Financials Ubisoft Entertainment

Equities

Real-time Euronext Paris Other stock markets 09:41:49 2025-06-19 am EDT			5-day change	1st Jan Change
9.112 ^EUR	-0.11%		-5.93%	-30.71%

Jun. 16	AlphaValue/Baader Europe Reduces Ubisoft Forecasts on 'Soft' FY25 Results	MT
Jun. 13	UBISOFT ENTERTAINMENT : Target upgrade by 14.4%

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	1,534	2,241	2,128	1,740	2,321	1,846	1,844	2,071
Change	-	46.06%	-5%	-18.28%	33.45%	-20.46%	-0.13%	12.31%
EBITDA ¹	599.9	1,189	852.5	786.9	1,177	695.6	678	900.4
Change	-	98.18%	-28.29%	-7.7%	49.63%	-40.92%	-2.54%	32.81%
EBIT ¹	34.2	473.3	407.6	-500.2	401.4	-15.1	12.43	294.7
Change	-	1,283.92%	-13.88%	-222.72%	180.25%	-103.76%	182.29%	2,271.49%
Interest Paid ¹	-13.93	-17.4	-23	-23.5	-49.8	-37.5	-45	-42.33
Earnings before Tax (EBT) ¹	-78.56	237.8	193.1	-603.3	254.7	-146.6	-117.6	94.35
Change	-	402.71%	-18.8%	-412.43%	142.22%	-157.56%	19.76%	180.21%
Net income ¹	-125.6	103.1	79.1	-494.2	157.8	-159	-98.84	53.69
Change	-	182.07%	-23.28%	-724.78%	131.93%	-200.76%	37.84%	154.32%
Announcement Date	5/14/20	5/11/21	5/11/22	5/16/23	5/15/24	5/14/25	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	455.5	417.4	410	344.7	1,001	1,068	326	392.2	746.1	664.2	293.3	406.1	726.9	313.2	267.7	554.8	626.2	872.8	290	352.3	301.8	960.2	312	368.5	761.5	406	350	575
Change	-	-8.36%	-1.77%	-15.93%	190.4%	6.74%	-69.49%	20.31%	90.23%	-10.98%	-55.84%	38.46%	79%	-56.91%	-14.53%	107.25%	12.87%	39.38%	-66.77%	21.48%	-14.33%	218.14%	-67.51%	18.11%	106.65%	-46.68%	-13.79%	64.29%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	2/6/20	5/14/20	7/22/20	10/29/20	2/9/21	5/11/21	7/20/21	10/28/21	2/17/22	5/11/22	7/21/22	10/27/22	2/16/23	5/16/23	7/20/23	10/26/23	2/8/24	5/15/24	7/18/24	10/30/24	2/13/25	-	-	-	-	-	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2021 S1	2021 S2	2022 S1	2022 S2	2023 S1	2023 S2	2024 S1	2024 S2	2025 S1	2025 S2	2026 S1	2026 S2	2027 S1
Net sales ¹	754.7	1,486	718.2	1,410	699.4	1,040	822.4	1,499	642.3	1,257	715.9	1,125	816.1
Change	-	96.89%	-51.67%	96.37%	-50.41%	48.71%	-20.93%	82.27%	-57.15%	95.69%	-43.04%	57.1%	-27.43%
EBITDA ¹	215.2	848.4	145.4	-	160.5	511.5	-	-	-	663.2	129.9	557.1	280.3
Change	-	294.24%	-82.86%	-	-	218.69%	-	-	-	3.56%	-80.41%	328.87%	-49.69%
EBIT ¹	114.3	359	44.1	363.5	-139	-361.2	43.5	357.9	-252.1	237	-149	154	12.2
Change	-	214.09%	-87.72%	724.26%	-138.24%	-159.86%	112.04%	722.76%	-170.44%	194.01%	-162.87%	203.36%	-92.08%
Charge d'intérêts ¹	-7.5	-9.9	-11.3	-11.7	-9.7	-13.8	-21	-28.8	-27.3	-14.6	-22	-23	-
Earnings before Tax (EBT) ¹	38.4	199.4	13.8	179.3	-218.5	-384.8	-13.7	268.5	-	162.2	-204	71	-80.5
Change	-	419.27%	-93.08%	1,199.28%	-221.86%	-76.11%	96.44%	2,059.85%	-	10.08%	-225.8%	134.8%	-213.38%
Net income ¹	21.1	82	0.9	78.2	-190.1	-304.1	-34.4	192.2	-246.7	87.7	-113.4	12.97	-47.7
Change	-	288.63%	-98.9%	8,588.89%	-343.09%	-59.97%	88.69%	658.72%	-228.36%	135.55%	-229.34%	111.43%	-467.87%
Announcement Date	10/29/20	5/11/21	10/28/21	5/11/22	10/27/22	5/16/23	10/26/23	5/15/24	10/30/24	5/14/25	-	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	101	467	-283	662	985	885	1,314	1,239
Change	-	362.38%	-160.6%	333.92%	48.79%	-10.15%	0%	-5.71%
Announcement Date	5/14/20	5/11/21	5/11/22	5/16/23	5/15/24	5/14/25	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	104.9	96.8	90.6	71.6	116.2	41.9	74.5	85.18
Change	-	-7.73%	-6.4%	-20.97%	62.29%	-63.94%	3.33%	14.33%
Free Cash Flow (FCF) ¹	-191.3	72.3	-282	-425.8	-509.4	127.7	-191.5	149.6
Change	-	137.79%	-490.04%	-50.99%	-19.63%	125.07%	-677.43%	178.13%
Announcement Date	5/14/20	5/11/21	5/11/22	5/16/23	5/15/24	5/14/25	-	-

