward, is scheduled for June 12.
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