Ubisoft recently released its annual earnings report for the 2016-2017 Fiscal Year, and have confirmed several different rumors that have been circulating around the internet.

Things are not so bad for Ubisoft

There have been a lot of rumors circulating around several different forums that the company may be experiencing difficulties, and actually may be under threat of a hostile takeover. However, their reports say otherwise. Ubisoft's digital sales are at an all-time high, and they are looking to increase in the coming years. They have also seen success with their recent games, most notably the Tom Clancy games they've released. Ubisoft has seen an amazing increase in the Tom Clancy community, with a staggering increase of 150% within the last year and a half.

Release the Kraken! (and several games)

The most interesting and exciting thing from Ubisoft's earnings report is the upcoming lineup of games. Fans of Ubisoft games should be more than excited for the upcoming months. Within the next fiscal year Ubisoft will be releasing a new installment in the "Assassin's Creed," "Far Cry," "The Crew," and "South Park" franchises.

The new "Assassin's Creed" game is set in Egypt, and is actually rumored to be the first in a new trilogy. The new installment is focused more on story, and won't include a multiplayer element. "Far Cry 5" is rumored to be set in Montana with a more Western theme, but concrete evidence hasn't been seen yet. "The Crew 2" will most likely follow the same theme of a large, open-world, cooperative racing game.

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The last of Ubisoft's releases is "South Park: The Fractured but Whole," which will follow the same role-playing style that was in place in the first game. All of these games are slated for release within the next year.

Don't 'switch' up on anybody

Another important piece of information that dropped along with the earnings report relates to Ubisoft's presence on Nintendo's newest console. Nintendo has always struggled to find developers who aren't in-house, but Ubisoft has been a consistent third-party developer for them. Ubisoft CFO Alain Martinez insists that this won't be changing in the future. Martinez said that the company believes it has the potential to reach a large audience, and we can assume this is why they aren't shying away from the Switch like so many other developers in the industry.

Ubisoft's will be releasing "Star Trek: Bridge Crew" on May 30th.