Uh oh: Ubisoft postpones its quarterly financial report at the last minute and halts stock trading

Submitted ⁨⁨20⁩ ⁨hours⁩ ago⁩ by ⁨RegularJoe@lemmy.world⁩ to ⁨games@lemmy.world⁩

https://www.pcgamer.com/gaming-industry/uh-oh-ubisoft-postpones-its-quarterly-financial-report-at-the-last-minute-and-halts-stock-trading/

Just minutes before it was set to deliver its financial results for the first half of its 2025-26 fiscal year, Ubisoft mashed the brakes on the whole thing, postponing the release of its results to an unspecified future date. The company also requested that European exchange Euronext halt trading of the company’s shares and bonds from November 14 until the publication of its results.

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Lemminary@lemmy.world ⁨2⁩ ⁨hours⁩ ago
I remember when Ubisoft was a logo I liked seeing on my gaming screen.

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- samus12345@sh.itjust.works ⁨2⁩ ⁨hours⁩ ago
  Now it just looks like a flushing toilet.
  
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  - TBi@lemmy.world ⁨2⁩ ⁨hours⁩ ago
    I can never unsee that now.
    
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zerofk@lemmy.zip ⁨3⁩ ⁨hours⁩ ago

Either way, he recommended that everyone “freak the fuck out for the next few days and speculate as much as possible until they announce something,”

Advice after my own heart. Freaking out and speculating are always the best move.

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Cricket@lemmy.zip ⁨3⁩ ⁨hours⁩ ago
Maybe the dog ate their homework?

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dbtng@eviltoast.org ⁨5⁩ ⁨hours⁩ ago
The only games in my Steam library that I can’t play are Ubisoft.
Fuk Ubi. Forever. I would be happy if they went under.

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- kazerniel@lemmy.world ⁨1⁩ ⁨hour⁩ ago
  The only Ubi game I play is Just Dance Now. Sadly I can’t think of a non-Ubi alternative to that gameplay :/
  
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  - pinball_wizard@lemmy.zip ⁨7⁩ ⁨minutes⁩ ago
    The rabbit hole goes deep on this one.
    
    I found it surreally hard to find new dance game - until I discovered that much of the player community had (I guess?) moved to an open source game engine called StepMania.
    
    I play StepMania happily enough, now. It is nice how many different songs I can now add with community contributed step configurations.
    
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- mirshafie@europe.pub ⁨4⁩ ⁨hours⁩ ago
  The Sands of Time series and Beyond Good and Evil are incredible, and they’re on gog. I’m thinking of getting them, but I have no desire whatsoever for anything that Ubisoft, EA or Activision makes.
  
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  - meisterah@ttrpg.network ⁨3⁩ ⁨hours⁩ ago
    Just emulate them.
    
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ShinkanTrain@lemmy.ml ⁨10⁩ ⁨hours⁩ ago
Saudi Arabia:

Image

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- Lootboblin@lemmy.world ⁨8⁩ ⁨hours⁩ ago
  e-sports washing
  
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tuckerm@feddit.online ⁨18⁩ ⁨hours⁩ ago
Wait…you can just do that?

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- neukenindekeuken@sh.itjust.works ⁨15⁩ ⁨hours⁩ ago
  You can do whatever you want there, as long as you are ok with the penalties.
  
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CosmoNova@lemmy.world ⁨15⁩ ⁨hours⁩ ago
I‘m looking forward to next year when AAA studios will continue to disappoint even harder while indie games flourish and gain market share. Maybe the AI bubble pops too. One can only hope.

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- meisterah@ttrpg.network ⁨3⁩ ⁨hours⁩ ago
  I suggest you play some classics.
  
  Indie games pale in comparison.
  
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  - Cricket@lemmy.zip ⁨3⁩ ⁨hours⁩ ago
    What are some examples of classics and indies you have in mind?
    
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- AllNewTypeFace@leminal.space ⁨5⁩ ⁨hours⁩ ago
  Then the AAA studios will use some of their Saudi cash to buy out the most prominent indie developers, only to slowly strangle their products
  
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- M137@lemmy.world ⁨9⁩ ⁨hours⁩ ago
  Don’t forget AA, doing pretty good too.
  
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- Katana314@lemmy.world ⁨8⁩ ⁨hours⁩ ago
  On a pedestrian level, I’ve really liked the slow move from “SNES aesthetic” to “PS1/PS2 aesthetic”. My first console was an N64, so I guess I never had much nostalgia for the 8-bit days, and I feel like 3D gives a lot of opportunities for intelligent asset reuse to give a game lots of content.
  
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  - Cricket@lemmy.zip ⁨3⁩ ⁨hours⁩ ago
    Genuine curiosity: does 3D really give more opportunities for asset reuse than 2D does?
    
