Why Did Ubisoft Halt Trading on the Stock Market? Company Reveals Financial Report Details

Ubisoft released its results for the first half of the 2025–26 fiscal year, denying any acquisition and attributing the delay in publication to an accounting error.

The filing states that Tencent’s €1.16 billion (~$1.34 billion) investment in Vantage Studios is expected to close in the coming days, as all conditions have been met. Those proceeds, together with the company’s current cash position of €668 million (~$770 million), will reduce leverage and allow for the early repayment of €286 million (~$330 million) of debt.

Ubisoft clarified that it revisited its revenue recognition under IFRS 15 for 2024–25, which required restating prior-period financial statements in accordance with IAS 8.

IFRS 15 and IAS 8 are accounting standards: IFRS 15 sets out when revenue should be recognised, while IAS 8 prescribes how to adjust and restate financial statements when errors are identified.

As a consequence, an agreement signed in the second quarter of 2025–26 was not recognised as revenue under IFRS 15, causing the company to miss required leverage ratios under certain existing financing arrangements as of 30 September 2025.

The company also noted that it temporarily suspended trading in its shares to curb speculative activity. Trading is planned to be resumed.

Source: iXBT.games