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EA financials show strong results

EA has released its Quarter 4 financials, recording strong results and impressive sales for most of its popular franchises.

EA cited strong results driven by the successful launches of Mass Effect 3, FIFA Street 4, SSX and Kingdoms of Amalur: Reckoning. The main reason EA continues to drawn in bucketloads of money though is FIFA, with this year game in particular establishing the best year in franchise history – with downloads and micro-transactions totaling $108 million. FIFA Ultimate Team, the games digital companion, was the second best-selling EA offering in the UK in fiscal 12.

So what of Battlefield 3? Well, EA shouts of a record year, establishing itself as one of ‘EA’s premier game services’ and in the process successfully taking a share in the First-Person-Shooter market. EA says that Battlefield 3 players are still deeply engaged in the game, with 6.3 million playing in March.

As for digital, this is an area EA sees big growth, with Q4 full-game downloads up 76 percent year-over-year, contributing $60 million in total. EA says that the quarter, driven in part by Mass Effect 3 and STAR WARS: The Old Republic in terms of digital, citing STAR WARS: The Old Republics’ active subscribers of 1.3 million.

EA also mentioned its Play4Free brands are generating an average of nearly $2 million per week, while revealing that several more EA brands will be introduced in the Play4Free portal in fiscal 13. Finally, EA also revealed that its Origin platform for games and services has registered 11 million players and generated approximately $150 million in just ten months.

Total revenue was $4.14 billion for the year ended March 31, compared to $3.59 billion in the previous year.

One more interesting thing to note is that EA says it will invest $80 million in development of games for Gen4 console systems in Fiscal 2013. A hint perhaps that we’ll start to see the new consoles late 2013/early 2014.


Edited On 08 May, 2012

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