Ubisoft Delayed Its Latest Earnings Report Due To An Accounting Issue.

The imaginable reasons down Ubisoft delaying nan net study it was expected to merchandise past week were nan taxable of overmuch discussion, particularly fixed nan company’s well-documented issues successful caller times. But we now cognize that nan hold was forced by an accounting rumor relating to its soon-to-be finalized transaction pinch Tencent.

As elaborate successful Ubisoft’s now-published first-half 2025-26 net figures, nan institution was required to restate its FY2024-25 accounts, concerning gross for this play attributed to income from a partnership. "This position now applied by nan Group going guardant has besides resulted successful a business signed successful Q2 FY2025-26 not being recognized successful IFRS15 revenues," nan institution said. "The supra results successful nan Company not complying pinch its leverage covenant ratio nether definite existing financing agreements astatine September 30, 2025. However, this is being addressed by nan aforementioned actions relating to nan concerned indebtedness instruments."

With nan study now published, Ubisoft has asked Euronext to resume trading its shares. And while nan accounting snag led to nan week-long delay, nan French institution said that its woody pinch Tencent is group to adjacent successful "the coming days," pinch nan imminent €1.16 cardinal ($1.36 billion) finance expected to thief nan institution salary disconnected outstanding debt. Once finalized, nan business will besides "enable nan acceleration" of Vantage Studios, nan caller Ubisoft subsidiary successful which Tencent will ain a 25 percent stake. The caller workplace will beryllium responsible for Ubisoft’s 3 biggest IPs: Assassin’s Creed, Far Cry and Rainbow Six.

Ubisoft reported nett bookings of €491 cardinal ($564 million) this quarter, which it said was a 39 percent year-on-year increase. The institution said that Assassin’s Creed Shadows, which is getting a Switch 2 port adjacent month, had overperformed this quarter, apt helped by presence of its New Game+ mode successful nan summer.