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ABetterTomorrow@sh.itjust.works ⁨10⁩ ⁨hours⁩ ago
I don’t think video game companies should have gotten this big and/or complex……

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- meisterah@ttrpg.network ⁨3⁩ ⁨hours⁩ ago
  I’m noticing it happens with all companies.
  
  They start out small and can’t afford to pay businesspeople to figure out how to fuck over their customers as hard as possible.
  
  Then, after the company is successful thanks to the hard work of the workers, the business-school people start applying in droves to make sure every company operates like gas stations across the street from each other.
  
  Nothing will meaningfully improve until our culture stops valuing people based on their wealth. I have no hope for that to happen in my lifetime.
  
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- Potatar@lemmy.world ⁨8⁩ ⁨hours⁩ ago
  (X is a verb or a brand name)
  
  Professional (as in they earn money, not skill level) Xers fuck everything up.
  
  My anecdotes: Youtube was good before professional youtubers became a thing (systemic problem, people are not the issue but the environment which breeds them), now it’s attention economy and or one topic discussed for 50 minutes (a video explaining the same topic with the same intensity from 10 years ago is 2 minutes long)
  
  Gamers were problematic but harmless, professional gamers caused betting pandemic (sponsored content).
  
  Streamers were funny, professional streamers are sexy/deadly-sells-to-children.
  
  I liked it when people were sharing stuff online because they were bored, and not because they were hungry.
  
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  - ABetterTomorrow@sh.itjust.works ⁨5⁩ ⁨hours⁩ ago
    The last line you said is top notch and sums it up well.
    
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Bennyboybumberchums@lemmy.world ⁨6⁩ ⁨hours⁩ ago
All you had to do was make good and fun games. How do you fuck THAT up??? Especially when you were already doing it.

And not to mention…

“Hey guys, what can we make that people really want?”

“I hear people all the time over the last decade asking for a new Splinter Cell game.”

“Yeah, ok, Brad. We’ll call that plan B… Every year with this asshole. Does anyone have any REAL ideas???”

Because fuck gamers, right, Ubi? Expedition 33 showed the world what current games makers can do when pricks in suits arent around to muddy the waters. The quicker UBI folds, and all that talent leaves to make something that they actually want to make the better.

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- BlameTheAntifa@lemmy.world ⁨5⁩ ⁨hours⁩ ago
  They are also hellbent on infecting everything they touch with Denuvo malware. I haven’t bought anything of theirs in years for that reason alone.
  
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  - Krudler@lemmy.world ⁨3⁩ ⁨hours⁩ ago
    I have a lifetime boycott of all things Ubisoft for this very reason. I bought game after game after game from the late 90’s until early 2000’s. 100% of them were legal purchases and with the CD in the drive… "please insert CD " error
    
    Then I became the lead developer for gameloft.com and saw how completely incompetent the French leadership of the company is. Absolute morons to the highest levels.
    
    Never another penny shall be conveyed to Ubi from my holdings.
    
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- A_Random_Idiot@lemmy.world ⁨4⁩ ⁨hours⁩ ago
  
  All you had to do was make good and fun games. How do you fuck THAT up???
  
  By treating their paying customers like worthless trash/criminals/scum/pirates/etc. Which is what Ubisoft has spent the past 10 years doing.
  
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ieatpwns@lemmy.world ⁨4⁩ ⁨hours⁩ ago
But how do the shareholders feel?

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rafoix@lemmy.zip ⁨18⁩ ⁨hours⁩ ago
There AAA games.

Then there’s one AAAA game.

Next must be the AAAAA game they’re working on. It’s an extraction shooter.

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- RizzRustbolt@lemmy.world ⁨15⁩ ⁨hours⁩ ago
  Roguelike Deckbuilder Extraction Shooter.
  
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- WhiskyTangoFoxtrot@lemmy.world ⁨9⁩ ⁨hours⁩ ago
  en.wikipedia.org/…/Aaahh!!!_Real_Monsters_(video_…
  
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  - Katana314@lemmy.world ⁨8⁩ ⁨hours⁩ ago
    …steampowered.com/…/AaAaAA__A_Reckless_Disregard_…
    
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- Bronzebeard@lemmy.zip ⁨10⁩ ⁨hours⁩ ago
  
  Then there’s one AAAA game.
  
  I mean, they claim there’s one, but evidence says otherwise. Them spending a lot on their shitty arena shooter with boats didn’t make it any higher quality.
  
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- TheBat@lemmy.world ⁨10⁩ ⁨hours⁩ ago
  
  AAAAA
  
  The sound one makes when they’re forced to 100% Ubishit’s sandbox games.
  
  What do you mean markers spread everywhere isn’t gameplay?
  
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msokiovt@lemmy.today ⁨20⁩ ⁨hours⁩ ago
They know. They’re done, and that’s that.

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itkovian@lemmy.world ⁨15⁩ ⁨hours⁩ ago
This exactly what happens when you rely on rhetoric, instead of you know, making games that people like.

