Ubisoft today announced their third quarter earnings for the current fiscal year, but the company is already making forecast predictions on its 2018-2019 earnings. This pretty much tells us that Ubisoft has high visibility into their development pipeline and likes what they see, hinting big-name Ubisoft games like Assassin's Creed and Far Cry could be on the way.
I noticed something interesting while combing Ubisoft's current financials report: they've already "confirmed targets for fiscal year 2018-2019" despite the fact that 2017 just started. To understand why this is a big deal, we have to do a little clarification on the differences between calendar year and fiscal year and the timelines. Ubisoft's Fiscal Years start on April 1 and end on March 31 the following year--for example, the current Fiscal Year, FY2017, started on April 1, 2016 and ends on March 31, 2017. Ubisoft likes to mix calendar years with its fiscal year reports, so instead of Fiscal Year 2017, the filings read "fiscal year 2016-17," but the two are one and the same. So when Ubisoft says "fiscal year 2018-19" that actually means Fiscal Year 2019, which starts on April 1, 2018 and carries over into the next year ending on March 31, 2019.
Yeah I know. It's a bit confusing. But understanding this key bit of info is extremely important to this entire article.
The new Fiscal Year (FY2018) begins on April 1, 2017 and Ubisoft hasn't yet confirmed the full release slate we'll see in this twelve-month period. Despite this, the company already knows what's in the pipeline for 2017 and 2018 beyond, even as far as early 2019. Based on this pipeline, they've already locked in earnings targets forecasts for not only this year, but next fiscal year too.