News business FIFA Ultimate Team and Apex Legends shine in Electronic Arts results
Electronic Arts has released its financial results for the final quarter of 2020. A period marked by the introduction of FIFA 21, Medal of Honor Beyond, Need for Speed Hot Pursuit Remastered or NHL 21, but the publisher particularly emphasizes the performance of FIFA Ultimate Team and Apex Legends.
In December, the FIFA Ultimate Team had a record of nearly 6 million active players per day. The free battle royale Apex Legends, which will be released on Switch March 9 and later on mobile, has increased its player base by 30% compared to 2019. The Sims 4 That Keeps Growing Regular hosting of paid extensions is also more popular than ever. Since its release in 2014, the title has seen 33 million players.
| Period | sales | Operating profit | net profit |
|---|---|---|---|
| Octobore until December 2020 | 1.39 billion dollars | 208 million dollars | 173 million dollars |
| Octobore until December 2019 | 1.32 billion dollars | 300 million dollars | 287 million dollars |
EA made one Sales of 1.39 billion dollars between October and December 2020. Services (additional content, subscriptions, microtransactions) account for around 790 million dollars, while revenue from games is 600 million dollars. Note that if profits fall, this is mainly due to the publisher benefiting from an exceptional tax saving over the past year.
The health crisis has accelerated the growth of dematerialized consumption: 62% of the games EA sold in 2020 on PS4 and Xbox One were available for downloadcompared to 49% in 2019. Finally, the service EA Play has 13 million users on all platforms (PC, consoles) and taking into account the Xbox Game Pass Ultimate subscribers who have been able to enjoy it on Xbox consoles at no additional cost since last November. EA previously had 6.5 million paying subscribers as of September 30, 2020.
We had another strong quarter, fueled by the outperformance of our Ultimate Team and Apex Legends live services. Due to the strength of our business, we are increasing our net sales forecast for the full fiscal year. Going forward, despite the surge this year, we expect growth for fiscal 2022, driven by the next battlefield (which will be announced in the spring for a release in late 2021). Blake Jorgensen, Electronic Arts Chief Financial Officer.
Source: EA (1, 2)
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By iGamesNews, Writing from igamesnews.com
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