Earnings release
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UBISOFT REPORTS FIRST - QUARTER 2021-22 SALES Q1 performance in line with expectations Back - catalog up double - digit vs. Q1 2019-20 Net bookings of € 326.0 million , slightly ahead of target of around € 320.0 million In € m Q1 2021-22 Reported change vs. Q1 2020-21 Reported change vs. Q1 2019-20 % of total net bookings Q1 2021-22 Q1 2020-21 IFRS 15 sales 352.8 -17.4 % -2.9 % ΝΑ ΝΑ Net bookings 326.0 -20.5 % + 3.8 % ΝΑ ΝΑ Digital net bookings 279.4 -21.4 % -4.4 % 85.7 % 86.7 % PRI net bookings Back - catalog net bookings 173.5 -12.5 % + 15.5 % 53.2 % 48.4 % 306.8 -21.9 % + 13.9 % 94.1 % 95.8 % 2021-22 targets confirmed Building quality and depth in Ubisoft's portfolio to the benefit of our players , ultimately leading to significantly bigger audiences and recurring revenues : 1. Expanding premium offering over the coming years a ) Ambitious plans for biggest existing franchises , including : Promising content for Assassin's Creed® over the coming months and years , including a powerful post - launch plan for Valhalla in Year 1 and 2 Far CryⓇ 6 to build on the franchise's great momentum Tom Clancy's Rainbow Six® Extraction to broaden Rainbow Six audience Mario + Rabbids® : Sparks of Hope to leverage the first opus ' success and massive Nintendo Switch installed base Revival of fan - favorite franchise with Beyond Good and Evil ™ 2 b ) New IP creation with a focus on long term player engagement Riders Republic ™ and Skull & Bones ™ c ) Major entertainment brands to broaden portfolio Avatar : Frontiers of Pandora ™ and Star Wars ™ game 2. Expanding our brands ' universes and bringing them to a significantly wider audience through F2P on consoles , PC and mobile , including Tom Clancy's The Division®Ⓡ Heartland , Tom Clancy's The Division mobile , Tom Clancy's XDefiant and a to - be - announced mobile game for Q4 2021-22 Approval in China : The Division 2 , Mario + Rabbids : Kingdom Battle and Rabbids Party Ubisoft ESG commitment rewarded by Sustainalytics recent ratings 1