Square Enix announces gloomy results despite Final Fantasy 16


Few really positive points to extract from these results, apart from a turnover which jumped by 5%, mainly thanks to the launch of Final Fantasy 16 and the contributions of the Final Fantasy Pixel Remaster range. The Final Fantasy franchise can also boast of exceeding 185 million games sold worldwide, compared to 180 million last July. While waiting for Square Enix’s next big thing, Final Fantasy 7 Rebirth, which will be released on February 29, 2024, profits are melting like an iceberg at the touch of Ifrit, ” due to increased amortization of development costs and advertising costs », Explains Square Enix.

With Final Fantasy 16, sales of traditional games on consoles and PC are fortunately up sharply and generated 271.8 million euros, compared to 182.8 million euros a year earlier. Square Enix distributed 12.17 million games between April and September 2023, compared to 9.14 million games a year earlier. Box sales represent only 2.27 million, leaving 9.44 million download sales.

When Square Enix is ​​in bad shape, it’s often because mobile games are too. They recorded a turnover of 338 million euros, compared to 366 million euros a year earlier. “ New titles could not compensate for weak performance of existing titles “, we can read. The new titles in question include Dragon Quest Champions and Final Fantasy 7 Ever Crisis.

Sales of MMOs are also in decline as is always the case between two Final Fantasy 14 expansions. The turnover of this segment is 148.5 million euros, compared to 177.8 million euros a year ago. year earlier. Before the launch of Dawntrail next summer, however, the game will debut on Xbox Series and can therefore hope to bounce back from spring 2024.



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