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TankovayaDiviziya@lemmy.world ⁨15⁩ ⁨hours⁩ ago
The Ubisoft trading community are coping to justify holding on to their tanking investments. It’s a gambler doubling down on losing.

Christ, how the mighty Ubisoft has fallen. They will go the way of EA and become a spyware company for the decadent Arab royals. I’m just crying that Ubisoft made some of my favourite games growing up and look what they have done to my boy-- a rotting zombie 🥲

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- MyNameIsAtticus@lemmy.world ⁨12⁩ ⁨hours⁩ ago
  It’s disappointing. I’ve been going through some of their older catalog recently and it just has a lot more passion behind it i feel.
  
  AC Shadows felt like when i write an essay, where i get really motivated at the start, completely drop off and try to stuff the middle with as much as possible to reach the page count, then get motivated again at the end just to finish the conclusion. They always had their bugs, but lately it’s felt soulless.
  
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  - TankovayaDiviziya@lemmy.world ⁨2⁩ ⁨hours⁩ ago
    In the Ubisoft trading community that I mentioned, some folks blamed UbiSoft’s downfall for “being woke”. As if Ubisoft’s blind chasing of money, abandoning most of their IP, and the executive telling consumers to get used to not owning games are not bigger factors.
    
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- msage@programming.dev ⁨12⁩ ⁨hours⁩ ago
  Ubisoft has been shit for a very long time.
  
  I still recoil from the memory of Far Cry 3 dropping in the middle of the game because thier launcher had an issue, three times in one hour. Which reset my progress. Uninstall, never bought shit from them again.
  
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nuko147@lemmy.world ⁨4⁩ ⁨hours⁩ ago
They should use prices of $200, 250, and 300 instead of the $70, 110, and 130 AAA reskinned games. That would work. /s

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- meisterah@ttrpg.network ⁨3⁩ ⁨hours⁩ ago
  I like the way you think.
  
  Charge the morons as much as they’re willing to pay!
  
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FarceOfWill@infosec.pub ⁨8⁩ ⁨hours⁩ ago
A lot of very confused people here who think an earnings delay means ubi havent made much money. Cant say if they have or not, but if they havent thats still not a reason for this kind of delay

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- MolochAlter@lemmy.world ⁨6⁩ ⁨hours⁩ ago
  It’s not that, it’s the trade halt that points to something major (and bad for them) happening.
  
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  - Alaknar@sopuli.xyz ⁨6⁩ ⁨hours⁩ ago
    They haven’t been doing too well recently. The trade halt is because they’re afraid that everybody would read the halting of the report as admission they’re barely afloat and start dumping shares, killing the company.
    
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AwesomeLowlander@sh.itjust.works ⁨19⁩ ⁨hours⁩ ago
What did they screw up recently?

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- the_strange@feddit.org ⁨13⁩ ⁨hours⁩ ago
  The most recent release is probably Anno 117 which came out yesterday. While decently looking it’s lacking features of the previous title (like coop mode and mod browser) with the promise they will be added later and is priced at around 60€ or 90€ if you want to gamble on the quality of the promised to be released DLC. They also relied on AI generated images in some of the assets used in the game instead of paying their artists. Optimisation for the game seems to be ok, but not great but it might be too early to judge that fully yet.
  
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  - AwesomeLowlander@sh.itjust.works ⁨13⁩ ⁨hours⁩ ago
    That seems like way too recent to have any impact, though. It wouldn’t even have made it into their report data
    
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  - caut_R@lemmy.world ⁨12⁩ ⁨hours⁩ ago
    I don‘t get why they’d cheap out on artists, a couple people drawing illustrations is surely not gonna balloon development cost - and arguably one of the easiest places to spot when it‘s AI slop. It‘s as if they think there must be gen AI stuff in the game somewhere or the game‘s worse or something.
    
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ivanafterall@lemmy.world ⁨20⁩ ⁨hours⁩ ago
Uh-oh! Wait, you already said that.

Ruh-roh!

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RightHandOfIkaros@lemmy.world ⁨15⁩ ⁨hours⁩ ago
Sounds like their recent games that they claimed did so well probably didn’t actually, and that’s about to be a massive problem.

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saboteur@sopuli.xyz ⁨13⁩ ⁨hours⁩ ago
Wait what? They just released Anno 117 and it is great! (Seems to be selling nicely too)…

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- SleeplessCityLights@programming.dev ⁨8⁩ ⁨hours⁩ ago
  What are the user reviews like? Reviews by the media for games made by these mega studios are paid for, so I disregard those.
  
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  - saboteur@sopuli.xyz ⁨8⁩ ⁨hours⁩ ago
    My short review as I’ve been playing campaign for 8h so far: If you liked Anno 1800, no need to hesitate, game is super fun and more polished than 1800 was at launch 😍
    
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