¹EUR in Million

Estimates

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	39.1%	53.06%	40.05%	45.24%	50.72%	37.67%	36.77%	43.48%
EBIT Margin (%)	2.23%	21.12%	19.15%	-28.76%	17.29%	-0.82%	0.67%	14.23%
EBT Margin (%)	-5.12%	10.61%	9.07%	-34.68%	10.97%	-7.94%	-6.38%	4.56%
Net margin (%)	-8.19%	4.6%	3.72%	-28.41%	6.8%	-8.61%	-5.36%	2.59%
FCF margin (%)	-12.47%	3.23%	-13.25%	-24.48%	-21.94%	6.92%	-10.38%	7.22%
FCF / Net Income (%)	152.3%	70.13%	-356.51%	86.16%	-322.81%	-80.31%	193.73%	278.66%
Profitability
ROA	-0.3%	7.39%	5.47%	-8.31%	3.22%	-3.24%	-1.79%	1.36%
ROE	-0.91%	21.11%	15.54%	-24.34%	9.4%	-8.66%	-5.05%	3.33%
Financial Health
Leverage (Debt/EBITDA)	0.17x	0.39x	-	0.84x	0.84x	1.27x	1.94x	1.38x
Debt / Free cash flow	-0.53x	6.46x	-	-1.55x	-1.93x	6.93x	-6.86x	8.28x
Capital Intensity
CAPEX / Current Assets (%)	6.84%	4.32%	4.26%	4.12%	5.01%	2.27%	4.04%	4.11%
CAPEX / EBITDA (%)	17.49%	8.14%	10.63%	9.1%	9.87%	6.02%	10.99%	9.46%
CAPEX / FCF (%)	-54.83%	133.89%	-32.13%	-16.82%	-22.81%	32.81%	-38.91%	56.94%
Items per share
Cash flow per share ¹	5.358	7.586	5.543	5.692	3.648	1.328	4.093	6.4
Change	-	41.58%	-26.93%	2.7%	-35.91%	-63.61%	-29.19%	56.35%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	11.8	13.11	14.19	12.21	15.08	14.32	13.89	14.34
Change	-	11.14%	8.26%	-13.97%	23.49%	-5.03%	-3.02%	3.28%
EPS ¹	-1.12	0.85	0.65	-4.08	1.24	-1.25	-0.7429	0.3924
Change	-	175.89%	-23.53%	-727.69%	130.39%	-200.81%	5.58%	152.83%
Nbr of stocks (in thousands)	119,796	123,210	123,193	123,933	127,428	131,483	131,483	131,483
Announcement Date	5/14/20	5/11/21	5/11/22	5/16/23	5/15/24	5/14/25	-	-